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Qiwi projects $247 mln loss over sale of Russian assets

Moreover, Qiwi plc acknowledged impairment by $155 mln in 2023 due to the same reason

MOSCOW, April 23. /TASS/. The international company Qiwi plc, which owns former assets of the Qiwi group outside Russia, projects 22.7 bln rubles ($247 mln) loss in 2024 due to deal on sale of Russian business, the company told TASS with reference to its preliminary estimates.

Moreover, Qiwi plc recognized an impairment loss of 14.4 bln rubles ($160.6 mln) in 2023 due to the same reason. However, the group still seeks for Nasdaq listing, which has been suspended for two years already, and it plans to confirm the lack of violations on its side through the US Treasury’s Office of Foreign Assets Control (OFAC).

"Nasdaq halted trading of the company’s ADSs in 2022. In April 2023, Nasdaq has conditionally accepted the company’s plan of restructuring in order to avoid delisting of Qiwi ADSs. The company duly informed the Nasdaq Hearings Panel and the Nasdaq Staff on the completion of the restructuring process and the sale of its Russian operations. In response, the Panel requested the company to obtain an opinion from OFAC in order to allow the company’s ADSs trading suspension to be lifted. The company believes that following the sale of Russian operations, Qiwi plc is in compliance with the OFAC rules and the Nasdaq listing requirements. We intend to apply to OFAC for its confirmatory opinion. We understand the response from OFAC may take considerable time, although there is no indication on how long the process will take. Until the opinion is obtained the trading halt of Qiwi securities on Nasdaq will remain," the company said in its 2023 financial report.

Qiwi has also submitted its annual report on Form 20-F to the US Securities and Exchange Commission. It says, in particular, that Qiwi plc is against cancelling the deal on sale of assets. The statement follows a claim initiated by the Deposit Insurance Agency, which lodged a complaint against Qiwi plc itself, a Hong Kong-based company that currently owns Russian assets Fusion Factor Fintech Limited, and the Russian structure JSC Qiwi.

Russia changes Ural oil price calculation for taxes — law

Russia used before the maximum oil price chosen among the discount against the Brent or the price in Russian ports multiplied by the cost of transportation to Europe (the notional value of $2) when calculating oil prices

Russia not going to leave strikes deep inside country unanswered — Putin

"As I have repeatedly said, we will always respond," the president emphasized

Syrian forces begin counteroffensive near Aleppo — TV

According to the report, the government forces have already liberated the town of El Bakoum

Case against Ukrainian militants, Ukrainian losses: situation in Kursk Region

Over the past day, the enemy lost more than 250 men, an infantry fighting vehicle, an armored fighting vehicle, six cars and five mortars

Chad severs defense cooperation agreement with France — AFP

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Kiev troops attempted to kill British mercenary who surrendered to Russians — officer

In his words, they fired conventional 120mm mortar rounds, silent munitions and at least one FPV drone with a fragmentation charge

US president, not individual politicians, should make all decisions — Lavrov

Decisions are made by the supreme commander-in-chief, the top Russian diplomat said

Israel ready for all-out war should Lebanon ceasefire be disrupted, PM says

"If the agreement is violated, we will proceed to an all-out war," Benjamin Netanyahu told

Putin apologizes to Merkel over labrador incident

The president said that he "wanted to create a casual, friendly atmosphere" and did not know that the former German chancellor was afraid of dogs

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Russian forces now control about eight hectares of land near LPR’s Stelmakhovka — expert

Andrey Marochko noted that after liberating Pershotravnevoye in the Kharkov Region and creating a bridgehead there for further advance, the Russian servicemen advanced to the west of the occupied borders

Ukraine not South Korea's ally to demand weapons — newspaper

The author of the article recalled that in September the Ukrainian ambassador to Tokyo visited the Yasukuni Shrine, considered in East Asia as a symbol of Japanese militarism, of which the Korean Peninsula was a victim

Kiev 'experimented' with using NATO troops in Kursk hostilities — official

Igor Kimakovsky added that the addition of foreign troops didn't help the armed forces of Ukraine because of effective measures taken by Russian intelligence and Aerospace Defense Forces

