of Energy (In)-Security: The Implications of the Middle East Crisis By english.pravda.ru Published On :: Tue, 27 Aug 2024 18:13:00 +0300 The recent flare-up of conflict in the Middle East, particularly triggered by the assassination of Hamas leader Ismail Haniyeh in Iran by a suspected Israeli airstrike, represents not only a humanitarian and political crisis but also a looming energy crisis ahead. As tensions between Israel, backed by the United States, and Iran, along with its allies like Hezbollah and other Middle Eastern states, intensify, the risks to energy resources and supply routes, both on land and at sea, are becoming increasingly evident. The region's significant oil and gas reserves, crucial to global markets, are now under threat, and any disruption of these supplies could have far-reaching consequences for energy security worldwide. The assassination of Haniyeh, a central figure in Hamas, has ignited a dangerous new phase in the already volatile Middle East. Iran, a key supporter of Hamas and Hezbollah, has found itself at the heart of a growing coalition of Middle Eastern countries rallying against Israel. This development risks drawing the entire region into a broader confrontation, with profound implications not just for regional stability but also for global energy markets. Full Article Opinion
of Evolving landscape of LNG trade: Opportunities and challenges for Russia and India By english.pravda.ru Published On :: Tue, 24 Sep 2024 10:47:00 +0300 India's strategic pivot towards liquefied natural gas (LNG) is set to redefine its energy landscape, especially amid the shifting dynamics of global energy trade. Earlier this year, GAIL (India) Ltd, the country's largest government-owned natural gas company, secured a 10-year LNG purchase agreement with Vitol, a global energy trader with extensive operations in Russia. This deal, which begins in 2026, will ensure approximately 1 million metric tons (mt) of LNG annually, including gas sourced from Russia. This agreement is instrumental for India as it strives to elevate natural gas consumption to 15% of its energy mix by 2030. India's LNG imports have demonstrated considerable variability, reflecting its dependence on this critical energy source. Imports surged to 3,516 million standard cubic meters (MMSCM) in May but fell to 2,794 MMSCM in July. Over the first four months of the year, LNG accounted for a substantial 12,269 MMSCM out of a total gas consumption of 24,210 MMSCM, underscoring the country's reliance on imported LNG to meet its growing energy needs. This volatility highlights the strategic importance of agreements, like the one with Vitol and the one between Novatek and Deepak Fertilisers, signed in February 2023, for both spot and long-term supply contract markets in securing energy stability. Russia, for its part, has been adapting its LNG export strategy in response to global pressures and the evolving market landscape. In the first half of 2024, Russian LNG imports to Europe rose by 11% from last year, with Russia supplying 69.95 million mt so far. Despite a general decline in European gas consumption and a shift toward long-term contracts, Russian LNG remained a significant portion of imports, with France alone seeing a 110% increase. This demonstrates the resilience of Russian LNG in maintaining its foothold in European markets. Additionally, Russia's LNG exports to China have also seen growth, with 1.648 million mt shipped in the first quarter of 2024-a 2% increase from the previous year. Full Article Opinion
of Fattah-2: New generation of Iranian weapons to respond to aggressor By english.pravda.ru Published On :: Thu, 03 Oct 2024 19:58:00 +0300 On the first day of October, Iran fired more than 200 missiles at Israel. The missiles reached their targets in 10-12 minutes. According to the Chief of Staff of the Iranian Armed Forces said, the attacks were conducted to hit Navatim and Netzarim air bases, where F-35 aircraft, radars and tank assembly centers are based. It is believed that Iran used new Fattah-2 hypersonic missiles for the attack. The hypersonic ballistic missile flies at a speed of about 6,000 km per hour (up to 5 Mach); its flight range amounts to 1,400 km. Full Article World
of CIS Summit highlights Russia's role of a strong, dominating power By english.pravda.ru Published On :: Wed, 09 Oct 2024 21:21:00 +0300 The summit of the Commonwealth of Independent States (CIS) was a formality, but the issue at hand is the security of the Russian Federation. Moscow needs to change its attitude towards its neighbours before it is too late. The following leaders attended the CIS summit at the personal invitation from Russian President Vladimir Putin: President of Azerbaijan Ilham Aliyev, Prime Minister of Armenia Nikol Pashinyan, President of Belarus Alexander Lukashenko, President of Kyrgyzstan Sadyr Japarov, President of Tajikistan Emomali Rahmon, President of Turkmenistan Serdar Berdimuhamedov, President of Uzbekistan Shavkat Mirziyoyev. Moldovan President Maia Sandu did not attend. Full Article World
