{{dayPoint.date | date : 'd MMMM yyyy'}}

{{newsPoint.title}}

{{newsPoint.title+ ' '}}

{{newsPoint.subtitle}}

NLMK announces mandatory conversion of GDRs into shares for foreign depositories

Holders are entitled to file a request with AO Raiffeisenbank until October 12, 2022

MOSCOW, August 9. /TASS/. NLMK has announced the mandatory conversion of global depositary receipts (GDRs) that are in custody of foreign depositories, into ordinary shares after October 12, 2022. Mandatory conversion also applies to holders that are, due to the imposed restrictions, unable to carry out the conversion in any other way, the company said in a statement on Tuesday.

Holders are entitled to file a request with AO Raiffeisenbank until October 12, 2022.

"If AO Raiffeisenbank has no justified reservations regarding the completeness and/or integrity of the information provided in the request, and if the total amount of DRs requested for conversion does not exceed the amount of DRs in circulation, the conversion of depository receipts into ordinary shares is to take place after 12 October 2022," the statement said.

Moreover, NLMK Group intends to file an application with AO Raiffeisenbank between August 15 and 19, 2022, to express its consent to undergo automatic conversion, the company added. Depository receipts in custody of Russian depositories can undergo the automatic conversion.

Earlier reports said the Bank of Russia decided to start the automatic conversion of depositary receipts in custody of Russian depositories into shares on August 15, 2022.

Syria introduces electronic visas — embassy

Syrian diplomats explained to TASS that a relevant platform will issue visas online, obliterating the need to visit an embassy or a consulate

Russian forces strike Ukraine’s Operational Command South headquarters

The enemy’s troops and military hardware had been hit in 112 districts

Jordan condemns Israeli settlers’ attacks on humanitarian aid convoys

Sufyan Quda emphasized, "despite the provocation, the convoys delivered humanitarian supplies to the Palestinian enclave, given the threat of starvation looming over them"

Russia says its FPV drones delivered 40 strikes on Ukrainian sites in Donetsk area

Operators of FPV also destroyed a large number of personnel and equipment in their area of responsibility, the Russian Defense Ministry reported

Voting on foreign agents law in third reading due in two weeks — Georgian PM

"In two weeks from now we will have the third reading. After that in a month, in four weeks’ time, a procedure to override the veto will follow," Kobakhidze said

Medvedev vows Moscow's response to US law on seizing Russia's frozen assets will sting

The Russian Security Council deputy chairman suggested enacting legislation to allow Russia to confiscate assets belonging to the citizens of unfriendly countries

Georgia's ruling party intends to pass law on foreign agents despite protests

Prime Minister Irakli Kobakhidze said that "in the long run we will make the country secure from polarization and radicalism for years"

BRICS member states to consider creating common digital payment platform

The gradual integration of the new BRICS member states into the work of the financial tracks and strengthening of cooperation at the expert level was noted as being one of the crucial tasks for 2024

Foreign agents law to accelerate Georgia's European integration, prime minister says

Irakli Kobakhidze said that Georgia will avoid even mental revolutionary processes

Special operation being turned into war does not mean state of war de jure — Kremlin

Dmitry Peskov also warned against comparing his use of the word "war" with what the participants in the protests against the special operation meant by it

Soros family makes deal with Kiev to use Ukrainian land as toxic waste dump — journalist

"This agreement authorizes the disposal of chemical waste from companies linked with financier George Soros in the black soil of Ukraine," he said

Russian cutting-edge missile frigate holds artillery firings in Arctic drills

"The combat exercises were conducted in the Barents Sea waters closed for shipping," the Russian Defense Ministry reported

Russian flag hoisted over northern outskirts of Rabotino in Zaporozhye — politician

Rogov remarked that there were no houses left in the village now, for which reason it made no sense to fortify positions there

Police detain 63 people at protest rally in Georgian capital

Six operatives of the Interior Ministry sustained various serious injuries

Iran authorizes 130 IAEA inspectors — AEOI chief

Mohammad Eslami emphasized the continuous interaction and dialogue between Iran and the IAEA under the comprehensive safeguards agreement

Fire in Ulan-Ude suburb put out — emergencies ministry

Seventeen summer cottages have burnt down

US undermines participation of Russian representative in UN Committee on Information

Dmitry Polyansky added that Moscow hoped that the current situation will be "cardinally corrected." He also reiterated that legally binding agreements with the host country existed

Protest rally against Poland’s military support for Kiev held in Warsaw

The organizers noted on the X social network that the rally is attended by several hundred people

Russia, Turkey to hold consultations on issues on UN agenda — Russian foreign ministry

It will be another round of bilateral consultations, a Russian foreign ministry official said

Press review: China to weather US storm and ATACMS not 'wonder weapons'

Top stories from the Russian press on Saturday, April 27th

Example of Great Patriotic War veterans inspires amid current trials — Putin

President expressed hope that the festival would arouse great interest among the participants and become a bright event among the events dedicated to Victory Day

Gas supply by Gazprom for Europe through Ukraine totals 42.4 mcm via Sudzha

The nomination for the Sokhranovka gas pumping station has been rejected

Top security official advises West to keep door open for joint research work with Russia

