Section: News & Summaries

      Fiscal Service head Nasirov doesn`t want to disband tax police
      Jun01

      Fiscal Service head Nasirov doesn`t want to disband tax police

      Chief of Ukraine`s State Fiscal Service (SFS) Roman Nasirov says it is inexpedient to disband the tax police and suggests that it should be transformed into a financial investigation service.”Last year, we already proposed several options of reforming the tax police. The basic option is to transform the tax police into a financial investigation...

      The Guardian: North Korea praises Trump, urges U.S. voters to reject `dull Hillary`
      Jun01

      The Guardian: North Korea praises Trump, urges U.S. voters to reject `dull Hillary`

      North Korean state media has praised U.S. presidential hopeful Donald Trump, describing him as a ”wise politician” and ”far-sighted candidate” who could help unify the Korean peninsula, The Guardian has reported.An editorial in DPRK Today, an official media outlet, welcomed the Republican presidential candidate`s proposal to hold direct talks...

      Oil prices fall on rising Middle East output, Asia demand concerns
      Jun01

      Oil prices fall on rising Middle East output, Asia demand concerns

      Oil prices fell over 1% on Wednesday as production from major Middle East exporters was expected to remain high or even increase just as concerns over the state of China`s economy weighed on its fuel demand outlook, Reuters reported.Brent crude futures were trading at $49.29 per barrel at 0649 GMT, down 60 cents, or 1.2%, from their last...

      Lifting Russia sanctions now would weaken EU authority – Polish MFA
      Jun01

      Lifting Russia sanctions now would weaken EU authority – Polish MFA

      The European Union must not ease sanctions on Russia until the so-called Minsk peace agreement is fully implemented, as this would weaken the bloc`s position in its relations with Moscow, Poland`s Deputy Foreign Minister Konrad Szymanski told Reuters.Szymanski`s comments come amid suggestions that the EU may begin to ease its sanctions on Russia...

      ATO HQ: Militant attacks in Donbas on rise in last day
      Jun01

      ATO HQ: Militant attacks in Donbas on rise in last day

      The combined Russian-separatist forces attacked Ukrainian army positions in eastern Ukraine 31 times in the past 24 hours, according to the press center of the Anti-Terrorist Operation (ATO).The Russian-backed mercenaries mounted 15 attacks in the Donetsk sector, 14 attacks in the Mariupol sector, and two attacks in the Luhansk sector. More than...

      Costa Concordia captain Schettino`s jail sentence upheld – BBC
      Jun01

      Costa Concordia captain Schettino`s jail sentence upheld – BBC

      An Italian appeals court has upheld the 16-year sentence given to the captain of the Costa Concordia which capsized in 2012 killing 32 people, according to the BBC.Francesco Schettino was sentenced last year after a court found him guilty of manslaughter; causing a maritime accident and abandoning ship, the BBC wrote.He was seeking to overturn...

      Czech police arrest five Ukrainians for forging documents for migrants
      Jun01

      Czech police arrest five Ukrainians for forging documents for migrants

      Czech police say they have broken up a criminal network that was producing and distributing forged Lithuanian documents for migrants to gain access to the European Union, according to Radio Liberty.Pavel Hantak, spokesman for the Czech organized crime squad, said on May 31 that 10 suspects from former Soviet republics were arrested across the...

      Reuters: China says first stealth fighter not yet in service, but coming soon
      Jun01

      Reuters: China says first stealth fighter not yet in service, but coming soon

      China is still testing its first stealth fighter, the J-20, but the warplane will soon enter service, the air force said, after pictures circulated in Chinese media suggesting it had already joined the active fleet, according to Reuters.China expects the J-20 to help narrow the military gap with the United States, and its confirmation of the...

      Roshen corporate restructuring in line with Ukrainian law – Baker & McKenzie
      May31

      Roshen corporate restructuring in line with Ukrainian law – Baker & McKenzie

      The corporate restructuring of Roshen performed ahead of the placement of Petro Poroshenko`s stake in the company to a trust was compliant with the Ukrainian legislation, according to the conclusion of the international law firm Baker & McKenzie.According to Baker & McKenzie`s conclusion, no cash transfers beyond Ukraine`s borders was...

      Surplus of Ukraine`s balance of payments in April estimated at $468 mln
      May31

      Surplus of Ukraine`s balance of payments in April estimated at $468 mln

      Ukraine`s balance of payments in April of 2016 posted a surplus of $468 million compared to a deficit of $168 million in the same period last year, according to the National Bank of Ukraine (NBU).The balance of payments in January through April 2016 turned to a deficit amounting to $345 million, which is six times lower than a deficit of $2.109...