of Moment of Israel's strike on Iran getting closer. Jericho II nuclear missiles ready By english.pravda.ru Published On :: Fri, 25 Oct 2024 18:09:00 +0300 It appears that the moment when Israel is going to strike Iran is getting closer. Ten US Air Force KC-135R tanker aircraft are heading towards the Middle East with at least 20 F-16 fighters escorting them. French all purpose landing ship L9013 Mistral arrived in Larnaca, Cyprus. US has transferred new combat aircraft to its base in Qatar. A curious event was noticed in the sky over Cambridge: three US tanker aircraft and a C-5M Super Galaxy military transport aircraft were spotted airborne. According to The New York Times, Iranian leader Ali Khamenei ordered the Armed Forces of the Islamic Republic to prepare for a state of war with Israel. Khamenei instructed the army to present several plans of response to Israel's imminent attack on Iran, depending on the scale of the strike. Full Article World
of Israel, Genocide, and the Curse of Unchecked Power By english.pravda.ru Published On :: Mon, 28 Oct 2024 20:20:00 +0300 The current Israeli escalation of violent conflicts with multiple adversaries in the Middle East, in a way which is both excessive in scale and emotional in tone, while under the unconditional support of the United States, spells trouble for Western power politics in years to come. This is a classic example of the self-destructiveness of power politics in the long term, when power is unchecked in wreaking havoc on others for short-term "feel good" gains, under the temptation of unrealistic goals (wishful thinking). 1. Introduction: Israel, the United States, and Western Power Politics There are 3 important factors contributing to the unconditional support of Israel by the United States in recent decades. Full Article Opinion
of Slovak Prime Minister appears on Russian TV accusing NATO and EU of supporting Ukraine By english.pravda.ru Published On :: Thu, 31 Oct 2024 14:29:00 +0300 Robert Fico became the first NATO leader to have given an interview to Russian media after the start of the special military operation and he made some very bold statements in it. The West fails to bring Russia to its knees Slovak Prime Minister Robert Fico gave an interview to Russian journalist Olga Skabeeva on the state-run Rossiya-1 TV channel. He started his interview with a Slovak proverb that says that "no one on their knees can be considered defeated — perhaps they are just tying their shoelaces." Full Article World
of Decentralization, corruption, negligence: Causes of humanitarian disaster in Spain By english.pravda.ru Published On :: Thu, 07 Nov 2024 17:46:00 +0300 The Spanish authorities allowed a humanitarian disaster to occur in Valencia when a catastrophic flood hit the region. The government of Spain pays first priority to Ukraine, rather to its own people. Humanitarian crisis in Valencia due to government inaction On October 29, torrential rains hit Valencia inundating dry riverbeds and ravines filled with dead wood and debris. Floodwaters went upstream under pressure trapping thousands of people. To date, 217 bodies have been identified. According to European satellite emergency assistance system Copernicus EMS, the floods affected 15,633 hectares of land, including 3,249 kilometers of streets and roads. Over 190,000 people were affected, 17,597 residential buildings were ruined or partially damaged. Hospitals of the region work in overdrive due to disrupted logistics. Full Article World
of Unlocking the Arctic: The Northern Sea Route as the Future of Global Sea Trade By english.pravda.ru Published On :: Fri, 08 Nov 2024 17:08:00 +0300 In October 2024, Russia announced plans to significantly increase year-round shipping through the Northern Sea Route (NSR), aiming a boost in cargo volume to over 200 million tons annually by 2030 — a critical step in transforming the Arctic into a global trade corridor. With 2023's cargo volume already reaching 36.254 million tons, despite a slight dip this year so far mainly due to delays in launching major raw material projects like Arctic LNG 2, the route continues to demonstrate its growing role in Russia's trade and energy strategy. The Northern Sea Route, stretching across Russia's Arctic coastline, has long been eyed as a potential alternative to the Suez Canal for connecting Europe and Asia. With shorter transit times — promising to reduce the distance between Asia and Europe by 10 to 14 days compared to the Suez Canal route — and bypassing congested chokepoints, the NSR offers the promise of a more direct, efficient maritime route between the two continents. This October's decision is only the latest in a series of strategic moves by Russia to establish the NSR as a primary passage for international sea-based trade, catalyzed by Russia's growing ties with both China and India, who are actively seeking reliable access to the Arctic. Amid escalating tensions, particularly the ongoing Israel-Iran conflict, which has the potential to severely disrupt sea trade along the Suez Canal, the NSR's strategic importance becomes even more pronounced. Full Article Opinion
