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Official Russia vs Ukraine/ World War 3 Thread
Official Russia vs Ukraine/ World War 3 Thread
03-02-2022, 12:44 PM
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#9691
- benedetto27
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Originally Posted By AlwaysFocus⏩
CBC: "Only Trudeau is allowed to call people Nazis, experts say"turdeau hates nazis, surely he will back Putin now, right?
"The best investments you ever make are investments in yourself - and your education. Those investments always pay big dividends." - Donald J. Trump, 45th & 47th President of the United States of America
03-02-2022, 12:45 PM
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#9692
- chalup
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Originally Posted By benedetto27⏩
Imagine actually believing this when Russia and its nazi rebels have been waging war since 2014 in Ukraine. I love how they try to equate 900 men in Azov representing the entire Ukraine military. They weren't even recognized til Russia started war in 2014. The real nazi's are Chechen's who rape and murder kids for their religion.
03-02-2022, 12:46 PM
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#9693
- Jaydawg08
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https://mobile.twitter.com/LostWeapo...40883865391107
Russian battle plans captured, likely from one of the command vehicles captured. Battle plans were approved on January 18th and called for a 15 day war to take over Ukraine
03-02-2022, 12:46 PM
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#9694
03-02-2022, 12:46 PM
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#9695
Originally Posted By chalup⏩
source? not CIA guyImagine actually believing this when Russia and its nazi rebels have been waging war since 2014 in Ukraine. I love how they try to equate 900 men in Azov representing the entire Ukraine military. They weren't even recognized til Russia started war in 2014. The real nazi's are Chechen's who rape and murder kids for their religion.
03-02-2022, 12:46 PM
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#9696
- exxtracool
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Originally Posted By Muscle2021⏩
No one expected india or china to abstain tbh. They both have established ties with russia. Africa is irrelevant.India, china, 1/3 of Africa abstained aka most of the world did not condemn russia in UN resolution
The eu, us, canada, obviously foresaw this lol. They also know full well that china has a replacement for the petrodollar and swift. These things have definitely been factored in.
03-02-2022, 12:46 PM
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#9697
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Originally Posted By B.O.L.A.⏩
he just painted a giant target on himself.
03-02-2022, 12:47 PM
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#9698
03-02-2022, 12:48 PM
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#9699
- AlwaysFocus
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- AlwaysFocus
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The propaganda is working. Low iq miscers falling hard rn.
03-02-2022, 12:52 PM
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#9700
- ChadShapox
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**** russia
**** ukraine
**** nato
**** the world economic order
**** them all.
**** ukraine
**** nato
**** the world economic order
**** them all.
03-02-2022, 12:52 PM
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#9701
Originally Posted By B.O.L.A.⏩
Awesome. Need more of theseEven my father (former yugoslavian/serbian higher ranking soldier and previous russian sympathiser) said the best course of action would be for someone close to him to just kill him
03-02-2022, 12:52 PM
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#9702
03-02-2022, 12:54 PM
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#9703
- BraneyGumble
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Gazprom, Lukoil and Sberbank are now penny stocks as Russian companies collapse in London
Russian natural-gas giant Gazprom, oil-producer Lukoil and leading bank Sberbank are all penny stocks based on their trading on the London Stock Exchange, as the local market was shut for a third day.
Sberbank SBER, -78.43%, which had assets of over $500 billion at the end of 2021, was trading for 3 cents a share in afternoon action. The European Commission on Wednesday approved the resolution plan for its Croatian and Slovenian arms that will be sold. Its Austrian and Czech operations will be wound down, with depositors compensated up to €100,000.
Lukoil LKOD, -93.23%, Gazprom OGZD, -23.50%, and Rosneft Oil ROSN, -77.71% continued to collapse as the dollar-denominated secondary listings in London remained the one venue where Russia’s top companies could be valued.
https://www.marketwatch.com/story/ga...on-11646227312
Russian Stocks in London Wipe Out 98% of Value in Two Weeks
The Dow Jones Russia GDR Index, which tracks London-traded Russian companies, has plunged 98% in two weeks. The slump has wiped out $572 billion from the market value of 23 stocks, including Gazprom PJSC, Sberbank of Russia PJSC and Rosneft PJSC, according to Bloomberg calculations.
Wednesday’s continuing selloff triggered a wave of volatility halts. Within the first four hours of trading, dealing was briefly paused at least 15 times for lender Sberbank, state-run gas giant Gazprom and retailer Magnit PJSC. Trading in VTB Bank PJSC was suspended last week following sanctions.
