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.
Russia is exploring opportunities for collaboration with the United States, particularly in the space sector, and is looking to hold talks with Elon Musk’s son about potential missions to Mars, despite challenges in restoring dialogue between the two nations.
The Trump administration is reportedly considering recognizing Crimea as part of Russia in a potential peace deal to end the war in Ukraine, with discussions also involving the United Nations.
Ukrainian air defenses have successfully destroyed 63 Russian-launched drones during an overnight strike, showcasing the country's continued ability to protect its skies amid ongoing aerial attacks.
Russian President Vladimir Putin has given a U.S. hedge fund permission to buy securities in Russian companies from certain foreign stakeholders and authorised their future sale to two Russian funds, a presidential decree showed on Monday.
EU Council has adopted its position on a regulation that will impose tariffs on remaining agricultural products from Russia and Belarus, as well as certain nitrogen-based fertilizers. These tariffs aim to reduce Russian export revenues, limiting Russia's ability to finance its war against Ukraine.
NHL stars, including Sidney Crosby and Erik Karlsson, will take the ice in Sweden as the Penguins and Predators face off in the Global Series at Avicii Arena on Nov. 14 and 16. Fans eager to see hockey’s biggest names, like Crosby and Connor McDavid, prompted the league’s international push
The suspension of nearly all USAID funding by the Trump administration is shuttering vital humanitarian and anti-gang programs in Colombia’s poorest regions, jeopardizing the implementation of the country’s 2016 peace deal with leftist FARC rebels.
U.S. President Donald Trump and Russian President Vladimir Putin discussed the Ukraine war in a phone call Tuesday, with Washington hoping to secure a 30-day ceasefire and progress toward a lasting peace. While Kyiv has agreed, Trump aims to persuade Putin to fully commit to the truce.
A tragic plane crash off the coast of Honduras has left at least 12 dead, including renowned musician Aurelio Martinez Suazo. The Jetstream aircraft plunged into the sea minutes after takeoff from Roatán Island, with five survivors rescued. Search efforts continue amid challenging conditions.
Europol has warned that organised crime gangs are increasingly leveraging artificial intelligence to scale up scams and payment systems, making their operations more global, cost-efficient, and difficult to detect.
The inside of a Herculaneum delicate & ancient scroll, unseen for nearly 2,000 years, has been revealed using Artificial Intelligence.
World leaders welcomed the 30-day ceasefire proposal that Ukraine has agreed to, calling it a step toward ending the conflict with Russia.
Regarding the Armenia-Azerbaijan process, we cannot forget the years of occupation, and we will not forget them, President Ilham Aliyev said in his speech at the opening ceremony of the 12th Global Baku Forum.
President Donald Trump has vowed to respond to the European Union's counter-tariffs, escalating tensions over the U.S. steel and aluminum duties that have sparked a trade dispute between the two economic powers.
Speaking at a meeting of AIPAC’s board of directors, Israeli Foreign Minister Gideon Sa’ar stated that the decision to resume strikes in Gaza was made several days ago and that the military operation will persist beyond today.
Russian President Vladimir Putin on Tuesday cautioned his economic team against overcooling the national economy through overly tight monetary policies ahead of the central bank's impending rate decision.
Brazil’s government on Tuesday unveiled a long-promised income tax reform aimed at exempting individuals earning up to 5,000 reais (approximately $881) per month from paying income tax.
Tear gas filled the air as French police raided a Paris theatre at dawn, evicting over 400 migrants who had been squatting there for months. Protesters shouted "shame" as riot police moved in, sparking clashes. The migrants, mostly West Africans, say they have nowhere else to go.
NHL stars, including Sidney Crosby and Erik Karlsson, will take the ice in Sweden as the Penguins and Predators face off in the Global Series at Avicii Arena on Nov. 14 and 16. Fans eager to see hockey’s biggest names, like Crosby and Connor McDavid, prompted the league’s international push
NHL stars, including Sidney Crosby and Erik Karlsson, will take the ice in Sweden as the Penguins and Predators face off in the Global Series at Avicii Arena on Nov. 14 and 16. Fans eager to see hockey’s biggest names, like Crosby and Connor McDavid, prompted the league’s international push
The suspension of nearly all USAID funding by the Trump administration is shuttering vital humanitarian and anti-gang programs in Colombia’s poorest regions, jeopardizing the implementation of the country’s 2016 peace deal with leftist FARC rebels.
U.S. President Donald Trump and Russian President Vladimir Putin discussed the Ukraine war in a phone call Tuesday, with Washington hoping to secure a 30-day ceasefire and progress toward a lasting peace. While Kyiv has agreed, Trump aims to persuade Putin to fully commit to the truce.
A tragic plane crash off the coast of Honduras has left at least 12 dead, including renowned musician Aurelio Martinez Suazo. The Jetstream aircraft plunged into the sea minutes after takeoff from Roatán Island, with five survivors rescued. Search efforts continue amid challenging conditions.
Europol has warned that organised crime gangs are increasingly leveraging artificial intelligence to scale up scams and payment systems, making their operations more global, cost-efficient, and difficult to detect.
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