Replies to post #25393 on The Rising Influence of Rising Affluence

[DewDiligence]

WSJ stating the obvious about BP’s Rosneft divestiture:

https://www.wsj.com/articles/bps-sudden-russia-exit-exposes-risks-for-western-companies-in-ukraine-crisis-11646070000

The British oil firm will face challenges to getting full value for the Rosneft stake that it plans to divest…

[DewDiligence]

BP takes $25.5B write-off from exiting Russia:

https://www.wsj.com/articles/bp-to-take-25-5-billion-hit-from-russia-exit-11651559671

This is the biggest Russia-related write-off been taken by any company; it includes the entire value of BP’s equity in ROSN.