Russian Oligarch Oleg Deripaska May Have Probed Vladimir Potanin Using Ex-FBI Agent Who Was Thorn In Trump’s Side


The indictment alleges that Deripaska retained a former FBI agent and a former Russian diplomat to investigate the assets of a rival oligarch, which Forbes found likely refers to Vladimir Potanin, Russia’s second-richest person.


Last Monday, the U.S. Department of Justice dropped a bombshell when it indicted a former FBI agent and a former Russian diplomat and interpreter on charges of money laundering and violating sanctions to help sanctioned Russian oligarch Oleg Deripaska. The 21-page indictment reads like the script of a mobster flick: the defendants refer to their sanctioned client as “our friend from Vienna,” “you know whom” and “the big guy.”

But the most striking allegation is that Deripaska sought to retain the former special agent, Charles McGonigal, and the former diplomat, Sergey Shestakov, to conduct an investigation into another, unnamed Russian oligarch with whom Deripaska was “contesting control over” a “large Russian corporation” in the spring of 2021. The effort allegedly involved looking into the rival oligarch’s assets outside of Russia and the possibility that he held another passport besides his Russian one.

A person familiar with the situation told Forbes that “probably [the oligarch] is Vladimir Potanin.” Vladimir Potanin is one of Russia’s richest people with an estimated $27.5 billion fortune. The “Russian corporation” likely refers to Norilsk Nickel, one of the world’s largest producers of nickel and palladium, also known as Nornickel.

“Deripaska was collecting materials to file a lawsuit in London [against Potanin] in order to force a new shareholder agreement for Norilsk Nickel to be concluded on the same terms,” the person added. A representative for Deripaska did not immediately respond to a request for comment.

It’s not the first time that Deripaska and McGonigal have been in the spotlight: They were both involved in the FBI investigation into the contacts between Russia and Donald Trump‘s 2016 presidential campaign. An FBI deputy assistant director stated in 2020 that an email from McGonigal in 2016 regarding Trump campaign advisor George Padadopoulos’ claims to have “political dirt” on Hillary Clinton helped spark the Trump-Russia investigation, while the FBI reportedly attempted to recruit Deripaska as a potential informant, given that he had previously employed Paul Manafort, Trump’s former campaign chairman, as an adviser. In a post on his Truth Social platform on Tuesday, Trump said of McGonigal: “May he Rot In Hell!”

Starting in 2018, the indictment alleges, McGonigal began working with Shestakov and an “employee and agent of Deripaska” cited as “Agent-1.” The indictment lays out the lengths to which McGonigal and Shestakov allegedly went to dig up dirt on the rival oligarch. The effort began in August 2021, when the two defendants, working with “Agent-1,” drafted and executed a contract with a Cyprus corporation that would in turn pay a New Jersey-based firm—owned by a friend of McGonigal—$41,790 a month and $51,280 upon execution of the contract for “business intelligence services, analysis, and research relevant to the [Russian corporation], its business operations and shareholders.” Between August and November 2021, the New Jersey-based firm received a total of $218,440 in payments wired from a Russian bank, according to the indictment.

As part of the investigation, McGonigal allegedly retained a subcontractor to carry out a “soup to nuts” investigation of the oligarch and the Russian corporation. In October 2021, the subcontractor told McGonigal that a third party had located “dark web” files that revealed “hidden assets valued at more than $500 million” and “other information that McGonigal believed would be valuable to Deripaska.” The indictment further alleges that McGonigal and Shestakov negotiated with “Agent-1” to obtain funds from Deripaska to purchase the dark web files between late October and late November 2021; FBI special agents seized their personal electronic devices on November 21, 2021.

The feud between Deripaska and Potanin dates back to April 2008, when Deripaska’s Rusal purchased a 25% stake in publicly traded Nornickel from Russian billionaire Mikhail Prokhorov in a cash-and-stock deal—estimated to be worth $14 billion—that included giving Prokhorov a 14% stake in Rusal. Prokhorov was Potanin’s original partner in Nornickel, with the two men cofounding banking group Oneximbank in 1993 and later acquiring Nornickel through the infamous loans-for-shares scheme in the 1990s—an arrangement in which Potanin and other businessmen provided financial backing for the reelection campaign of Russian president Boris Yeltsin, in return for stakes in state-owned energy and commodities assets obtained at bargain prices if Yeltsin won. (He did.)

Soon after the 2008 deal closed, Deripaska and Potanin clashed over Potanin’s influence over Nornickel’s board, the company’s share buyback plan and purchases of assets from Potanin’s Interros. They first reached a truce that December, when Rusal dropped its legal claim against Nornickel over the company’s share buyback. But the battle had flared up again by August 2010, when Rusal filed a request for arbitration against Potanin’s Interros in the London Court of International Arbitration and launched a website named “Save Norilsk Nickel” the following month.

Another Russian oligarch, Roman Abramovich, stepped in two years later to cool the tensions. He and his partners, fellow billionaires Alexander Abramov and Alexander Frolov, purchased a 6% stake in Nornickel for $1.5 billion in December 2012. Abramovich, Potanin and Deripaska then agreed to form a board with Potanin and Deripaska nominating four members each plus one for Abramovich. The deal, set to last for a decade (it expired on January 1, 2023), also kept Potanin as Nornickel’s CEO and committed Nornickel to a new dividend policy.

But the deal came under strain in 2018, when Potanin attempted to buy part of Abramovich’s shares in Nornickel—a move challenged by Rusal and halted by a London court in June 2018. Abramovich later sold some of his stake to Potanin in early 2019. By August 2020 Potanin was calling the agreement a “relic of the past” in an interview with Reuters.

Things appeared to have calmed down by April 2021, when Rusal stated it was “satisfied” with a decision by Nornickel’s board to buy back shares worth $2 billion. It was around that same time, the U.S. indictment alleges, that Deripaska had begun to seek an investigation into his rival oligarch in the spring of 2021. For his part, Potanin began expanding his empire after Russia’s invasion of Ukraine last February, re-purchasing Russian banking group Rosbank from French firm Société Générale last April and snapping up Russian bank Tinkoff Bank two weeks later, both for undisclosed amounts.

As recently as last July, Potanin was publicly musing about a potential $60 billion merger between Rusal and Nornickel, months before the January 1, 2023 expiration date of the 2012 agreement. But it became a non-starter after Potanin was sanctioned by the U.S. on December 15, 2022. Deripaska had already been sanctioned by the U.S. in April 2018. (Both men have also been sanctioned by the U.K., but the EU has only sanctioned Deripaska while leaving Potanin untouched—potentially due to Europe’s dependence on Nornickel’s nickel and palladium exports.)

The latest salvo in the Deripaska-Potanin fight came on October 21, when Rusal filed a lawsuit in London’s High Court against Potanin. “Rusal’s claims are based on Mr. Potanin’s failure to fulfill his duties as Norilsk Nickel’s managing partner and CEO,” Rusal said in a statement announcing the lawsuit. “Under the management of Mr. Potanin, Norilsk Nickel lost a number of assets that played a key role in [the] group’s activities. This resulted in Norilsk Nickel and its shareholders suffering significant losses.” (Potanin owns 37% of Nornickel through his investment holding company Interros, while Deripaska has a 45% stake in publicly traded En+ Group, which in turn owns 26% of Nornickel plus 57% of Rusal.)

In the statement, Rusal also claimed that it “continuously tried to enter in constructive dialogue with Mr. Potanin for an out-of-court settlement” but “these attempts have been unsuccessful.”

Whether that “constructive dialogue” includes Deripaska’s alleged illegal investigation of Potanin’s assets or not, the war between the two oligarchs shows no signs of fading away.

Additional reporting by Elena Berezanskaya.

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Ukraine war: A month-by-month timeline of the conflict

February: The invasion begins

Russia invades on 24 February, a day etched in the mind of every Ukrainian.

Fierce fighting erupts in northern Ukraine as tens of thousands of Russian troops try to take the Ukrainian capital and decapitate the country. Wagner mercenaries are reportedly redeployed from Africa to assassinate the Ukrainian president.

A defiant Zelenskyy films himself walking through the streets of Kyiv, delivering a clear and compelling message: “I am here. We will not lay down any weapons.”

The move by the former comedian-turned-politician instantly becomes a PR masterstroke, rallying ordinary Ukrainians and the world behind him.

The EU throws open its doors to hundreds of thousands of refugees pouring out of Ukraine, with neighbouring countries like Poland, Hungary and Romania heavily praised for their generosity. 

Some criticise the double standards shown by the bloc towards Ukrainians compared to those escaping violence in the Middle East or North Africa.

The United Nations overwhelmingly condemns Russia’s aggression and the West slaps sanctions on Moscow.

March: Horror in Bucha

Shockwaves from the Russian invasion reverberate around the world. 

Food and energy prices climb as attention turns to the wider impact of the war. There are pointed concerns about the cost of living in the west, while food security becomes a worry across huge swathes of the developing world. 

Russian forces encounter stubborn resistance around Kyiv and their advance starts to splutter and stall. Snaking convoys of tanks and military vehicles clog up roads, as military logistics and communications break down.

