YUKOS jumped 9.2 percent to $4.75 on the RTS exchange on positive news. Thus, the embattled oil company was allowed to make payments using funds on its accounts, which resulted in YUKOS ADRs' surge in London. The announcement of the possibility of selling 56 percent in gas producing company Rospan to BP-TNK for $357m is a positive factor for YUKOS, as Rospan is its non-core asset unlike Yuganskneftegaz. YUKOS bought this stake in Rospan for smaller price, analysts point out. Other blue chips also headed higher at the opening. Rostelecom advanced 3.24 percent, LUKoil and Uralsvyazinform edged over 2 percent higher. However, experts say that one should not await a firm upward trend on the stock market as the news background may change at once.
Putin's official spokesman Dmitry Peskov commented on remarks in the US media about failures in launching nuclear-capable missiles in Russia
More than 5.8 million people voted for Nicholas Maduro at the presidential election in Venezuela. This is more than a quarter of registered voters. Why did those people vote for the man, who, as Western media write, took Venezuela to the brink of collapse?
It has long been understood that the West has been trying to subject Russian borders to total control. We have not seen such activity even during the Cold War