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Viewsroom

Nickel gets nixed, French firms linger in Russia

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 17 March 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

The war in Ukraine is affecting far corners of global finance. In the Viewsroom podcast, Breakingviews columnists explain how the conflict helped bring nickel trading to a halt in London. And why oil giant Total and carmaker Renault are resisting the exodus by Western companies. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Where do you find a clear signal in a world of static?

0:03.2

In a time of rapid change cut through the noise,

0:06.2

the economist goes beyond the headlines to decode the forces shaping today and defining tomorrow.

0:12.7

Get the full story.

0:14.1

It's more than news.

0:15.4

It's a trusted global perspective.

0:17.2

The economist know which way is up.

0:20.7

The views expressed on this podcast are those of the participants, not of Roiders'

0:26.2

news. As the war in Ukraine continues to royal financial markets and companies, tune in as

0:32.1

our columnists discuss the rations in the nickel market and the dilemmas facing French

0:37.0

companies in Russia.

0:39.9

This Breaking Views podcast is sponsored by Refnative, a London stock exchange business.

0:48.9

Welcome back to the views room. I'm Peter Thalarsen, coming to you once again from London's

0:53.9

Canary Wharf.

0:55.4

The war in Ukraine is continuing to royal financial markets and up-end corporate strategies

1:00.1

around the world. This week, we're zooming in on two very interesting situations. The upheaval

1:06.9

in the trading of nickel, a key component for electric vehicle batteries, and the

1:12.7

decisions French oil giant Totoel and carmaker Renault will have to make about their investments

1:18.7

in Russia.

1:21.1

First, I talked to Breaking View's columnist George Hay in London and Yawan Chen in Hong Kong about

1:26.2

nickel. It's just over a week since the London Metal Exchange suspended trading in the metal after its

1:33.3

price doubled from $50,000 a ton to $100,000 a ton in one morning.

...

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