The Russian Finance Ministry has announced that a "large privatization" initiative will be launched this year, involving the sale of more than 100 items of state property.
"We are going to propose a 'large privatization' initiative. We believe that now is the right time to revisit this issue in 2025. New strategies for the development of state-owned companies must be approved to enhance their role in achieving national goals,” - said Finance Minister Anton Siluanov at the meeting with Russia’s Federal Agency for State Property Management.
According to tass.com, the Finance Ministry expects to generate between 100 billion rubles ($1.22 billion) and 300 billion rubles ($3.97 billion) from the privatization of state-seized assets in 2025.
Tass also reported that the Finance Ministry has added 59 new items to the list of federal property set for privatization.
“The ministry has once again updated the list of federal assets, with 59 new positions for privatization outside the forecast plan for the 2025-2027 period,” the report said.
In total, the list consists of 103 items of state property, including moveable assets, buildings, premises, and land plots currently occupied by them. The auction is scheduled for the second quarter of 2025.
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China’s Foreign Minister Wang Yi has held talks with his Russian counterpart Sergei Lavrov following recent military strikes carried out by the United States and Israel on targets in Iran, as tensions in the Middle East continue to rise.
The Kremlin is utilising the recent United States and Israeli military strikes on Iran to validate its ongoing war in Ukraine. Russian officials are pointing to the escalation in the Middle East as evidence that Western nations do not adhere to international rules.
Russian Foreign Ministry spokeswoman Maria Zakharova on Thursday (26 February) accused Ukraine of threatening Europe’s energy security by halting oil flows through the Druzhba oil pipeline to Hungary and Slovakia.
U.S. President Donald Trump said the U.S. military has enough stockpiled weapons to fight wars "forever"; in a social media post late on Monday. The remarks came hours before conflict in Iran and the Middle East entered its fourth day.
U.S. first lady, Melania Trump chaired a UN Security Council meeting on children and education in conflict on Monday (2 March), a move criticised by Iran as hypocritical following U.S. and Israeli strikes that triggered a UN warning about risks to children.
A torpedo from a U.S. submarine sunk an Iranian warship off the coast of Sri Lanka, U.S. Secretary of Defense, Pete Hegseth told reporters as the Iranian conflcit entered its fifth day on Wednesday.
The U.S. embassy in Riyadh was hit by two drones resulting in a limited fire and some material damage, the kingdom's defence ministry said in a post on X on Tuesday, citing an initial assessment.
Shahid Motahari Sub-Speciality Hospital in northern Tehran and parts of the Golestan Palace were bombed on day two of the U.S.‑Israel strikes. AnewZ Touraj Shiralilou is in Iran's capital city and said that the facility was flattened in an airstrike.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio.
Global debt surged to a record $348.3 trillion at the end of 2025, after nearly $29 trillion was added over the year, marking the fastest annual increase since the pandemic, according to the Institute of International Finance (IIF) report released on Wednesday.
Millions of Colombian roses have arrived in the United States just in time for Valentine’s Day, keeping the country on track as the world’s second-largest flower exporter. Between 15 January and 9 February, Colombia shipped roughly 65,000 tons of fresh-cut blooms.
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