Rosneft’s subsidiary received 9.6% of the company’s shares from the Rosneftegaz package :: Business :: RBC

The company, which transferred a 9.6% stake in Rosneft from the Rosneftegaz stake, was RN-NeftKapitalInvest. It is 100% owned by Rosneft

Photo: Evgeny Biyatov / RIA Novosti

The state-owned company Rosneftegaz has reduced its stake in Rosneft from 50% plus one share to 40.4%, it follows from the message of Rosneft.

The owner of a 9.6% stake (1 017 425 070 pcs.) Rosneft became its 100% subsidiary – the company RN-NeftKapitalInvest. On the eve of Rosneft reported that the authorized capital of RN-NeftKapitalInvest increased by 110 billion rubles., Interfax said, adding that Rosneft also withdrew from Grupo Rosneft C.A. (Venezuela), Rosneft Energia GmbH (Frankfurt), Petrovictoria S.A. (Venezuela) and the National Petroleum Consortium.

Rosneft on March 28 announced the termination of work in Venezuela. The company said it was selling its then unnamed company, owned by the Russian government, its business in Venezuela, including all assets and trading operations. In exchange, Rosneft was supposed to receive its own 9.6% stake, which it would put on the balance sheet of one of its subsidiaries.

Later it became known that the Federal Property Management Agency on the same day (March 28) established a new company, Roszarubezhneft, which should also be involved in the production and transportation of oil and oil (associated) gas. The authorized capital of the company amounted to 322.7 billion rubles. It is wholly owned by the Federal Property Management Agency.

Rosneft announced the termination of work in Venezuela

Photo: Carlos Garcia Rawlins / Reuters

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The United States announced Russia’s surveillance of Trump under the Open Skies Treaty :: Politics :: RBC

As part of the Open Skies Treaty, which allows participating countries to observe flights in each other’s territories, Russia has followed U.S. President Donald Trump, said his adviser Robert O’Brien

Robert O’Brien

(Photo: Ron Sachs / CNP / AdMedia / Global Look Press)

Russia during flights over the United States, carried out under the Open Skies Treaty, monitored the whereabouts of US President Donald Trump, said his national security adviser Robert O’Brien on Fox News.

“They flew over the White House, they flew over civilian infrastructure, they tracked where the president might be: [резиденция] Camp David or Bedminster (the city where Trump Golf Club is located. – RBC) So they used the contract inappropriately, ”O’Brien said.

On the eve of May 21, Trump announced that the United States is withdrawing from the Open Skies Treaty. According to him, Russia violated the agreement, under which its participants had the right to conduct observation flights over each other’s territories. “Therefore, until they stick, we will leave. But there is a very good chance that we can reach a new agreement or do something together to get back to that, ”Trump said.

According to US Secretary of State Mike Pompeo, Russia has turned the treaty “into an instrument of intimidation and threats,” while it itself has “grossly and constantly violated it for years.” He recalled that Russia did not give permission to conduct observation flights along the border with Abkhazia and South Ossetia, and also limited them over Kaliningrad.

Trump announces US withdrawal from Open Skies Treaty

Donald Trump

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Lavrov promised to necessarily hold a meeting of the leaders of the “nuclear five” :: Politics :: RBC

Sergey Lavrov

(Photo: mid.ru)

Russian Foreign Minister Sergei Lavrov in an exclusive interview with RBC said that the meeting of leaders of countries that are permanent members of the UN Security Council (Russia, USA, China, Great Britain and France) remains relevant.

“We do not expect to hold this meeting. We will carry it out, ”said the head of the foreign ministry.

According to Lavrov, an outbreak of coronavirus infection made this meeting even more relevant. “The infection has identified problems that require even more systematic consideration, which are related to how the states, their associations, and the world order as a whole will be tested for strength,” he said.

Interview with Foreign Minister Sergei Lavrov RBC. the main thing

Sergey Lavrov

The head of the foreign ministry said that representatives of countries that should take part in the summit constantly emphasize its necessity in all conversations.

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Trump allowed a breakdown in relations with China because of the coronavirus :: Politics :: RBC

Donald Trump

(Photo: Carlos Barria / Reuters)

The US may break off relations with China due to the coronavirus pandemic. This was the American president Donald trump said in an interview with Fox News.

On the eve of the United States Senate introduced a bill providing for sanctions against China because of the coronavirus. Earlier, senior U.S. officials officially blamed China for hiding COVID data.

The journalist asked Trump if he had a conversation with Chinese President Xi Jinping. “I have a good relationship … but right now I don’t want to talk to him,” Trump said.

The journalist noted that the Senate proposed limiting the issuance of visas to Chinese citizens, for example. “There are many things that we could do. We could completely break the relationship, ”Trump answered.