Putin declares Kazakhstan visit a success

The Russian leader pointed out that Kazakhstan is more than just a trusted ally of Russia

Kiev opposes Washington's demand for lowering draft age — media

A representative of US President Joe Biden's administration had earlier stated that the Ukrainian military is facing a critical manpower shortage

Russia may block agenda of US Security Council presidency next month — mission to UN

First Deputy Permanent Representative of Russia to the UN Dmitry Polyansky said that the US may try to complicate life for the successors to the presidency

Georgia suspends consultations on launch of EU accession talks until 2028

According to Prime Minister Irakli Kobakhidze, Georgia needs to make European bureaucrats understand that they should use decent language with the country rather than employ blackmail and insults

Russian forces wipe out five ATACMS launchers using Iskander missiles

In particular, two MLRS launchers and a transporter-loader vehicle were destroyed near the settlement of Tokari, and three HIMARS launchers were taken out near the settlement of Maly Bobrik, the statement reads

Nuclear arms unable to protect Ukraine, likely to aggravate conflict — Chinese expert

"If Ukraine were to acquire nuclear weapons again, they would not only fail to enhance its security, but would escalate the Russia-Ukraine conflict into a potential nuclear war," Sun Qi said

Israel violates ceasefire agreement multiple times — Lebanese army

According to the statement, the Lebanese military command "is keeping an eye on [Israel’s] violations in coordination with the relevant agencies"

Russia’s SVR chief questions role of NATO membership for Finnish people

"History shows that cooperation with Russia benefited Finland more than its previous attempts to follow the lead of aggressive Russophobic and even neo-Nazi policies," Sergey Naryshkin noted

Ukraine demolishes buildings with soldiers inside as Russian forces advance — DPR leader

Amid the successful advance of Russian forces, Ukrainian troops have been indiscriminately attacking civilian neighborhoods in Gorlovka, which is adjacent to Dzerzhinsk, Denis Pushilin said

Press review: CSTO discusses Russian weapons as US and Russia continue prisoner talks

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One in three relocated individuals return to Russia from Ukraine — diplomat

Maria Zakharova pointed out that the Kiev regime itself brands these figures as "terrible"

Romania, Poland, Germany, UK plan to divide Ukraine — Russia's foreign intel

"A total of 100,000 so-called peacekeepers are planned to be sent to Ukraine," the SVR noted

Kiev regime’s ringleaders completely illegitimate, says Putin

"From the legal point of view, they do not even have the right to give orders to the armed forces, because they are usurpers of power," the president said

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"The development of a super-heavy class rocket exposed a need for introducing innovative solutions, including new materials and engines," the press service said

Clashes between protesters, police break out in Georgian capital

Police officers are using tear gas, trying to push protesters back

Decision-making centers in Kiev could be targeted in Oreshnik strikes — Putin

The Russian leader also mentioned military facilities and defense industry enterprises as possible targets

Russians wipe out three Ukrainian strongholds, over 20 Azov fighters in advance on Kharkov

According to Andrey Marochko, during their advance near Kopanki, which was liberated earlier this week, the Russian forces improved their tactical positions southwest of the locality as they also expanded their control zone at this sector of the line of engagement

Oreshnik becomes serious problem for Ukraine — Polish general

According to Waldemar Skrzypczak, satellite reconnaissance failed to detect the launch and flight of this missile

Root causes need to be addressed to settle Ukrainian conflict — Kremlin spokesman

"Everything here is much deeper than a decision to send a peacekeeper mission," Dmitry Peskov said

Iran challenges US, UK, France military capabilities, IRGC general says

"The entire military potential of the US, UK, and France was mobilized to prevent Iran's operation, but the IRGC completed its mission," Ali Fadavi said

Russia’s top diplomat slams NATO for discussions of preemptive strikes on Russia

"These claims were made by some admiral. Absolutely reckless. They have a lot of high-ranking military officials who have never even seen real battle," Sergey Lavrov stated

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Up to 200,000 deserters in Ukrainian army, Verkhovna Rada MP says

Ukrainian troops are leaving their duties, as "bone-tired by the constancy of war, they are psychologically and emotionally scarred," the article reads

