U.S. authorities arrest senior manager of Russia’s Novatek gas company on tax fraud charges

Mark Gyetvay, a deputy head of Russian natural gas producer Novatek, has been arrested in the United States on tax charges related to $93 million hidden in offshore accounts, the Department of Justice said on Thursday. It said a federal grand jury in Fort Myers, Florida, returned an indictment on Wednesday charging Gyetvay, a Florida… Read More U.S. authorities arrest senior manager of Russia’s Novatek gas company on tax fraud charges

Ukrainian lawmakers pass law restricting oligarchs from participation in politics

Ukraine’s parliament passed a law on Thursday to order “oligarchs” to register and stay out of politics, a day after an attempt to kill a top aide to President Volodymyr Zelenskiy, which officials said could have been a response to the reform. The law provides a definition for an oligarch and gives a body headed… Read More Ukrainian lawmakers pass law restricting oligarchs from participation in politics

Russian vodka brand NEFT expands business operations in Africa, launches its ‘NEFT Beyond Vodka’ in Nigeria

It was all glitz and glam as Russian vodka brand, NEFT, a premium vodka, officially introduced its award-winning NEFT Beyond Vodka in Africa with Nigeria being the flagship country at Shiro Restaurant, Lagos on Friday, 17th September 2021. Guests arrived at the occasion dressed to the nines in the all-black or all-white themed event. Deyemi… Read More Russian vodka brand NEFT expands business operations in Africa, launches its ‘NEFT Beyond Vodka’ in Nigeria

Taiwan formally applies to join Pacific trade pact

Taiwan has formally applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the official Central News Agency said on Wednesday, less than a week after China said it too had submitted an application. Economy Minister Wang Mei-hua will give details on Thursday, the agency quoted Deputy Economy Minister Chen Chern-chyi as saying.… Read More Taiwan formally applies to join Pacific trade pact

France cancels defence meeting with UK over submarine deal row

France has cancelled a meeting between Armed Forces Minister Florence Parly and her British counterpart planned for this week after Australia scrapped a submarine order with Paris in favour of a deal with Washington and London, two sources familiar with the matter said. Parly personally took the decision to drop the bilateral meeting with British… Read More France cancels defence meeting with UK over submarine deal row

France recalls envoys from U.S., Australia over submarine deal row

France plunged into an unprecedented diplomatic crisis with the United States and Australia on Friday after it recalled its ambassadors from both countries over a trilateral security deal which sank a French-designed submarine contract with Canberra. The rare decision taken by French President Emmanuel Macron was made due to the “exceptional gravity” of the matter,… Read More France recalls envoys from U.S., Australia over submarine deal row

China files application to join Pacific trade pact

China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the commerce ministry said, as the world’s second-biggest economy looks to bolster its clout in trade. Commerce Minister Wang Wentao submitted China’s application to join the free trade agreement in a letter to New Zealand’s trade minister, Damien O’Connor,… Read More China files application to join Pacific trade pact

Kazakhstan parliament approves bill on foreign social media restrictions

Kazakhstan’s parliament approved a bill on Wednesday requiring owners of foreign social media and messaging apps to set up offices in the country or risk being blocked as part of a campaign against cyberbullying. The draft law, which had passed its first reading in the lower house of parliament, focuses on protecting children’s rights but… Read More Kazakhstan parliament approves bill on foreign social media restrictions