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Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.
Sheikh Qassem: The government’s latest decision [on the disarmament of the Resistance] is non-charter-based, and if the government continues down this path, it is not faithful to Lebanon’s sovereignty.

Russia nationalizes assets of French Renault

  • By Al Mayadeen English
  • Source: Agencies
  • 16 May 2022 11:08
  • 2 Shares
2 Min Read

The Russian government has taken control of French carmaker Renault's Russian assets, including the Renault Russia plant, which has been transferred to the Moscow government.

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  • Russia nationalizes assets of Renault
    Russia nationalizes the assets of French Renault.

The Russian government has taken control of French carmaker Renault's Russian assets, including the Renault Russia plant, which has been transferred to the Moscow government, and shares in Russian vehicle plant AvtoVAZ, which has been transferred to a state-run research center, according to the Russian Ministry of Industry and Trade on Monday.

In March, Renault announced it would suspend operations at its Moscow plant and investigate alternatives for selling its majority ownership in the Russia-based AvtoVAZ conglomerate.

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According to the Ministry's Telegram announcement, "Russian assets of the Renault group are being passed to state ownership. Agreements have been signed on the transfer of Russian assets of the Renault group to Russia and the Moscow government. The agreements signed provide for the transfer of Renault Russia shares to the city of Moscow and AvtoVAZ shares to the government represented by FSUE [federal state unitary enterprise] NAMI."

As a result, the city of Moscow would hold 100% of Renault Russia, while the Russian government, represented by NAMI, will possess 67.69% of AvtoVAZ shares. Rostec, the Russian state technology firm, will keep the remaining shares.

Moscow Mayor Sergei Sobyanin stated that he decided to adopt the plant in order to save the employment of its employees and to resume the manufacture of vehicles under the Soviet-Russian brand Moskvitch.

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