Section: News & Summaries
Industrial output in Ukraine drops 4.6% following January growth
Ukraine`s industrial output in February 2017 fell by 4.6% in annual terms, without taking into account the adjustment for the calendar days effect, after rising 5.6% a month earlier, according to the State Statistics Service. Taking into account the calendar days effect adjustment, the fall in industrial output in February was 1.7% in annual...
IMF technical mission arrives in Ukraine – Finance Ministry
Technical mission of the International Monetary Fund has started its work in Ukraine, according to the Ministry of Finance of Ukraine. According to the Finance Ministry, among the key issues on the agenda is the assessment and recommendations on the concept of development of the State Fiscal Service, which was developed by the ministry together...
NATO`s supreme commander wants more weapons to combat Russian threat
NATO`s supreme commander on Thursday called for an escalated military buildup in Europe to deter Russia as senators from both sides of the aisle questioned whether U.S. President Donald Trump would confront or cooperate with President Vladimir Putin, according to Military.com. ”His intent is to fracture NATO,” Army Gen. Curtis M. Scaparrotti said...
Reuters: Oil edges up as Saudis cut supplies to U.S., but global glut remains
Oil prices edged up on Friday, supported by a fall in Saudi exports to the United States, but overall markets remained under pressure on the back of a world market awash with fuel, according to Reuters. Prices for front-month Brent crude futures LCOc1, the international benchmark for oil, were at $50.63 per barrel at 0343 GMT, up 7 cents from...
Manafort had plan to benefit Putin government
President Donald Trump`s former campaign chairman, Paul Manafort, secretly worked for a Russian billionaire to advance the interests of Russian President Vladimir Putin a decade ago and proposed an ambitious political strategy to undermine anti-Russian opposition across former Soviet republics, The Associated Press has learned. The work appears...
Russia halts cross border movement on border with Ukraine`s Chernihiv region, cites ”combat alert in Ukraine”
The Russian side explains to citizens the suspension of cross border movement at Novye Yurkovichi checkpoint on the border with Ukraine`s Chernihiv region with the allegation that ”combat alert” has been declared in Ukraine, speaker for the State Border Service of Ukraine Oleh Slobodian said, according to Interfax Ukraine. ”People are telling...
Russian spies seek to undermine EU solidarity, require response to match
The aim of Russian intelligence services is to divide, distract, and dismay such that the West will be willing to accept Moscow`s self-proclaimed sphere of influence (including Ukraine and Georgia) and abandon efforts to encourage transparency, democratisation, and the rule of law within Russia, Mark Galeotti wrote in his report for the Center of...
National Bank of Ukraine simplifies rules for cash currency cross-border movement
The National Bank of Ukraine has simplified the procedure for the movement of foreign currency over EUR 10,000 across Ukraine`s customs border, according to NBU decree No.24, going into effect March 23. Citizens declaring the amount over EUR 10,000 may now provide a wider range of money origin confirmation papers. Besides the receipts on money...
Kremlin hopes Kyiv to backtrack decision on Russian Eurovision singer despite of Ukraine’s law
The Kremlin is calling on Ukraine to review its entry ban on Russia`s singer who planned to participate in this year`s Eurovision Song Contest in Kyiv, Yulia Samoilova, according to Russian news agency TASS. ”Certainly, the Ukrainian side`s decision seriously devalues the upcoming contest and this is a blow to Eurovision`s image,” Russian...
EU`s chief negotiator challenges Theresa May directly over Brexit talks – The Guardian
The EU`s chief Brexit negotiator, Michel Barnier, has challenged Theresa May directly over her claim that she would be willing to walk away from the negotiating table, saying that failure to reach a deal would have serious repercussions for the UK, according to the Guardian. In what he conceded were candid comments in only his second public...