The Dow Jones Russia GDR gauge, which tracks 11 of the largest Russian companies listed in London, fell as much as 81% Wednesday, taking a decline since Feb. 16 to 98%.
Depositary receipts for Sberbank have slumped 99% this week, while Gazprom fell 98% and steel producer Severstal PJSC lost almost 100%. Rosneft Oil Co. tumbled 79% and Lukoil PJSC sank 99%.
Europe is carving up Sberbank’s business in the region after sanctions sparked by President Vladimir Putin’s invasion of Ukraine prompted a run on its local deposits. Meanwhile, European energy companies are distancing themselves from Gazprom, with Shell Plc and Italy’s Eni SpA ending joint ventures.
https://finance.yahoo.com/news/londo...140725263.html
Russian natural-gas giant Gazprom, oil-producer Lukoil and leading bank Sberbank are all penny stocks based on their trading on the London Stock Exchange, as the local market was shut for a third day.
Sberbank SBER, -78.43%, which had assets of over $500 billion at the end of 2021, was trading for 3 cents a share in afternoon action. The European Commission on Wednesday approved the resolution plan for its Croatian and Slovenian arms that will be sold. Its Austrian and Czech operations will be wound down, with depositors compensated up to €100,000.
Lukoil LKOD, -93.23%, Gazprom OGZD, -23.50%, and Rosneft Oil ROSN, -77.71% continued to collapse as the dollar-denominated secondary listings in London remained the one venue where Russia’s top companies could be valued.
https://www.marketwatch.com/story/ga...on-11646227312
Russian Stocks in London Wipe Out 98% of Value in Two Weeks
The Dow Jones Russia GDR Index, which tracks London-traded Russian companies, has plunged 98% in two weeks. The slump has wiped out $572 billion from the market value of 23 stocks, including Gazprom PJSC, Sberbank of Russia PJSC and Rosneft PJSC, according to Bloomberg calculations.
Wednesday’s continuing selloff triggered a wave of volatility halts. Within the first four hours of trading, dealing was briefly paused at least 15 times for lender Sberbank, state-run gas giant Gazprom and retailer Magnit PJSC. Trading in VTB Bank PJSC was suspended last week following sanctions.
The Dow Jones Russia GDR gauge, which tracks 11 of the largest Russian companies listed in London, fell as much as 81% Wednesday, taking a decline since Feb. 16 to 98%.
Depositary receipts for Sberbank have slumped 99% this week, while Gazprom fell 98% and steel producer Severstal PJSC lost almost 100%. Rosneft Oil Co. tumbled 79% and Lukoil PJSC sank 99%.
Europe is carving up Sberbank’s business in the region after sanctions sparked by President Vladimir Putin’s invasion of Ukraine prompted a run on its local deposits. Meanwhile, European energy companies are distancing themselves from Gazprom, with Shell Plc and Italy’s Eni SpA ending joint ventures.
https://finance.yahoo.com/news/londo...140725263.html
03-02-2022, 12:55 PM
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#9704
- Muscle2021
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Originally Posted By exxtracool⏩
I doubt it.No one expected india or china to abstain tbh. They both have established ties with russia. Africa is irrelevant.
The eu, us, canada, obviously foresaw this lol. They also know full well that china has a replacement for the petrodollar and swift. These things have definitely been factored in.
The eu, us, canada, obviously foresaw this lol. They also know full well that china has a replacement for the petrodollar and swift. These things have definitely been factored in.
***NEUTRAL CREW*** ™
03-02-2022, 12:55 PM
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#9705
- LukeLissen
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Originally Posted By Muscle2021⏩
141 out of 180 countries at the UN voted against Russia.India, china, 1/3 of Africa abstained aka most of the world did not condemn russia in UN resolution
Only Russia, Belarus, and 3 other shtholes voted against the resolution; and this is only starting and will get much worse for Russia as it goes on.
03-02-2022, 12:59 PM
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#9706
- BraneyGumble
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- BraneyGumble
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Originally Posted By Muscle2021⏩
...that's not how this works, boyo. It wasn't a Strawpoll vote.India, china, 1/3 of Africa abstained aka most of the world did not condemn russia in UN resolution
03-02-2022, 01:00 PM
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#9707
- EnochsProphecy
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Originally Posted By ChadShapox⏩
I think you mean the world economic forum**** russia
**** ukraine
**** nato
**** the world economic order
**** them all.
**** ukraine
**** nato
**** the world economic order
**** them all.
Reality is what you perceive it to be.
