Yandex may be unable to pay its debts due to sanctions against Russia. The Russian rival of the Google search engine, Yandex, may not be able to pay its debts due to the sanctions imposed on Russia due to Russia 🇷🇺's invasion of Ukraine 🇺🇦.
The company, which presumably directs 60% of the traffic of the Russian internet, announced that it may not be able to pay its debts as a result of the financial meltdown as a result of the sanctions. After the collapse of the Russian Ruble, the firm is in a difficult position. "The Yandex group as a whole does not currently have enough resources," Yandex said.