Russia says it has evacuated all of its diplomats from Libya after mob attack on its Embassy
Shelton added as much as 23 percent to 41 kronor, its highest level since at least Nov. 20 and steepest intraday advance since Sept. 17 this year. They rose 22 percent to 40.7 kronor as of 12:25 p.m. local time, with volume at more than five times the daily average in the past three months. The companys fourth well on the Rustamovskoye oil field in Russia has been taken into production with an initial flow rate of more than 300 barrels per day, it said in a statement today. Thats significantly higher than the fields previous wells, it said. The combined production of Sheltons Russian and Ukrainian operations now total some 1,000 barrels per day. We have two surrounding fields that also have potential but focus has been on the Rustamovskoye field and thats where we have the immediate focus to increase production, Shelton Chief Executive Officer Robert Karlsson said in a telephone interview today. Whats a lot of fun with this latest well is that it strengthens our view of the field. All else equal, it increases the potential to extract reserves from the field. Sheltons Rustamovskoye field, which produces 700 barrels per day, is the only of its three licenses in Bashkiria in the Volga-Urals area in Russia that produces oil, Karlsson said. The company also has a joint venture in Ukraine with oil and gas companies Ukrnafta and Chornomornaftogaz, he said. If we can repeat these results in future drillings, the company will be able to increase its reserves substantially at the next reserves update, the Stockholm-based oil explorer said in the statement. Opportunities to successfully develop its three fields in Bashkiria will increase manifold. To contact the reporter on this story: Johan Carlstrom in Stockholm at email@example.com To contact the editor responsible for this story: Jonas Bergman at firstname.lastname@example.org
An armed mob broke into the embassy compound in the Libyan capital Tripoli, climbing over walls, breaking down a metal gate and shooting in the air. One of the attackers was killed by the gunfire, and four more were wounded, Libyan officials said. Russian Foreign Ministry spokesman Alexander Lukashevich said in Thursdays statement that Moscow decided to evacuate the embassy after Libyas Foreign Minister Mohamed Abdelaziz visited its grounds and told the Russian ambassador that Libya was unable to protect the personnel. Lukashevich added that all the embassy workers and their families safely crossed the border into Tunisia Thursday. He said that the Libyan authorities had promised to protect Russian assets and try to quickly restore conditions for the safe operations of the embassy. Several senior diplomats will stay in Tunisia to maintain contacts with Libya, while the rest of the embassy workers will be flown to Moscow Friday, Lukashevich said. He added that the Foreign Ministry recommends Russian citizens should refrain from visiting Libya. Wednesdays violence briefly raised fears of a repeat of last years deadly attack on a U.S. compound in the eastern city of Benghazi, in which the U.S. ambassador and three other Americans were killed. In that instance, on the anniversary of the Sept. 11, 2001, terror attack, militants fired mortars at the consulate, surrounded it and set it on fire. A Libyan official said Wednesdays attackers took down the Russian flag that was hanging from the balcony of one of the buildings. But they did not enter the embassy buildings, he said, speaking on condition of anonymity because he was not authorized to talk to the media. Copyright 2013 The Associated Press.
Russia considering total GMO ban
The only good news today is the Chinese data, which is positive for Russian companies, Vadim Bit-Avragim, who helps manage about $4.4 billion at Kapital Asset Management in Moscow, said by phone. At the same time, the U.S. government shutdown continues to weigh on the market, creating volatility. A shutdown lasting one week would probably shave 0.1 percentage points from economic growth, according to the median estimate of economists in a Bloomberg survey. The cost would accelerate if the closing persists. Alrosa Rally Uralkali climbed after saying third-quarter potassium chloride output rose to 2.7 million tons from 2.6 million tons a year earlier. OAO Alrosa gained 0.3 percent to 38.89 rubles, extending yesterdays 7 percent rally after the worlds largest diamond miner said the Russian government and the Republic of Yakutia, in the countrys far east, would sell a combined 14 percent stake. Alrosa will also sell about 2 percent of treasury stock, with proceeds used to reduce debt, it said. Polymetal International Plc slid 1.5 percent to 328.86 rubles, the most on the index. TCS Group Holding Plc, the owners of Tinkoff Credit Systems Bank, announced plans for a $750 million initial public offering in London , set to become the first Russian company to sell shares in the city this year. TCS is poised to sell between $150 million and $200 million in the form of global depositary receipts, according to a statement today from the Russian consumer lender. I think Tinkoffs IPO will trigger a lot of global investor interest, more than Alrosa, Bit-Avragim said.