03-02-2022, 01:01 PM
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#9708
- ChadShapox
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- ChadShapox
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Originally Posted By BraneyGumble⏩
https://oilprice.com/Gazprom, Lukoil and Sberbank are now penny stocks as Russian companies collapse in London
Russian natural-gas giant Gazprom, oil-producer Lukoil and leading bank Sberbank are all penny stocks based on their trading on the London Stock Exchange, as the local market was shut for a third day.
Sberbank SBER, -78.43%, which had assets of over $500 billion at the end of 2021, was trading for 3 cents a share in afternoon action. The European Commission on Wednesday approved the resolution plan for its Croatian and Slovenian arms that will be sold. Its Austrian and Czech operations will be wound down, with depositors compensated up to €100,000.
Lukoil LKOD, -93.23%, Gazprom OGZD, -23.50%, and Rosneft Oil ROSN, -77.71% continued to collapse as the dollar-denominated secondary listings in London remained the one venue where Russia’s top companies could be valued.
https://www.marketwatch.com/story/ga...on-11646227312
Russian Stocks in London Wipe Out 98% of Value in Two Weeks
The Dow Jones Russia GDR Index, which tracks London-traded Russian companies, has plunged 98% in two weeks. The slump has wiped out $572 billion from the market value of 23 stocks, including Gazprom PJSC, Sberbank of Russia PJSC and Rosneft PJSC, according to Bloomberg calculations.
Wednesday’s continuing selloff triggered a wave of volatility halts. Within the first four hours of trading, dealing was briefly paused at least 15 times for lender Sberbank, state-run gas giant Gazprom and retailer Magnit PJSC. Trading in VTB Bank PJSC was suspended last week following sanctions.
The Dow Jones Russia GDR gauge, which tracks 11 of the largest Russian companies listed in London, fell as much as 81% Wednesday, taking a decline since Feb. 16 to 98%.
Depositary receipts for Sberbank have slumped 99% this week, while Gazprom fell 98% and steel producer Severstal PJSC lost almost 100%. Rosneft Oil Co. tumbled 79% and Lukoil PJSC sank 99%.
Europe is carving up Sberbank’s business in the region after sanctions sparked by President Vladimir Putin’s invasion of Ukraine prompted a run on its local deposits. Meanwhile, European energy companies are distancing themselves from Gazprom, with Shell Plc and Italy’s Eni SpA ending joint ventures.
https://finance.yahoo.com/news/londo...140725263.html
Russian natural-gas giant Gazprom, oil-producer Lukoil and leading bank Sberbank are all penny stocks based on their trading on the London Stock Exchange, as the local market was shut for a third day.
Sberbank SBER, -78.43%, which had assets of over $500 billion at the end of 2021, was trading for 3 cents a share in afternoon action. The European Commission on Wednesday approved the resolution plan for its Croatian and Slovenian arms that will be sold. Its Austrian and Czech operations will be wound down, with depositors compensated up to €100,000.
Lukoil LKOD, -93.23%, Gazprom OGZD, -23.50%, and Rosneft Oil ROSN, -77.71% continued to collapse as the dollar-denominated secondary listings in London remained the one venue where Russia’s top companies could be valued.
https://www.marketwatch.com/story/ga...on-11646227312
Russian Stocks in London Wipe Out 98% of Value in Two Weeks
The Dow Jones Russia GDR Index, which tracks London-traded Russian companies, has plunged 98% in two weeks. The slump has wiped out $572 billion from the market value of 23 stocks, including Gazprom PJSC, Sberbank of Russia PJSC and Rosneft PJSC, according to Bloomberg calculations.
Wednesday’s continuing selloff triggered a wave of volatility halts. Within the first four hours of trading, dealing was briefly paused at least 15 times for lender Sberbank, state-run gas giant Gazprom and retailer Magnit PJSC. Trading in VTB Bank PJSC was suspended last week following sanctions.
The Dow Jones Russia GDR gauge, which tracks 11 of the largest Russian companies listed in London, fell as much as 81% Wednesday, taking a decline since Feb. 16 to 98%.
Depositary receipts for Sberbank have slumped 99% this week, while Gazprom fell 98% and steel producer Severstal PJSC lost almost 100%. Rosneft Oil Co. tumbled 79% and Lukoil PJSC sank 99%.