Draft Sanctions Act Against China Submitted to US Senate Due to COVID-19

Lindsey graham

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Netanyahu notified the President of Israel about the formation of the government :: Politics :: RBC

Israeli Prime Minister Benjamin Netanyahu sent President Reuven Rivlin a letter informing him of the formation of a coalition government. It is reported by The Jerusalem Post.

The swearing-in ceremony of the new Israeli government will take place on May 14 at 22:00 (coincides with the Moscow one). The Knesset (Israeli parliament) is expected to vote for the appointment of former tourism minister Yariv Levin as speaker. Then the deputies will vote for confidence in the new government. If supported, most ministers will be sworn in.

According to the publication, representatives from the Likud, Kahol-Lavan, Shas, Yakhadut ha-Tora, Avoda, Derekh-Eretz and Gesher parties will be included in the coalition government.

Israel entered the third round of political crisis

On March 2, Israel held parliamentary elections, which became the third in less than a year.

In April 2019, Likud and Kahol-Lavan received 35 seats each, and not one of the forces was able to form a government. In September of the same year, the center-left gained one more vote, but they could not get the support of 61 deputies, because of which they appointed a new vote.

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Fed will not go into minus – Kommersant newspaper No. 83 (6804) from 05/14/2020

The head of the Federal Reserve System (FRS), Jerome Powell, warned of the long-term risks of a deep recession and a fall in US employment, urging Congress and the White House to take new steps to support the US economy. At the same time, he said that the Fed does not consider the possibility of removing the key rate from the current near-zero level to the negative zone, on the eve of the desirability of such actions, US President Donald Trump said.

The US economy may face the long-term negative effects of the coronavirus outbreak, as liquidity problems eventually lead to bankruptcies, Fed Chairman Jerome Powell warned Wednesday. He invited the US Congress and the White House to take additional measures to help the economy. According to him, fiscal support, although it will entail an increase in the budget deficit (now it is about 20% of GDP, a level of 10% was considered acceptable in recent years), but it will allow the economy to recover faster.

Mr. Powell described the role of the Fed as “covering temporary liquidity problems,” recalling that the regulator can “lend, but not spend.”

The Fed has already made three decisions on additional measures to support the economy in a pandemic. At first, the discount rate was reduced, then short-term liquidity was announced, and at the end of March the regulator promised for the first time to use the “whole set of measures”, thereby effectively removing the limit on the volume of asset repurchases. In addition, large-scale concessional lending programs for the business were initiated with a total volume of $ 2.3 trillion (this is approximately 10% of the country’s GDP, see Kommersant on April 10). For its part, Congress approved three aid programs worth $ 2.9 trillion, equivalent to 14% of GDP.

In the United States, more than 20 million people have already lost their jobs. Among those who were busy in February and whose income does not exceed $ 40 thousand per year, now 40% do not work. Given such a sharp fall in employment, consumption is likely to wait for a slow recovery, according to ING Bank. This, in turn, will put additional pressure on inflation – in April, prices have already fallen by 0.8% month-on-month (including excluding food and energy – by 0.4%).

Donald trump on the eve again called on the Fed to further reduce rates, bringing them into the negative zone. He noted that other countries are already benefiting from this (the ECB, the central banks of Japan, Sweden and Switzerland used this measure at different times). However, Jerome Powell said Wednesday after the speech that members of the Federal Open Market Committee of the Fed did not, in principle, consider such a measure. In his speech, he also pointed out that low inflation has been accompanied in recent decades by the accumulation of imbalances in asset prices. The experience of countries where negative rates operate is not considered by experts as unambiguously successful, they add to ING, noting that the Fed is unlikely to shift them in the opposite direction in the next year and a half.

One of the problems of the controversy surrounding negative rates is the perceptible gap between the conclusions regarding the effects of the transition to the “economy of negative rates” that politicians make from standard economic models and the more complex constructions that the Fed uses.

The main problem of negative rates is that this step can be discussed along with others only in the concept of “least evil” and in the absence of other alternative monetary policy options. For example, a short-term negative rate, all other things being equal, may be an acceptable solution to problems with a sharp temporary reduction in bank capital. In the general simplified case, the provision of money at a negative percentage with high risks in the economy provokes banks to the only rational behavior: to fix the profit generated by the Fed for free, without essentially getting involved in any substantial projects. In this sense, the program of conditionally addressless distribution of funds by the government, up to “helicopter money”, looks in most cases a more reasonable alternative to a negative rate.

Tatyana Edovina, Dmitry Butrin

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Kozak revealed the details of the negotiations in Berlin :: Politics :: RBC

Dmitry Kozak

(Photo: Eugene Filippov / Global Look Press)

The deputy head of the presidential administration, Dmitry Kozak, said on the Russia 24 television channel that negotiations with the assistant chancellor of Germany, Angela Merkel, on resolving the conflict in southeastern Ukraine have been constructive.