Some senior Russian commanders are killed trying to check on what is happening at the front.

Grizzly evidence of war crimes emerges as Russian forces pull back from areas around Kyiv. Hundreds of bodies of civilians are found in mass graves in Bucha. Many were bound and shot at close range, while others show signs of torture and rape.

But Russia’s push to capture the Ukrainian capital has failed – for now.

Russia begins cracking down on independent media and festering opposition to the war inside the country, with several local stations shut down and access to foreign media restricted.

April: A new phase of war

A Russian missile strike hits a train station in Kramatorsk on 8 April, killing at least 50 civilians — including women and children — and wounding more than 100. Most of them were trying to evacuate to safety, say Ukrainian officials.

This catastrophe kicks off Moscow’s pivot towards the east as it launches a new offensive to seize the Donetsk and Luhansk regions.

A suspected Ukrainian missile sinks the flagship of Russia’s Black Sea Fleet, the Moskva. It is a major blow to Moscow’s naval supremacy and military prestige

Parents start asking questions about the fate of their missing sons as authorities remain tight-lipped about casualties among the ship’s 500-strong crew.

Nearly two-thirds of Ukraine’s children are now displaced by war, says the UN.

May: NATO grows

Sweden and Finland unveil their bids to join NATO, although there is political opposition from Turkey and Hungary which will continue all year. 

The pair were closely aligned with NATO for decades, but not formally part of the organisation. 

Russian President Vladimir Putin has cited NATO expansion as one of the main reasons for invading Ukraine, but it appears the invasion has had the opposite effect of strengthening the western military alliance.

Russia holds its yearly Victory Day Parade on 9 May to mark the USSR’s defeat of Nazism in the Second World War. 

In a rare glimpse of lighter news, Ukraine wins the Eurovision song contest, though Italian police reveal the event was targeted by Russian hackers.

Fighters in the Azovstal steel mill — the last pocket of Ukrainian resistance in Mariupol — finally hoist up the white flag. Holding out for several apocalyptic weeks in the sprawling Soviet industrial complex, their dogged struggle was watched closely by the world.

June: 100 days of war

100 days of war have now passed. Tens of thousands lay dead, millions more are uprooted from their homes and Ukraine’s historical and cultural sites are devastated by fighting.

Nike leaves Russia, becoming the latest in a string of western brands to exit the country over the war. Experts say these high-profile departures, along with international sanctions, are crippling the Russian economy

However, there are still debates about Russia’s economic resilience and whether sanctions are the right approach, with some claiming they unduly affect ordinary Russians and play into the government’s anti-western rhetoric. 

But Russia is not the only one struggling. A global food crisis is looming, with millions of tonnes of Ukrainian grain languishing in silos since the start of the war. 

Up to 181 million people in 41 countries could face acute food insecurity and outright famine, UN projections show.

Ukrainian forces recapture Snake Island, a tiny islet off the coast of southern Ukraine in the Black Sea.

July: Russian advances in the east

The last city in the eastern Luhansk region falls to the grinding Russian invasion. Ukraine’s embattled forces focus on defending Donetsk, the second part of the prized Donbas. 

The Donbas, a heavily industrialised region in eastern Ukraine, has become the site of the biggest battle in Europe in generations.

Inflation reaches record highs in the Eurozone, with the euro and the dollar reaching parity (1 EUR = 1 USD).

Russia begins to periodically shut down the Nord Stream gas pipelines in a bid to ratchet up pressure on Europe. European leaders are spooked, teetering on the edge of an energy precipice ahead of winter.

Ukraine and Russia agree to a landmark deal allowing Ukrainian grain to be exported across the Black Sea. It is a major breakthrough aimed at easing the global food crisis — one that brings a moment of reprieve to millions.

HIMARS missiles from the US begin hitting Russian ammo depots, logistics and command and control systems.

August: Gas exports to Europe stop

Amnesty International publishes a report that accuses Ukraine of riding roughshod with civilian life by placing its military in residential areas. Kyiv acts with outrage, while others maintain its armed forces are not above scrutiny, even if the country is under attack. 

Powerful explosions rock an airbase in the Russian-occupied Crimea peninsula.

No side says what they think is behind the string of blasts, which destroy several Russian planes and damage more than 80 buildings. But Ukrainian Defence Minister Oleksii Reznikov suggests that Russia’s “military guys” had failed to observe a “very simple” rule: “Don’t smoke in dangerous places”.

Ukraine and Russia have been flirting with catastrophe at the Zaporizhzhia nuclear power plant in southern Ukraine for months. But now UN chief Antonio Guterres says the pair should stop their “suicidal attacks” on the nuclear plant, saying both sides should end fighting there. 

A suspected car bomb goes off in Moscow killing TV commentator Daria Dugina, though observers think her father Aleksandr Dugin – dubbed ‘Putin’s brain’ – may have been the intended target.

All gas exports to Europe are halted on 31 August, with Russia’s state-owned energy giant Gazprom citing maintenance work on the Nord Stream 1 pipeline. Prices surge immediately. 

September: Mobilisation

Ukraine launches a rapid counter-offensive in the northeastern Kharkiv region, sending Russian units into retreat. 

Zelenskyy raises the Ukrainian flag in the war-scarred city of Izium on 10 September. Occupied by Russia for six months, it is a big strategic win for Kyiv. 

Putin announces a “partial mobilisation” of 300,000 troops to fight in Ukraine, triggering a mass flight of Russians escaping conscription into neighbouring Georgia and Kazakhstan.

The US claims “hundreds of thousands” of Ukrainian citizens are being forcibly deported to Russia in a “series of horrors”.

Almost 1,200 protestors are arrested in cities across Russia after the call-up, as the authority’s vice-like grip on anti-war dissent tightens. Many of these demonstrations are in areas populated by Russia’s ethnic minorities, who claim they are disproportionately targeted by the draft. 

Russia officially annexes Donetsk, Kherson, Luhansk and Zaporizhzhia on 30 September. In a move branded illegal under international law, Putin says the annexed regions will be part of Russia “forever”.

October: Sabotage

A large explosion tears through a bridge linking Russia and Crimea, which serves as a major supply route for Moscow’s forces fighting in Ukraine. It happens one day after Putin’s birthday.

Kyiv does not take responsibility for the blast, though Russia points to “Ukrainian terror”. Russia’s prestige in the region is dealt a stinging blow.

Russia begins bombing Ukraine’s energy infrastructure, knocking out power and heating ahead of winter. Military analysts tell Euronews this is a “strategy of escalation” intended to “break the national morale”.

The war in Ukraine and rising inflation plunge an additional four million children into poverty, according to an October report by UNICEF. A large proportion of them — 2.8 million — are Russian.

November: Kherson liberated

Ukrainian troops pour into Kherson on 11 November.

The southern port city, once home to 250,000 people, was one of the first to fall to Russian forces, during the early days of the war. There are jubilant scenes across Ukraine, though officials warn of an unfolding humanitarian disaster in the bombed-out ruins.

Poland is put on high alert after a blast near the Ukrainian border kills two. It turns out the deadly explosion was caused by a Ukrainian air defence missile.  

Inflation in Europe eases but it is still in painful double digits, hitting 10% in November. Russia is hoping surging consumer prices and new waves of Ukrainian refugees will erode European leaders’ resolve. 

NATO promises to admit Ukraine into the western alliance, though there are considerable doubts over when Kyiv will be allowed to join. 

December: Grim warnings for spring

Zelenskyy heads to the US — his first state visit outside the country since the start of the war.

Saying that Ukraine will “never be alone”, US President Joe Biden promises to send Patriot air defence systems to help Ukraine stave off Russian attacks on its energy infrastructure.

The US had been reluctant to supply this long-range weapon to Ukraine over fears of inflaming tensions with Russia. Moscow warns Washington over sending more weapons to Kyiv.

Ukrainian authorities raise fears that Russia may try to take Kyiv again in the New Year, after its abortive offensive at the start of the war. 

On Christmas Day, Putin claims Russia is “ready to negotiate” with Ukraine – a demand ruled out by leaders in Ukraine. The Russian president publicly uses the word “war” to refer to his country’s invasion for the first time.

January 2023: Tanks, tanks, tanks

Amid mounting political pressure, Germany finally agrees to supply Ukraine with Leopard 2 battle tanks, paving the way for the US and other NATO allies to follow suit.

Some hailed the move as a significant boost to Kyiv’s war effort -– which could enable fresh offensives -– though others questioned if the number of tanks was enough and whether Ukraine would be able to use them effectively on the battlefield.

Russia slammed it as a “blatant provocation”.

Almost as soon as the tank deliveries got the green light, Kyiv began asking for fighter jets -– something Scholz flatly ruled out.

After months of gritty fighting, Ukraine admits withdrawing from the eastern town of Soledar, reversing Russia’s military fortunes. 

Moscow has portrayed the fight as key to seizing the strategic town of Bakhmut and the prized Donbas region. But the importance of the salt-mining town is debated.

Russia and Belarus begin joint drills, sparking fears that Moscow could use its ally to launch a fresh ground offensive in spring.