Europe is carving up Sberbank’s business in the region after sanctions sparked by President Vladimir Putin’s invasion of Ukraine prompted a run on its local deposits. Meanwhile, European energy companies are distancing themselves from Gazprom, with Shell Plc and Italy’s Eni SpA ending joint ventures.
https://finance.yahoo.com/news/londo...140725263.html
03-02-2022, 01:01 PM
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#9709
- JeepBruh
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Originally Posted By BraneyGumble⏩
Russia still invading thoughGazprom, Lukoil and Sberbank are now penny stocks as Russian companies collapse in London
Russian natural-gas giant Gazprom, oil-producer Lukoil and leading bank Sberbank are all penny stocks based on their trading on the London Stock Exchange, as the local market was shut for a third day.
Sberbank SBER, -78.43%, which had assets of over $500 billion at the end of 2021, was trading for 3 cents a share in afternoon action. The European Commission on Wednesday approved the resolution plan for its Croatian and Slovenian arms that will be sold. Its Austrian and Czech operations will be wound down, with depositors compensated up to €100,000.
Lukoil LKOD, -93.23%, Gazprom OGZD, -23.50%, and Rosneft Oil ROSN, -77.71% continued to collapse as the dollar-denominated secondary listings in London remained the one venue where Russia’s top companies could be valued.
https://www.marketwatch.com/story/ga...on-11646227312
Russian Stocks in London Wipe Out 98% of Value in Two Weeks
The Dow Jones Russia GDR Index, which tracks London-traded Russian companies, has plunged 98% in two weeks. The slump has wiped out $572 billion from the market value of 23 stocks, including Gazprom PJSC, Sberbank of Russia PJSC and Rosneft PJSC, according to Bloomberg calculations.
Wednesday’s continuing selloff triggered a wave of volatility halts. Within the first four hours of trading, dealing was briefly paused at least 15 times for lender Sberbank, state-run gas giant Gazprom and retailer Magnit PJSC. Trading in VTB Bank PJSC was suspended last week following sanctions.
The Dow Jones Russia GDR gauge, which tracks 11 of the largest Russian companies listed in London, fell as much as 81% Wednesday, taking a decline since Feb. 16 to 98%.
Depositary receipts for Sberbank have slumped 99% this week, while Gazprom fell 98% and steel producer Severstal PJSC lost almost 100%. Rosneft Oil Co. tumbled 79% and Lukoil PJSC sank 99%.
Europe is carving up Sberbank’s business in the region after sanctions sparked by President Vladimir Putin’s invasion of Ukraine prompted a run on its local deposits. Meanwhile, European energy companies are distancing themselves from Gazprom, with Shell Plc and Italy’s Eni SpA ending joint ventures.
https://finance.yahoo.com/news/londo...140725263.html
Russian natural-gas giant Gazprom, oil-producer Lukoil and leading bank Sberbank are all penny stocks based on their trading on the London Stock Exchange, as the local market was shut for a third day.
Sberbank SBER, -78.43%, which had assets of over $500 billion at the end of 2021, was trading for 3 cents a share in afternoon action. The European Commission on Wednesday approved the resolution plan for its Croatian and Slovenian arms that will be sold. Its Austrian and Czech operations will be wound down, with depositors compensated up to €100,000.
Lukoil LKOD, -93.23%, Gazprom OGZD, -23.50%, and Rosneft Oil ROSN, -77.71% continued to collapse as the dollar-denominated secondary listings in London remained the one venue where Russia’s top companies could be valued.
https://www.marketwatch.com/story/ga...on-11646227312
Russian Stocks in London Wipe Out 98% of Value in Two Weeks
The Dow Jones Russia GDR Index, which tracks London-traded Russian companies, has plunged 98% in two weeks. The slump has wiped out $572 billion from the market value of 23 stocks, including Gazprom PJSC, Sberbank of Russia PJSC and Rosneft PJSC, according to Bloomberg calculations.
Wednesday’s continuing selloff triggered a wave of volatility halts. Within the first four hours of trading, dealing was briefly paused at least 15 times for lender Sberbank, state-run gas giant Gazprom and retailer Magnit PJSC. Trading in VTB Bank PJSC was suspended last week following sanctions.
The Dow Jones Russia GDR gauge, which tracks 11 of the largest Russian companies listed in London, fell as much as 81% Wednesday, taking a decline since Feb. 16 to 98%.
Depositary receipts for Sberbank have slumped 99% this week, while Gazprom fell 98% and steel producer Severstal PJSC lost almost 100%. Rosneft Oil Co. tumbled 79% and Lukoil PJSC sank 99%.
