MOSCOW (Reuters) - Russia's largest lender Sberbank expects its profit this year to return close to levels before the Ukraine crisis, CEO German Gref said on Thursday after reporting a 78.3% slump last year owing to sweeping Western sanctions.
Sberbank made a 270.5 billion rouble profit last year, down from a record 1.25 trillion roubles in 2021.
(Reporting by Elena Fabrichnaya; Writing by Alexander Marrow; Editing by David Goodman)
Police have issued a warning to passengers planning to park at Gatwick airport.
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The arrival of the US M1A1 Abrams tanks in Ukraine was hailed as a turning point in the war. Coming in at roughly $10 million a unit, the Nato stalwart was supposed to provide the armoured fist that would punch through the Russian lines. But tactics evolve quickly in warfare, and Russia’s use of surveillance and hunter-killer drones has led to heavy casualties for Ukraine’s tank fleets. This is alarming for NATO. If Russia has found critical vulnerabilities in our armour, our borders are beginni
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