Portugal has amended the law under which Russian businessman Roman Abramovich received the country’s citizenship, Foreign Minister Augusto Santos Silva said, according to Reuters.
According to the changes, “the requirement is introduced that [applicants have] a close connection with Portugal [contributing to the development of the country],” the diplomat explained. Silva called the amendments «a mechanism [to prevent] the manipulation of the law.»
The law is not retroactive. As a result of the changes, Abramovich will not be deprived of Portuguese citizenship.
As the minister said, the country will join the EU sanctions against the Russian billionaire, but will not be able to ban him from entering, since he will remain its citizen
<<< March 17, 2022 Feed >>>
The US Federal Reserve raised the base rate by 0.25 percentage points — up to 0.25-0.5%.
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Inflation in Russia from March 5 to March 11 accelerated to 12.54% in annual terms against 10.42% a week earlier, according to the Ministry of Economic Development
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Sotheby’s and Christie’s will refuse to conduct auctions of Russian art in June. This information, which had previously appeared in the media, was confirmed in both auction houses.
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The Swiss national ice hockey team will replace the Russian team at the stages of the Eurotour for two years.
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Canadian authorities banned the broadcasting of Russian TV channels RT and RT France in the country
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The Moroccan national air carrier Royal Air Maroc cancels all flights to Russia, the Association of Tour Operators of Russia reported. The dates for which flights are canceled are not specified.
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Two Aeroflot planes delivered to Moscow a group of Russian tourists stranded in Sharm el-Sheikh and Hurghada.
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The US authorities will transfer 30 million barrels of oil released from its strategic reserve to seven US companies, the US Department of Energy said.
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Automaker Toyota Motor suspended the work of two of its plants in Japan due to an earthquake that occurred in the northeast of the country, Kyodo reported, citing sources.
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The Supervisory Board of X5 Retail Group (Pyaterochka, Perekrestok and Chizhik retail chains) decided to change the management structure and create the position of the company’s president — the head of the holding. The company announced this on its website.
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A square meter of new housing on average across the Crimean peninsula since March 2021 has risen in price by 61%, secondary housing — by 16%. Such conclusions were made by analysts of the federal portal «WORLD OF APARTMENTS», comparing prices with last year. Luxury real estate was not considered in the analysis.
American processor manufacturer Qualcomm stopped selling its products to Russian companies. Nate Tibbits, senior vice president for government relations at the company, announced this on Twitter.
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Two structures of the Church of England, which are shareholders of TotalEnergies, asked the head of the company to make a decision as soon as possible to withdraw from all Russian projects. Otherwise, they will withdraw from the number of shareholders of the company.
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Pharmaceutical companies Merck and Novartis have suspended investments in Russia. A similar decision was previously reported by Eli Lilly, Bayer and Pfizer. Merck and Novartis will continue to supply medicines to Russia
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The architect Lanfranco Cirillo was raided at his four villas in Italy. He is accused of tax evasion. A helicopter was seized for 2 million euros, paintings by Picasso, Cezanne, Kandinsky, Chagall and others.
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Spanish authorities have seized a Crescent yacht believed to be owned by Igor Sechin, head of Rosneft, a local police source told Reuters.
With a length of 135 meters and a cost of 600 million dollars, the yacht is one of the longest vessels in the world of this class (they are also called «superyachts»).
According to Reuters, the Crescent sails under the flag of the Cayman Islands. The vessel arrived in Spain from Italy in November 2021, according to monitoring site Marine Traffic.
Earlier it was reported that another yacht attributed to Igor Sechin, Amore Vero, was arrested in France. Its cost is about 100 million dollars.
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On the evening of March 16, the Italian Financial Guard announced the freezing of the assets of six companies operating on the territory of their state. According to the press service of the Italian financial guard, the frozen assets belonged to Russian businessman Alisher Usmanov.
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Those who left Russia and received the citizenship of an unfriendly country (those who accepted sanctions) will be deprived of the opportunity to sell real estate in Russia without the permission of a special commission. Since March 15, such a decision has been adopted by the government. The contract of sale must contain a clause that the seller does not have the citizenship of an unfriendly country.
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Russian and Belarusian athletes are forbidden to compete at the European Summer Sports Championships in Munich, the press service of the competition reports.
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The Montenegrin government has approved a package of EU measures that covers 696 Russian citizens and their property abroad, as well as Russian banks and companies, Vijesti reports.
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Scientists have come to the conclusion that prehistoric drawings were made by children. They studied a series of drawings discovered in Spain depicting the contours of the palms. It turned out that approximately 25% were inflicted by children 2-17 years old. There are still disputes as to why they were engaged in such wall art: for entertainment or there was some sacred meaning.
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The Japanese company Renesas Electronics, which accounts for 17% of the global chip market, decided to suspend the work of three of its factories in Japan due to a powerful earthquake that occurred in the northeast of the country on the night of March 17.
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Russia has resumed rough diamond exports to India after a short break. According to The Economic Times, traders are now making payments in euros through German banks.
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The German manufacturer of components for trucks SAF-holland announced the suspension of investments in Russia, Bloomberg reported.
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The Volga-Dnepr cargo air group has reduced the number of flights: only one of its five airlines made two flights this week. Previously, the group operated several dozen flights a day.
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The Russian government has suspended the Northern Latitudinal Railway project on Yamal, Kommersant writes, citing the minutes of a meeting with Deputy Prime Minister Marat Khusnullin.
