Dewey Fernfield
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
Russians are using more Russian debit cards now! TASS reports: Share of Russians using debit cards growing — researchWithdrawal of Visa and MasterCard international payment systems has not affected plans of new debit cards issue, Russia’s Home Credit Bank said in its research MOSCOW, March 25. /TASS/. The share of Russians using debit cards gained 6 percentage points over the fortnight to 65%, Home Credit Bank said in its research. “The share of individuals using debit cards continues growing: 65% against 61% a week earlier and 59% – two weeks earlier. Withdrawal of Visa and MasterCard international payment systems has… Read more »
The Russian-Indian economic exchange works well! – TASS reports: Settlement channel rubles-rupees is working — Russia’s trade mission in India – Evgeny Ostapkevich noted that Russian oil companies had a good chance of increasing the volume of deliveries to the Indian market MOSCOW, March 24. /TASS/. The channel for settlements in the national currencies of Russia and India exists and works, according to head of the operational department of the Russian trade mission in India Evgeny Ostapkevich. “I can say that the rubles-rupees channel really works. Colleagues from Sberbank’s branch in India confirmed it to me,” he said. He also… Read more »
THE WALL STREET JOURNAL: Europe’s economy slows, costs soaring – Many European countries rely heavily on Russia for energy supplies, including oil and natural gas that is transported through pipelines – Economists expect the war in Ukraine to take a heavier toll on growth as higher energy costs push consumer prices up. The United Nations Conference on Trade and Development Thursday lowered its forecasts for economic growth this year, in response to the invasion. It now expects the global economy to grow by 2.6%, having previously expected to see an expansion of 3.6%. Much of the slowdown will occur in… Read more »
ATN: news from Belarus and the world
The unprecedented pressure from the West is already having a positive effect on the internal cooperation between Russia and Belarus. Agreements were reached, which in calm times caused heated discussions within the Union State. All countries of the Eurasian Economic Union are involved in the mobilization of internal reserves and the development of their own potential.
THE NEW YORK TIMES: One of Europe’s Largest Retailers, Still in Russia – Leroy Merlin shut its six stores in Ukraine after the war started. But in Russia, the company operates 112 stores, and has given no public signs that it plans to leave. Just the opposite: It is working to expand its Russian inventory to adjust to sanctions and the departure of rival Western chains, according to an internal message provided by employees. The Adeo Group is among a number of companies making a decision to stay. Adeo is controlled by the Association Familiale Mulliez, a holding company and… Read more »
The Association Familiale Mulliez (AFM) is the holding company of the Mulliez family.
The entrepreneur family originates from around the Lille area of France, and is one of the wealthiest families in all of the country.
AFM was founded in 1955 by Gérard Mulliez and has been led by Barthélemy Guislain, since 2014.
The Roman Catholic family clan’s motto is “Tous dans tout” – “All (family members) in all (businesses)”.