• Secretary of European Council hopes for Russia’s return to PACE before summer session

    The Secretary General of the Council of Europe, Thorbjørn Jagland, in an interview with AFP, once again criticized the possible withdrawal or expulsion of Russia from the Parliamentary Assembly of the Council of Europe (PACE), calling it a "dramatic event."

    However, the CE Secretary General is convinced that "there are good chances for resolving the conflict with Moscow," which will allow Russia to avoid a possible exit from PACE, writes the Deutsche Welle Russian service.

    According to …

  • Israel considers joint production of military drones with Ukraine

    It is possible that Israel and Ukraine will begin producing remotely piloted aircraft for military use, said  the Israeli Ambassador to Ukraine, Joel Lion, as quoted by RBC-Ukraine.

    “We are in a state of war with another country. Therefore, it has been very hard for us to hold a shield with one hand and build our country with the other. This is know-how that we would like to share with Ukraine. And maybe there are other things apart from drones that we could work on with Ukraine,” Lion said in …

  • Russian investigation: Oil contamination incident resulted from multi-million dollar theft

    On Tuesday Russia’s Investigative Committee released the first results of its investigation into the incident where the contamination of Russian oil led to the temporary suspension of oil transit through the Druzhba pipeline, which accounts for around 20% of the country’s oil exports.

    According to the investigation, the oil with organic chlorine compounds capable of “eating” pipes and refinery equipment ended up in Transneft’s system as the result of an embezzlement scheme.

    The six suspects, …

  • Morgan Stanley to withdraw from Russia

    In the first quarter of 2020, the American investment bank Morgan Stanley will notify the Bank of Russia that it is ceasing its banking activity in Russia, according to the report for 2018 by the bank’s Russian division.

    The bank will surrender its brokerage and depository licenses and close the corresponding departments. Morgan Stanley will convert its remaining business into a company that offers consulting services for investments and property.

    The bank’s report notes that, as a result of …

  • Congress urges Trump to reinstate Ambassador to Ukraine Marie Yovanovitch

    The decision to prematurely recall US Ambassador to Ukraine Marie Yovanovitch has been criticized by the House Foreign Affairs Committee, which is led by members of the Democratic Party, Voice of America reports.

    “The Administration is harming American interests and undermining American diplomacy. We call on the Administration to reverse this decision immediately,” said Democrat Congressman Eliot Engel and House Majority Leader Steny Hoyer in a statement.

    “Ambassador Yovanovitch is a …