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Canadian doctors spend millions of hours on unnecessary paperwork each year: report | CBC News

Dr. Leisha Hawker reserves a full work day each week just to do paperwork. She sees no patients and works through form after form, so she can get home in time to put her daughter to bed.

She’s not alone in this routine.

The Halifax family doctor, who is also the president of Doctors Nova Scotia, said it’s estimated that most physicians in the province spend about 10 hours a week dealing with unnecessary paperwork.

This means someone else could do it, or it doesn’t need to be done at all. She said this work accounts for about 500,000 hours of physician work per year in Nova Scotia, and often falls on nights and weekends.

“A lot of younger physicians that have a family will do two shifts,” Hawker said. “You’ll go home and take your kid to judo or swimming or whatever it is, put them to bed and then log back in and do more work and then go to bed late at night.”

In 2019, the provincial government partnered with Doctors Nova Scotia to research physician administrative burden and how to reduce it. A new report released Monday builds on this research and draws conclusions that apply to the whole country. 

The Canadian Federation of Independent Business’s report, Patients Before Paperwork, shows Canadian doctors spend 18.5 million hours annually on unnecessary administrative work — the equivalent of 55.6 million patient visits. 

“Health ministries across Canada are facing many complex challenges,” the report said. “A chronic shortage of health professionals, an aging population and capacity constraints all have put pressure on the health-care system and the physicians who support it.”

Target to reduce administrative burden

An Angus Reid poll from September 2022 found half of Canadians are either unable to see their family doctor within a week, or they can’t find a doctor at all.

Monday’s CFIB report concludes that if governments across Canada set a target to reduce physician administrative burden by 10 per cent, they could reduce fatigue and burnout, improve the quality of patient care and open the equivalent of 5.5 million patient visits a year.

“We know that all of the premiers are working with the federal government on hashing out a new deal on the health-care side, that is very important,” said Ryan Mallough, CFIB’s vice-president of legislative affairs.

“But we want to make sure that we’re not forgetting about the other things that we can do in the system … if it’s eliminating a form that doesn’t need to be filled out by a doctor or if it’s reducing a 12-page form to a three-page form. That adds up and it is going to free up doctors’ time to see their patients.”

Leanne Hachey said even when her office reaches the 10 per cent reduction goal, they’ll continue the work. (Brian MacKay/CBC)

Nova Scotia leading the way

Nova Scotia has been working on reducing physician administrative burden since 2019.

Mallough said this is trailblazing work, and he hopes other provinces will follow suit.

“We know that medical associations have been flagging this with their provincial governments, but as far as we know, no one has come out and done anything as robust as what Nova Scotia has done,” he said.

The provincial Office of Regulatory Affairs and Service Effectiveness took the lead on the project and outlined 15 actions that would reduce unnecessary administrative burden by 10 per cent by 2024.

Leanne Hachey, the executive director of the office, said 500 physicians were surveyed in Nova Scotia.

“We heard that burden looks like many different things. It looks like paperwork that’s too long, forms that are duplicative, different bodies asking for the same information, things that they have to do on paper as opposed to doing digitally. Processes that just don’t make sense.”

Hachey said her office has acted as a liaison between doctors and provincial departments to help them work together and make changes. 

A man sits in front of a desk piled with papers
Dr. Joe Gillis said if he doesn’t stay on top of paperwork, it can get out of control. (CBC)

Joe Gillis, a physician in Yarmouth, N.S., said his desk is often piled with forms, which he’ll “pick at it during the course of the day.”

But he said if he doesn’t keep on top of it, things like insurance and income assistance forms, medical reviews for drivers and disability tax credits can “get out of control.”

He said he’s happy to see the government committing to reducing this type of extra work, but the province has a long way to go.

“Health care is difficult right now, both as a patient and provider,” Gillis said. “And I think anything we can do to alleviate that difficulty is just a step in the right direction for everybody.”

He said he’s already heard about some notoriously long and cumbersome forms being shortened, but he hopes more technology will be used in doctor’s offices to further reduce the work.

‘Taking a fork and chipping away at an iceberg’

The provincial Office of Regulatory Affairs and Service Effectiveness has less than a year to complete their goal of a 10 per cent reduction.

Hachey said the office’s physician impact assessment tool shows they’re halfway there, but she believes they’ll meet the target, or even surpass it.

“Sometimes it does feel like you’re taking a fork and chipping away at an iceberg because there is so much,” Hachey said. “What we have to do is start, show some success, make sure that physicians feel the impact and then start to do more.”

She said the focus is on saving minutes of work for each physician. 

“But when you build that up to 2,500 physicians that may be doing it 50 times a year, those minutes start to add up to big hours and to annual patient visits.”

Hawker said the 10 per cent reduction target is the equivalent to about 150,000 patient visits per year. Currently, there are nearly 130,000 Nova Scotians on the primary care wait-list. 

“That would be a visit for every single person that would be on the wait-list,” Hawker said. “So even a 10 per cent reduction in administrative burden could have significant impacts on patient care and the health-care system.”

Hachey said her office has already heard from the British Columbia and Manitoba governments about reduction efforts, and hopes more will come forward.

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How South Africa’s Christo Wiese Sued His Way Back Into The Billionaire Ranks

An Enron-like accounting scandal at South Africa-based furniture group Steinhoff International wiped out billions of retail tycoon Wiese’s fortune. After a four-year battle, he’s back as one of Africa’s richest, and at peace with the world.


Christoffel “Christo” Wiese exudes an air of calm that betrays no hint of the chaos that turned his world turned upside down for more than four years.

In December 2017, the then-76-year-old South African billionaire was informed about serious accounting fraud at retailer Steinhoff International, where he was both chairman and the largest shareholder. Those irregularities turned out to total $7.4 billion in falsified transactions over a span of nine years from 2009 to 2017, a PwC investigation found–making the Steinhoff affair the South African equivalent of the 2001 Enron debacle.

Steinhoff International had acquired Wiese’s discount clothing retailer, Pepkor, in 2015 for $5.7 billion in stock and cash; and he became its chairman a year later in May 2016. Wiese stepped down as chairman in mid-December 2017, soon after the accounting fraud was made public. While it was eventually proven that Weise had no role in the fraud, the 90% drop in the share price of Steinhoff–by far Wiese’s most valuable asset–pummelled his fortune, from an estimated $5.6 billion in March 2017 to $1.1 billion on the 2018 Forbes list of Africa’s billionaires and then off the ranks altogether by the time Forbes’ World Billionaires list came out a few months later that year.

Now, following a multi-year legal battle that ended in a $500 million settlement consisting of cash and stock, Wiese is back on Forbes’ newly released 2023 list of Africa’s billionaires, tied at No. 18 with an estimated net worth of $1.1 billion.

Asked about his ordeal last week, Wiese described his initial reaction–and what he’s grateful for. “It came as a huge shock to discover that this [Steinhoff] fraud was in the core of the business,” Wiese recalled in a Teams video call from his office in Cape Town, South Africa. The other shock? “That the people who were committing the fraud managed to get through all the gatekeepers,” he added, ticking them off: internal auditors, external auditor Deloitte, the South African Reserve Bank, international banks that were lending Steinhoff billions of rand, the South African and Frankfurt, Germany stock exchanges (where the company’s shares trade) and the ratings agencies.

What did Wiese know? Nothing, he insists. “People said, ‘But Christo, you were the chairman.’ And I said I chaired four board meetings in the entire time,” Wiese explained. “I am supposed to know what all the other gatekeepers missed?”

Despite his comments, Wiese–and the investment community–had been alerted to concerns about Steinhoff as early as a decade before the furniture seller admitted its problems. In 2007, Sean Holmes, a South Africa-based analyst for JP Morgan, published a critical 56-page report that questioned Steinhoff’s earnings and pointed to poor financial disclosure and a lack of transparency, according to the 2018 book Steinheist: Markus Jooste, Steinhoff & SA’s Biggest Corporate Fraud. The book also recounts a 2009 meeting Wiese had with an analyst at a different firm who shared 40 slides that delved into concerns such as Steinhoff’s inflated assets and its “suspiciously low tax rate.” (That was years before he sold his company to Steinhoff). Then in 2015, right before Steinhoff shifted its primary stock listing to Frankfurt, a German tax authority raised concerns about the company’s accounting. Wiese said a forensic accounting firm the board hired shortly afterward failed to find any issues.

In fact, Wiese had demonstrated supreme confidence in Steinhoff as a business (or took a huge risk, depending on your perspective). In September 2016, he borrowed $1.8 billion from banks to finance the purchase of more shares in Steinhoff, lifting his ownership stake from nearly 20% to 25%. To guarantee the loans, Wiese pledged the vast majority of his Steinhoff shares as collateral. When Steinhoff stock tanked at the end of 2017, the banks took control of his shares. The loan transaction was ring fenced around the Steinhoff shares, so that in case of default, the banks could not go after Wiese’s other assets, a spokesperson for Wiese said.

