01:37
Zelenskiyy says Ukraine lacks arms to retake Crimea
Ukrainian President Zelenskiyy said Kyiv cannot reclaim Crimea by force, as tensions grow over Trump’s peace plan proposal.
Russia to launch $1.2B privatization process in 2025, Finance Minister says
Reuters
Russian authorities are set to initiate a privatization drive aimed at selling state-seized assets valued at at least 100 billion rubles (approximately $1.22 billion) in 2025, Finance Minister Anton Siluanov announced at a meeting of the Federal Agency for State Property Management.
“We plan to intensify the privatization of property coming into the Treasury,” Siluanov said, adding that the process should secure more than $4.9 billion in dividends over the course of next year. However, he did not specify how the proceeds would be utilized.
Siluanov also noted that new development strategies for state-owned companies would need to be approved to enhance their role in achieving national goals. In a further move, the Finance Ministry has supplemented its list of federal property subject to privatization—adding 59 new items. These additional assets, which include 103 objects ranging from movable property to buildings, premises, and land plots, will be privatized outside of the forecast plan for 2025-2027.
The auction for these assets is scheduled to be held in the second quarter of 2025. The process reflects Russia’s broader efforts to streamline state assets and generate revenue amid evolving economic and strategic priorities.
14:32
Amid Trump envoy’s Moscow visit, Russian general dies in rare car bomb attack
A top envoy from President Donald Trump’s administration arrived in Moscow for talks with President Vladimir Putin on Thursday, just hours after a high-ranking Russian general was assassinated in a rare car bomb attack in the capital.
14:03
Peace deal
U.S. proposes framework for Ukraine-Russia peace deal in Paris
The U.S. has proposed a final peace framework to end the Russia-Ukraine war, offering a ceasefire, territorial compromises, security guarantees for Ukraine, and renewed economic ties with Russia, according to talks held in Paris.
12:45
Russia and Iran express readiness to build new overland gas corridors
Russia and Iran have signaled their commitment to deepen energy cooperation by working on new overland gas corridors, according to a statement from the Russian Cabinet.
10:13
Ukraine-Russia War
Russia shoots down scores of Ukrainian drones
Russia said its air defences shot down 87 Ukrainian drones over four border regions early Thursday, while simultaneous missile-and-drone strikes on Kyiv left at least 12 people dead and more than 100 injured.
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