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The US Treasury Department gives investors another month to liquidate assets in sanctioned Russian companies
The US Treasury Department extended the period during which US investors should get rid of shares of Russian companies En+, Rusal and GAZ Group, which are under Washington's sanctions. Investors had until May 7 to do this but the deadline was extended to June 6. They should also wind down contracts with companies on the sanctions list.
On May 1, a new document extended permission to get rid of holdings in AgroHolding Kuban, Basic Element Limited, B-Finance Ltd., JSC EuroSibEnergo, Gazprom …
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Macron and Putin discuss Iran nuclear program
French President Emmanuel Macron and Russian President Vladimir Putin discussed Iran’s nuclear program during a recently-held telephone conversation, as reported by the French President’s Press Office reported on this development.
“The Presidents expressed their common desire to preserve the achievement of the 2015 agreement on Iran's nuclear energy,” said the statement.
Macron also stressed that discussions regarding control of Iranian nuclear activity after 2025, Iran’s missile program, and …
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London Stock Exchange to suspend the trading of En+ securities due to US sanctions against Deripaska
On May 2, the London Stock Exchange (LSE) will halt trades in the global depositary receipts (GDR) of En+ Group, which is owned by Russian businessman Oleg Deripaska. LSE will continue to monitor the situation, the press release says.
On April 6, Deripaska was placed on the US sanctions list, together with his main assets: Kuban agricultural holding, Basic Element Group, which was registered in the Virgin Islands by B-Finance Ltd, EN+ Group Plc., GAZ group (car manufacturing), JSC …
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Ukraine demands through UN that Russia immediately release journalist Sushchenko
At a UN Committee session on Tuesday, the First Secretary of the Permanent Mission of Ukraine to the UN, Oleh Nikolenko, demanded that Russia immediately release journalist Roman Sushchenko. The Ukrainian representative urged Russia to stop persecuting representatives of media and activists in annexed Crimea, and to put an end to State propaganda and the incitement of hatred, a correspondent of Ukrinform reported.
“Persecution of Ukrainian journalists is a tactic of war which Russia applies …
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Ukrainian human rights activist: Report of Russian ombudsman on Crimea is biased
Tetyana Pechonchyk, Chair of the Board of the Ukrainian Center for Information on Human Rights, stated on Radio Krym.Realii that Lyudmila Lubina, the Russian Human Rights Commissioner in Crimea, was “biased” in her 2017 report.
“Of course, we cannot expect an objective evaluation from Ms. Lubina,” Pechonchyk stated. “Moreover, for four years Russia has done everything to prevent any international missions to be conducted in the Crimea, which could provide an objective evaluation. At the same …