Nikolay Patrushev cited recent research showing that a simulated eruption of the Yellowstone Caldera, which has shown increasing signs of active volcanic status over the years, and what consequences such a natural disaster could potentially leave in its wake

Mortar gunners destroy about ten Ukrainian servicemen

Russian fighters occupied better positions owing to accurate mortar fire and concerted action

Number of millionaires in Ukraine increases by more than 15% in 2022

The number of official millionaires in 2022 increased from 8,177 to 9,511, head of Ukraine’s Verkhovna Rada committee on finances and tax and customs policy Daniil Getmantsev said

Chinese diplomat comments on Blinken’s warning on support to Russia

Chinese Foreign Ministry Spokesperson Lin Jian pointed out that the US was supplying Ukraine with arms and ammunition and at the same time making unfounded accusations regarding trade between China and Russia

Russia’s UN envoy calls on UNSC to prevent conflict in Bosnia-Herzegovina

Vasily Nebenzya said that the situation in the country was getting worse

Unaware of decline of its military industry US gets trapped in Ukraine — French historian

Emmanuel Todd believes that "one of Washington's goals is to prevent a rapprochement between Russia and Germany"

Putin requests increasing financing of Russian Science Foundation

The request is to be fulfilled by May 1

One woman killed, another one wounded in Ukraine’s shelling of Kursk Region village

According to region’s governor Roman Starovoit, two civilians were wounded in the shelling attack on the village in the morning

Israeli Air Force strikes Hezbollah outposts in southern Lebanon

The airstrikes followed an ambush of a military vehicle between the Israeli settlements of Yiftah and Ramot Naftali, Al Mayadeen television reported

Russian GDP growth reaches 3.6% in 2023 — statistics

The GDP deflator index in 2023 against 2022 prices moved up by 6.3%

Tucker Carlson interviews Russian philosopher Dugin

The interview lasted over 20 minutes

Serbia sees China as reliable ally — candidate for premiership

Vucevic expressed the certainty that the Chinese President Xi Jinping’s upcoming visit to Belgrade "will mark a new stage in the development of the firm friendship between Serbia and China"

Nepal suggests Russia invest in country's hydropower industry, production of fertilizers

The Nepalese authorities believe that those issues would be discussed at the Investment summit that will take place in Nepal on April 28-29

Georgia’s riot police fire rubber bullets at protesters near parliament building

At least one person was injured

Cosmonauts’ salary will grow to around $6,500

According to First Deputy General Director of Roscosmos, today's salaries of astronauts from the United States or Europe are almost double the size of their Russian counterparts’ earnings

Slovak PM says will always stand for peaceful settlement of conflict in Ukraine

Robert Fico voiced criticism about the initiative of Slovak civic activists who have raised some four million euro to provide military assistance to Kiev

Russian envoy attends solemn event dedicated to liberation of Sachsenhausen death camp

Participants the mourning events laid flowers and wreaths to three memorials

Majority of Germans against sending Taurus missiles to Ukraine — poll

37% favored such supplies

Range of Russian EMP weapons increased to 10 km — sources

Фn electromagnetic pulse lasts a fraction of a second and reaches the target almost immediately, travelling with the speed of light

Russian missile cruiser Varyag enters Mediterranean Sea

The ship's crew continues to fulfill the mission it was given for the long-range voyage

Snowden says shot down UFOs meant to divert attention from Nord Stream sabotage

According to him, "it’s just the old engineered panic" to ensure that national security reporters "get assigned to investigate balloon" nonsense "rather than budgets or bombings"

Ukraine’s Dnieper 2 Hydroelectric Power Plant 'in critical condition,' official says

It is also reported that there was no threat of a dam break

Ukrainian politician: Kiev in no hurry to prosecute those behind 2014 Odessa massacre

Criminal inaction of law enforcement officials demonstrates lack of professionalism or unwillingness to bring to justice those responsible for the tragedy, the leader of Ukrainian Choice movement says

Kremlin spokesman says Zelensky’s fate is sealed

The comment concerns both the fate of Zelensky and the outcome of the Russian special military operation

Ties between China, Argentina shouldn’t be influenced by other nations — Chinese minister

Foreign Minister Wang Yi said Beijing and Buenos Aires should pursue an independent foreign policy, eliminate external interference and support each other to accelerate the economic development of both countries

Georgian parliament votes for foreign agents bill in second reading

According to the procedure, the bill is now to undergo the final, third reading. If supported, it will be sent to President Salome Zourabichvili for signature

Biden says alternative to sanctions against Russia would be Third World War

"Russia will pay a serious price for this short term and long term, particularly long term," the US leader stressed

Musk says Ukraine should have reached agreement with Russia in Istanbul

Musk responded that he saw eye to eye with billionaire David Sacks, who said on the social network X that Kiev probably should have agreed to a deal in Istanbul

British man, Belarusian woman detained near Buran hangar at Baikonur

The Roscosmos chief added that the investigation was underway

Lavrov informs Tajik counterpart about terrorism-prevention measures in Russia

Tthe two top diplomats agreed that it is necessary to continue developing the time-tested Russian-Tajik allied relations of strategic partnership and strengthen their positive dynamics