Russia ready for talks with Ukraine on conditions proposed in June — Putin

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"Regional and global peace cannot be achieved unless an urgent, just, lasting ceasefire is established in Gaza," the Turkish leader stressed

Biden unlikely to dare to seriously increase military aid to Kiev — expert

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North Korean defense minister notes extensive exchanges with Russia

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Russia designs Titan rifle for commandos

The rifle is reliable with precise and dense fire

Three dead, 21 poisoned in social center in Russia’s Altay Region

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"The Israeli Air Force attacked the terrorists," IDF said

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Russia's opponents see Finland as springboard in case of open conflict — politician

Leonid Slutsky noted that the current and previous leadership of Finland has been and remains engaged "on the lower turn of the sine wave, which is now marked by a sharp cooling of bilateral relations"

Ukrainian forces follow Russian troops’ example to use fiber optics drones, Putin says

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"In general, the doctrine is uncomplicated, clear, and transparent," Sergey Shoigu noted

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Situation with ruble rate under control — Putin

The Russian leader stressed that "there are definitely no grounds for panic"

No existing missile defense system can counter Oreshnik — US expert

Theodore Postol also vehemently rejected suggestions that the Oreshnik system represents previous outdated developments of Moscow

Russia, North Korea remain good neighbors, longtime friends — Russian defense minister

"The most important outcome of the summit was the signing of a new fundamental interstate document - the Treaty on Comprehensive Strategic Partnership between Russia and North Korea," Andrey Belousov stressed

Russia developing echeloned system for air and missile defense — expert

Alexander Stepanov pointed out that "this also applies to intermediate-range high-precision systems such as the Tomahawk and other weapons that NATO countries may provide to Ukraine"

Zelensky shook up by Russia’s response to permission to attack it — Lavrov

According to the Russian foreign minister, the West is directly involved in the use of long-range weapons against Russia, as not a single missile could be launched without its involvement

Hungarian PM’s office rules out his trip to Moscow for 80th anniversary of Victory

Gergely Gulyas was commenting on the decision of Slovak Prime Minister Robert Fico to go to the Russian capital to celebrate the anniversary of Victory at the invitation of Russian President Vladimir Putin

Hungarian PM sounds alarm over presence of US, French troops in Ukraine

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Protests break out in Georgia after ruling party moves to suspend talks with EU

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Strike on NATO bases possible in case of escalation, Medvedev says

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Russian scientists to develop computer working at ‘speed of light’ by 2027 — researcher

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Groundless attacks on Russian journalists become trend in West — TASS

"When you want to find a black cat in a dark room, but the cat is a myth, you can find fault with anything," First Deputy Director General Mikhail Gusman noted

Ukrainian media reports plant in Lvov Region destroyed

The plant specializes in manufacturing bits for drilling artesian, oil, and gas boreholes

Over 400 terrorists from Jabhat al-Nusra group wiped out in Aleppo, Idlib in past day

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West tired of Ukrainian conflict, while Russia ready to continue it — magazine

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Russian diplomat says West sought to misrepresent Oreshnik strike, cast it as aggression

Maria Zakharova pointed out that for some, this was obviously a sobering moment, while for others it came as an unexpected surprise

No injuries in Ukrainian drone attack on Russia's Krasnodar Region

Earlier, the Russian Defense Ministry reported that eight drones fired by Ukraine at the Krasnodar Region were destroyed

Russia’s nuclear umbrella extends to post-Soviet security bloc under new doctrine — Shoigu

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Explosions occurred in Kiev, Nikolayev, Vinnitsa, Kropivnitskoye, Odessa, Kharkov, Lutsk, Ivanovo-Frankovsk, and Rovno

Qatar holds negotiations to expand areas of mediation between Russia, Ukraine

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Executioner of Nazi war criminal Eichmann dies in Israel aged 86

The Israeli authorities have long kept his name secret

Iran informs IAEA of plans to install more uranium enrichment units — report

Tehran informed the IAEA that eight recently added cascades of IR-6 machines would enrich uranium to up to 5% purity