of Man drifts for 67 days in rubber boat with bodies of his two relatives By english.pravda.ru Published On :: Tue, 15 Oct 2024 13:51:00 +0300 A Russian man who had been drifting for two months in the Sea of Okhotsk with the bodies of his relatives was rescued. His boat was discovered by the crew of the fishing vessel "Angel". When the fishermen found the boat, the man was conscious and was even able to shout a few words. The first phrase spoken by the survivor was: "Not enough strength." In response, the crew of the vessel that found the man, a Sakhalin resident, said that they had taken this information into account and promised to save him quickly. Full Article Society
of Brazilian journalist admires streets of Moscow By english.pravda.ru Published On :: Wed, 23 Oct 2024 17:18:00 +0300 Brazilian journalist and geopolitical analyst Pepe Escobar admired the streets of Moscow and praised the city for its cleanliness. Escobar shared his impressions of the Russian capital on the sidelines of the BRICS summit, Moskovskiye Novosti (Moscow News) Telegram channel said. Escobar noted that he very much enjoyed walking along the streets of Moscow, especially at night. "I never take a taxi in the center, I always walk there. And it's a beautiful city: everything is clean, everything works. Fantastic. This is something that people in the West have no idea about,” the journalist said. Full Article Society
of Woman downs 20 shots of strong drinks and falls into coma at Moscow bar By english.pravda.ru Published On :: Tue, 29 Oct 2024 15:02:00 +0300 A young woman fell into a coma after having 20 shots in a Moscow bar. It was said that the woman went out for a drink after her boyfriend broke up with her. On Sunday night, October 27, the 24-year-old woman named only as Tanya came to the bar at Sergei Zhukov's Ruki Vverkh Bar (Hands Up!) on Tverskaya Street in Moscow. She ordered 20 shots of various strong drinks — vodka, whiskey, rum, tequila, sambuca and absinthe — and downed them all one after another while her friend and the bartender were filming her drinking. The woman felt sick and collapsed soon afterwards. She was rushed to intensive care in serious condition. Full Article Society
of Man steals bottle of vodka for his hangover and goes to fight in Ukraine By english.pravda.ru Published On :: Fri, 01 Nov 2024 18:33:00 +0300 A resident of Syktyvkar is going to serve in the zone of the special military operation after stealing a bottle of vodka. The man stole it from a grocery store, became a defendant in a criminal case and agreed to sign a contract for military service. The 39-year-old man, named only as Vitaly, had a hangover in the morning of October 27. He went to the nearest grocery store to get a "remedy." He took a small bottle of vodka from a shelf and went home without paying for it. Store employees noticed the missing bottle, looked through CCTV footage and called the police that found the man quickly. Full Article Society
of Five Il-76 transport aircraft come out of order due to supplies of defective parts By english.pravda.ru Published On :: Mon, 05 Aug 2024 14:01:00 +0300 The Russian Ministry of Defense reported damages of 130 million rubles due to the supplies of defective aircraft parts for the Ilyushin Il-76 military transport aircraft, the Izvestia newspaper wrote about it with reference to a source. It was revealed that the aircraft in operation had counterfeit bearings installed on them. The Investigative Committee for the Moscow Region sad that no further details of the case could be exposed for the interests of the investigation. It was reported that the case was initiated against unidentified persons from among the management of the Balashikha Foundry and Mechanical Plant (BLMZ). According to sources, the plant was recognized as the injured party in the case. Possible violations in the execution of documents for the bearings were committed by the Saratov Bearing Plant from which they were purchased. Full Article Russia
of Moscow Patriot Park director and high-ranking defense official arrested for fraud By english.pravda.ru Published On :: Mon, 05 Aug 2024 16:29:00 +0300 Vyacheslav Akhmedov, director of Moscow's Patriot Park, was arrested as part of the investigation into fraudulent activities. Deputy head of the Main Directorate for Innovative Development of the Russian Ministry of Defense, Major General Vladimir Shesterov, was detained as well, the Investigative Committee of Russia said on its Telegram channel. The arrested individuals, together with their accomplices, are responsible for the theft of funds allocated for the operation of the Patriot Park. Army-2024 international military and technical forum was supposed to be held in the Patriot Park in August 2024. Now the event has been put into question. Full Article Russia
