• Ukraine and Romania sign agreement to connect gas transport systems

    The operators of Ukraine's and Romania's gas transportation systems have signed an agreement on connecting gas transportation systems at the Isakcha point, located on the border between Orlivka (Ukraine) and Isakcha (Romania), the press service of Ukrtransgas said in a statement. The agreement reportedly covers the route of the gas pipeline that is used for transporting gas from Ukraine through Romania to Bulgaria, the connection point being Negru Vodă Romania.

    “The agreement... is fully …

  • Turkey and Russia resume negotiations on economic cooperation program

    Russia has resumed negotiations with Turkey on a trade and economic cooperation program for 2016-2019, RBC reported.

    According to a decree issued by the Russian government, the activities of the Russian-Turkish intergovernmental commission on economic cooperation has been resumed.

    Work has also been restarted on the creation of a Russian-Turkish joint fund to finance investment projects in both countries.

    Moscow and Ankara started negotiations on an economic cooperation program in 2014. …

  • Russia increased investments in U.S Treasury bonds

    In May 2016, Russia increased investments in U.S. Treasuries for the first time in four months. The investments went up by $5.7 billion to $88.2 billion, Finmarket reported, quoting the results of a survey by the United States Department of the Treasury and the U.S. Federal Reserve System. In April, Russia had reduced investments in the U.S. Treasuries by $3.5 billion. Russia is ranked tenth in the list of largest U.S. creditors.

    However, China remains the largest holder of U.S. Treasuries. In …

  • Russia appoints new commander of its forces in Syria

    Lieutenant General Alexander Zhuravlev has been appointed as the new commander of the Russian military group in Syria, and has also became the first deputy commander of the Southern Military District. This was reported by Kommersant, citing a source in the General Staff.

    The source said that the candidacy of Zhuravlev, who has been in charge of the headquarters of the military forces in Syria since last September, was approved by the military leadership.

    According to military sources, …

  • Kremlin: Trump's comments on Russia 'not the best choice of words'

    TASS reported Russian Presidential Press Secretary Dmitry Peskov's response to U.S. Presidential Candidate Donald Trump's comments on a possible attack by Russia against the Baltic countries. Peskov stated that “The phrase about a hypothetical attack of Russia on someone isn't worded well enough to be significant or insightful.”

    Earlier, Trump stated that if Russia attacks one of the Baltic States, he will decide whether to help them or not only after he finds out whether this country has …

  • Russian Defense Minister arrives in the Crimea

    Russian Defense Minister Sergei Shoygu arrived in the Crimea on Friday to present awards to Russian sailors and to inspect the Black Sea fleet, Interfax reported.

    "In Sevastopol, the head of the military department [Shoygu] will present the Order of Nakhimov to the crew of the missile cruiser Moskva,” the official representative of the Russian Defense Ministry, Major-General Igor Konashenkov, told reporters.

    Shoygu will also check the progress of the resettlement of a number of garrisons of …

  • Wall Street Journal: Russian aircraft bombed US outpost in Syria

    Russian aircraft bombed a garrison used by US and British troops in Syria last week, the Wall Street Journal reported.

    According to the newspaper, US and British special forces use the garrison in southern Syria near the Iraqi and Jordanian borders for a base of operations. A contingent of 20 British commandos had reportedly pulled out of the area less than 24 hours before Russian aircraft dropped cluster bombs on the outpost.

    After the strike, officers with the US military’s Central Command …

  • US businessman gets 10 years in prison for selling military technology to Russia

    A businessman convicted of illegally exporting high-tech microelectronics to Russia was sentenced to 10 years in prison by a federal judge in New York, Golos Ameriki reported.

    Alexander Fishenko, a dual citizen of the US and Russia, pleaded guilty to all 19 counts brought against him. Fishenko, who owned and operated a company called ARC Electronic based in Houston, Texas, shipped high-tech components frequently used in military systems to Russia. From 2002 to 2012, the businessman sent $50 …

  • Poroshenko: Some will use Poland's recognition of Volyn massacre as genocide for 'political speculation'

    Ukrainian President Petro Poroshenko expressed his regret over the Polish Sejm’s decision to recognize the Volyn massacre in Poland as genocide, explaining that many will attempt to use it for political speculation, Interfax-Ukraine reported.

    "I regret the decision of the Polish Sejm. I know many will want to use it for political speculation,” Poroshenko wrote on his Facebook page.

    The Ukrainian President called on Poland to pursue mutual forgiveness, and to continue cooperation in assessing …

  • The US will help Ukraine collect funds taken by Yanukovych

    The United States and Ukraine will cooperate in the search for and return of funds stolen by the former President of Ukraine, Viktor Yanukovych and his inner circle. The Secretary of National Security and the Defense Council of Ukraine, Oleksandr Turchynov, discussed the issue during a meeting with the Acting Undersecretary for Terrorism and Financial Intelligence, Adam Szubin.

    Szubin expressed hope that there will be close cooperation between both countries on issues of counter-financing of …