Tuesday, January 4, 2022

Hoarding ICL stock


The West has been seriously offended by Lukashenka's smuggling of "refugees" into the EU and is taking action. The American Treasury uses Bielokali to send a message to Lukashenka, and which is good news for ICL's share price. Quote section of the Treasury's "shaming" aka ultimatum: 

 INCREASED SANCTIONS ON THE POTASH SECTOR OF THE BELARUS ECONOMY

OFAC is designating additional entities to limit the financial benefits that the Lukashenka regime derives from potash exports. These designations follow OFAC’s August 9, 2021 designation of the major potash entity in Belarus, the Belarusian SOE Belaruskali OAO.

...

As part of the designation of Slavkali, OFAC is identifying a luxury helicopter, EW-001PH, as property in which Slavkali has an interest. Painted in the colors of the Belarusian flag with the state seal emblazoned on the seats, EW-001PH was purchased by and is owned by Slavkali and has been used to ferry Lukashenka between his suburban residence and Minsk.

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