The main financial intelligence body in Russia known as The Rosfinmonitoring or Federal Financial Monitoring Service labeled the social media company Meta Platform Inc as an organization involved in terrorism and extremist activities.
Russia has previously banned the use of Facebook, Instagram and Twitter in its country but allows access to WhatsApp.
The streak, Meta filed an appeal in the Moscow Court due to the Russian ban, but his appeal was rejected.
Explained, the state prosecutor alleged that Meta allowed his countrymen to be involved in acts of terrorism against Russia and created a negative atmosphere.
After Russia's attack on Ukraine, Meta was also accused of oppressing pro-Russian individuals but denied all the allegations he received.
Even so, experts point out that Russia's ban on social media platforms has not been followed by freedom of speech.
As such, Russia tries to control the flow of information and prevent any dissenting opinions expressed against Russia on social media.
In the meantime, the Russia-Ukraine war has endangered global financial stability and also had a negative impact on the global economy.
Due to soaring inflation levels in the United States (US) and soaring energy prices since Russia's attack on Ukraine, US President Joe Biden continues to blame Russian President Vladimir Putin, saying he is the cause of the problem.
In fact, the steps of central banks are also the reason for the fall in the global market following quantitative tightening.
