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Ukraine’s richest man to lose assets in Russia

The Kremlin has approved the sale of Rinat Akhmetov’s former coal properties
Ukraine’s richest man to lose assets in Russia

A Russian conglomerate will be allowed to buy out the coal-mining companies previously owned by Ukrainian oligarch Rinat Akhmetov, the Kremlin confirmed on Thursday. President Vladimir Putin approved the sale in line with the standing anti-sanctions measures.

The joint stock company ‘Best Solution’ will acquire 100% of the shares of Don Anthracite and Obukhovsky Mine Management, located in the Rostov Region, from the Cyprus-based Fabcell Limited.

Putin signed off on the sale under his August 2022 decree on “applying special economic measures in the financial, fuel and energy sectors in connection with the unfriendly actions of certain foreign states and international organizations.”

Akhmetov’s energy holding company DTEK originally bought the two enterprises in 2012, for $39 million. By 2021, however, DTEK announced that it would be selling them to pay off the debts it owed Sberbank. According to the Russian outlet Kommersant, Don Anthracite and Obukhovsky Mine Management were sold in August 2021 to the Cyprus-based Valleyton Investments for $230 million, while their outstanding debt was estimated at almost $447 million......more below

https://www.rt.com/russia/591297-akhmetov-coal-putin-sale/

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https://www.presstv.ir/default/Embeded/761400

At a northeastern suburb in the capital city Caracas, locals can still purchase most of the commonly used medicines at a major supermarket, where some antibiotics have been sold out, and some first-aid medicines and supplies have become too costly for ordinary residents.

"I'm here mainly to buy antibiotics. I have problems with my lungs. But I can't get all I want, such as vancomycin," said a resident named Alfonso.

"Recent tensions have affected the supplies and prices of drugs. The prices of cancer drugs, insulin drugs and albumin are very high, and most patients here cannot afford them," said Giovanna Gonzalez a ...

Putin: Russia will use force to achieve goals if Ukraine stalls peace negotiations

Russian President Vladimir Putin says Moscow is prepared to use military force to achieve the goals of its special military operation if Ukraine continues to delay peace talks.

During an inspection of a Russian armed forces command post on Saturday, Putin stressed that Moscow will not allow Kiev’s obstruction to prevent progress.

“If the Kiev authorities do not want to resolve the matter peacefully, we will accomplish all the tasks before us in the course of the special military operation by military means,” he said.

The Russian leader noted that the Ukrainian authorities are not moving toward a peaceful resolution, adding, “We see that even today, unfortunately, the leaders of the Kiev regime are in no hurry to resolve this conflict peacefully. I spoke about this a year ago in a speech at the Ministry of Foreign Affairs.”

Putin also received reports from Chief of General Staff Valery Gerasimov and commanders of Russia’s “Centre” and “East” military groups.

Meanwhile, ...

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