On Monday, authorities in Russia’s Kaliningrad region found the decapitated body of Alexei Sinitsyn, the CEO of K-Potash Service, a fertilizer company. Law enforcement sources suggest suicide as the cause of death, with the body discovered under a bridge outside Kaliningrad. Sinitsyn, 43, was overseeing the Nivensky-1 potassium-magnesium deposit project, initially slated for 2021 but delayed until 2032, a project once praised for its potential to make the region a fertilizer leader. K-Potash Service is wholly owned by the Dutch-registered company Vyrex B.V., and officials have not yet released a public statement regarding Sinitsyn’s death.
Read More
Saskatchewan Premier Scott Moe strongly condemned a U.S. plan to restore Russian fertilizer sales, calling it the most disturbing action by the Trump administration since his election. Moe argued this action effectively funds Vladimir Putin’s regime and the ongoing deaths of Ukrainians. NDP Leader Carla Beck echoed these concerns, highlighting the potential for Russian potash to flood the market and harm Saskatchewan’s economy. Moe stated this situation necessitates Saskatchewan reducing its dependence on the United States, though details of a provincial response remain unclear.
Read More
Saskatchewan Premier Scott Moe condemned a U.S. plan to restore Russia’s fertilizer exports, deeming it funding for the war in Ukraine. This action, he stated, has significantly altered Saskatchewan’s view of the U.S., prompting consideration of reduced dependence. NDP Leader Carla Beck criticized Moe’s previous inaction and highlighted the potential devastating impact on Saskatchewan’s potash industry from increased Russian competition. Moe acknowledged the need for a stronger provincial response to U.S. actions, although specifics remain undisclosed. The ongoing trade disputes and tariffs between Canada and the U.S. further complicate the situation.
Read More