Markus Jooste, a South African and the former CEO of Steinhoff International–who ran the company during the years of the accounting fraud, will be tried in Germany in April, South African media reported on Friday. In the spring of 2021, German prosecutors were reported to have charged Jooste and three colleagues with balance sheet fraud. Jooste, who has denied the allegations in the past, could not be reached for comment.

Altogether, Wiese claimed he was defrauded out of $5 billion (59 billion Rand) and sued Steinhoff for that amount in 2018. It took until late January 2022 for Steinhoff to get South African and Dutch courts (Steinhoff is headquartered in Amsterdam) to sign off on its settlement for shareholders–Wiese and thousands of others–and creditors. Wiese’s roughly $500 million (8 billion Rand) settlement came in the form of cash plus a 5% stake in listed retailer Pepkor Holdings (which is now 51% owned by Steinhoff International). Wiese says he accepted far less than he initially sought, partly to put a halt to the negotiations, which kept dragging on. Steinhoff funded the settlement with Pepkor shares and cash raised from selling off assets–though it still owns 50% of U.S. company MattressFirm and a few other holdings.

Wiese was never in danger of losing his fortune entirely. Besides his Steinhoff stake, he owns more than 10% of listed supermarket chain Shoprite Holdings, Africa’s largest retailer–a kind of South African Walmart, with a hard focus on low prices. It had $10.7 billion revenues in the most recent fiscal year, 145,000 employees and nearly 3,000 stores across southern Africa. In the wake of the Steinhoff accounting nightmare, Wiese sold off hundreds of millions of dollars worth of his Shoprite shares, lowering his stake from 18% in 2017.

Other Wiese holdings include industrial investing firm Invicta Holdings, listed on the Johannesburg Stock Exchange, which has investments in China, Singapore, the U.K. and a small business in the U.S. Via another firm, Tradehold Ltd., he owns industrial businesses in South Africa and commercial property in the U.K. And through Luxembourg-listed firm Brait PLC, Wiese owns stakes in Virgin Active health clubs and two South African firms: a fashion label and a consumer goods business.

“Christo has been a massive risk taker his whole life,” Syd Vianello, a retail analyst in Johannesburg, told Forbes for a March 2016 profile of Wiese. “Africa is not a place for sissies.” Wiese, who calls himself an incurable optimist, agrees. “I’ve been in business for 55 years,” he says. “I just accept that the world is always difficult.”

Wiese’s journey to become Africa’s biggest retail tycoon took a meandering path. After attending Stellenbosch University, he started working for his cousin’s husband’s discount firm PEP in 1970. Four years later he decided he wasn’t good at working for someone else, and wanted a job that required less hours so he could start a family. Following a detour that included buying, running and then selling a diamond mine, Wiese went back to his cousin, who’d grown PEP and added Shoprite, a grocery chain, and offered to buy him out. The cousin accepted.

He focused on maintaining low prices and serving poor customers of all races–at a time of apartheid. In 1986, Wiese spun off Shoprite and PEP (now called Pepkor) into separate public companies, maintaining control of both. By 2014, Wiese says he controlled the two largest retail businesses in South Africa, and there was really no way to grow more domestically due to antitrust concerns.

That is when he turned to Steinhoff, which did business in Europe and South Africa. “I came to the conclusion that here was a business with a very strong balance sheet, strong cash flows, experienced management and international operations,” he recalled. It didn’t turn out that way.

Now 81, Wiese said he has no plans to retire. “I nearly died in 2021 with Covid, so I’ve come to realize that I’m not necessarily destined to live forever. But my problem is I don’t play golf or do stuff like that. For me, my business is my pleasure.”

Plus he certainly has no desire for Steinhoff to be his final chapter.

“I was not going to let this almost unbelievable disaster spoil my life,” Weise reflected on the Steinhoff matter. “I have a lot to be grateful for. I love my country, I’ve got a wonderful family, wonderful friends. I just decided to carry on with my life.”

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Will Europe’s ban on Russian diesel hike global fuel prices?

Europe is taking another big step toward cutting its energy ties with Russia, banning imports of diesel fuel and other products made from crude oil in Russian refineries.

The European Union ban takes effect 5 February following its embargo on coal and most oil from Russia. The 27-nation bloc is trying to sever its last uses of Russian energy and stop feeding the Kremlin’s war chest as the anniversary of the invasion of Ukraine nears.

The newest ban has risks: Diesel prices have already jumped since the war started on 24 February last year, and they could rise again for the fuel that is key to the global economy.

“We’re leaving money in the road to provide our services,” said Hans-Dieter Sedelmeier of the family-run German bus and travel company Rast Reisen.

Most things people buy or eat is transported at some point by trucks, which mostly run on diesel. It also powers farm equipment, city buses and industrial equipment. The higher cost of diesel is built into the price of almost everything, helping push up inflation that has made life harder for people worldwide.

Will the embargo push up diesel prices?

That depends. Diesel, like crude oil, is sold globally, and Europe could look for new sources, such as the US, India or countries in the Middle East. If that goes smoothly, the impact on prices might be temporary and modest.

Europe has already cut Russian diesel imports almost in half, from 50% of total imports before the war to 27%. US suppliers have stepped up supplies to record levels, from 34,000 barrels a day at the start of 2022 to 237,000 barrels per day so far in January, according to S&P Global.

The EU’s top energy official, Kadri Simson, says markets have had time to adjust after the ban was announced in June. Europeans also appear to have stocked up on Russian diesel before the deadline, with imports rising last month.

There is a complicating factor: the Group of Seven major democracies are talking about imposing a price cap on Russian diesel heading to other countries, just as they did on Russian crude. As with oil, the idea is to keep Russian diesel flowing to world markets but reduce Moscow’s revenue.

If the cap works as advertised, global diesel flows should reshuffle, with Europe finding new suppliers and Russian diesel finding new customers, without a major loss of supply.

But it’s hard to say how the cap will work without knowing where the price will be set and whether Russia will retaliate by withholding shipments.

“When Russian exports are constrained, for whatever reason, that would of course cause some trouble in this whole reshuffle process,” said Hedi Grati, head of fuels and refining research for Europe at S&P Global Commodity Insights. 

“Europe would be competing with other big importers, and that would cause upward pressure on pricing.”

If the cap doesn’t block large amounts of Russian diesel, there might be “a short-lived price spike” as the market adjusts. For one, tankers would have a longer journey to Europe from the US, Middle East or India than from Russia’s Baltic Sea ports, stressing shipping capacity.

But massive new refining capacity is launching in Kuwait and Saudi Arabia later this year and in Oman in 2024. That “could further alleviate any pressure points from this divorce from Russia,” Grati said.

What could a diesel price cap accomplish?

The hope is to reproduce the effect of the oil price cap, which barred Western companies that largely control shipping services from handling Russian crude priced above $60 (€55) a barrel.

Russia says it won’t sell oil to countries observing the price ceiling, but the cap and falling demand from a slowing global economy has meant customers in China, India and elsewhere can buy Russian oil at steep discounts, cutting into the Kremlin’s revenue.

Boosted by more expensive crude, diesel prices rose to over €900 a ton last week from €735 a ton in early December. Diesel costs more than €36 per barrel above the crude used to make it.

One reason for the price hike was a late December storm in the US that disrupted refineries, said Barbara Lambrecht, an analyst at Commerzbank.

What happens if diesel gets more expensive?

Fuel prices have been a major factor behind painful inflation in Europe that has robbed consumers of purchasing power and slowed the economy.

Diesel prices at the pump have swung from €1.66 per litre to €2.14 per litre in the course of a year.

“That is a gigantic increase,” said Christopher Schuldes, the third generation of his family to run German trucking company Schuldes Spedition.

The company has 27 diesel trucks and 50 employees in the small town of Alsbach-Haehnlein between Frankfurt and Heidelberg in southwest Germany. It has already cut fuel costs by equipping trucks with efficient engines, ensuring trucks leave fully loaded and training employees in fuel-efficient driving.

“We did all that a long time ago, long before Russia invaded Ukraine,” Schuldes said. “There’s no more room for optimisation.”

To ease the extra diesel costs, the company tried negotiating higher prices with customers who have long-term contracts. Some agreed, some didn’t. Even if a contract allows prices to rise with diesel costs, there’s a two-month lag.

Regarding the embargo, “I am of two minds about it,” Schuldes said. “I have to see that the company is in good shape, and that our purchasing is as economical as possible. On the other hand — on the personal level — I say Russia must not be supported.”

Meanwhile, Rast Reisen, the bus and travel company near Freiburg im Breisgau in southwestern Germany, has seen diesel fuel rise from 12-15% of costs to 20-25%. Because 15 of its 25 buses are part of the regional public transport network, the company can’t automatically raise fares, and government increases so far are “a droplet on a hot stone,” said Sedelmeier, managing director for public transport.

Rast Reisen had to add a €10-15 diesel surcharge to trips to popular destinations like northern Germany’s island of Sylt or Croatia’s coast because prices spiked after catalogues were printed. 

Next year, prices for trips will simply be higher.

What could go wrong?