Palestine deserves a say in UN — Mozambique's ambassador

The Mozambican ambassador also added that his country supported a two-state solution of the Palestinian issue

Russian troops pummel Ukrainian army, equipment in 131 areas over past day

It is reported that Russian forces repulsed four counterattacks by formations of the Ukrainian army’s 5th and 92nd assault brigades near the settlement of Krasnoye in the Donetsk People’s Republic

Ukrainian presidential office confirms London’s agrement to Zaluzhny as ambassador

Verkhovna Rada legislator Alexey Goncharenko said on Monday that the UK had granted its agrement to the Ukrainian former Commander-in-Chief

Russian air defense forces block Ukrainian attempt to use ATACMS on Crimea — politician

The Ukrainians used several ATACMS ballistic missiles in an attempt to attack civilians on the peninsula

Panic on frontline growing on Ukrainian side — Kremlin

Russia must support the current dynamics in the special military operation zone, Dmitry Peskov said

Russian drivers bought 500,000 baseball bats last year to settle road disputes — police

Only one pair of baseball gloves and one ball was sold over that year

New York resident pleads guilty to conspiracy to smuggle drone technology to Russia

According to the US Department of Justice, the man may face up to five years in jail

More children killed in Gaza over 6 months than in all world conflicts in 4 years — UNRWA

Philippe Lazzarini pointed out that it is very difficult to get precise figures under war situation

West plans to give Kiev not only F-16s, but also weapons for them — Pentagon

"It’s not only the airplanes, but also the training of the pilots, training of the maintenance and also making sure we have the weapon systems to go with it," US Joint Chiefs of Staff Chairman General Charles Brown said

Putin makes 90-year-old writer, US resident Garri Karolinsky Russian citizen

According to media outlets, Garri Karolinsky resides in New York and in recent years, at the invitation of the Russian side, has participated in the Congress of Compatriots in Moscow and in compatriot forums held in Crimea

Ukrainian government allocates $392 million to buy more drones

Ukraine’s government has already allocated more than $1 billion to purchase drones this year

Russia says battlegroup East eliminated up to 100 Ukrainian soldiers, 4 ammunition points

The battlegroup's units improved their forward positions, said Alexander Gordeyev, a spokesman for the battlegroup

Houthis attack two commercial vessels, two US destroyers

Movement’s representative Yahya Saria said that the Ansar Allah delivered drone strikes on two US destroyers in the Red Sea. According to him, the hits "reached their targets"

Colombia to sever diplomatic relations with Israel on May 2 — president

The Colombian government is radicalized against Israel, but at the same time it has not condemned the Palestinian Hamas movement for its attacks

FACTBOX: North Atlantic Treaty Organization

NATO was founded by the North Atlantic Treaty signed on April 4, 1949 in Washington by the foreign ministers of 12 countries "to promote stability and well-being in the North Atlantic area"

Russia fighting puppet regime in Kiev, people to win from its defeat, security chief says

As Nikolay Patrushev said, ordinary Ukrainians have long understood that they were simply used as a bargaining chip, a tool to contain Russia

Russian Defense Minister attends meeting on special military operation

Russian Defense Minister Sergey Shoigu gave instructions to take measures to reduce the maintenance and repair time for military hardware, increasing supplies of spare parts in combat zones and support areas

Almaz-Antey adapts air defense launchers for various missiles

Russian air defense launchers have a bigger range than US Patriot in Ukraine, Sergey Druzin said

West bears responsibility for Afghanistan’s plight — Russian delegation

As the Russian delegation’s spokesman emphasized, "the determination of the Afghan authorities to correct the human rights situation in the country as a whole deserves support"

Russian government approves list of unfriendly countries

There are two countries on the list

Exhibition of captured NATO military hardware kicks off in Moscow

In all, there are 32 items

US, NATO countries intensify military activity in Arctic — Admiral Yevmenov

The practice of regular single and group cruises by ships and supply vessels of the US Navy and NATO countries has been introduced

US court sentences Binance founder to four months in prison — Bloomberg

A judge handed down a much lighter sentence than the three years sought by the prosecution, the agency reported

Prosecution agencies rule out authorities’ involvement in 1959 Dyatlov Pass incident

All members were experienced in long ski tours and mountain expeditions

Ceasefire not enough to achieve peace in Ukraine, says French president

Emmanuel Macron called on diplomats to step up efforts to pave the way for "lasting peace"

Latvia must name countries that allow Ukraine to hit Russia — MFA

In this way Spokeswoman Maria Zakharova commented on a statement by the Latvian Foreign Ministry that Kiev had already received from some partners Western weapons with permission to use them for strikes on Russian territory

Russia’s Battlegroup East improves positions in DPR, hits roughly 100 Ukrainian troops

Ukrainians lost two pickup trucks and two US-made 155mm M777 howitzers

Police using tear gas against protesters in Tbilisi

Police are trying to push the protesters off the building

Syria introduces electronic visas — embassy

Syrian diplomats explained to TASS that a relevant platform will issue visas online, obliterating the need to visit an embassy or a consulate