of Putin arrives in Beslan to commemorate 20 years of the tragedy that claimed 334 lives By english.pravda.ru Published On :: Tue, 20 Aug 2024 14:24:00 +0300 Russian President Vladimir Putin arrived in Beslan. The head of state visited the City of Angels memorial complex — a large cemetery where 266 victims of the monstrous 2004 terrorist attack were buried. The attack that took place on September 1 at Beslan's School No. 1 claimed the lives of 334 people. September 2024 will mark 20 years since the tragedy. A monument on the territory of the complex, the Tree of Sorrow, was built in memory of the hostages who fell victim to the terrorist attack. There is also a monument to the fighters of the Alpha and Vympel special forces who died during the assault. Full Article Russia
of Putin gives precious gift to people of Chechnya, becomes honorary citizen By english.pravda.ru Published On :: Wed, 21 Aug 2024 13:20:00 +0300 Russian President Vladimir Putin presented a rare copy of the Koran to a new mosque in Grozny, the capital of Chechnya, the Grozny State Television and Radio Broadcasting Company said on Telegram. The head of state visited Chechnya on August 20. According to the channel, the Koran book presented by Putin is decorated with a gold ornament and inlaid with precious stones. The Mufti of the republic, Salah Mezhiyev, thanked the Russian leader on behalf of the people of Chechnya. Full Article Russia
of Putin signs decree to increase manpower of Russian Army By english.pravda.ru Published On :: Mon, 16 Sep 2024 15:21:00 +0300 Russian President Vladimir Putin has increased the number of personnel in the Russian Armed Forces. The corresponding decree was published on the official Internet portal of legal information. The number of personnel in the Russian army has thus been increased to 2 million 389 thousand people, including 1.5 million military personnel. The decree of the head of state comes into force on December 1, 2024. Putin also instructed the Russian government to provide for the allocation of funds for the Ministry of Defense from the federal budget for the implementation of the decree. Full Article Russia
of Designated Doctor Extent of Injury webinar By www.tdi.texas.gov Published On :: Fri, 20 Jun 2025 14:30:00 GMT Designated Doctor Extent of Injury webinar Full Article
of Designated Doctor Case-Based Webinar Series: Module 2 - Spine MMI and IR and Extent of Injury (EOI) By www.tdi.texas.gov Published On :: Wed, 02 Apr 2025 17:00:00 GMT Designated Doctor Case-Based Webinar Series: Module 2 - Spine MMI and IR and Extent of Injury (EOI) Full Article
of Designated Doctor Extent of Injury webinar By www.tdi.texas.gov Published On :: Fri, 21 Feb 2025 15:30:00 GMT Designated Doctor Extent of Injury webinar Full Article
of Texas Workers’ Compensation 2025 Professional and Workers’ Compensation Specific Exams Reimbursement Rates By www.tdi.texas.gov Published On :: Wed, 22 Jan 2025 18:00:00 GMT Texas Workers’ Compensation 2025 Professional and Workers’ Compensation Specific Exams Reimbursement Rates Full Article
of Docket No. 2851 - Consideration of a Request to Change the Title Insurance Basic Premium Rates By www.tdi.texas.gov Published On :: Tue, 21 Jan 2025 20:00:00 GMT TLTA's petition to change basic title rates Full Article
of Designated Doctor Extent of Injury webinar By www.tdi.texas.gov Published On :: Fri, 15 Nov 2024 15:30:00 GMT Designated Doctor Extent of Injury webinar Full Article
of The risk of breaking electronic devices rises 24% over Easter, new data reveals By www.retailtechnologyreview.com Published On :: New data has revealed that there’s a 24% rise in Brits dealing with broken laptops, tablets and phones over the Easter break each year, making it the riskiest holiday for devices. Full Article Mobile Computers Data Capture Critical Issues
of PPDS and software firm Telelogos team up to bring advanced content and device management solutions to Philips Tableaux By www.retailtechnologyreview.com Published On :: PPDS, the exclusive global provider of Philips professional displays, has announced that Telelogos software has been approved as the very first remote device management solution for the new Philips Tableaux range of Advanced Colour ePaper displays. Full Article Mobile Computers
of Global smartphone market decline softens as shipments drop 10% in Q2 2023 By www.retailtechnologyreview.com Published On :: Canalys's latest research reveals that the worldwide smartphone market fell by 10% to 258.2 million units in Q2 2023, showing a slowdown in decline. Full Article Mobile Computers Critical Issues
