• EU Council imposes sanctions against five organizers of Russian presidential elections in Crimea

    The EU Council imposed sanctions against five organizers of the presidential election in the annexed Crimea, stated by President Petro Poroshenko on Facebook.

    “I welcome the official decision of the EU Council to impose sanctions against five persons responsible for the illegal presidential election held in the temporarily occupied Crimea and Sevastopol. Punishment for any unlawful actions against the sovereignty and territorial integrity of Ukraine is inevitable,” he wrote.

    Poroshenko also …

  • US Ambassador to Germany: Nord Stream-2 is not in Europe's interests

    US Ambassador to Germany Richard Grenell criticized the Nord Stream 2 project during an interview with Funke Mediengruppe.

    He stated that many in Germany are concerned about the implementation of the pipeline project. "It's about Russian influence," said the Ambassador.

    Grenell added that the US is working closely with Europeans who share the US’ concerns. According to the diplomat, the current pipeline construction strategy is "very problematic."

    Margrethe Vestager, European Commissioner …

  • Germany: Ukraine should not be afraid of Nord Stream 2

    Berlin is ready to mediate in the talks between Moscow and Kyiv on the construction of the Nord Stream-2 gas pipeline, Michael Harms, executive director of the German Committee on Eastern European Economic Relations, told the press agency DPA.

    Harms stressed that the main issue is the volume of gas that will be supplied through Ukraine after the implementation of the project.

    He argues that Kyiv should not be afraid of a complete cessation of supplies, since the North Stream-2 will not …

  • London Stock Exchange refuses to resume trading of aluminum produced by Deripaska's Rusal

    The London Metal Exchange (LME) will maintain temporary restrictions on the sale of aluminum by Rusal until procedures for determining the metal’s conformity to the US Treasury Department’s Office of Foreign Assets Control (OFAC) General License 14 (GL-14) are determined, TASS news agency reports, citing the press representative of the Exchange.

    "The LME has analyzed the implications of OFAC General License 14 (GL-14) for Rusal brand metal. The LME understands that there are concerns in the …

  • German liberals support sanctions against Russia

    A vast majority of German delegates supported continuing sanctions against the Russian Federation during a vote on Sunday, May 13, at the Free Democratic Party (FDP) congress in Berlin, DW reports. Vice Chairman of the FDP, Wolfgang Kubicki, initiated the discussion after calling for a “critical review” of sanctions imposed by the West. This resulted in fierce debates within the party, and as a result, the majority of party members did not support Kubicki’s proposal.

    During the debate, …