Export duty on coking coal to be canceled from December 1 — Russian Energy Minister

Russia currently has the moratorium in effect on the steam coal export duty

NATO spies study damage from Oreshnik at Yuzhmash — expert

Alexander Stepanov emphasized that both Kiev and its Western allies are closely scrutinizing the consequences of the strike on the plant

Ukrainian group of 22 servicemen surrenders in Kursk Region — law enforcement officials

Photos and videos of the surrender were also posted by military reporter and expert Boris Rozhin on his Telegram channel

Paris grants Netanyahu immunity for Lebanon ceasefire role, French magazine says

The report indicates that shortly after the ICC issued its warrant, Macron had a phone conversation with Netanyahu, in which he acknowledged that Paris was obliged to respect the ICC and cooperate fully

Russia launches 100 missiles at Ukraine in past two days — Putin

According to the president, overnight, the Russian Armed Forces launched a comprehensive strike with 90 missiles and 100 drones, hitting 17 Ukrainian military targets

Unidentified UAVs continue to appear over US Air Force bases in UK — newspaper

On Tuesday, about 60 British military experts were stationed at US airbases across the UK to operate a counter-UAV system to operate a counter-UAV system designed to detect, track and destroy them

FACTBOX: Impact of UAV attack on Krasnodar Region

Air defense forces repelled a massive drone attack on the Slavyansk and Krasnoarmeysky districts of the Krasnodar Region overnight

West beginning to realize only part of Ukraine will remain — Lavrov

According to the Russian foreign minister, this represents the "confrontational logic" of the West

Russia winning in Ukrainian conflict, Polish national security chief says

"The Russian side unquestionably holds both the initiative and the advantage on the battlefield," Head of the Polish National Security Bureau Jacek Siewiera said

Kiev can only produce 'dirty bomb,' Russia to give appropriate response — Putin

"Of course, it’s possible to produce something dirty - the so-called 'dirty bomb' - using waste from nuclear power plants," the Russian leader emphasized

Belarusian President Lukashenko points to 'NATOfication' of Europe, entire world

"The arms race is rapidly gaining momentum," Alexander Lukashenko underlined

Three countries express interest in BrahMos missiles

"Talks are being held with Indonesia, Vietnam, and the United Arab Emirates," Alexander Maksichev revealed

Kiev has ‘no chance’ of retaking lost territories — Blackwater founder

Erik Prince noted that it was necessary to end the Ukrainian conflict as soon as possible

Oreshnik’s massive strike comparable to nuclear weapons — Putin

The Russian leader additionally stressed that "certainly, Oreshnik is not a weapon of mass destruction"

IN BRIEF: How Russia responded to Kiev’s strikes deep into its territory

Here are the key points about the strikes on Ukrainian military-industrial facilities

Defense Minister notes active expansion of Russia-North Korea military cooperation

"We look forward to close and fruitful cooperation with our Korean comrades," Andrey Belousov said

Bilateral exchanges between Russia, North Korea their own business — Chinese MFA

Mao Ning also stated that she was not aware of the details of Belousov's visit and reiterated that China's position on the Ukrainian crisis remains consistent

Several Oreshnik missiles equivalent to nuclear strike, do not harm environment — Putin

The Russian president still reiterated that such a strike is not nuclear, because it is highly accurate and not equipped with a nuclear explosive device

Putin concludes state visit to Kazakhstan

Before leaving, the Russian president was answering journalists’ questions on various subjects for almost an hour

Biden's decision on ATACMS 'not panacea', it will harm Kiev — Defense News columnists

The article reads that the US intelligence community warned of the risks associated with US missile strikes on Russian territory and suggested abandoning the decision

Takeaways from Putin’s Q&A session in Kazakhstan: Oreshnik missile, inflation, ruble

The Russian president also spoke about inflation and the ruble exchange rate, noting that the situation is under control

Georgian Police pushes protesters from entire Rustaveli Avenue in Tbilisi

Several people were apprehended

NATO growing more inclined to freeze Ukraine conflict — Russia’s SVR

"NATO has been unfolding training centers in Ukraine in an effort to train at least 1 million mobilized Ukrainians," the SVR highlighted