• Kremlin: Washington violates the US laws by declaring news agency Russia Today as a foreign agent

    The official representative of the Russian Foreign Ministry, Maria Zakharova said that Washington violated its own legislation and the principles of freedom of speech when it said that the RT television channel is a foreign agent as reported by news agency TASS.

    “We conducted our own expert study of this issue. It was based on a study of U.S. legislation, all major U.S. legislation that regulates the activities of journalists, including foreign journalists,” she said.

    “The evaluation of the …

  • European Investment Bank allocates 400 million euro to Ukraine for small business development

    The European Investment Bank provided Ukraine with a loan of 400 million euros for the development of small and medium-sized businesses. This was announced on Thursday, October 5 by the press service of the Ministry of Finance of Ukraine.

    The loan comes in the form of agreements signed by Megabank and Ukrgasbank whereby loan funds will be used to finance investments and small business needs in working capital. Lending is designed for five years with the possibility of further extending the …

  • Russian performers touring Ukraine will have to inform SBU about their visit 30 days in advance

    The Verkhovna Rada of Ukraine has required concert organizers to inform the Security Service of Ukraine (SBU) about the events featuring Russian artists at least 30 days in advance. 232 deputies voted in favor of Bill 6682 which only required 226 to pass.

    If a Russian artist is scheduled to perform at the event, the organizer must request information from the Security Service at least 30 days in advance to determine whether there are legal grounds preventing the artist from participating in …

  • President of Bulgaria: Sanctions against Russia should be abolished

    At a meeting with Polish President Andrzej Duda, Bulgarian President Rumen Radev said that he wants European sanctions against Russia to be abolished, Nova TV reported.

    According to Radev, it is necessary to seek diplomatic solutions for Russian issue, so as not to harm business. "In the economic sense, these sanctions are very painful," he said.

    According to the Bulgarian president, sanctions cannot last forever, and business should not suffer from this.

    "Therefore, they must be eliminated," …

  • US expressed concern over Saudi Arabia’s plan to buy S-400 systems from Russia

    Washington is "concerned" about the interest of "a number of American allies" in buying the Russian S-400 anti-aircraft missile system, as stated by Pentagon spokesman Michelle Baldanza in her commentary to TASS.

    "We are concerned about the purchase of S-400 system," she said, adding that the United States has “repeatedly stressed the importance of maintaining operational compatibility with the weapon systems of the US and other countries in the region in the implementation of major military …

  • Muzhenko: Ukraine could lose 12,000 soldiers in 10 days in Donbas power struggle

    Chief of General Staff of Ukraine Viktor Muzhenko pointed out that the Armed Forces are ready for a forceful resolution of the Donbas issue, if the matter is considered in terms of weaponry and control systems. According to preliminary estimates, ten days of an operation using aircraft could result in the loss of 10-12,000 soldiers, 3,000 of whom will be killed. He explained this to reporters on Thursday, Ukrayinska Pravda reports.

    However, Muzhenko doubts that the Ukrainian society is ready …

  • Ukraine: meetings of US representative for Ukraine Volker and Putin’s aide Surkov are an addition to Normandy talks

    The meeting of the Special Representative of the US State Department Kurt Volker, and a personal advisor to the Russian President, Vladislav Surkov, is an additional platform for negotiations, which complements the Minsk and Normandy formats, the Political Director of the Directorate General for Policy of the Ministry of Foreign Affairs of Ukraine, Oleksii Makeiev said, as reported by Radio Liberty. According to him, the Ukrainians were informed in advance about the details of this planned …

  • Military Command of Ukraine: Kyiv has sent the US a list of weapons necessary for Ukrainian Army

    Ukraine has sent the entire list of weapons which it would like to receive to the United States. All necessary negotiations have been completed, and now the decision depends on Washington, stated the chief of the General Staff of Ukraine Viktor Muzhenko, as reported by 112.ua.

    According to him, Ukraine is asking for air reconnaissance, anti-tank systems, and radio electronic systems.

    The chief of the General Staff added that now they must wait for a political decision.

    Asked what could …

  • Saudi Arabia intends to buy S-400 missile systems from Russia

    The Saudi military plans to buy "at least four divisions" of S-400 anti-aircraft missile systems worth about $2 billion from Moscow, newspaper Kommersant reports citing its source familiar with the course of the  talks  between Moscow and Riyadh.

    Such a "fundamental agreement", as the interlocutor of the newspaper remarked, was one of the results of the meeting between Russian President Vladimir Putin and the King of Saudi Arabia, Salman bin Abdulaziz Al Saud, in Moscow. This was also …

  • The European Bank for Reconstruction and Development called privatization ‘one of the biggest failures’ in Ukraine

    To accelerate economic growth and attract foreign investors, Ukraine needs to unblock the privatization process, stated the managing director of the European Bank for Reconstruction and Development (EBRD) for Eastern Europe and the Caucasus, Francis Malige, reports Interfax-Ukraine.

    According to Malige, the EBRD is still ready to provide technical support and, for certain targets, to act as a buyer of a minority stake. In particular, the bank may be interested in companies in the energy sector, …