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Hetzner is terminating contracts with all users who had a Russian postal address

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21–30 of 137 posts

Re: Hetzner is terminating contracts with all users who had a Russian postal address

#23
post #9
post #6

1 month to migrate is pretty dire. I would hope that they at least offer some kind of "pay for a year up front" kind of deal so that you can actually plan a migration. Quiet reminder that the actions of politicians and the actions of businesses/people - while not mutually exclusive - are usually quite disparate. I do feel for the citizens and business that do not endorse Russian aggression who: by accident of birth,…

Whatever legal change happened says they can’t do business with Russians. I doubt there’s a get out clause saying “unless you got a year up front out of them” in that law.

OFAC(Office of Foreign Assets Control) sanctions are clear-cut and they can issue very large fines for non-compliance. These sanctions have been in place for a while now. It sounds like someone flagged this to their legal department, who then advised to go nuclear, given the threat of large fines.

Re: Hetzner is terminating contracts with all users who had a Russian postal address

#24

Much sympathy. My spouse had a 401K with a portion of it in "Mediterranean assets". She got a letter saying those were Russian assets in reality. All gone, sorry. It however worked out better by default. She was so infuriated she closed the 401K and bought an investment property which we work on together. I haven't seen her this excited in a while. We work on the property on the weekend together.

[flagged]

Re: Hetzner is terminating contracts with all users who had a Russian postal address

#25
post #8

[flagged]

Russian or Belarussian are not a race. Why does everything have to be "racist"?

Mostly because racism is such a blanket term that it covers:

* Religion

* Ethnicity (real and percieved)

* Attachment to statehood

In the 19th century, many scientists subscribed to the belief that the human population can be divided into races. The term racism is a noun describing the state of being racist, i.e., merely subscribing to the belief that the human population can or should be classified into races with differential abilities and dispositions, which in turn may motivate a political ideology in which rights and privileges are differentially distributed based on racial categories.

FWIW The UN does not define "racism"; however, it does define "racial discrimination". According to the 1965 UN International Convention on the Elimination of All Forms of Racial Discrimination,[22]

> The term "racial discrimination" shall mean any distinction, exclusion, restriction, or preference based on race, colour, descent, or national or ethnic origin that has the purpose or effect of nullifying or impairing the recognition, enjoyment or exercise, on an equal footing, of human rights and fundamental freedoms in the political, economic, social, cultural or any other field of public life.

So sanctions fit that definition, ironically.

Re: Hetzner is terminating contracts with all users who had a Russian postal address

#26
post #6

1 month to migrate is pretty dire. I would hope that they at least offer some kind of "pay for a year up front" kind of deal so that you can actually plan a migration. Quiet reminder that the actions of politicians and the actions of businesses/people - while not mutually exclusive - are usually quite disparate. I do feel for the citizens and business that do not endorse Russian aggression who: by accident of birth,…

It's two years and 6 weeks (almost 7), not 1 month.

> It will take effect from 31 January 2024

that's under 6 (working) weeks from today.

I'm trying to read where you got 2 years from, but I can't find it.

Was there an additional warning from before? or are you suggesting that when the Russian military invaded Ukraine that every Russian business and citizen should have pulled out of using European services?

Re: Hetzner is terminating contracts with all users who had a Russian postal address

#27
post #7

I hope this is not going to be a massive hit for them financially -- I like Hetzner. On the flip side they might have some cheap 'server auction' on the block soon, I've been pondering a cross/upgrade for a little while already :-)

Why do you hope they take a massive financial hit, while liking them?

Edit: missed the "not"

Re: Hetzner is terminating contracts with all users who had a Russian postal address

#28

Much sympathy. My spouse had a 401K with a portion of it in "Mediterranean assets". She got a letter saying those were Russian assets in reality. All gone, sorry. It however worked out better by default. She was so infuriated she closed the 401K and bought an investment property which we work on together. I haven't seen her this excited in a while. We work on the property on the weekend together.

Some assets were traded by US buyers in 2022, https://markets.businessinsider.com/news/bonds/russian-bonds...

Re: Hetzner is terminating contracts with all users who had a Russian postal address

#30
post #7

I hope this is not going to be a massive hit for them financially -- I like Hetzner. On the flip side they might have some cheap 'server auction' on the block soon, I've been pondering a cross/upgrade for a little while already :-)

Why do you hope they take a massive financial hit, while liking them? Edit: missed the "not"

Did you overlook the "not"?
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