• US-led coalition planes strike Syrian positions in Homs

    Two positions held by Syrian forces in the Homs Governorate were hit by missile strikes shortly before midnight on June 22, the Russian news outlet Daily Storm reports. The first strike targeted the village of Al-Halba, which lies south of Palmyra, and the second strike was directed further south, at Al-Qaryatayn, south-east of Homs. At least one Syrian soldier was killed and several were wounded. Sources report that the air strike was made by the US-led coalition in order to counter the Syrian …

  • Iran refuses to increase OPEC crude oil output

    Iran’s oil minister Bijan Namdar Zangeneh, who was invited to the meeting of the OPEC monitoring committee in Vienna, left the meeting about an hour after it started and said he did not consider it possible to reach an agreement with OPEC on quota adjustments.

    “I do not think it is possible to reach an agreement,” said the Iranian minister to reporters in a hotel. “It was a protocol meeting. It wasn’t good,” he told reporters. He did not state exactly why he left the meeting.

    However, …

  • Kyiv: Ukraine can sustain public debt payments without IMF’s assistance

    Ukraine's international reserves are sufficient to meet public debt payments until the end of 2020, said the Governor of the National Bank of Ukraine, Yakiv Smolii, the bank’s press service reported.

    "The volume of Ukraine's international reserves is enough to go through a period of peak payments on public debt until the end of 2020 and without external financing but further prospects for the country’s economic growth will directly depend on progress in the implementation of structural reforms, …

  • US State Department commends the creation of an anti-corruption court in Ukraine

    The United States commends Ukraine for adopting a law on the Anti-Corruption Court and emphasizes the need to amend the law that will ensure this court considers existing cases under its jurisdiction, stated US State Department spokesperson Heather Nauert.

    "The United States commends Ukraine for adopting a law to establish an independent anti-corruption court. We were pleased to see this important piece of legislation passed with broad support in the Verkhovna Rada. With this move, Ukraine …

  • Ukrainian Defense Minister proposes that Ukraine buy American Patriot air defense systems

    During a government meeting ,the Minister of Defense of Ukraine, Stepan Poltorak offered to buy five divisions of Patriot anti-aircraft defense systems with funds seized during anti-smuggling operations that are to be transferred to the state budget, the Ukrainian TV channel 24 reports.

    "$4 billion would be enough for us to buy five divisions of Patriot air defense systems and completely cover the border with Russia," Poltorak said.

    The United States decided to supply weapons to Ukraine in …