Europe is carving up Sberbank’s business in the region after sanctions sparked by President Vladimir Putin’s invasion of Ukraine prompted a run on its local deposits. Meanwhile, European energy companies are distancing themselves from Gazprom, with Shell Plc and Italy’s Eni SpA ending joint ventures.
https://finance.yahoo.com/news/londo...140725263.html
03-02-2022, 01:01 PM
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#9710
- ChadShapox
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- ChadShapox
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Originally Posted By EnochsProphecy⏩
yes this guy. this has nothing to do with war its a much bigger piece of the puzzle.I think you mean the world economic forum
03-02-2022, 01:05 PM
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#9711
03-02-2022, 01:06 PM
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#9712
- terrorgunt
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Originally Posted By ujelly⏩
Nothing. The UN is a spineless shell.So what does this vote mean ? Does anything actually come from it ?
“In addition to his other Asiatic characteristics, the Russian has no regard for human life and is an all out son of bitch, barbarian, and chronic drunk.”
-General George S. Patton
03-02-2022, 01:06 PM
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#9713
- Babayagawick85
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Originally Posted By ujelly⏩
What vote?So what does this vote mean ? Does anything actually come from it ?
03-02-2022, 01:08 PM
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#9714
- BraneyGumble
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Originally Posted By ujelly⏩
A strongly worded letter at most.So what does this vote mean ? Does anything actually come from it ?
It's more about seeing where countries stand.
03-02-2022, 01:12 PM
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#9715
- PenorBrahNoHomo
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- PenorBrahNoHomo
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Readovka map
CNN map
CNN map
03-02-2022, 01:14 PM
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#9716
- JeepBruh
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[QUOTE=PenorBrahNoHomo post_id=1657209133]Readovka map
[img]https://dailystormer.name/wp-content/uploads/2022/03/FM1Za4CXMAkh8p3.jpeg[img]
CNN map
[img]https://ix.cnn.io/dailygraphics/graphics/20220226-ukraine-control-map/static/media/ai2html-graphic-desktop.d45b639d.jpg[img][/QUOTE]I know where CNN bias is, but I don't know about readovka. I am assuming pro-russian? Are they as bad as cnn in terms of bias?
Thanks for posting BTW
[img]https://dailystormer.name/wp-content/uploads/2022/03/FM1Za4CXMAkh8p3.jpeg[img]
CNN map
[img]https://ix.cnn.io/dailygraphics/graphics/20220226-ukraine-control-map/static/media/ai2html-graphic-desktop.d45b639d.jpg[img][/QUOTE]I know where CNN bias is, but I don't know about readovka. I am assuming pro-russian? Are they as bad as cnn in terms of bias?
Thanks for posting BTW
03-02-2022, 01:16 PM
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#9717
- ChadShapox
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- ChadShapox
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Believing Russia's assault is going poorly may make us feel better but is at odds with the facts.
We cannot help Ukraine if we cannot be honest about its predicament.
We cannot help Ukraine if we cannot be honest about its predicament.
03-02-2022, 01:17 PM
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#9718
- Fozzy13
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Originally Posted By PenorBrahNoHomo⏩
Ok, so you're somehow so concerned over a ******** post threat but im sure going to ignore war crimes and crimes against humanity that putin has committed in the last few years, has threatened openly, and has done in this recent invasion?Ukraine make admission of intent to commit war crimes
https://mobile.twitter.com/JoeShikhm...88068128780289
Original fb post
https://m.********.com/usofcom/posts...dzxqW7YNarCeEE
https://mobile.twitter.com/JoeShikhm...88068128780289
Original fb post
https://m.********.com/usofcom/posts...dzxqW7YNarCeEE
Lol
Originally Posted By Gainzzz⏩
Lol at getting owned and resorting to the most basic insults.You're definitely fat irl
Literally 100%, without a doubt
Literally 100%, without a doubt
Originally Posted By Muscle2021⏩
Lol..thats not how it works.India, china, 1/3 of Africa abstained aka most of the world did not condemn russia in UN resolution
n4l
Rayaarito
fappin
r32gojirra
03-02-2022, 01:18 PM
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#9719
- chalup
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Originally Posted By mikebadg3⏩
https://en.wikipedia.org/wiki/Russo-...20of%20Ukraine.source? not CIA guy
03-02-2022, 01:21 PM
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#9720
- chalup
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- chalup
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Originally Posted By BraneyGumble⏩
BUT BUT THE SANCTIONS WILL DO NOTHING! Russia has OIL, oil will save the tens of millions of Russians living on 6000 a year! LMAO they are going to be more poor than North Korea.Gazprom, Lukoil and Sberbank are now penny stocks as Russian companies collapse in London
Russian natural-gas giant Gazprom, oil-producer Lukoil and leading bank Sberbank are all penny stocks based on their trading on the London Stock Exchange, as the local market was shut for a third day.
