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low economyVERIFIED

Russia to sell $180m stake in Sovcomflot

Verified: 2 outlets in 2 countries have reported this story since Nov 4.

📍 Russia, RU·🕐 4d ago·2 outlets

Russia is preparing to sell a 7.8% stake in state-controlled shipping giant Sovcomflot as Moscow searches for additional revenues to plug its growing budget deficit. The country’s Federal Agency for State Property Management, Rosimushchestvo, has launched a tender to select an adviser to organise the sale of 7.8% minus one share in the Moscow-listed tanker …

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✓ Verified · 2 outlets

Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.

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[Claude] Both reports cover Russia's plan to sell part of its state stake in Sovcomflot to raise revenue, and they do not conflict on any facts shown.

4d ago
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Reliability
89%

Very high · How we score this

Risk Score
low risk