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Kazbek Taysaev, deputy chairman of the State Duma Committee on CIS Affairs, a member of the Communist Party of the Russian Federation, said that Russia should lift sanctions on North Korea and choose the path of integration with this country. According to Taysaev, this will «contribute to the development of common projects», and Russia and North Korea will be able to «jointly carry out global tasks»:
“The DPRK is a beacon of true socialism for the whole world. The Koreans managed to preserve socialism in their country, which, unfortunately, few of the states of the socialist community managed to do.”
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Rutube has launched a program to support bloggers who have lost their earnings on YouTube due to sanctions. Video hosting plans to give users 100% of the money from ad views, but only the first 40 days after registration.
All channels, both business and bloggers, will be able to participate in the action. To monetize content, you need to reach the threshold of 5,000 views, however, the pre-moderation time will be increased, primarily due to fake laws. It was decided to switch to manual moderation in order to avoid provocations, stuffing and negativity.
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The US has created an international group to search for and seize the assets of the Russian elite in the West. It included representatives from Australia, Great Britain, Canada, Japan, Germany, France, Italy and the European Commission.
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Billionaire Mikhail Fridman said that his bank card and accounts were blocked, which is why he cannot even pay for cleaning, much less find a new home to leave London. Friedman’s expenses could be capped at around £2,500 (about $3,300) a month. Bankster admits he feels ‘captured’
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Israel and Egypt have reached an agreement on the opening of a new air route that will connect Tel Aviv Ben Gurion Airport with the resort town of Sharm el-Sheikh located in the south of the Sinai Peninsula.
The key problem was to ensure the safety of the route. It was resolved during the negotiations of the security services. As expected, flights on the new line will begin in April, on the days of Pesach.
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Scientists from Columbia University have found that in places of active lithium mining, the animal world is dying out, since it takes 400,000 liters of water to produce one ton of lithium, which changes local ecosystems beyond recognition. As a result, the metal for batteries, which should save the environment, causes huge damage to the same environment.
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Canada and the United States have publicly released notice of their joint planned military exercise Noble Defender in the Arctic. The North American Aerospace Defense Command said on Tuesday it will conduct air defense exercises across the Canadian Arctic, adding that the exercise is primarily conducted to assess the ability to «respond to both aircraft and cruise missiles» threatening the continent.
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In February, Metrium analysts recorded a record-breaking activity of homebuyers in the capital for this month, based on the latest data from the Moscow Rosreestr. The number of transactions in the market of new buildings grew by 49%, and mortgages — by 30%, breaking the historical records of February. In the secondary market, the number of registered agreements almost equaled the previous peak in February 2014
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The American corporation Xerox Holdings, engaged in the production of copiers, has suspended the export of its goods to Russia, the MarketWatch portal reported, citing the company’s chief financial officer, Xavier Heiss.
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The Russian Finance Ministry has paid coupons on Eurobonds maturing in 2023 and 2043, the ministry said. The payment order for $117.2 million sent to a foreign correspondent bank on March 14 has been executed.
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Long-term permits issued by the US Department of Energy to increase exports of liquefied natural gas from terminals in the south of the country will increase LNG supplies by 20.4 million cubic meters per day, writes DW.
The decision allows major supplier Cheniere Energy to export gas from its Sabine Pass, Louisiana and Corpus Christi terminals to countries that do not have free trade agreements with the US, including all of Europe.
Prior to this, the terminals could send gas only to Canada, Mexico, Australia, a number of countries in Asia, the Middle East, Central and South America.
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The Federal Tax Service of Russia (FTS) has decided not to temporarily fine stores for not issuing a cash receipt. Such a measure was taken in connection with the shortage of cash tape, the government reported. In the near future, stores should switch to electronic checks.
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The Russian brand Caviar has created another exclusive collection of Apple gadgets: an iPad Pro for 8.2 million rubles with an embedded note by Grigory Rasputin, which says «I know that you are proud as Tsar Herod, you entered as a fox and you want to leave as a wolf Rosputin.» The body of the gadget is made of impact-resistant titanium with a black PVD coating.
There is also a smartphone iPhone 13 Autograph Napoleon for 6,770,000 rubles with the authentic signature of Napoleon Bonaparte. The device is made of jewelry alloy with double gold plating Double Electroplated (24 carats).
Models iPhone 13 Autograph Elon Musk and iPhone 13 Autograph Jobs for 2,420,000 rubles are decorated with an autograph of Elon Musk and Steve Jobs, respectively. And the iPhone 13 Autograph Michael Jackson, signed by King of Pop Michael Jackson. The price is from 2,220,000 rubles.
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From May 1, the Central Bank will increase the maximum size of one transaction in the Fast Payment System (FPS) from the current 600 thousand to 1 million rubles.
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Russia at midnight on March 18 will remove all restrictions on crossing the border with Belarus. It will be possible to enter there both by bus and by private car, said Mikhail Mishustin
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In order to support Taiwanese compatriots, especially the underclass and youth, in finding jobs and starting businesses in the mainland, the PRC has greatly expanded market access for Taiwanese residents, who can now register sole proprietorships in 122 business sectors. As of the end of 2021, there were 359 self-employed Taiwanese farmers and 9,926 self-employed Taiwanese registered in the mainland.
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Flo leaves Belarus. The employees of the Minsk office of developers were offered relocation.
Flo is the world famous women’s health mobile app. In autumn, this company with Belarusian roots was valued at $800 million.
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Dozhd journalist Anna Mongait reported on the deportation of a TV channel employee and 8 other Russians from Kazakhstan:
“Our colleague, the office manager of Dozhd, was expelled from Kazakhstan along with eight other Russians who lived with her in the same hotel. Considered «undesirable». Deported to Russia.»
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