OAO Uralkali Chief Executive Officer Dmitry Osipov favors stable potash prices as he considers how to manage output at the world’s biggest producer of the fertilizer.
OAO Uralkali, the world’s largest potash company by production, cut its output target for this year by about 8 percent to support prices.
Billionaire Dmitry Mazepin’s OAO Uralchem, which bought a $4 billion stake in OAO Uralkali last year, is targeting sales growth in Africa as Russia’s biggest nitrogen fertilizer maker seeks to diversify.
Belarusian President Aleksandr Lukashenko said businessmen who fund political opponents of his regime will be deemed enemies of the state.
The suspects in this week’s subway bombing in Minsk that killed 12 people have confessed, Belarusian President Aleksandr Lukashenko said.
Belarus’s dollar bonds tumbled to the lowest since March on a report the nation will be forced to borrow more from Russia and speculation the government will scupper a program to sell state assets.
Russian President Vladimir Putin signed a treaty with his counterparts from Kazakhstan and Belarus creating a trading bloc of more than 170 million people to challenge the U.S. and European Union.
President Aleksandr Lukashenko reiterated that Belarus won’t sell state-controlled fertilizer producer Belaruskali for less than $30 billion, Belta reported.
Belarusian President Aleksandr Lukashenko replaced Pyotr Prokopovich as head of the nation’s central bank with his deputy, Yury Alymov, the state-run Belta news service reported.
"I am sure that sooner or later Ukraine's leadership will understand where its happiness lies."
- Aleksandr Lukashenko on May 29, 2014