of Utimaco research finds a low level of trust for IoT devices, citing work needed to communicate digital safety By www.retailtechnologyreview.com Published On :: Utimaco has released new consumer research that has found a low level of trust around Internet of Things (IoT) devices. This has highlighted the need for more education from industry into how smart devices are secured with the latest digital security solutions. Full Article Mobile Computers Surveillance and Security Critical Issues
of Extend the Lifespan of Your Gadgets - A Comprehensive Maintenance Checklist By www.retailtechnologyreview.com Published On :: By George Freeman, freelance writer.In our fast-paced world, electronic devices have become integral to our daily lives. From smartphones and tablets to laptops and smartwatches, these gadgets keep us connected, entertained, and productive. However, the wear and tear of regular use can take a toll on our beloved devices. Full Article Critical Issues Mobile Computers
of Getac enhances its range of versatile Android devices with launch of AI-ready fully rugged tablet By www.retailtechnologyreview.com Published On :: Getac has introduced the AI-ready ZX80, a brand new 8-inch fully rugged tablet, powered by the versatile Android operating system. Full Article Mobile Computers
of June 2024 edition of Manufacturing & Logistics IT By www.retailtechnologyreview.com Published On :: Thu, 13 Nov 1800 17:19:39 -0001 The June Issue features a Special Technology Report looking in depth at the latest developments in the world of Automatic Identification and Data Capture/Mobile Computing solutions.Also included is a ‘Cover Story’: Gartner forecasts spending on cloud security to grow 24% in 2024, making it the highest growth of all segments in the global security and risk management market. Full Article Critical Issues Data Capture Mobile Computers
of Out of the data jungle: More interoperability for resilient supply chains By www.retailtechnologyreview.com Published On :: Fri, 13 Nov 7840 17:29:58 +0000 By Philipp Pfister, Chief Customer Experience Officer at Transporeon (a Trimble company)There’s no denying that the transport sector is a prominent cog across most global industries. As the saying goes, “There is no production without procurement logistics, and no trade without delivery traffic.” Full Article Retail Supply Chain Critical Issues
of Over three quarters of retailers are worried about growing consumer privacy concerns, Wunderkind’s research shows By www.retailtechnologyreview.com Published On :: While retailers understand the need to move towards increased first-party data collection and personalised shopper engagement, many remain concerned about building privacy-centric experiences that meet consumers’ growing demands for the responsible use of their data, the latest research from Wunderkind, the AI-driven performance marketing solution, warns. Full Article Surveillance and Security Critical Issues
of The Role of AI and Human Authentication in Retail on Designer Products By www.retailtechnologyreview.com Published On :: Mon, 13 Nov 6490 17:24:49 +0000 By Lloyd Mallon, freelance writer.Designer products are the fine line between luxury and looking glamorous. Due to their price it’s important to make sure what you’re buying is authentic and not a counterfeit. Full Article Surveillance and Security Critical Issues
of Customer adoption of Bitsight cloud monitoring grows 170% amid increased demand for Visibility Across digital infrastructure By www.retailtechnologyreview.com Published On :: Bitsight, the cyber risk management solutions provider, has introduced new asset mapping capabilities to help companies better manage vulnerabilities across their extended attack surface. Full Article Surveillance and Security Cloud Computing
of Quorum Cyber accelerates growth with strategic acquisition of Difenda By www.retailtechnologyreview.com Published On :: Sat, 13 Nov 4900 17:26:49 +0000 Quorum Cyber - with offices in Edinburgh, UK, and Tampa, Florida – has acquired Difenda, a Canadian-based, full-stack Microsoft Security Managed Services company. The announcement underscores Quorum Cyber's global momentum and strengthens its position as a leader of Microsoft Security services. Full Article Surveillance and Security
of Endor Labs releases report on Open Source Software Dependency Management By www.retailtechnologyreview.com Published On :: Mon, 13 Nov 3600 17:26:56 +0000 Endor Labs, the open source software security solutions provider, has released The 2024 Dependency Management Report, which consolidates extensive original and third-party research into the current state of security in the software dependency lifecycle that represents the foundation for all application development. Full Article Surveillance and Security Critical Issues
