Based on the results of Russia’s Central Bank stress tests, problems were identified in 117 banks. There exists a risk of a gap appearing in their capital if oil prices go down sharply. Moreover, the bankruptcy of several organizations can lead to a domino effect that will affect another 107 banks, RBC reported with reference to the report of the Russian banking regulator.

According to the Central Bank of Russia, these 117 banks account for about 30.6 percent of all banking assets. The Central …

The Security Service of Ukraine (SBU) reported through its press center that SBU officers involved in the Joint Forces Operation detained a militant in the Donetsk region who belongs to the Donetsk People’s Republic (DPR) .

Law enforcement officers discovered that in 2014, a resident of Mariupol joined illegal armed groups, where he served as a spy. As a member of the separatists’ “mortar squad,” the perpetrator participated in the shelling of Marinka and Krasnohorivka, and counteracted anti- …

The Deputy Head of the National Bank of Ukraine (NBU), Dmytro Sologub, has denied that the country is in threat of default in the event of termination of cooperation with the IMF, RBC-Ukraine reports.

According to Sologub, the country's reserves are enough to pay off debt obligations, and rumors of default and restructuring of the national debt are no more than speculation.

"If you look at the reserves of the National Bank and compare them with the forthcoming payments, purely mathematically …

High readiness is an essential task for NATO in a modern, more unpredictable world, stated NATO Secretary General Jens Stoltenberg at a press conference in Brussels on Wednesday, June 6 while commenting on a NATO Defense Ministers meeting scheduled for June 7 to 8. 

Speaking about boosting combat readiness, Stoltenberg expressed the hope that the participants could agree on a new concept called "the Four Thirties." It stipulates that by 2020, 30 mechanized battalions, 30 air squadrons, and 30 …

Sweden is conducting its largest nationwide military exercises since 1975, in which 40 battalions and 22,000 reservists are taking part, The Local news outlet reported.

"The idea of these exercises is that we are now strengthening our military defense and increasing our operational capabilities," Swedish Supreme Commander Micael Bydén said.

According to the Ministry of Defense of Sweden, all 40 battalions of the Home Guard were mobilized for training, which means that the Swedes will see how …

US Ambassador to Ukraine Marie Yovanovitch stated that Ukraine will be refused billions of dollars in international aid if the Verkhovna Rada fails to pass the law "On the High Anti-Corruption Court", which was agreed upon with the International Monetary Fund (IMF).

"Failure to pass an IMF-compliant bill would erode Ukraine’s ability to fight corruption, prevent Ukraine from receiving billions of dollars in assistance, and destabilize the economy. Getting this right is essential for building a …

The military advisors of the Kurdish People’s Protection Units (YPG) have withdrawn from the Syrian city of Manbij. This was reported in a YPG statement distributed by the Kurdish news agency Firat on June 6. The YPG is leaving the city in accordance with a US-Turkey agreement reached on June 4.

“At the request of the military council of Manbij, a group of military instructors from our forces remained as advisers, this took place in coordination with the international coalition… Now, after two …

German Chancellor Angela Merkel feels that the decision to exclude Russia from the international G8 forum was correct, and she sees no reason why the country should be restored, despite tense relations with the U.S. Merkel said this in answer to a question asked by a deputy of the Bundestag who belongs to the right-wing Alternative for Germany party.

According to Merkel, the G8 forum is based on respect for international law, which Russia has brazenly violated.

“The annexation of Crimea was a …