Britain issued an arrest warrant

The British authorities announced the issuance of an arrest warrant for Eurasian Resources Group CEO Benedict Sobotka.

A statement by the Anti-Fraud Office (SFO) states that a top manager’s arrest warrant was issued after he failed to appear in court in London on a corruption case with Eurasian Natural Resources Corporation. Moreover, as noted, the head of the ERG Benedict Sobotka is not a suspect in the investigation of corruption.

Avdocat top manager Kevin Roberts, a partner at Morrison & Foerster, said the news about the appearance of an arrest warrant for his ward was a “surprise”, noting that such a decision was not justified or necessary, as Sobotka was ready to cooperate with the investigation ENRC case. This was reported by City AM.

British authorities have been investigating Eurasian Natural Resources Corporation and affiliates since 2013 in connection with the assumption that the company allegedly bribed in exchange for acquisitions in Kazakhstan and Africa.

Photo: Eurasian Resources Group Press Service

The Eurasian Resources Group, a company incorporated in Luxembourg, is one of the largest commodity companies in Kazakhstan. According to ERG, the company represents 1/3 of the metallurgical mining industry of Kazakhstan, also being the main electricity supplier in the country.

Until 2013, Eurasian Natural Resources Corporation shares were listed on the London Stock Exchange, later Eurasian Resources Group bought out ENRC and removed it from the status of a public company.

State Duma ratifies social security agreement with Serbia

The State Duma of the Russian Federation approved the agreement on the right to receive insurance, social and funded pensions by citizens of the Russian Federation and Serbia.

The law “On Ratification of the Agreement between the Russian Federation and the Republic of Serbia on Social Security” was adopted on Tuesday, July 10, at a plenary meeting of the State Duma.

The contract was signed in Moscow on December 19, 2017 and applies to persons who are citizens of the Russian Federation and Serbia, residing in their territories, as well as members of their families.
Russia and Serbia will calculate the size of the pension based on the laws of the countries and in accordance with the insurance experience received by citizens on its territory.

The ratified contract also provides for payments to the insured person in connection with an industrial accident or occupational disease, as well as family members in the event of his death.

Mexico will build its “Trump wall” in the south of the country

Mexican President Andres Manuel Lopez Obrador plans to create his version of the “Trump Wall” in the south of the country.

“We will create a border police service that will be highly specialized,” said future Minister of Public Security Alfonso Duraso.

The key goal of this service is to stop the flow of migrants from South America, as well as to block drug supply channels. Part of this unit will also be deployed on the northern border with the United States, through which Central American migrants penetrate the territory of Mexico’s northern neighbor.

It is worth noting that on Friday in Mexico City will be the first meeting of Obrador with US Secretary of State Mike Pompeo. One of the topics of discussion may be the future of the fight against illegal migration. It is highly likely that the creation of a service to control the southern border is an attempt to convince the Trump administration to abandon such radical measures as building a wall on the border of Mexico with the United States.

Drug flow across Mexico’s southern border and killings hit record in 2017

Since the beginning of this year, U.S. President Donald Trump has repeatedly accused Mexico for not helping to stop the flow of illegal immigrants to the United States, and has constantly reiterated its election promise that Mexico will pay for the wall along the border between the United States and Mexico.

As Vesti.Ekonomika wrote, in early January, the US presidential administration Donald Trump asked Congress to fund $ 18 billion to finance the initial phase of the construction of the wall on the border with Mexico. For this money, by 2027 it is planned to strengthen over 50% of the border.

In it, Trump asks for $ 18 billion for the construction of 508.6 km of new fences and the strengthening of 655 km of old ones. As a result, by 2027, according to the plan of Trump, more than half of the border with a length of approximately 3.2 thousand km will receive a wall 9.1 m high.

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