Sberbank SBER, -78.43%, which had assets of over $500 billion at the end of 2021, was trading for 3 cents a share in afternoon action. The European Commission on Wednesday approved the resolution plan for its Croatian and Slovenian arms that will be sold. Its Austrian and Czech operations will be wound down, with depositors compensated up to €100,000.
Lukoil LKOD, -93.23%, Gazprom OGZD, -23.50%, and Rosneft Oil ROSN, -77.71% continued to collapse as the dollar-denominated secondary listings in London remained the one venue where Russia’s top companies could be valued.
https://www.marketwatch.com/story/ga...on-11646227312
Russian Stocks in London Wipe Out 98% of Value in Two Weeks
The Dow Jones Russia GDR Index, which tracks London-traded Russian companies, has plunged 98% in two weeks. The slump has wiped out $572 billion from the market value of 23 stocks, including Gazprom PJSC, Sberbank of Russia PJSC and Rosneft PJSC, according to Bloomberg calculations.
Wednesday’s continuing selloff triggered a wave of volatility halts. Within the first four hours of trading, dealing was briefly paused at least 15 times for lender Sberbank, state-run gas giant Gazprom and retailer Magnit PJSC. Trading in VTB Bank PJSC was suspended last week following sanctions.
The Dow Jones Russia GDR gauge, which tracks 11 of the largest Russian companies listed in London, fell as much as 81% Wednesday, taking a decline since Feb. 16 to 98%.
Depositary receipts for Sberbank have slumped 99% this week, while Gazprom fell 98% and steel producer Severstal PJSC lost almost 100%. Rosneft Oil Co. tumbled 79% and Lukoil PJSC sank 99%.
Europe is carving up Sberbank’s business in the region after sanctions sparked by President Vladimir Putin’s invasion of Ukraine prompted a run on its local deposits. Meanwhile, European energy companies are distancing themselves from Gazprom, with Shell Plc and Italy’s Eni SpA ending joint ventures.
https://finance.yahoo.com/news/londo...140725263.html
Russian natural-gas giant Gazprom, oil-producer Lukoil and leading bank Sberbank are all penny stocks based on their trading on the London Stock Exchange, as the local market was shut for a third day.
Sberbank SBER, -78.43%, which had assets of over $500 billion at the end of 2021, was trading for 3 cents a share in afternoon action. The European Commission on Wednesday approved the resolution plan for its Croatian and Slovenian arms that will be sold. Its Austrian and Czech operations will be wound down, with depositors compensated up to €100,000.
Lukoil LKOD, -93.23%, Gazprom OGZD, -23.50%, and Rosneft Oil ROSN, -77.71% continued to collapse as the dollar-denominated secondary listings in London remained the one venue where Russia’s top companies could be valued.
https://www.marketwatch.com/story/ga...on-11646227312
Russian Stocks in London Wipe Out 98% of Value in Two Weeks
The Dow Jones Russia GDR Index, which tracks London-traded Russian companies, has plunged 98% in two weeks. The slump has wiped out $572 billion from the market value of 23 stocks, including Gazprom PJSC, Sberbank of Russia PJSC and Rosneft PJSC, according to Bloomberg calculations.
Wednesday’s continuing selloff triggered a wave of volatility halts. Within the first four hours of trading, dealing was briefly paused at least 15 times for lender Sberbank, state-run gas giant Gazprom and retailer Magnit PJSC. Trading in VTB Bank PJSC was suspended last week following sanctions.
The Dow Jones Russia GDR gauge, which tracks 11 of the largest Russian companies listed in London, fell as much as 81% Wednesday, taking a decline since Feb. 16 to 98%.
Depositary receipts for Sberbank have slumped 99% this week, while Gazprom fell 98% and steel producer Severstal PJSC lost almost 100%. Rosneft Oil Co. tumbled 79% and Lukoil PJSC sank 99%.
Europe is carving up Sberbank’s business in the region after sanctions sparked by President Vladimir Putin’s invasion of Ukraine prompted a run on its local deposits. Meanwhile, European energy companies are distancing themselves from Gazprom, with Shell Plc and Italy’s Eni SpA ending joint ventures.
https://finance.yahoo.com/news/londo...140725263.html
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