Russia’s crude oil exports from its western ports are expected to decline by 8% in February compared to January’s plan, as Moscow ramps up oil refining. Reuters’ calculations indicate that exports dropped by 8% following recent US sanctions.
Russian billionaire Roman Abramovich owes up to 1 billion pounds ($1.2 billion) to the U.K. after attempting to evade taxes on hedge funds investments in a scheme involving Chelsea Football Club, according to a joint investigation by the BBC, The Guardian, and The Bureau of Investigative Journalism published on Jan. 29.
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Abramovich's net worth is estimated to be around $9 billion, and he has Russian, Israeli, and Portuguese citizenship. He and other top Russian oligarchs were sanctioned after the beginning of the full-scale invasion in February 2022. The oligarch now resides alternatively in Tel Aviv, Istanbul, and Russia's Sochi.
Within the last six months, 93 companies in Ukraine have removed signs of Russian ownership and continue to do business in the country, despite a moratorium on altering the registration of companies with Russian owners, the monitoring service Opendatabot reported.
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In response to an inquiry from the Kyiv Independent, the Justice Ministry said it had checked all 621 companies and found violations in the registration of 14 companies, two of which were related to non-compliance with restrictions on Russian assets.
Zelenskiy says Russian leader afraid of negotiations
Ukraine cites martial law for Zelenskiy's legitimacy
Putin suggests Western allies could facilitate talks
MOSCOW, Jan 28 (Reuters) - Russian President Vladimir Putin said on Tuesday that Ukraine could find a legal way to hold peace talks with Russia on ending their nearly three-year-old war, but Moscow sees no willingness on Kyiv's part to engage.
Ukrainian President Volodymyr Zelenskiy immediately dismissed Putin's statements questioning his legitimacy, saying that the Kremlin chief had shown he was afraid of talks and sought to prolong the war.
US President Donald Trump’s executive order to pause all United States foreign development assistance and the subsequent stop-work and stop-spending directives from Secretary of State Marco Rubio will have far-reaching effects in Ukraine, where Russia’s full-scale invasion will soon enter its third ...