Energy markets are looking to China and wondering when the world’s second-largest economy will recover after the end of drastic COVID-19 restrictions. With low demand for fuel at home, the Chinese government let refineries ramp up their exports.

But if travel picks up in China, that diesel may disappear from the world market, raising prices as competition for fuel increases.



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Giorgia Meloni’s first 100 days in office: What has Italy’s PM done?

Giorgia Meloni was voted into office last October to the sound of alarm bells ringing across Europe.

As a far-right leader with a bone to pick with the EU, her landslide election perturbed political commentators, who branded her with a range of incendiary epithets: “Eurosceptic”, “radical”, “demagogic”, even Europe’s “most dangerous woman”.

But now that Meloni marks her first 100 days as prime minister, how has her premiership measured up to such forecasts? 

Has she followed through on her election campaign mantra that “playtime is over” for Brussels, or has she opted for a meeker stance to ingratiate herself with Italy’s European allies?

Here is a list of some of Giorgia Meloni’s main steps since being elected: 

Cracking down on rave parties

Few would have guessed Meloni’s “playtime is over” motto would end up taking such a literal turn, but it seems her intent to halt the fun and games was no joke — indeed, one of her first decisions as PM was to pass an “anti-rave” decree cracking down on unauthorised mass parties.

Meloni and her government defended the decision — which sees organisers of such gatherings facing hefty fines and up to six years in prison — on the grounds that it was necessary measure to curb partygoers’ antics and align Italy’s rules to its European peers.

“We have shown that the state won’t turn a blind eye and fail to act when faced with law-breaking,” she said at a news conference. 

Critics, however, deemed the move a “distraction” from more pressing political problems and feared it could limit students’ freedom to protest.

Migrant feud with France

Shortly after taking office, Meloni found herself in hot waters after sparking a spat with France over a migrant rescue vessel.

In November, SOS Méditeranée’s Ocean Viking ship — which carried over 200 migrants — was rejected by Italy and subsequently forced to dock at the French port town of Toulon, provoking France’s ire.

It comes as little surprise that the PM’s first squabble would end up involving Italy’s westerly neighbour, given her own longstanding animosity towards French President Emmanuel Macron and his migration policy.

In a talk show in 2019, Meloni had decried France’s “exploitative” economic relationship with former colonies such as Burkina Faso, arguing that the solution to Africa’s problems was not “moving Africans to Europe”, but to “liberate Africa from certain Europeans.”

The premier has used her criticism of French imperialist activities to justify her anti-migration stance — indeed, prior to her election, she proposed a naval blockade to clamp down on migrants crossing the Mediterranean.

While such loaded language may have subsided as of late, Meloni’s iron-fisted rhetoric on migration has certainly not softened. Indeed, her latest decree directly targets and curbs non-governmental organisations’ lifesaving activities at sea.

But for all the grandstanding and bold predictions, the reality on the ground would point to her promises having fallen flat.

Statistics released by the interior ministry prove migrant boat arrivals have not only failed to slow down, but have grown dramatically since Meloni took office. The first ten days of the new year alone registered an 880% increase from 2022.

An EU-friendly budget

For weeks, Brussels officials waited with bated breath as Meloni’s cabinet deliberated its budget plan for 2023.

But concerns were alleviated when it was announced that the new government’s plans for Italy’s debt-ridden economy would be considerably closer to the EU line than some had expected.

The budget law — approved by parliament in record time — includes proposals such as €21 million tax breaks to relieve businesses from the burdens of the energy crisis, as well as fiscal incentives and a lower retirement age.

While some of the plan’s measures remained controversial — especially a higher cap on cash payments — it displayed a greater of restraint than what had been touted by Meloni’s right-wing bloc on the campaign trail.

Meloni herself subsequently embarked on a charm offensive with Brussels, courting EU President Ursula von der Leyen in her first foreign trip, a move analysts attribute to Italy’s dire need to receive its €190 billion EU post-COVID recovery funds — that itself entails a set of reforms.

“It would have been unthinkable for Meloni to risk missing out on this money. Failure would have been a tragedy,” noted Daniele Albertazzi, a politics professor at the University of Surrey told Reuters. 

“She behaved in the only way she could.”

Maintaining Italy’s support for Ukraine

Giorgia Meloni was sworn in on a promise that she would maintain her steadfast support to Ukraine as it fends off Russia’s invasion, and has certainly not rolled back on any of her pledges — to the satisfaction of Kyiv.

It appears Meloni has been willing to put her money where her mouth is, as further reports emerge that Italy and France are days away from finalising a deal to supply Ukraine with a SAMP/T “Mamba” air defence system.

The PM and her cabinet’s allegiance to Ukaine however, could not be taken for granted. 

Despite welcoming a large share of Ukraine’s refugees, Italy remains one of Western Europe’s most Russia-friendly countries. The burden of decades-long economic hardships and the scars of COVID-19 have left many Italians reluctant to support sanctions, a sentiment which populist politicians — many belonging to her own bloc — have been willing to tap into.

Some of Meloni’s colleagues have themselves cosied up to the Kremlin. Fellow coalition leader Silvio Berlusconi is a long-time confidante of President Vladimir Putin confidante, who was recorded last October admitting to exchanging gifts and “sweet letters” with the maligned Russian leader. 

And Matteo Salvini — appointed by Meloni as deputy PM — had previously expressed positive attitudes towards Russia, and had donned a Putin T-shirt back in 2014.

Taking journalists to court

Italy has long been ranked as one of Western Europe’s worst countries for journalists, coming in at 58th place in the 2022 World Press Freedom Index

Some journalists have expressed concerns that Meloni’s election win has made life even more challenging for reporters in Italy, especially those belonging to the left.

While Meloni — herself a journalist — has expressed her support for press freedom, critics point to hostile behaviours from members of her party, Brothers of Italy, towards leftist journalists, as well as legal threats made by the right-wing leader herself against dissenting voices, as signs of a worsening situation.

Among these is Rula Jebreal, a Palestinian-Italian journalist and academic, who found herself threatened with legal action after claims she had made about Meloni’s views on immigration.

“[Meloni and her party] want to take down anyone who ever dares to criticise their policies,” she told Euronews. “It’s a sign of what’s to come.”

But while Meloni eventually fell short of taking Jebreal to court, she did not spare another journalist: Roberto Saviano.

In October, she decided to sue Saviano — one of Italy’s most prominent anti-Mafia campaigners and an avowed Meloni critic — over comments he had made in 2020, in which he labelled her and Salvini “bastards.”

If found guilty, Saviano could face up to three years in prison, a prospect which a global press freedom watchdog described as a “chilling message” to Italy’s journalists.

What do the analysts and the public say?

After 100 days in office, what do commentators and the Italian public say about Meloni so far? 

Analysts have found their fears of a potential far-right takeover have been somewhat mitigated, although they remain unconvinced with Meloni’s performance.

“Her cabinet did not do much in its first 100 days,” Andrea Mammone, a history professor at Rome’s Sapienza University, told Euronews. “The government is basically following the EU on international politics.”

“This clearly shows how complex it is to run a country when someone is starting from populist premises,” he added.

According to opinion polls, Italians are broadly satisfied with Meloni’s job so far. Her party, Brothers of Italy, has soared since she took office, and she currently has a 48% approval rating.

It would appear Meloni has managed to hit a sweet middle spot, flexing her muscles when necessary to signal strength to her supporters — the arrest of Italy’s most-wanted Mafia boss earlier this month certainly bolstered her image — while also towing the Brussels line.

As Meloni further consolidates her power, she is likely to continue this careful balancing act which has reaped her significant rewards both home and abroad. But as a string of Italian prime ministers each saw their support plummet shortly after enjoying an initial ‘honeymoon’ phase, it remains to be seen whether the newly elected PM will manage to cling onto her popularity — or suffer the same fate.

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WTO members confront U.S. abuse of security exception for protectionist purpose


Members of the World Trade Organization (WTO) have denounced the United States for its abusive series of appeals against the global trade watchdog’s panel rulings over its import tariffs and flawed labeling of goods origins, urging the country to fulfill its obligations as a WTO member and stop its unilateral and protectionist moves.

At the latest Dispute Settlement Body (DSB) meeting held here on Friday, five WTO members — China, Norway, Switzerland, Turkey, and Hong Kong — required the plenary meeting to pass five panel rulings regarding duties imposed by the United States on steel and aluminium imports and U.S. origin marking requirement applicable to goods produced in Hong Kong.

Before the meeting, the United States had appealed four panel rulings regarding duties imposed by Washington on imports of steel and aluminum products from China, Norway, Switzerland and Turkey.

The United States had also filed a seperate appeal against another ruling issued last month, in which Washington deliberately mislabeled products made in Hong Kong as “Chinese-made.” The shift in the origin of those goods to be imported to the United States was ruled “not justified” by a DSB panel.

The world’s largest economy also declared it would postpone implementing a panel report regarding a dispute initiated by the European Union (EU) targeting U.S. anti-dumping and countervailing duties on imports of ripe olives from Spain.

ABUSIVE APPEALS

Washington has a long history of trade bullying. Though it used its right of appeal as a WTO member, its action amount “to effectively blocking” WTO rulings, according to a statement by the EU on Friday.

