I have no way to defend my borders but to extend them Empress Catherine the Great of Russia I came across this interesting map of the expansion of the Russian empire. In the 1500s Russia was small. Then over the next few centuries it conquered many lands and the Soviet Union became the largest country …
Continue reading ‘Map of The Russian Empire From 1533 To Early Nineteeth Century’ »
Russia’s trade with China and India are soaring to record levels this year. The import of Russian oil, gas and coal by these countries has increased dramatically following the Russian invasion of Ukraine and Russia offering cheaper prices. This is not a surprising news since both these countries are developing countries and have historically maintained …
Continue reading ‘European Countries Continue Trading with Russia Despite Sanctions: Chart’ »
BNY Mellon, the depository for many Russian DR programs has posted an update on the automatic conversion of Russian ADRs and GDRs to the ordinary shares trading on the local market. This update provides answers to some of the questions that owners of Russian ADRs may have. The automatic conversion starts from 8/31/22 to 9/6/22 …
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The saga with Russian DR programs continues to evolve. I posted a note on Automatic and Forced Cancellation as notified by the depository BNY Mellon on mid-last month. Today BNY Mellon has published the below important update on the automatic conversion of Russian ADRs. As the deadline nears for the cancellation of these ADRs, many …
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BNY Mellon has published another update on Russian ADR programs. The notice specifically discusses their understanding on the Russian DR Delisting Law passed in April this year. You can check the below screenshots for more details or visit their site directly. Click to enlarge Source: BNY Mellon