• Ukrainian spacecraft in the top 3 of NASA competition

    The Ukrainian aircraft project for Mars, Mars Hopper, entered the top three of the Audience Award of the World Development Forum NASA SpaceApps Challenge.

    According to information on the SpaceApps Challenge website, as of Monday at 20:00 (Kiev time) the project scored 8,809 votes. However, the voting is still ongoing and after registration anyone may vote up until May 20th at 5:00 (UTC+4).

    The leader right now is the Martian Oasis project from Bangladesh (9,940 votes). Second place is …

  • Ukrainians keep billions of dollars in offshore accounts

    According to international research organizations, the amount of Ukrainian money invested or kept off shore ranges from $117 billion to $167 billion. Doctor of Economic Sciences Sergey Korablin reports in the Ukrainian edition Zerkalo Nedeli that the total is equal to approximately double the country’s gross domestic product.

    Annual losses of Ukraine from offshore operations amounted to $11 billion to $12 billion. That is equal to the loans that were provided to the country through the two …

  • Ministry of Finance expects a positive decision from the IMF on the provision of loans to Ukraine

    On the 15th of May, the Minister of Finance of Ukraine, Oleksandr Danylyuk, stated live on Inter TV that the Ministry expects a positive decision from the International Monetary Fund Board of Directors concerning the provision of the next loan to Ukraine. Danylyuk noted that the primary task now is negotiating the text of the Memorandum.

    “Now, the main task is to agree on a new version of the Memorandum. When this happens, the meeting of the IMF Board of Directors will be held and I’m sure …

  • Ukraine to discuss conditions of Russia's participation in Eurovision 2017

    Only Russian performers who “understand that the annexation of Crimea and the occupation of the Donbas is a crime” should be allowed to participate in the Eurovision contest in 2017, according to a deputy of the Verkhovna Rada of the Narodny Front, Anton Herashchenko. He said this on the 15th of May while at the Govorit Moskva radio station.

    According to him, Kiev “does not see any obstacles” for contestants who “do not speak out in support of Russia’s aggressive policies” and who “do not …

  • Ukraine receives demining equipment from the EU

    The European Union, in partnership with the Danish Refugee Council and the Danish Demining Group, gave the Ukrainian State Emergency Service (GSCHS) 200,000 euros worth of demining equipment for use in the Donbas, RBC-Ukraine reported.

    "This is class 4 body armor, Kevlar helmets. This equipment is very necessary to us,” a representative of the GSCHS, Oleh Bondar, stated.

    The equipment can locate mines at a depth of 3 meters.

    “We must ask the aggressor country [Russia] when they will stop …