• Dragon Capital: Investments in Ukraine are growing faster than expected

    Foreign direct investments in Ukraine are growing faster than expected. According to Dragon Capital investment company, nearly $2 billion was “poured” into the Ukrainian economy between January and April. Data from last year suggested that $4 billion was expected for the whole year. Ukrinform reported that this was said by the CEO of Dragon Capital, Tomas Fiala.

    “If you look at the statistics on foreign investment over the last two years, there are some improvements. In 2014, the amount …

  • IMF board of directors to consider further cooperation with Ukraine next month

    The issue on the International Monetary Fund’s continued cooperation with Ukraine on the EFF program will be taken under consideration by the IMF Board of Directors in July, reported Jerry Rice, the official representative of the IMF. “When can we expect the meeting of the Board of Directors? We expect that it will take place in July after the implementation of preliminary conditions by Ukraine, which are necessary for fiscal and financial stability,” Rice stated during a press briefing in …

  • Ukrainian Ambassador angered by Ban Ki-moon's praise of Russia's role in Ukraine's peace process

    Ukraine’s Permanent Representative to the United Nations (UN), Volodymyr Yelchenko, has voiced his anger at statements made by the UN’s Secretary General, Ban Ki-moon.

    Ki-moon has said that Russia should play a crucial role in ending the conflict in Donbas.

    According to Yelchenko, he does not understand how the head of the UN can “make statements, which are actually praising Russia’s role in resolving the conflict, when Russia is actually a major player in aggression towards Ukraine and in …

  • US to provide Ukraine with $220 million to carry out reforms

    The total amount of US assistance for Ukraine is estimated at $1.3 billion since 2014

    After a meeting between Ukrainian Prime Minister Vladimir Groysman and U.S. Vice President Joe Biden, the White House press service reported that the U.S. intends to allocate $220 million of new aid for Ukraine to carry out economic, political and energy reforms.

    "This aid package will continue to support Ukraine's efforts to strengthen democratic institutions and the rule of law, the foundations for …

  • US General: We are ready to create a no-fly zone in Syria

    The U.S. Air Force is ready to create a no-fly zone in Syria, as stated by General David Goldfin, Rosbalt reported.

    According to him, there are three conditions necessary to introduce a no-fly zone. First, is the permission to shoot down all planes that enter the no-fly zone, including Russian ones.

    Also, the Air Force should have a clear understanding of the challenges “on the ground” in a no-fly zone. In order to return refugees and provide them with humanitarian assistance there must be …

  • Media: Germany and Russia continue Nord Stream 2 project despite protests by Ukraine

    The gas pipeline project, Nord Stream-2, is gradually being implemented, despite protests by Ukraine, the Baltic countries and Poland, Sueddeutsche Zeitung reported.

    “The pipes that were ordered have been delivered and the tender request for the pipe laying has been made. This has all been done with the approval of the German government and despite the sanctions against Russia,” Radio Poland quoted the German newspaper as saying.

    According to the newspaper, intensive preparations for the …

  • Media: Russian Defense Minister arrived in Crimea

    The Minister of Defense of the Russian Federation, Sergey Shoygu, arrived in Crimea on Thursday, TASS reported. An official representative of the Russian Defense Ministry stated that Shoygu will hear reports on construction of military infrastructure and check the military sanatorium in the city of Saky.

    The Head of the Russian Ministry of Defense will hear the reports of the Command of the Southern Military District and Black Sea Fleet on constructing military infrastructure. The Minister is …

  • Media: Russian fighter planes bombed a hospital and pharmaceutical plant in Aleppo

    Russian fighter jets bombed a hospital and pharmaceutical plant in Aleppo, Syria last night, reported Turkish channel TRT.

    According to TRT, Russian military aircraft dropped phosphate bombs on a hospital in the area of Anadan in the north of the city, and also a thermobaric bomb on the Asia Pharmaceutical Plant in the area of Kafr Hamra. As a result, both buildings were destroyed.

    TRT reports that Russian fighter planes have been bombing squares, markets, hospitals and civil defense centers …

  • EU sanctions against Crimea extended

    On Friday, the EU Council extended sanctions against the Crimea, according to a report released by the Council.

    The sanctions, which were due to expire next Thursday, are now set to expire on June 17th, 2017.

    The sanctions include a ban on exporting EU goods to the Crimea as well as investing in the Peninsula and operating tourist services.

    It is expected that sanctions against Russia will be extended for its annexation of the Crimea and its role in the war in eastern Ukraine.

  • The Russian military is forming a new division near the border with Ukraine

    The Russian Federation is forming a new motorized rifle division in Rostov on the border with the Donbas region of Ukraine, Interfax reported.

    The Russian Ministry of Defense stated that construction is complete of “one of the most modern” military bases to house the 150th Motorized Rifle Division.

    "Combat training of personnel will begin at the site in a few months. There it will be possible to perform a large range of practical exercises with military technology, and to engage in tactical …