“The dialogue was held in a constructive business spirit. We reached an agreement on mutual further actions for the peaceful settlement of the conflict in Ukraine, ”he said. Kozak added that consultations in Berlin will give an additional impetus to intensify negotiations in the “Norman format” and the Trilateral Contact Group.

The curator of negotiations on the Donbass in the Kremlin flew to Berlin against a virus

Dmitry Kozak

On May 13, a RBC source announced Kozak’s arrival in Berlin to discuss the situation in Ukraine. According to him, Germany invited a Russian representative to better understand the Russian line. The meeting was held in a bilateral format.

In February, the Kremlin reported that Kozak, who left the post of deputy prime minister in the presidential administration, would deal with Ukrainian issues. In mid-March, he first attended a meeting of the Tripartite Contact Group.

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National Security and Defense Council of Ukraine proposed Zelensky to extend sanctions against VKontakte :: Politics :: RBC

On May 15, Ukraine should expire sanctions against Russian Internet services that were introduced by Petro Poroshenko in 2017. National Security and Defense Council proposes to extend them

Photo: Sergey Konkov / TASS

The National Security and Defense Council of Ukraine submitted to the office of the President of the country a draft decree on the extension of sanctions against Russian Internet services and social networks Mail.ru, VKontakte and Odnoklassniki. This is stated in the message of the NSDC on the page on Facebook.

“Based on the results of consideration by the majority of members of the National Security and Defense Council of Ukraine, a decision on the application, cancellation and amendment of restrictive measures (sanctions) was adopted,” the report said.

Sanctions against a number of Russian companies, social networks and individuals were introduced in Ukraine in May 2017. The corresponding decree was signed by Petro Poroshenko, who then held the post of head of state. In addition to Mail.ru services, Yandex services were also sanctioned. As a result, they were blocked in the country. The validity of sanctions and, accordingly, blocking should expire on May 15, 2020. At the time of blocking, the VKontakte site was the third most popular in the country, second only to the search engines Google and YouTube, Mail.ru and Yandex shared fourth and fifth places, Odnoklassniki were in tenth.

According to SimilarWeb, in January 2017, Ukraine accounted for 17.6% of the total VKontakte traffic. As of May 2020, the share of traffic from Ukraine to VKontakte fell to 6.48%. At the same time, in Ukraine, the Russian social network remained in fourth place in terms of traffic among all sites, losing only Facebook from social networks. “Classmates” took ninth place. On the 12th place was the Ukrainian version of Yandex, and on the 14th was the Russian version. Portal Mail.ru dropped to 17th line.

Representatives of Mail.Ru Group, Yandex, Odnoklassniki and VKontakte declined to comment on RBC.

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The representative of Erdogan conveyed his wish to Peskov in Russian :: Politics :: RBC

Fakhrettin Altun

(Photo: iletisim.gov.tr)

The head of the public relations department of the administration of the President of Turkey, Fakhrettin Altun, wished the speedy recovery of the coronavirus infected by the press secretary of the President of Russia Dmitry Peskov. Post in Russian Altun published on Twitter.

“I wish my friend Kremlin spokesman Peskov a speedy recovery. We will succeed together! ” He wrote.

On May 12, Peskov announced that he had become infected with a coronavirus, and therefore he was admitted for treatment to one of the hospitals. He also assured that he personally spoke with Vladimir Putin more than a month ago.

Spouse Peskova, skater Tatyana Navka, also fell ill with coronavirus. She reported that her husband was under medical supervision. At the same time, Navka added that her condition had improved.

Peskov joked about Putin becoming a virologist

Coronavirus

Russia Moscow Peace

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Source: JHU,
federal and regional
anti-virus operations

Source: JHU, federal and regional anti-virus operations

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In Kiev, reported three violations in the sale of Sberbank to the government :: Economy :: RBC

The building of the National Bank of Ukraine

(Photo: Christopher Lee / Getty Images)

The National Bank of Ukraine (NBU) threatened to take measures in respect of the “daughter” of Sberbank amid the Russian government buying from the Bank of Russia a controlling stake in Sberbank. The Ukrainian regulator claimed three violations by the Russian government:

  • did not inform the National Bank of Ukraine three months before the acquisition of a substantial participation in Sberbank JSC about the intention of such an acquisition;
  • did not agree with the National Bank on the acquisition of a substantial stake in the bank;
  • did not submit to the National Bank a copy of the agreement (transaction), on the basis of which the transfer of ownership of the shares took place.

In this regard, the NBU sent inquiries to the Ministry of Finance of Russia and Sberbank with a request to provide explanations and relevant documents, and also informed them about the legal consequences of violation of Ukrainian legislation.

“The National Bank will give a legal assessment and consider the issue of application of measures of influence in the manner prescribed by law,” the statement said.

The media learned about the sale of a package of Sberbank at a price lower than planned

Photo: Maxim Blinov / RIA Novosti

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