The EU noted that the panel reports have been appealed, but these appeals cannot be currently heard by the Appellate Body, given that it cannot function.

Previously, it normally takes three months for the WTO Appellate Body to rule on any appeals it receives. However, the appeal court has halted operation because the United States has blocked the appointment of new judges and required an overall reform.

Therefore, appeals cannot be processed, and related rulings cannot move forward.

Canada noted that since Dec. 11, 2019, the Appellate Body has effectively been non-functioning, according to a statement delivered at Friday’s meeting.

The United States tends to appeal every unfavorable panel report and refuse to comply with the results of any proceedings of the DSB, China’s Ambassador to the WTO Li Chenggang told a DSB meeting.

“These troubling behaviors of the U.S. have clearly depicted an image of the U.S. as a unilateral bully, a rule breaker and a supply chain disruptor,” Li said.

So far, 127 WTO members have attempted on 61 occasions to start the selection process for filling vacancies on the Appellate Body. Still, the United States blocked the proposed decision.

Canada stressed in its statement that all parties to the dispute must fulfill their good faith commitment under the Dispute Settlement Understanding by making every effort to find an acceptable solution. In the long run, no member would benefit from a situation where disputes remain unresolved.

It said that a member acting in good faith should find no comfort in an unfair — and short-term — advantage that has arisen because of the absence of a functioning Appellate Body.

The EU also encourages all parties to find a solution that preserves the rights of both the complainant and respondent.

PROTECTIONIST MOVES RULED UNJUSTIFIED

In March 2018, the United States began imposing Section 232 duties on steel and aluminum products to protect its domestic industry under the guise of national security.

Given that Washington has exempted 70 percent of its steel imports from the additional duties, the restricted imports only accounted for 5 percent of U.S. steel consumption, in which defense use took only roughly 0.15 percent, Li said at the meeting.

“In other words, Section 232 measures are overwhelmingly protectionist, as its contribution to national security is negligible at best,” Li noted.

From the outset, the United States deployed these additional duties as an instrument of economic coercion, using them to force other members to enter into quota arrangements or make concessions to the United States in trade negotiations, said the Chinese ambassador.

These measures have been widely opposed, sued by several WTO members and found WTO-inconsistent by all panels. The findings of the panel in this dispute demonstrated once again that a security exception is not a “safe harbor” for unilateralism or protectionism, Li added.

Alparslan Acarsoy, Turkish ambassador to the WTO, said at the 15th Trade Policy Review of the United States held on Dec. 2022 that the United States imposed additional tariffs on imported aluminum and steel products, which clearly violates WTO rules.

He urged the United States to cancel the additional tax measures to avoid further damage to the multilateral trading system.

Türkiye believes that the United States has systematically and structurally damaged members’ confidence in the multilateral trading system, he added.

“Before the panel, the U.S. relied upon Section 232 reports that formed the basis of the measures to argue that the worldwide excess capacity of steel could damage its domestic steel sector such that it would not be able to increase or maintain production of steel required to address national emergencies,” said Jayant Raghu Ram, a writer with Indian law firm Lakshmikumaran &Sridharan Attorneys, in a recent article. “This excess capacity, according to the U.S., constituted an ’emergency in international relations.'”

“However, the panel wasted no words in dismantling the U.S. tenuous defense and held that the situation of excess global steel capacity” did not “constitute an ’emergency in international relations,'” Ram said.

On Aug. 11, 2020, the United States required Hong Kong products exported to the United States to be labeled “Made in China,” which the WTO ruled in late December 2022 violated the country’s obligations under the trade organization’s rules.

The Hong Kong Special Administrative Region (HKSAR) government welcomed the ruling.

The ruling has once again confirmed that the United States has disregarded international trade rules, attempted to impose discriminatory and unfair requirements unilaterally, unreasonably suppressed Hong Kong products and enterprises, and politicized economic and trade issues, said Algernon Yau, secretary for commerce and economic development of the HKSAR government, in a statement.

“When President Biden of the less conservative Democratic Party was voted into power in 2020, it was expected that the U.S. government would tone down its nihilistic rhetoric towards the multilateral trading system and withdraw measures that seemingly violate WTO law, most notably the Section 232 measures,” Ram added.

“However, irrespective of such change in guard, the United States continues to maintain status quo in respect of such measures,” he said.

“Though the U.S. detraction from the rule of law in the WTO’s rules-based system is not unknown or surprising, WTO members may find relief in the fact that the panel has outrightly held these infamous measures as inconsistent with WTO law,” Ram noted. 




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Live: Deadly Russian shelling targets Kherson, Kyiv calls for faster arms supplies

Russian missile strikes killed three people in the southern Ukrainian city of Kherson while fighting raged in the eastern Donetsk region where Russia again shelled the key town of Vuhledar, according to Ukrainian officials. Follow FRANCE 24’s live coverage of today’s developments. All times are in Paris time (GMT+1).

6:03pm: Ukraine officials, MPs banned from travelling abroad

The Ukrainian government has banned senior public servants and lawmakers including women from travelling abroad during the war with Russia.

Andriy Demchenko, spokesman for Ukraine’s border guard service, told AFP on Monday that the measure — adopted last week – had entered force. “They can now only leave as part of a work mission,” he said.

After Russian President Vladimir Putin sent troops to Ukraine on February 24 last year, Ukrainian men of fighting age were ordered to remain in the country barring a few exceptions

4:45pm: British tanks to arrive on Ukraine front lines ‘this side of summer’, defence minister says

Tanks donated by Britain to Ukraine will be on the front line before summer, defence minister Ben Wallace said on Monday, without giving an exact timetable. Asked in parliament when the 14 Challenger tanks it has agreed to supply would be deployed onto the battlefield, Wallace said: “It’ll be this side of the summer, or May – it’ll be probably towards Easter time.”

He said security reasons prevented him from setting out the timetable of training for Ukrainian forces on using the tanks, but that it would begin with instruction on operation of individual vehicles before progressing to how to fight in formation.

4:23pm: France and Australia agree to cooperate to produce shells for Ukraine

France Defense Minister Sébastien Lecornu on Monday announced that France and Australia have forged a deal to manufacture “several thousands” of 155-millimetre shells to help Ukraine.

Lecornu was speaking after meeting with his Australian counterpart Richard Marles, the first joint high-level talks since Canberra ditched a defence accord with Paris in favour of a tie-up with Britain and the United States two years ago.

3:30pm: Iran summons Ukraine envoy over top aide’s drone strike remarks

Tehran on Monday summoned a Ukrainian diplomat to protest “biased” remarks by a presidential aide in Kyiv over a recent drone strike in Iran, the Islamic republic’s foreign ministry said.

Mykhailo Podoliak, an advisor to Ukraine’s President Volodymyr Zelensky, linked in a tweet on Sunday Iran’s support for Russia’s invasion of his country with the night-time strike on a military site.

“Explosive night in Iran — drone and missile production, oil refineries,” he said. “War logic […] bills the authors and accomplices strictly”.

“Ukraine did warn you,” Podoliak added

2:07pm: Zelensky meets Danish PM on southern Ukraine trip

President Volodymyr Zelensky met Danish Prime Minister Mette Frederiksen during a trip to the southern Ukrainian city of Mykolaiv on Monday.

Video footage posted online by Zelensky’s office showed the president greeting Frederiksen with a handshake on a snowy street before entering a hospital where they met soldiers wounded in Russia‘s invasion.

“It is important for our warriors to be able to undergo not only physical, but also psychological rehabilitation,” Zelensky wrote on the Telegram messaging app. “I am grateful to all the medical workers who care about the health of our defenders. I wish them a speedy recovery!”

Zelensky’s office gave no immediate details of his discussions with Frederiksen.

1:33pm: Ukrainians to get millions of LED light bulbs to ease energy shortfall

Ukrainians were urged on Monday to swap old light bulbs for free energy-efficient LED bulbs under a scheme intended to ease an energy shortfall caused by Russian attacks.

Launching a programme backed by the EU and aimed at replacing 50 million light bulbs, Economy Minister Yulia Svyrydenko said all adults would be able to exchange five incandescent light bulbs for five LED bulbs at post offices.

The goal is in the next few months to reduce by a quarter the energy deficit caused by Russian missile and drone strikes on power infrastructure that have frequently left millions of Ukrainians without light, water or heating.

1:21pm: Finland will stick with Sweden in NATO process despite Turkish rejection

Finland is maintaining its plan to join NATO at the same time as Nordic neighbour Sweden, and hopes to do so no later than July, Finnish Foreign Minister Pekka Haavisto said on Monday.

Turkey’s President Tayyip Erdogan signalled on Sunday that Ankara could agree to Finland joining NATO ahead of Sweden, amid growing tensions with Stockholm, and Turkish Foreign Minister Mevlut Cavusoglu on Monday made similar statements.

“Our strong wish is still to join NATO together with Sweden,” Haavisto told a news conference in Helsinki.

Last week, Turkey suspended NATO talks with Sweden and Finland over protests in Stockholm that included the burning of a Koran.