of Almost half of UK SMBs have faced a significant business setback due to misinformation or fake reviews By www.retailtechnologyreview.com Published On :: Small and medium-sized businesses (SMBs) in the UK are facing significant challenges in today’s digital landscape, with misinformation, fake reviews and inadequate search and engagement tools putting them at a serious disadvantage compared to larger competitors. Full Article Retail Supply Chain Surveillance and Security Critical Issues
of 43% of data breaches target small businesses in 5 industries By www.retailtechnologyreview.com Published On :: Some industries are more vulnerable to cyber threats hence facing a high risk of experiencing data breaches or other types of cyber attacks in the future. Full Article Surveillance and Security Critical Issues
of Global survey of security pros finds 87% of organisations impacted by cyber threats they couldn’t detect or neutralise last year By www.retailtechnologyreview.com Published On :: Fri, 13 Nov 8240 17:28:37 +0000 Red Canary, the managed detection and response (MDR) provider, has released a new report, Security Operations Trends Report, providing insight into critical challenges facing modern cybersecurity teams. Partnering with independent research company Coleman Parkes, Red Canary surveyed 700 security leaders from the US, UK, New Zealand, Australia and Nordics. Full Article Surveillance and Security Critical Issues Cyber Security
of 44% of CISOs fail to detect breaches By www.retailtechnologyreview.com Published On :: Sat, 13 Nov 6060 17:29:50 +0000 44% of CISOs surveyed reported they were unable to detect a data breach over the past 12 months using existing security tools, according to Gigamon. 70% of CISOs stated their existing security tools are not as effective as they could be when detecting breaches due to limited visibility. Full Article Surveillance and Security Critical Issues
of Costa Coffee selects TrueCommerce for global EDI expansion By www.retailtechnologyreview.com Published On :: TrueCommerce, provider of supply chain and trading partner connectivity, integration and omnichannel solutions, has been selected by Costa Coffee, The European coffee chain, to spearhead their global EDI expansion. Full Article Retail Supply Chain Internet Retailing
of Descartes’ Study Reveals Nearly 90% of Consumers’ Sustainable Home Delivery Choices Are Impacted by Economic Pressure By www.retailtechnologyreview.com Published On :: Descartes Systems Group has released findings from its 2024 Home Delivery Sustainability Report: The Environmentally Conscious Consumer Under Pressure survey, which examined online consumer sentiment of retailers’ sustainability practices around their delivery operations. Full Article Internet Retailing Retail Supply Chain Critical Issues
of Serial returners projected to account for £6.6bn of online returns in the UK in 2024 By www.retailtechnologyreview.com Published On :: A silent crisis of ‘serial returns’ is eroding retail profit margins as uncovered in the Annual Returns Benchmark Report 2024* conducted by returns specialist ZigZag, in partnership with Retail Economics, accounting for 1 in 10 (11% of) online shoppers that make returns, are generating a quarter (24%) of all online non-food returns. Full Article Internet Retailing Retail Supply Chain Critical Issues
of German Lillevali and tumbled pyramids of grand strategists By english.pravda.ru Published On :: Wed, 15 Sep 2021 20:55:00 +0300 How do famous film directors and athletes become baits for pyramid schemes? How are such prominent figures as Anatoly Karpov, Nikita Mikhalkov and other renowned personalities in Russia involved with the scammers from Anchor-Invest? Scarcely ever it is possible to catch and put into jail big-time operators of financial pyramids how it happened with Mavrodi, the famous "financier of Russia". Apart from Mavrodi, a variety of pyramids existed and continue to operate in Russia that have the same backbone; to take your money. Full Article Business
of Evergrande does not fit into the line of China's new policies By english.pravda.ru Published On :: Thu, 23 Sep 2021 20:29:00 +0300 On Monday, September 20, during a trading day on the Hong Kong stock exchange, the shares of Chinese developer Sinic collapsed by 87 percent. Experts point out that the shares collapsed due to the "domino effect", which was caused by the crisis of China's another developer giant, Evergrande. In 2020, Evergrande owner Hui Ka Yan was among the top three Chinese wealthy men. Today, however, the development company that he owns has found itself on the verge of default. Evergrande's debts are overwhelming and reach an astronomical amount of $302 billion. How did Hui Ka Yan lead his development empire to such a deep crisis? Evergrande is due to pay its investors $83 million on September 23rd. S&P Global believes that the Chinese government refuses to bail out the debt-stricken company. However, Hui Ka Yan is full of optimism. He assured his employees that his company will extricate from the crisis, although he did not specify how. Full Article Business
