the executives of engie and totale are warning it could cause energy shortages charlotte has more on the story. charlotte, last week had focus on the german response for the potential for the cut off of russian gas into germany how is this in comparison? >> reporter: this is different scenario because of how the make of the french energy comes from. that is why the call from the i french ceo is hainteresting abo the stark warning of the price is threatening the political and social couhesion they need a collective effort you need concrete gesture. very different from what we heard from the energy minister j there is no shortage for this winter we heard a slight change of tone saying they are looking at energy and welcoming the call from the ceos of total energy and engie. they were meeting with the ceo of total energy and asking him to extend or increase the price of reduction at the pump which had been put in place. we saw from the french government with the electricity price cap since last year. it will be extended until the end of the year. remember it is state owned energy prices

from the slaughterhouse, well, they existed on the collected donations 10 years ago, when mitya, engi's nephew, received a head injury, they helped him recover the horse. well, of course, they gradually began to take children and inga, of course, took the minimum fee for such sessions. i think it's called hypotherapy. yes, commercially . it's not even fluff. complete zero. naturally, therefore, inga began to take other people's horses. on wait hosts, which does not have their own stables. yes, now she has three such deliveries, and they also suffered. no, two out of three were injured, one horse was taken away for night shooting. 3 years ago inga took out a loan to buy a stud stallion and a young a roan filly and an asterisk, that is, the calculation was for breeding and income from participation in the races. and that something did not grow together the first place for almaz from this inga's problems with repaying the loan, and the next jumps should take place in a week, a guarantee that the roan will win no loan with nothing to pay. insurance. it would be very, by the way, think fraud

you will have strength in edf and engie. a pull back in utilities brian. >> they are talking of rationing gas in the winter in parts of europe i saw an energy official in germany this weekend saying gas prices and heating bills could triple for germans this we know af winter julianna tatelbaum, thank you. >>> also, another developing story this morning this is big for the history books. russia defaulting on the foreign currency debt for the first time since 1918 pippa stevens is here with that. >> good morning, brian this is big. russia defaulting on the foreign sovereign debt for the first time in a century. this is seen as western sanctions that halted the moscow ability to pay overseas creditors. the country has been able to skirt some sanctions, but yesterday marked the end of the 30-day grace period on $100 million of interest payments that were originally due may 27th a formal declaration would come from ratings agency. they dropped all russian assets and debt they are seeing this as a symbolic event for the russian ec