The Institute for Economics and Peace (IEP) in Sydney published the Global Peace Index 2017. According to it, Ukraine's economic losses from the conflict in the Donbas in 2016 amounted to 20.4% of the nation’s GDP. In other words, the economic cost of violence in the country is $66.7 billion according to the index of purchasing power.

As follows from the rating, Iceland is recognized as the most peace-loving country. New Zealand is a close second while Portugal took third place. Austria is …

The Ukrainian enterprise "Southern Machine Building Plant" ("Yuzhmash") has concluded a contract with the Russian company S7 Sea Launch for the production and delivery of 12 Zenit launch vehicles. This was reported on the website of the Ukrainian company.

"The contract stipulates the production of 12 launch vehicles for use in the Sea Launch and Ground Launch programs," the report said. The company explained that rockets are needed "for the exploration and use in outer space for peaceful …

The National Bank of Ukraine approved a procedure for banks to implement the decision of the National Security and Defense Council of Ukraine (NSDC) on the application of personal special economic sanctions against a number of Russian companies, including Russian social networks VKontakte, Odnoklassniki, and resource sites Yandex, Mail.ru and accounting program 1C, as reported by UNIAN, citing Resolution No. 46 on the website of The National Bank of Ukraine.

As noted, beginning June 3, banks …