• Marchuk: Ukraine's losses in the Donbas have increased due to the use of drones by Russian-backed separatists

    The use of long-range Unmanned Aerial Vehicles (UAVs) to correct artillery fire is one of the reasons why Ukrainian losses are increasing in the Donbas.

    The Ukrainian special representative in one of the subgroups of the Trilateral Contact Group on Ukraine, former Secretary of the National Security and Defense Council and former Defense Minister of Ukraine, Yevhen Marchuk, said this on channel 112, Interfax-Ukraine reports.

    “They have already begun to use long-range UAVs, which correct even …

  • Russian Navy frigate spotted off the coast of Latvia

    The Latvian Armed Forces once again observed a Russian naval frigate off the coast of Latvia, Evropeyskaya Pravda reported.

    The ship was the Admiral Essen of the Admiral Grigorovich class- the latest class of frigates ordered by the Russian Navy.

    “In the exclusive economic zone at a distance of 7 nautical miles from the border of Latvia on July 23, the Russian frigate ‘Admiral Essen’ of the ‘Admiral Grigorovich’ class was spotted,” the Latvian Armed Forces wrote on Twitter.

    Relations between …

  • US missile destroyer entered the Black Sea

    As officially reported by the staff of the United States 6th Fleet, the US guided missile destroyer USS Ross has entered the Black Sea to join the international naval exercises known as “Sea Breeze – 2016,” Ukrinform reports.

    “Arleigh Burke-class guided missile destroyer USS Ross (DDG 71) transited the Bosphorus Strait July 22, en route to the Black Sea to take part in Sea Breeze 2016,” an official statement said.

    The USS Ross will be participating in the 15th iteration of Sea Breeze, an …

  • Clinton's VP pick Tim Kaine supports Ukraine in its fight against Russian aggression

    Hillary Clinton announced on Friday that her running mate would be Senator Tim Kaine from Virginia, an experienced political insider who sits on the Senate Armed Services and Foreign Relations Committees.

    The move comes two days after Clinton’s rival Donald Trump made headlines by exclaiming at the Republic National Convention that, if elected President, the US wouldn’t necessarily come to the defense of NATO allies in the event of a Russian invasion.

    Tim Kaine, on the other hand, applauded …

  • Separatists hand over 23 prisoners to Ukrainian authorities

    The self-proclaimed Donetsk People's Republic has transferred 23 detainees to Ukraine who wished to serve their sentence within the territories controlled by Ukrainian authorities, as stated by the Press Service of the Ukrainian Parliament Commissioner for Human Rights, Valeriya Lutkovska.

    "Today, on the 21st of July, 2016 a regular transfer of prisoners was made from the uncontrolled territory of the Government of Ukraine", the message stated.

    It is reported that the convicts served …

  • Ukrainian Minister of Finance: Ukraine expects the third IMF tranche in August

    The Minister of Finance does not see any reason to change the hryvnia exchange rate should the next tranche of the IMF loan be postponed.

    In speaking with journalists at the 100 Days of Government: First Assessment and Future Expectations forum, the Minister of Finance of Ukraine, Oleksandr Danylyuk, stated that he expects the International Monetary Fund (IMF) to decide on the allocation of the third tranche in August, as reported by RBC-Ukraine.

    "If the meeting is not held in July and it …

  • So-called Donetsk People's Republic seizes plant owned by Russian company

    According to a statement on its website, the Russian mining and metals company Mechel has received an order from the self-proclaimed Donetsk People’s Republic (DPR) introducing temporary administrative control over the Donetsk Electrometallurgical Plant (DEMZ) property, located in the occupied territory.

    The order is dated June 25 and is signed by the DPR leader Alexander Zakharchenko. It says that a new company, Yuzivka Metallurgical Plant, should be established on the premises of the …

  • 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 …