12:25pm: More Russian forces moved to Kursk region on Ukraine border, governor says

Russia has moved additional forces and equipment to the Kursk region on the border with Ukraine to protect the frontier and ensure security, regional governor Roman Starovoit said on Monday, according to Interfax news agency.

Local authorities say that the region has repeatedly been subjected to Ukrainian shelling since Russia invaded Ukraine almost a year ago.

Some of Russia’s troops entered from the Kursk region, although the areas of northeastern Ukraine that they seized have since been retaken by Kyiv’s forces.

Starovoit told a meeting of the regional government that a solid contingent of personnel from the armed forces, border guards and law enforcement agencies had already been formed in Kursk, but that “it is necessary to provide comprehensive support for the reception, deployment and arrangement of additional forces”.

12:20pm: Russia claims advances near eastern Ukraine’s Vugledar

A Moscow proxy official said Monday that Russian forces were advancing near Vugledar, a town in the eastern Donetsk region, which is the epicentre of fighting in Ukraine, but Kyiv denied the claim.

“Our units continue advancing in the direction of Vugledar,” said Denis Pushilin, the Kremlin-appointed leader of the Donetsk region. “Now we can say that units have established positions in the eastern part of Vugledar, and work is also being carried out in the vicinity,” he said on Russian television.

But a Ukrainian military spokesman in charge of the area said that Russia’s attempted attacks were not successful.

12:12pm: Russian shelling kills five in fierce eastern Ukraine combat

Russian shelling killed at least five people and wounded 13 others during the previous 24 hours, Ukrainian authorities said Monday, as the Kremlin’s and Kyiv’s forces remained locked in combat in eastern Ukraine ahead of renewed military pushes that are expected when the weather improves.

The casualties included a woman who was killed and three others who were wounded by the Russian shelling of Kharkiv, Ukraine’s second-largest city in the country’s northeast, according to regional Gov. Oleh Syniyehubov.

Moscow’s troops seized large areas of the northeastern Kharkiv region in the months following its invasion of its neighbor last February. But Ukrainian counteroffensives that began in August snatched back Russian-occupied territory, most notably in Kharkiv

9:55am: Kyiv calls International Olympic Committee ‘promoter of war’ over Russian athletes controversy

Ukrainian Presidential aide Mykhaylo Podolyak on Monday called the International Olympic Committee (IOC) a “promoter of war” after the sports body said it was considering ways for Russian athletes to compete.

“(The) IOC is a promoter of war, murder and destruction. The IOC watches with pleasure Russia destroying Ukraine and then offers Russia a platform to promote genocide and encourages their further killings. Obviously Russian money that buys Olympic hypocrisy doesn’t have a smell of Ukrainian blood,” Podolyak said on Twitter.


9:12am: Russian company offers over $70,000 for first soldier who destroys Western tanks in Ukraine

Russian company Fores – a Urals-based firm which makes proppants for the energy industry – said it will offer five million roubles ($72,000) in cash to the first soldier who captures or destroys Western-made tanks in Ukraine, after the Kremlin vowed Russian forces would wipe out any Western tanks shipped to Ukraine.

The company said it will pay five million roubles to the first Russian soldier to destroy one of the tanks, and 500,000 roubles ($7,200) for all subsequent attacks. Echoing language used by Russian officials and pro-war state TV hosts, Fores said NATO was pumping Ukraine with an “unlimited” amount of arms and escalating the conflict.

It also said it would pay a 15-million rouble ($215,000) bounty on Western-made fighter jets, should they ever be delivered to Ukraine.

6:42am: NATO chief asks South Korea to ‘step up’ military support for Ukraine

NATO Secretary-General Jens Stoltenberg asked South Korea on Monday to “step up” military support for Ukraine, suggesting it reconsider its policy of not exporting weapons to countries in conflict.

In Seoul on the first leg of his Asia trip, Stoltenberg met top South Korean officials Sunday, and on Monday urged Seoul to do more to help Kyiv, saying there was an “urgent need for more ammunition”. He pointed to countries like Germany and Norway that had “long-standing policies not to export weapons to countries in conflict” which they revised after Russian President Vladimir Putin invaded Ukraine in February last year.

“If we believe in freedom, democracy, if we don’t want autocracy and tyranny to win then they need weapons,” he said, speaking at the Chey Institute in Seoul.

South Korea is an increasingly important arms exporter globally and has recently signed deals to sell hundreds of tanks to European countries, including NATO-member Poland. But South Korean law bans the export of weapons to countries in active conflict, which Seoul has said makes it difficult to provide arms directly to Kyiv, although it has provided non-lethal and humanitarian assistance.

4:28am: Russian shelling of southern city of Kherson leaves at least three dead

Russian shelling of Ukraine‘s southern city of Kherson left at least three people dead on Sunday, President Volodymyr Zelensky said.

“Today, the Russian army has been shelling Kherson atrociously all day,” Zelensky said in his evening address. “Two women, nurses, were wounded in the hospital. As of now, there are reports of six wounded and three dead.”

The front in southern Ukraine has been considerably quieter recently than in the east, with Moscow withdrawing from Kherson city in November last year.  But the key city and regional capital is still subject to frequent shelling.

2:35am: Russian strikes eastern Kharkiv city destroying residential building

In eastern Kharkiv, the second-largest city in Ukraine, the governor of the regional military administration said a Russian strike hit “a four-storey residential building”.

The victims included an elderly woman and the “building was partially destroyed,” said regional governor, Oleh Synehubov, on Telegram.

In the Zaporizhzhia region of southern Ukraine, where fighting intensified in recent days after several months of a stagnant front, Moscow-appointed officials said Kyiv struck a railway bridge, killing four people.

Ukraine on Sunday carried out an “attack from a HIMARS multiple rocket launcher on a railway bridge across the Molochnaya river”, the Russian-installed head of the region, Yevgeny Balitsky, wrote on social media. “Four people from the railways brigade were killed, five were injured,” Balitsky added.

© France Médias Monde graphic studio

(FRANCE 24 with AFP, AP and Reuters)



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Why can’t the young guns stop Djokovic?

Shortly after 35-year-old Novak Djokovic despatched another considerably younger player to win a 22nd Grand Slam title, his coach Goran Ivanisevic was asked how long the new Australian Open champion could stay at the top level.

The response probably sent a chill through the rest of the ATP Tour.

“Definitely two, three more years,” said Ivanisevic, who has helped Djokovic win seven of his major titles.

“His level is unbelievable. He is from outer space. His brain is working different.”

Djokovic, who turns 36 in May, showed all facets of his greatness on the way to beating 24-year-old Stefanos Tsitsipas in Sunday’s Melbourne final.

The Serb has won five of the past seven Grand Slams he has played in, although this victory came in a tournament where Spanish teenager Carlos Alcaraz – the world number one before the event and new leader of the next generation – was ruled out through injury.

BBC Sport analyses why Djokovic remains so difficult for the younger players to topple.

The aura

Pretty much every younger opponent talks before a match about treating Djokovic like any other opponent – playing the man and not the name.

But how many truly believe it and don’t get overawed?

Greece’s Tsitsipas was the last of four players at least a decade younger than Djokovic to be beaten by him in Melbourne.

In the past four years Djokovic has lost only five of the 45 matches he has played against opponents under the age of 23.

Djokovic has won six of his seven Grand Slam finals in that period against players born in the 1990s, with Russia’s Daniil Medvedev landing the younger generation’s only success in the 2021 US Open.

Tsitsipas insists Djokovic’s stranglehold on the younger players isn’t a “curse”.

“I don’t see this as something annoying. This is very good for the sport, to have competitors like him, to have champions like him,” said Tsitsipas, who has lost his past 10 meetings with Djokovic.

Whether Tsitsipas sincerely thinks that is a different matter. If he does, it feels like he is an exception.

It has been telling that Russian fifth seed Andrey Rublev and American Tommy Paul – the players whom Djokovic made light work of in the Australian Open quarter-finals and semi-finals respectively – discussed the dread which players feel when seeing his name in their part of the draw.

Rublev, 25, laughed when he said after his last-16 win that he wished Djokovic was in the opposite side – but it was no laughing matter as he became increasingly despondent on the way to a straight-set beating.

“A lot of players have a lot of respect for his game,” said 25-year-old Paul, who was also despatched in three sets.

“No-one really wants to see him on their part of the draw.”

Nineteen-year-old Alcaraz (right), the youngster who looks best placed to stop Djokovic in 2023, beat the Serb in the Madrid Open semi-finals last year – their only meeting

The on-court mentality

When the going gets tough on court, Djokovic gets going.

That is particularly relevant in the biggest moments of the biggest matches and is a key reason why he has won 22 of the 33 Grand Slam finals he has played.

Tsitsipas said Djokovic, who saved 23 of 29 break points during the Australian Open, including two of three in the final, is a player who “pushes you to your limits” on the court.

“He’s very important for us that want to get to his point one day. Getting our asses kicked is for sure a very good lesson every single time,” he said.

“He has made me a much better player. He has made my levels of concentration higher and higher every single time I get to play him.

