#AceFinanceNews SIMFEROPOL The referendum to be held in…

#AceFinanceNews – SIMFEROPOL,- The referendum to be held in Crimea on March 16 will have to decide whether its residents want to join Russia to stay within Ukraine.

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Dual currency circulation of the Russian rouble and the Ukrainian hryvnia may be introduced in Crimea (autonomy within Ukraine) for a transitional period already next week, March 18 or 19, if the decision is made to join Russia, Crimean Prime Minister Sergei Aksyonov said Aksyonov also said that residents of Crimea would be able to keep their Ukrainian passports if they acquire Russian citizenship upon accession to Russia. “Dual citizenship is not prohibited in Russia,” he said.

#afn2014, #crimea, #hryvnia, #rouble, #russia, #russian, #russian-crimean-prime-minister-sergei-aksyonov, #ukraine, #ukrainian

New Fed Chairman Angrily Rejects Central Bank Audit

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` Crimea (autonomy seeking independence from Ukraine) hope that ` Ukrainian Banks will not block Crimean Residents’ Accounts.

#AceWorldNews – SIMFEROPOL, The authorities of Crimea (autonomy seeking independence from Ukraine) hope that Ukrainian banks will not block Crimean residents’ accounts.

Otherwise, the autonomy’s government will have to sell Ukrainian state property to make up for these losses, Crimean Prime Minister Sergei Aksyonov said on Saturday, March 15.

He stressed that the Crimean authorities “do not touch by any means” Ukrainian banks’ branches on the peninsula. However, “our main task is to return deposits to people… and if Ukrainian banks do so, that will be one kind of situation.

If they don’t, then we will sell Ukraine’s property to compensate people [for their losses],” he said.

The prime minister reiterated that private property and banks would not be nationalised in Crimea.

“We will only make the decision on health resorts, real estate and other property owned by the Ukrainian state.
This issue will be addressed by a working group after the referendum [on Crimea’s status to be held on March 16,” Aksyonov said.

Much will depend on “how the state of Ukraine acts,” he said. If the Ukrainian authorities cut off electricity or take other steps against Crimea, its authorities will regard this as an act of sabotage, Aksyonov said.

“Future decisions on Ukraine’s real estate [on the peninsula] will depend on that,” he said. The authorities of Crimea (autonomy seeking independence from Ukraine) hope that Ukrainian banks will not block Crimean residents’ accounts.
Otherwise, the autonomy’s government will have to sell Ukrainian state property to make up for these losses, Crimean Prime Minister Sergei Aksyonov said on Saturday, March 15.

He stressed that the Crimean authorities “do not touch by any means” Ukrainian banks’ branches on the peninsula. However, “our main task is to return deposits to people… and if Ukrainian banks do so, that will be one kind of situation. If they don’t, then we will sell Ukraine’s property to compensate people [for their losses],” he said.

The prime minister reiterated that private property and banks would not be nationalised in Crimea. “We will only make the decision on health resorts, real estate and other property owned by the Ukrainian state. This issue will be addressed by a working group after the referendum [on Crimea’s status to be held on March 16,” Aksyonov said.

Much will depend on “how the state of Ukraine acts,” he said. If the Ukrainian authorities cut off electricity or take other steps against Crimea, its authorities will regard this as an act of sabotage, Aksyonov said. “Future decisions on Ukraine’s real estate [on the peninsula] will depend on that,” he said.

Itar-Tass – Reuters – News Sources

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#acefinancenews, #autonomous-ukrainian-republic-of-crimea, #crimea, #crimean, #itar-tass, #reuters, #russian-crimean-prime-minister-sergei-aksyonov, #ukrainian

` Rosneft and Gazprom are Officially the only `Two ‘ to be `Awarded’ Arctic Shelf Permits though exact amount paid is Unknown ‘

#AceFinanceNews says that Gazprom and Rosneft are officially the only companies with the right to explore the Russian Artic shelf, as they both received exclusive extraction licenses in return for large cash payments.

In 2009, Rosneft agreed to pay 1.4 billion roubles ($450 million) and Gazprom 1.2 billion in a resolution passed by the state Duma, but the exact amount paid in June 2013 for the licenses is unknown.

Russia has passed a law that only companies in which the state owns more than half and have at least 5 years of Arctic experience are eligible for permits

Lukoil, the country’s second largest oil company, is publicly owned, and Sugtneftegas, known to have close ties with the Kremlin, is also publicly owned, and therefore not up for a permit.

Tatneft is the country’s sixth largest and operates out of the Republic of Tatarstan, which is also the company’s primary shareholder.

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#artic-shelf, #gazprom, #kremlin, #lukoil, #republic-of-tatarstan, #rosneft, #state-duma, #sugtneftgas, #tafneft

` Sea of Okhotsk in the `Far East ‘ now `Russian Continental Shelf ‘ open for Oil and Gas Exploration ‘

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` Austrian Court has ruled to release Ukrainian Oilgarch `Dmitry Firtash ‘ on a 125 Million Euro’s Bail ‘

#AceFinanceNews An Austrian court has ruled to release Ukrainian oligarch Dmitry Firtash on a 125 million euros bail, but ordered him to stay in the country pending US extradition.

Earlier it was reported that Austrian authorities detained the Firtash, on charges of bribery at the request of Washington.

The detained Ukrainian national is believed to have business ties with the ousted Ukrainian president, Viktor Yanukovich.

Police claim that the arrest of the entrepreneur is not linked to the Ukraine crisis.

The Austrian authorities noted that the FBI has been investigating Firtash since 2006, and that an arrest warrant had been issued for him by a federal judge in Virginia, the.

The Group D, owned by the Firtash confirmed his arrest in Vienna, saying that the incident was a “misunderstanding” and will cleared in the “near future.”

Related links: March 13 http://wp.me/pzTwj-2Ea

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#austrian, #dmitry-firtash, #ukrainian, #viktor-yanukovych, #washington