• Naftogaz of Ukraine expects to receive up to $16 billion from Russian Gazprom

    The national holding company Naftogaz of Ukraine expects to receive compensation in the sum of $6.5 billion to $16 billion from Russian Gazprom following the Stockholm Arbitration Court’s consideration of gas transit contracts, UNIAN reports citing the company's Chief Commercial Officer, Yuri Vitrenko, stated this.

    "The amount of our claim will be between $6.5 and $16 billion, depending on whether Ukrainian legislation is applied," he said.

    Vitrenko added that he anticipates the Stockholm …

  • SBU receives ‘green light' to start investigation into former DPR intelligence chief involved in downing of MH17

    On December 14th, the Security Service of Ukraine received an authorization for a special (in absentia) investigation against the former intelligence chief of the Donetsk People’s Republic (DPR), Sergey Dubinsky, aka Hmuriy (Gloomy), as reported by Ukrainski Novyny news agency.

    Major General of the Main Intelligence Directorate of the Russian Federation, Dubinsky, led the intelligence for separatists from July 7, 2014 to January 2, 2015. In an effort to conceal the participation of the Russian …

  • Warsaw: Poland will continue judicial reform despite EU sanctions

    Poland regrets the decision of the European Commission (EC) to launch procedures for imposing sanctions against the country.

    The Foreign Ministry of Poland said that the EC deliberately undertook this burden of relations.

    Polish Foreign Ministry called the EC’s claims regarding judicial reform in the country “unfair”.

    "We cannot accept one-sided and unfair opinions directed at Poland. The negative information campaign about reforms carried out in our country is not based on facts and …

  • Belarus to stop buying Russian electricity in 2018

    Belarus has decided not to buy electricity from Russia at the prices proposed by Russia, as announced by Energy Minister Vladimir Potupchik, Belta news agency reports.

     As of 2018, the country plans to completely stop importing electricity.

    The minister made this statement after concluding negotiations with Russia on the purchase of electricity. “We reached the conclusion that we will not buy it at Russia’s prices, instead we will replace it with our own generation,” he said.

    Previously, …

  • Switzerland extends sanctions against Yanuckovych

    Switzerland extended for a year the freezing of the accounts of the former presidents of Tunisia and Ukraine and of persons associated with them, stated the Federal Council of Switzerland on its website.

    "At its meeting on December 20, the Federal Council decided to extend for a year the freezing of all accounts in Switzerland of the defunct presidents Ben Ali of Tunisia and Viktor Yanukovych of Ukraine and their entourage and other persons closely associated with them," the report said.

    The …

  • English High Court issues order to freeze assets of former PrivatBank owners

    The High Court of England has issued an order for a global freeze of assets held by former PrivatBank owners and managers Ihor Kolomoyskyi and Gennadiy Bogolyubov. The assets are valued at more than $2.5 billion, according to a press release from Privatbank obtained by RBC.

    The bank confirmed that it had started a trial in the High Court of London. According to the report, on December 19, 2017, the High Court of England issued an order for a global freeze on the assets of Kolomoyskyi and …

  • Putin signs bill allowing authorities to fine messenger services for non-compliance with Russian laws

    Russian President Vladimir Putin signed a law which envisages fines for messengers that do not comply with Russian legislation.

    The relevant document was published on Russia’s official legal information portal.

    If messengers fail to meet the obligations established by the legislation on information, information technologies and information protection, Russian citizens will be faced with fines from 3 to 5 thousand rubles, officials with fines from 30 to 50 thousand rubles, and legal entities …

  • Bulgaria suspends military deal with Russia due to complaint made by Ukraine

    Bulgarian Defense Minister Krasimir Karakachanov said that Sofia suspended the deal with Russia to repair MiG-29 aircraft because of a complaint by Ukrainian Ukroboronprom company, as reported on the Bulgarian Defense Ministry’s website.

    The Russian company was to re-equip 15 old MiG fighters for the Bulgarian armed forces. However, due to the complaint by Ukraine to the Commission on Protection of Competition, the authorities of the country were forced to suspend the process.

    Karakachanov …

  • British Intelligence: flight MH17 was downed by Buk missile brought from Russia

    British intelligence believes that the Buk anti-aircraft missile system used in the summer of 2014 to shoot down Malaysia Airlines Flight 17 over Ukraine was brought into the country and subsequently recovered by the Russian military. This was stated in the report of the Intelligence and Security Committee of the British Parliament with reference to the Secret Intelligence Service or MI6.

    In particular, the report quotes from MI6 documents of 2016 stating that "without any doubt,” the Buk was …

  • US imposes sanctions on head of Chechnya Kadyrov

    Chechen leader Ramzan Kadyrov was sanctioned by the United States under the Sergei Magnitsky Rule of Law Accountability Act of 2012 (the Magnitsky Act), according to the updated sanctions list published on the website of the U.S. Department of the Treasury.

    Besides Kadyrov, four other Russians were targeted under the Magnitsky Act: Ayub Kataev, Yulia Mayorova, Andrei Pavlov, and Alexei Sheshenya.

    The American authorities consider Kadyrov guilty of “killings, torture, and other gross …