American Express says it is suspending its operations in Russia and Belarus, becoming the latest credit card giant to respond with measures denouncing Russian President Vladimir Putin’s decision to invade Ukraine. Globally issued American Express cards will no longer work at merchants or ATMs in Russia, while cards issued locally by Russian banks will no longer work outside of the country on the American Express global network, the company said in a statement Sunday. On Saturday, Visa Inc. and Mastercard Inc, each of which derive 4% of their net revenue from business linked to Russia, halted their operations in the country. Their decisions came hours after Ukrainian President Volodymyr Zelenskiy called on the companies to suspend all business in Russia during a video call with U.S. lawmakers. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to our newest channel Quicktake Explained: https://bit.ly/3iERrup Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake