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Lenders turned down TMT Metals in 2021, rates 'made no commercial sense'

Lenders turned down TMT Metals in 2021, rates 'made no commercial sense'
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Investors pressure metals, mining companies with ties to Russia | Hellenic Shipping News Worldwide

Investors selling off Russia-focused metals and mining entities following the country’s invasion of Ukraine have sharply lowered valuations, while companies with fewer direct ties to Russia have started evaluating their own investments. Companies have been left to make their own decisions on Russian investments. Global governments, while willing to restrict Russia’s financial operations, have avoided . ....

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Traders face "daunting task" as west restricts Russian oil and gas imports

The US, European Union and UK are seeking to halt imports of Russian oil and gas, with financiers and traders urged to seek out new sourcing markets while upping support for renewables.  US President Joe Biden has announced a total ban on oil, liquified natural gas (LNG) and coal imports from Russia, while the European . ....

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Major banks and traders react as Russian sanctions mount | Global Trade Review (GTR)

Banks across the world are reviewing all trade and commodities transactions involving Russia as the nation’s economy becomes a “massive moving target” in the crosshairs of sanctions enforcers in the US, Asia and Europe. Governments, including those of the US, UK, EU, Japan, Singapore, South Korea and Australia, have now imposed, or vowed to impose, . ....

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