The full first draft of the new Sanctions bill against Hezbollah
Apr21

The full first draft of the new Sanctions bill against Hezbollah

Russia-now.com hereby publishes the first draft of the new Hizballah International Financing Prevention Act, that has been submitted to the US congress in March...

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Ukrainian Energy Ministry proposes banning import of Russian coal
Apr20

Ukrainian Energy Ministry proposes banning import of Russian coal

The Ministry of Energy and Coal Industry of Ukraine submitted documents on banning imports of coal from Russia to the country’s government, according to the Minister Igor Nasalik. “The Ministry has submitted documents on prohibiting imports of coal from Russia to the government,” he said. Nasalik also noted that Ukraine expects to conclude a contract for the supply of coal from an anthracite group from the United States....

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RDIF and co-investors to announce plans on acquisition of 25% in Pulkovo Airport from VTB
Apr20

RDIF and co-investors to announce plans on acquisition of 25% in Pulkovo Airport from VTB

The Russian Direct Investment Fund (RDIF) and its co-investors are to announce their plans on acquisition of a 25% stake in St. Petersburg’s Pulkovo Airport from VTB on Thursday, a source close to the participants of the deal told TASS. The consortium of co-investors includes foundations from Middle East, Asia and also Baring Vostok, the source said. “The deal is subject for approval by the regulators including the Federal...

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Saudi Arabia to shelve infrastructure projects costing billions as cheap oil bites
Apr18

Saudi Arabia to shelve infrastructure projects costing billions as cheap oil bites

The oil-rich kingdom of Saudi Arabia has been forced to cancel or restructure economic and infrastructure projects worth billions of dollars, according to a Reuters report, which refers to sources in the government. The Saudi government has ordered ministries and organizations to review the projects to either scrap or make them more efficient. Most of the projects go back to the era of lavish government spending buoyed by crude oil...

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Google Russia agrees to pay $8mn antitrust fine
Apr18

Google Russia agrees to pay $8mn antitrust fine

US technology firm Google has agreed to pay 438 million rubles (nearly $8 million) in fines for antitrust violations in the Russian mobile applications market. The company was found guilty of abusing its dominant position in the market for mobile devices running on Android. The complainant party was Russian tech company Yandex, which accused Google of forcing smartphone makers to pre-install Google Play software on their devices....

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