Ecoclub Focus™ - Tourism & Geopolitics from an ecosocialist perspective

Germany: EU Sanctions against Russian Billionaires may affect TUI

Added 2022-02-28

Description

The world's largest tour operator is 34% owned by Cyprus-based Unifirm Ltd, reportedly owned by Alexey Mordashov, also majority owner of Severstal, Russia's largest steel and mining company. Steel of course is used for tanks, among other things. Capital concentration, oligarchy, autocracy and neoliberal globalization have led to a surreal situation where an innocent mass holiday package may indirectly support war?

Read more: Skift | Globalconnekt | Travel Weekly

Location

Germany