of Yukos skeletons. What links Aleksey Golubovich with former owners of the oil company. Part I By english.pravda.ru Published On :: Wed, 30 Mar 2022 17:16:00 +0300 Russia's refusal to pay $50 billion to former Yukos shareholders will lead to new investigations.On March 31, the Moscow City Court will consider an appeal, which was filed against the ruling to pay $35 million to former Yukos shareholder Alexey Golubovich by his ex-wife Olga Mirimskaya. Allegedly, she received the money for the sale of Yukos shares 15 years ago, and her ex-husband asked for his share as part of the divorce proceedings that have been ongoing for the last ten years. These are unusual demands as Mirimskaya has never owned shares in the oil company. In addition, Golubovich was not only its shareholder, but also served as the director for strategic planning and corporate finance at OAO NK Yukos and was aware of all information related to the financial dealings of the oil giant. A journalistic investigation conducted by Pravda.Ru showed that Alexey Golubovich likely still works in close collaboration with other ex-owners of Yukos. Alexey Golubovich, a former shareholder of Yukos oil company, and Olga Mirimskaya, the chairwoman of the Board of Directors of BKF Bank, divorced in 2012, but the litigation over the division of their marital property continues to this day. Olga Mirimskaya is the founder of the Russian Product Company. She is also President of BKF Bank. Mirimskaya is charged with giving a bribe — two vehicles worth a total of 3.25 million rubles — to Yury Nosov, an investigator at the Moscow Region Department of the Investigative Committee in 2017. He handled the case, in which she appeared as a victim in connection with the kidnapping of her daughter. Nosov and Mirimskaya were arrested in the bribery case. They plead not guilty, claiming that the case has been initiated under false pretences with malicious intent. "According to the defendant, the case was initiated by Alexey Golubovich, as well as by her former common-law partner Nikolai Smirnov, a co-owner of the Golden Crown payment system, as an act of revenge for the return of her daughter, in order to seize her property," Mirimskaya's lawyer Alexander Chernov said. Full Article Business
of Skeletons of Yukos. Why GML paid Alexey Golubovich $44 million. Part 2 By english.pravda.ru Published On :: Tue, 05 Apr 2022 12:09:00 +0300 Continued. Read Part I of the article here. Alexey Golubovich, Yukos's former director for strategic planning and corporate finance was one of the main witnesses in the case against Yukos. How can one determine the basis of his testimony? Was it a wish to help the Russian justice system or the subtle game of a "double agent"? In order to understand this, one may need to recall a few facts from his business biography. In the first part of our investigation, we talked about Alexey Golubovich's business projects and lawsuits in 2010–2022, in which one could see both the shadows of his former Yukos colleagues (for example, Mikhail Khodorkovsky, Yuri Beilin) and the non-systemic opposition. Full Article Business
of Foreign companies suffer a total of $70 billion in losses after they leave Russia By english.pravda.ru Published On :: Thu, 25 Aug 2022 19:04:00 +0300 The losses that American, European and Japanese companies have suffered after they left the Russian market are evaluated at tens of billions of dollars, RIA Novosti reports. Since the beginning of the special operation in Ukraine to the present, foreign companies have lost a total of $70 billion. Companies of the fuel and energy complex have suffered the biggest losses. Many companies in this sector have deconsolidated and devalued Russian assets by ceasing to report the results of their activities in the country, they have not completely stopped working in Russia. For example, the UK-based BP, having made a number of statements about its decision to withdraw from Russian projects, was forced to retain shares in local assets. According to Putin's decree from August 5, shareholders from unfriendly countries will no longer be able to make transactions with shares in companies of strategic significane, fuel and energy companies and banks without the consent of the state. In its report for the first quarter of 2022, BP depreciated Russian assets in the amount of $25.5 billion, but it did not take practical steps to exit the projects. Full Article Business
of Futura forges alliance with Shipster to create end-to-end software solution By www.retailtechnologyreview.com Published On :: Shipster, a custom shipping integration platform, and Futura Retail Solutions, an advanced retail and warehouse management software, have announced a strategic partnership to target growing omni-channel retail markets. Full Article Retail Supply Chain Internet Retailing