Crimea set for $20 million windfall from sale of Ukrainian oligarchs’ property

Regional authorities have nationalized the assets of some 100 legal entities and individuals Crimea will receive almost 2 billion rubles ($23.8 million) from the sale of property that was nationalized after the region split from Ukraine and reunified with Russia, according to the head of the Crimean Parliament, Vladimir Konstantinov.

518
Like
Save
EU nation temporarily waives anti-Russia sanctions

Bulgaria will exempt fuel supplies from the embargo, in view of the country’s economic plight Energy-starved Bulgaria will temporarily cease to enforce EU sanctions on Russian fuel, to ensure the work of government institutions, the state press service reported on Wednesday following a Cabinet meeting.

518
Like
Save
Russian energy paid for in yuan is heading to China – reports

Russian coal and oil paid for in yuan is about to start flowing into China, Bloomberg reported on Thursday. According to the media outlet, citing Chinese consultancy Fenwei Energy Information Service, several Chinese firms used local currency to buy Russian coal in March, and the first cargoes will arrive this month.

518
Like
Save