The world is undergoing a huge upheaval
What to do now with the Russian ADR/GDR?
Breaking News: Clearstream will continue to allow investors to convert Russian ADR/GDR into original shares until 15 October 2022. However, the investor must disclose a Russian depositary for this purpose. These could be Citibank Moscow, Gazprombank and the broker Freedom Finance, whereby Freedom Finance also has a branch in Berlin on Kurfürstendamm. An auditor from Potsdam also offers to convert Gazprom ADRs into original shares for a certain fee.
ESTV 197 – What to do now with the Russian ADR/GDR?
Breaking News
Conversion deadline of Russian ADR into original shares extended
Today, 11 August 2022, we are once again informing you about the very important conversion option of Russian ADRs into original shares, as Clearstream’s deadline has now been extended from 14 August to 15 October 2022 in agreement with the Russian NSD. The Russian NSD will not charge any fees for the conversion until 15 October.
What to do now with the Russian ADR/GDR?
Taiwan conflict could turn into a world war –
The visit of Nancy Pelosi, the Speaker of the US House of Representatives, to Taiwan caused anger and a harsh reaction in China. Pelosi was immediately sanctioned. She was banned from travelling to Taiwan because she was interfering in internal affairs. In addition, the ongoing manoeuvre was intensified with rocket fire and a similar threat was set up as Russia did in February on the Ukrainian border. The USA immediately sent warships to the Pacific. The USA would defend Taiwan in the event of an attack, but this could also trigger a world war.
Important information on the conversion of Russian ADR/GDR into original shares
Today, 4 August 2022, we are informing you of an opportunity to convert ADR/GDR into original Russian shares through the broker Freedom Finance, in case your bank/broker has problems converting the ADR/GRD into original Russian shares first. Freedom Finance is a broker listed on NASDAQ in New York but also has access to the Moscow Stock Exchange. Freedom Finance (web; www.freedom24.com) also has a branch in Berlin on Kurfürstendamm.
How effective and meaningful are the sanctions against Russia really?
Since 24 February 2022, i.e. Russia’s war of aggression against Ukraine, which violated international law, a turning point has indeed occurred. The date is likely to go down in the history books as the beginning of a new world order, the broad outlines of which are already becoming apparent. The Western alliance USA, EU, GB & Co. is standing up to “BRIC” & Co”. New supply chains and currency systems are being tested. The euro could be blown up. The US dollar could lose its dominance. Globalisation will give way to more of a regionally divided economy.