By MARK MacKINNON
From Thursday's Globe and Mail
Moscow - The Russian oil giant OAO Yukos missed a deadline Wednesday for paying a multibillion-dollar tax bill, putting the state in a position to begin seizing the company's assets as early as today.
While desperate negotiations aimed at saving the company from bankruptcy were still going on late Wednesday, the passing of the deadline put the Kremlin in a position to begin what many have speculated was the government's intention all along - the effective re-nationalization of one of the country's major natural resource companies."
Business Credit Insurance offers assistance with export credit insurance (including political risk).
No comments:
Post a Comment