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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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Pepe Escobar: Empire of Chaos, Reloaded

All warfare is based on deception. Hence, when able to attack, we must seem unable; when using our forces, we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near. Sun Tzu, The Art of War

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In the absence of long-term strategic vision, and amidst the progressive imperial expulsion from Eurasia, all that’s left for the Hegemon is to unleash chaos from West Asia to Europe and parts of Latin America – a concerted attempt to Divide and Rule BRICS and thwart their collective drive affirming sovereignty and the primacy of national ...

NATO Troops May Be Ill-Prepared for Any Sort of Arctic War Against Russia

While NATO may be yearning to take on Russia in the Arctic, many of its troops lack the necessary expertise for survival in such extreme conditions.

Although NATO forces regularly participate in drills in the region, many remain unprepared for the harsh realities of Arctic life.

Though NATO forces routinely participate in the bloc’s drills in the region, many of them are still not prepared to survive in the Arctic’s harsh conditions, The Sun reports citing Minna Alander, a researcher at the Finnish Institute of International Affairs.

"Not all NATO allies have the capabilities that are needed and that work in the Arctic environment and climate,” Alander said.....more below

https://sputnikglobe.com/20250108/nato-troops-may-be-ill-prepared-for-any-sort-of-arctic-war-against-russia-1121386777.html

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