Russia

Agricultural credit: Russia weighs in first quarter, solvency disappoints – 05/05/2022 at 10:57

Agricultural credit: Russia weighs in first quarter, solvency disappoints - 05/05/2022 at 10:57

[ad_1] AGRICULTURAL CREDIT: RUSSIA FALLS IN THE FIRST QUARTER, SOLVENCY DISAPPOINTS by Julien Ponthus PARIS (Reuters) – Crédit Agricole SA reported a sharp drop in first-quarter earnings on Thursday after booking more than half a billion euros in forecasts related to its exposure to Russia and Ukraine. Lower-than-expected solvency ratios, higher-than-expected costs and adverse comparisons …

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TotalEnergies announces’ start of recession ‘for Russia’ s largest gas pipeline

TotalEnergies announces' start of recession 'for Russia' s largest gas pipeline

[ad_1] Two months and three days after the start of the war in Ukraine, Western sanctions against Russia led the French company TotalEnergies (formerly Total) to launch “The beginning of a retreat”, according to a spokesman. On the night of Wednesday 27 April, the oil and gas company announced an asset impairment of $ 4.1 …

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