“You have to be really involved and you have to be dedicated to the game when you play against him.”

The technique and tactics

Everyone has a game plan going into a match against Djokovic. Executing against someone of his talent is another story.

As Paul put it after the semi-final, Djokovic can make them “play so bad”.

The American offered some insight into his tactics and how Djokovic neutralised those plans.

“I wanted to serve and volley some. I didn’t serve and volley once,” he said.

“When I did make my first serve, I felt like he was returning it to the baseline. I was automatically on defence.

“I wanted to throw in drop-shots. I didn’t get an opportunity to do any of that because he was hitting so deep.

“I wanted to change up pace with my slice. I missed my first three slices of the match. I was like ‘all right, I’m going to start hitting my backhand, I’m not slicing well’.

“He didn’t let me do all those things because of things that he did so well.”

The body

Djokovic has long appreciated the need to take care of his body to prolong his career and achieve success into his 30s.

He has regularly cited changing to a gluten-free diet more than a decade ago as a recipe for his success.

While he does not consider himself a vegan, Djokovic steers clear of eating meat, fish and other animal-based products.

Taking up yoga and a daily routine of stretches has been key in helping maintain the extraordinary elasticity which he continues to show when chasing down balls on the court.

Novak Djokovic stretches for a ball in the Australian Open final
Djokovic stretches for a ball in the Australian Open final

“The way he’s taking care of his body, the way he approach about everything, the food, it’s amazing. It’s unbelievable, the level,” said Ivanisevic.

When Djokovic outlined his reasons last year for not having a vaccination against coronavirus, he said he wanted to be “in tune with my body as much as I possibly can”.

He added he had “always been a great student of wellness, well-being, health, nutrition”.

The resilience

With success comes scrutiny and Djokovic often finds himself at the centre of drama – whether it is of his own making or not.

Last year he was unable to defend his Australian Open title after being deported from the country following a row over his Covid-19 vaccination status.

Djokovic had also been hampered by a hamstring injury at Melbourne Park, which Ivanisevic reckoned would have ruled out “97% of the other players”.

“If I turn back the time two and a half weeks ago, I wasn’t really liking my chance with the way I felt with my leg,” said Djokovic.

“Then it was just a matter of survival of every single match, trying to take it to the next round.”

Another curveball was thrown his way before Friday’s semi-final against Paul.

His father Srdjan was pictured outside Rod Laver Arena with supporters of Russian president Vladimir Putin, creating a controversy which Djokovic said was “not pleasant” to deal with.

Nevertheless, he managed to put all these distractions behind him as he levelled Rafael Nadal’s record of men’s majors.

“It required an enormous mental energy really to stay present, to stay focused, to take things day by day,” Djokovic said.

Few would bet against the world number one winning more majors than any other player in the history of the sport, unless Tsitsipas, Alcaraz or the rest of the younger generation – plus 36-year-old Nadal, set to go for a 15th triumph at the French Open in June – can stop him.

“Of course, 35 is not 25, even though I want to believe it is. But I still feel there is time ahead of me. Let’s see how far I go,” said Djokovic.

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El espionaje de Layda

Un caso muy serio de espionaje ha pasado a ser, inexplicablemente, tema de segundo plano ante la banalización del delito y las obscenidades de la gobernadora de Campeche, Layda Sansores, con las que respondió a Proceso, de que publicó varios chats que revelaban actos ilegales de sus cercanos contra el líder del PRI, Alejandro Moreno. Sansores agregó que las conversaciones, que sugerían también peculado al financiar campañas electorales, eran un “invento” y los diálogos habían sido fabricados. El último episodio sobre la impunidad de la gobernadora al utilizar información obtenida ilegalmente para sus fines políticos, terminó así, en dimes y diretes.

Más de 60 horas de conversaciones telefónicas le fueron proporcionados por el Centro Nacional de Inteligencia para neutralizar a Moreno y obligarlo a aprobar las reformas del presidente Andrés Manuel López Obrador. Sansores, que está alineada con Claudia Sheinbaum en la lucha por la candidatura presidencial, uso intercepciones telefónicas para dañar a uno de los adversarios de la jefa de Gobierno de la Ciudad de México, el senador Ricardo Monreal.

Lo que dio a conocer Proceso escaló aún más en el andamiaje del espionaje descarnado en estos tiempos mexicanos, donde es posible violar la ley si se está del lado correcto de la historia, el que narra López Obrador. Sansores refutó el contenido y la manufactura de los chats, que es lo mismo que ella y su equipo han hecho con chats de políticos que ha dado a conocer en el llamado “Martes del Jaguar”. Pero la esencia de lo publicado no fue refutado, pese a su trascendencia por dar a conocer un presunto centro de inteligencia armado por el fiscal de Campeche, Renato Sales, con un equipo que había comprado por la Oficialía Mayor de la Secretaría de Gobernación, durante el gobierno de Enrique Peña Nieto.

El origen del equipo en ese centro de inteligencia que apareció en los chats de marras, se rastrea a la Comisión Nacional de Seguridad, que funcionaba en el sexenio pasado como sustituto de la extinta Secretaría de Seguridad Pública, durante la gestión de Sales, quien fue denunciado la Auditoría Superior de la Federación a la Fiscalía Especializada en Combate a la Corrución el 22 de mayo pasado, porque el equipo por el que se había pagado más de 807 millones de pesos, concluyó, nunca llegó a su destinatario.

El equipo, de acuerdo con la ASF, fue gestionado y adquirido entre el 18 de junio y el 30 de septiembre de 2018 a la empresa del israelí Rafael Advance Defense Sysrems, muy vinculada al Ministerio de Defensa de esa nación, para fortalecer las capacidades técnicas y de operación de la CNS para prevenir delitos. El equipo, que opera con drones, se iba a utilizar en inteligencia científica, investigación, antidrogas y la Gendarmeria, que sustituyó a la Policía Federal. De acuerdo con la denuncia a la fiscal María de la Luz Mijangos, nada de esto se cumplió. Sales no fue sancionado porque a él no firmó el contrato, pero no se conoce qué hizo la fiscalía.

Ese equipo era el segundo adquirido. El primero se compró a la empresa israelita en 2015, firmado por el entonces jefe de Inteligencia de la Policía Federal, Damián Canales. Esa adquisición no tuvo observaciones por parte de la ASF, como el de 2018, que se convirtió en la primera acción contra la corrupción emprendida en 2019 por el primer secretario de Seguridad Pública del gobierno actual, Alfonso Durazo, quien aseguró que se había cancelado el contrato. Durazo no precisó el nombre de la empresa que vendió el equipo -software y hardware- y solo dijo que se trataba de una empresa israelita. Tampoco mencionó si al cancelar el contrato se había devuelto el equipo, o qué penalidades se habían tenido que saldar por la terminación anticipada.

Lo que sugirió la publicación en Proceso es que ese equipo nunca fue devuelto. Lo que sucedió, de acuerdo con funcionarios que conocen la ruta del sistema, es que una parte se quedó en lo que hoy es la Guardia Nacional, y otra se regresó al distribuidor de Rafael, un contratista mexicano-colombiano, después de haberse detenido la operación en la aduana en Tijuana. No está claro si, como dicen los chats, en efecto, está en el centro de inteligencia de la gobernadora Sansores, y  fue el utilizado para intervenir las comuniciones de Moreno, aunque algunas de ellas no fueron interceptadas, sino que se lograron mediante la activación remota del audio.

La trivialidad con la que se ha manejado todo caso es inverosímil. Debe investigarse si Sales se llevó el equipo como dice Proceso, pese a que nunca manejó directamente el sistema Rafael en el CNS, pero tampoco se ha desmentido que terminara al servicio de Sansores. Pero aún suponiendo que el espionaje a Moreno y a otros políticos no salió de un centro de inteligencia en Campeche, no anula los actos ilegales sistemáticos de la gobernadora Sansores al dar a conocer intervenciones ilegalmente obtenidas.

El espionaje campechano nunca lo investigó la Fiscalía General, pero el Tribunal Electoral abrió un camino importante al dictar una sentencia el año pasado en donde habla de la intervención ilegal de la plataforma de WhatsApp. Meta, su matriz, podría denunciarla en tribunales, como recomendó el Tribunal Electoral, y replicar lo que hizo contra la empresa israelita NSO en Estados Unidos por espiar a políticos y periodistas.

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Si lo hace, forzará una investigación sobre el espionaje que está encubriendo el gobierno mexicano, y podrían abrirse los chats difundidos por Sansores con una orden judicial en Estados Unidos, que es su jurisdicción, para establecer cómo se realizó el espionaje y los orígenes de la intervención de las comunicaciones.

La gobernadora es una delincuente confesa, y de proceder la investigación en Estados Unidos, Sansores no sería la única que podría pagar las consecuencias, sino también las áreas federaldes que presuntamente realizaron el espionaje, y los responsables en autorizarlos o tolerarlos, donde quedarían en entredicho no sólo el fiscal Gertz Manero, sino el propio Presidente de la República.

Correo: [email protected]
Twitter: @rivapa

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