Russia Stocks Fluctuate as Uralkali Advances on Higher Output
Heyes Pin It (NaturalNews) The Russian government has ordered all relevant agencies to examine whether or not to continue imports of genetically modified organisms (GMOs) into the country. According to reports, Russian Prime Minister Dmitry Medvedev ordered the action, directing the agencies to make their recommendation by October 15. Per the website GM Watch: The order is addressed to Rospotrebnadzor, the Health Ministry, the Agriculture Ministry, and the Trade and Economic Development Ministry. They are ordered to “submit proposals on amendments to the Russian legislation aimed at tightening control over the turnover of products containing components obtained from GMOs together with the relevant federal executive bodies.” ‘Russia is currently taking a hard line on GMOs’ The Russian agencies have also been instructed to submit proposals “on the possibility of banning the import of such products into the Russian Federation.” Medvedev’s order came after a similar directive was issued by Russian President Vladimir Putin following a meeting on the socio-economic development of the Rostov region Sept. 18. Medvedev’s orders were posted on the government’s website and reported by the Russia-based Interfax News Agency. “Russia is currently taking a hard line on GMOs – in August the first independent project for identifying whether Russian farmers are growing illegal GM crops started in the Belgorod region,” GM Watch reported. Russian authorities have been on the lookout for illegal GM crops. Recently, the country’s National Association for Genetic Safety (NAGS) conducted its first checks of crops for the presence of GMOs, but none were found in any Belgorod fields. “We remind you that currently, according to the law in Russia , 19 GM lines are allowed in foodstuffs, but the cultivation of GMOs is not allowed,” said GM Watch. After its admission into the World Trade Organization, Russia became obligated to simplify the procedure for registering GM crops, products and feed, seek to stop their safety checks and end controls over their distribution, the GM Watch site reported. A year ago, as Natural News editor Mike Adams, the Health Ranger, reported, Russia banned all imports of GM corn, following an earlier study by French researchers which showed that rats grew massive cancer tumors when fed a lifetime of Monsanto’s genetically modified corn. “The Russian ban is the latest blow to Monsanto, a company desperately clinging to the myth that its genetically modified crops are ‘no different’ than traditional crops and therefore long-term safety testing is completely unnecessary,” Adams wrote, adding that Monsanto criticized the French study but did not duplicate the duration of it in its own testing.
Lavrov said. But the idea of using the diplomatic momentum from the chemical weapons deal to drive wider peace negotiations does not look promising. Western and Arab countries who are sponsoring the fractious Syrian rebel coalition appear helpless to get any kind of consensus among their proxies, much less herd them into negotiations with the regime by mid-November, as Lavrov and US Secretary of State John Kerry had agreed to do. “Until recently we have been relying on our Western partners, who pledged to push the opposition to the negotiations table, and we hoped they would manage it quickly. But so far they have not succeeded. And I am not sure they will by mid-November,” Lavrov told a news conference in Moscow Tuesday. Russian experts say that if Western powers are serious about promoting a negotiated peace, they must first abandon the illusion that the growing body of jihadist-linked Syrian rebels can ever unify behind a democratic and secular program for the country. Sergei Markov, a political analyst who’s been a frequent adviser to President Vladimir Putin in the past, says there are groups of moderate rebels who could be induced to negotiate a peace settlement and political transition for Syria. But, he says, the US must first make a firm decision to exclude the jihadists as the common enemy of all, and work for a settlement between regime and moderate rebels. That’s a big leap for Washington, which still sees Assad as the main enemy and believes that the jihadist problem can be dealt with after the regime’s overthrow, Mr. Markov says. “The US and others are still backing militant Syrian oppositionists with arms and diplomatic support, even though Western public opinion more and more recognizes that these rebels are not democrats, but violent radicals aligned with Al Qaeda,” he says. “Because of this the preparations for a Geneva-2 peace conference are still not going well.” One continuing bone of contention, which drives the fundamentally opposing views of Russia and the West about the Syrian war, is the dispute over who used chemical weapons against Syrian civilians in a Damascus suburb on Aug. 21, and on at least three earlier occasions. The West appears certain the Assad regime is to blame, while Russia argues that the rebels seeking to trigger US intervention on their side may be responsible .