Section: Latest news

      Deutsche Bank CEO warns of deeper cuts after second-quarter revenue drop
      Jul27

      Deutsche Bank CEO warns of deeper cuts after second-quarter revenue drop

      Deutsche Bank warned that deeper cuts may be needed to turn around the lender after revenues fell sharply in the second quarter as the low interest rate environment and volatile markets weighed on the business, according to Reuters.”If the current weak economic environment persists, we will need to be yet more ambitious in the timing and...

      Removal of Berkut arms from Maidan: suspect`s name confirmed
      Jul27

      Removal of Berkut arms from Maidan: suspect`s name confirmed

      ”Nikhto Krim Nas” [No one but us] civic organization has confirmed that the organization`s leader Oleksandr Kovalyov assisted the Berkut officers in getting rid of the weapons and withdrawing from Kyiv, Yuriy Slyniavchuk, a member of the organization, said, according to 112 Ukraine TV Channel.”Yes, indeed, Oleksandr Kovalyov was suspected,” he...

      State Land Bank in Ukraine declared insolvent
      Jul27

      State Land Bank in Ukraine declared insolvent

      The National Bank of Ukraine (NBU) has decided to declare the State Land Bank insolvent.In March 2016, the State Land Bank was included in the group of problem banks due to the conflict of interest at the banking institution, and till date it has not met the regulator`s requirements to remove the infringements. What is more, the situation is...

      Turkey moving towards dictatorship – Gulen
      Jul27

      Turkey moving towards dictatorship – Gulen

      The reclusive cleric accused by Turkish president Recep Tayyip Erdogan of orchestrating a failed coup has demanded that the U.S. resist demands for his extradition from Pennsylvania, according to The Guardian.”Turkey`s president is blackmailing the United States,” preacher Fethullah Gulen wrote in a New York Times opinion piece on Tuesday, The...

      Bloomberg: Chernobyl`s atomic wasteland may be reborn with solar energy
      Jul27

      Bloomberg: Chernobyl`s atomic wasteland may be reborn with solar energy

      Ukraine`s looking toward the sun to put a radioactive wasteland back into business, according to Bloomberg.”Thirty years after atomic fallout from the Chernobyl [also known as Chornobyl] meltdown rendered an area the size of Luxembourg uninhabitable for centuries, Ukraine is seeking investors to develop solar power near the defunct Soviet...

      Oil dips to remain near three-month lows as headwinds persist – Reuters
      Jul27

      Oil dips to remain near three-month lows as headwinds persist – Reuters

      Oil prices dipped in Asian trading on Wednesday as plentiful supplies and slowing economic growth weighed on markets, although some analysts said that the current downtrend would be modest and see a recovery later this year, according to Reuters.International Brent crude oil futures LCOc1 were trading at $44.81 at 01:48 GMT, down 6 cents from...

      8 killed in multiple bomb attacks in Baghdad
      Jul27

      8 killed in multiple bomb attacks in Baghdad

      At least eight people were killed and 23 others injured Tuesday in multiple bomb attacks across Baghdad, authorities said, according to Anadolu Agency.A police officer was killed when a bomb detonated that was planted in his vehicle in al-Adl in the western area of the capital, according to the country`s interior ministry, Anadolu Agency...

      Russian proxies use 122mm artillery to attack Ukraine troops in Avdiyivka
      Jul27

      Russian proxies use 122mm artillery to attack Ukraine troops in Avdiyivka

      The combined Russian-separatist forces attacked the Ukrainian army positions in eastern Ukraine 39 times in the past 24 hours, shelling the town of Avdiyivka with the use of banned artillery systems, according to the press center of the Anti-Terrorist Operation (ATO) Headquarters.”The town of Avdiyivka remains a hot spot. The enemy fired 122mm...

      RFE/RL: Turkish crackdown nets top generals in NATO`s Afghan force
      Jul27

      RFE/RL: Turkish crackdown nets top generals in NATO`s Afghan force

      Turkey on July 26 widened its crackdown after a failed coup by detaining the top Turkish military generals that are serving as part of NATO forces in Afghanistan, according to Radio Liberty.Turkish media reports said Major General Mehmet Cahit Bakir and Brigadier General Sener Topuc were detained by authorities at Dubai International Airport in...

      NBU keeps official exchange rate at UAH 24.78 to dollar
      Jul27

      NBU keeps official exchange rate at UAH 24.78 to dollar

      The National Bank of Ukraine on Tuesday evening kept the official hryvnia exchange rate at the level of UAH 24.78 to the dollar.The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for July 27:$100 costs UAH 2,478.5259 (on July 26, it was UAH 2,478.7745);EUR 100 costs UAH 2,725.6349 (on July...