Section: Main news

      Akhmetov`s Kyivenergo increases loss by almost 15%
      Apr27

      Akhmetov`s Kyivenergo increases loss by almost 15%

      Kyivenergo energy generating company, which supplies electricity and heat to consumers in the Ukrainian capital, reported a net loss of UAH 51.4 million in January-March 2016, which is 14.7% more than in the same period of 2015, according to the company`s press service.”Such financial result of Kyivenergo in the first quarter of 2016 is mainly...

      DPR spreads another fake: accuses ATO forces of shelling near Olenivka
      Apr27

      DPR spreads another fake: accuses ATO forces of shelling near Olenivka

      Donetsk terrorists are spreading false information about the alleged shelling of the checkpoint near the temporarily occupied village of Olenivka by the Armed Forces of Ukraine, said the head of the press center of the Anti-Terrorist Operation (ATO) Headquarters, Colonel Oleksandr Motuzianyk, Ukraine`s TSN news service reports.According to...

      Cabinet to raise social standards, cancel taxes on pensions
      Apr27

      Cabinet to raise social standards, cancel taxes on pensions

      Ukrainian Prime Minister Volodymyr Groysman while opening the government meeting on Wednesday said that these solutions require amendments to the law on 2016 State Budget.Cabinet of Ministers of Ukraine intends to increase from May 1 social standards by 10% instead of 6% previously planned by Arseniy Yatsenyuk`s government, Groysman said.The...

      PM Groysman confirms plans to raise gas tariffs Apr 27
      Apr27

      PM Groysman confirms plans to raise gas tariffs Apr 27

      The Ukrainian Cabinet of Ministers intends today to decide on the price of gas for the households in accordance with its market value.The Cabinet of Ministers intends to establish uniform gas price for the households at the level of UAH 6,879 per 1,000 cubic meters, said Prime Minister Volodymyr Groysman, opening a government meeting.He specified...

      Poroshenko to deploy 1,000 law enforcers in Odesa to prevent provocations
      Apr27

      Poroshenko to deploy 1,000 law enforcers in Odesa to prevent provocations

      Chairman of Odesa Regional State Administration Mikheil Saakashvili has said that Ukrainian President Petro Poroshenko ordered to bring 1,000 law enforcement officers in Odesa in order to ensure public order in the city during the May holidays.”The President instructed Head of the National Police and Chief of the National Guard to bring an...

      Cabinet to increase gas tariffs for households to 100% of market price
      Apr27

      Cabinet to increase gas tariffs for households to 100% of market price

      On Wednesday, Volodymyr Groysman`s government may fulfill one of the most important requirements of the IMF – to raise gas tariffs for the population to 100% of the import parity, according to Europeiska Pravda online newspaper.A tariff increase was initially scheduled for April 1, 2016, and was supposed to reach 75% of parity, but the previous...

      Scheme revealed of stolen millions flowing to Putin`s confidant
      Apr27

      Scheme revealed of stolen millions flowing to Putin`s confidant

      Banking records obtained by the Organized Crime and Corruption Reporting Project (OCCRP) show that cellist Sergei Roldugin, Russian President Vladimir Putin`s old friend, received money from an offshore company at about the same time it was being used to steal money from the Russian government in the notorious Sergei Magnitsky case.The Magnitsky...

      Russian deputies suggest Putin put missiles back in Cuba
      Apr27

      Russian deputies suggest Putin put missiles back in Cuba

      The Russian State Duma deputies from the Communist Party Valery Rashkin and Sergei Obukhov appealed to the Russian President, Vladimir Putin, with a proposal to renew operations of a signal intelligence center in Lourdes (Cuba) and place Russian missiles there in order to protect the interests of Russia and its allies in the CSTO, according to...

      Alibaba`s owner now Asia`s richest man
      Apr27

      Alibaba`s owner now Asia`s richest man

      Alibaba Group Holding Ltd. Chairman Jack Ma overtook Dalian Wanda Group Co.`s Wang Jianlin as Asia`s richest man after the e-commerce giant`s financial affiliate raised a record amount in its latest round of fundraising, Bloomberg reports.His latest deal added $4.3 billion to his fortune on Tuesday, expanding his wealth to $33.3 billion,...

      World Bank raises 2016 oil price forecast
      Apr27

      World Bank raises 2016 oil price forecast

      Amid improving market sentiment and a weakening dollar, the World Bank is raising its 2016 forecast for crude oil prices to $41 per barrel from $37 per barrel in its latest Commodity Markets Outlook, as an oversupply in markets is expected to recede, according to a press release of the World Bank.The crude oil market rebounded from a low of $25...