The White House Calls It a Potemkin Market Reopening

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Russia's stock exchange partially reopened after trading was suspended for three weeks. The white house called the move a charade and a potemkin market reopening. i guess this is a bit of a move on the russian side to give the impression that, ou know, we're back in business. But it wasn't really a normal market session. Put it that way, i went it made it so admirable. I haven't seen this happen before. What we've seen is a lot of western unity. We have to include japan as well when it comes to the g seven. And i think president byden and the e u, and japan and canada,

The US is finalising a plan to supply the EU with up to 15bn additional cubic metres of liquefied natural gas by the end of 2022, Russian shares rose as the Moscow exchange partially reopened, hedge funds search for bargains in Russian and Ukrainian bonds, and Toshiba shareholders vote down management’s plan to split the famous industrial conglomerate in two.

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Mentioned in this podcast:

US to boost supplies of liquefied natural gas to EU

Russian shares rise as Moscow stock market reopens

Hedge funds search for bargains in Russian and Ukrainian bonds

Toshiba shareholders reject management plan to split the company

War in Ukraine: free to read

Twitterspaces discussion: A look inside Putin’s inner circles

The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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