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
Russian Foreign Ministry spokeswoman Maria Zakharova earlier said that the treaty provides for various forms of bilateral cooperation.
The comprehensive strategic partnership agreement between Russia and Iran has entered into force, Iranian Ambassador to Russia Kazem Jalali told Sputnik.
"It is already binding," Jalali said when asked about the date of entry into force of the agreement, as well as whether Iran had notified Russia of the completion of internal procedures.
He recalled that the treaty was ratified by both chambers of the Russian parliament, and Russian President Vladimir Putin signed it. At the same time, the document was ratified by the Iranian parliament, approved by the Guardian Council, and the president issued it as a law.
"Therefore, in both countries it currently has the form of a law and, naturally, has entered into force," Jalali said.
On January 17, Putin and his Iranian counterpart, Masoud Pezeshkian, met in Moscow to sign the Comprehensive Strategic ...
Defying the United States threats, ministers from more than 30 nations have packed Bogotá’s San Carlos Palace to charge the Israeli regime with genocide over its October 2023-present brutal military assault against the Gaza Strip.
The dramatic display of international solidarity saw dozens of high-ranking officials from across the globe convene inside the stately palace on Tuesday, determined to hold the regime accountable for, what they unequivocally called, a “war of genocide.”
The two-day emergency summit, organized under the auspices of The Hague Group -- a coalition co-chaired by Colombia and South Africa -- had representatives, ranging from such countries as Algeria and Brazil to Pakistan and Spain, in attendance.
The participants described the drive as a coordinated effort to stop the Israeli atrocities.
Behind closed doors, ministers and envoys, meanwhile, engaged in intensive sessions aimed at drafting collective measures to pressure the regime -- steps expected to be unveiled by ...
