The company is cutting exposure to russia. We do not see any reason to write it down but we are reducing our russian activities in the retail space substantially. Central bankers under fire. Janet yellen and mario draghi on the defense as lawmakers on both sides of the pond demand answers over recent actions. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Welcome to the show. We had german jobless data about three minutes ago. It stayed at a record low in february. The adjusted rate of 6. 5 has come in at the same level it was in january. The unadusted rate down fractionally from 7 to 6. 9 and the jobless number was 3. 017 million. No significant improvement from the already impressive level it was at. The euro not moving too much off the back of that. Lets take a look at stocks on the move. Standard chartered trading higher this morning after the bank announced it is replacing its ceo with ex jp morgan executive. Shares are down around 20 since pe