• SBU Head: Russian Eurovision contestant should not be allowed to enter Ukraine

    The head of the Security Service of Ukraine (SBU), Vasyl Gritsak, believes that Ukraine should prohibit the entry of the Russian representative to Eurovision-2017, Yulia Samoylova. While speaking with journalists on Friday, Grytsak said that the decision has not been made yet, but he is personally in favor of the ban.

    "My opinion is the law is for everyone! If a person crossed the border of the annexed territory – the Autonomous Republic of Crimea - this means she committed an administrative …

  • The Kremlin: Yanukovych asked Putin to deploy Russian troops to Ukraine but it was not an official letter

    The spokesperson for the Ministry of Foreign Affairs of the Russian Federation, Maria Zakharova, confirmed that fugitive President Viktor Yanukovych asked Russian President Vladimir Putin to deploy troops in Ukraine, as stated during an interview on the radio program "Moscow Says".

    At the same time she accentuated that it was not a letter, but a request made by Yanukovych. "This is not a letter. This is Yanukovych's request. He has never denied that he signed it," Zakharova said, adding that …

  • US officials: Washington knows where Putin’s assets are but freezing them will bring havoc to the world markets

    The U.S. Senate Banking Committee has tried to assess the effectiveness of sanctions against Russia, reports Voice of America.

    During the hearings, Senator Mike Crapo, the head of the committee, recalled that the U.S. Treasury sanctions list includes 520 Russian enterprises, commercial companies and individuals that are involved in aggression against Ukraine, human rights violations, and cyber-attacks against the United States and Western European countries.

    According to expert estimates, the …

  • Renovation of Admiral Kuznetsov aircraft carrier will cost Russia more than a billion dollars

    Repair and modernization of the only Russian aircraft-carrying cruiser, Admiral Kuznetsov, may cost 65 billion rubles - more than 1.1 billion dollars, as reported by newspaper Izvestia, citing its sources in the Russian Navy and shipbuilding industry.

    According to the publication, the scope of the work and its cost are currently being agreed upon. During the renovation, modern radio electronic equipment and weapons will be installed on the ship, and the main propulsion plant will be restored. …

  • Russia allows those under sanctions not to pay taxes

    The State Duma of the Russian Federation has approved on second reading an amendment to the Tax Code on the right of individuals not to be recognized as tax residents of Russia, if they are residents of a foreign country and are under sanctions.

    The adopted document proposes that if during a tax period a sanction of a foreign state was in effect against an individual, he may not be recognized in that tax period as a tax resident of Russia, if he has residency in a foreign country. To do this, …