• IMF advised Ukrainian authorities to resist the 'temptation' to raise salaries

    Gosta Ljungman, International Monetary Fund (IMF) Resident Representative in Ukraine, warned authorities against a sharp increase in wages, as UNIAN reports.

    "There is a temptation to increase wages very quickly, but this will be bad for the growth of the economy ... We are for increasing wages of Ukrainians, but this should be accompanied by an increase in labor productivity," he said.

    Ljungman emphasized that the leaders of Ukraine should keep the growth of salaries under control and to …

  • Russian Foreign Ministry accuses Pentagon of trying to 'stir up Russophobia'

    The special attention that the U.S. military has given to the interception of a reconnaissance aircraft at the borders of Russia is associated with attempts to “stir up Russophobic sentiments” in the media, stated the Russian Foreign Ministry in its comments regarding accusations of the dangerous interception of an American aircraft off the coast of Crimea on January 29.

    The Russian Foreign Ministry said that the Ministry of Defense had already provided all the necessary explanations in …

  • OSCE and US State Department criticized the Polish law on 'Bandera ideology' but Russia supported it

    The law "On the Institute of National Memory" that was approved by the Polish Senate limits the freedom of speech, stated the representative of the Organization for Security and Cooperation in Europe on media freedom, Harlem Désir.

    The Polish Sejm recently approved a law banning the propaganda of the so-called "Bandera ideology.” The law would make it possible to initiate criminal proceedings against individuals who deny the guilt of Ukrainian nationalists for crimes against the Poles. For …

  • Security Service of Ukraine accuses cryptocurrency miners of financing DPR and LPR

    The Security Service of Ukraine (SBU) and the Chief Military Prosecutor's Office have conducted searches on crypto-currency mining "farms" in Kyiv, Kyiv Oblast and Cherkassy. Law enforcement says that the miners are financing the DPR and LPR.

    This was mentioned at a joint briefing with Oleksandr Klimchuk, head of the SBU’s Cyber-Security Department, said Chief Military Prosecutor Anatolii Matios.

    According to Matios, equipment was seized from 400 farms during the searches at PJSC Kvazar in …

  • President Dodon intends to punish officials that favor the unification of Moldova and Romania

    The President of Moldova, Igor Dodon is convening an emergency meeting of the Supreme Security Council where he wants to punish the local public administration counselors that signed the symbolic "declarations on Moldova's Union with Romania," Ukrinform reports.

    "The actions of local counselors take place against the background of the unprecedented campaign aimed at undermining the statehood, sovereignty, independence and territorial integrity of the Republic of Moldova. These campaigns are …

  • Russia is ready to return to the Joint Control Center in Donbas only if LPR and DPR representatives also invited

    The Deputy Foreign Minister of the Russian Federation, Grigory Karasin, called for the return of Russian officers to the Joint Center for Control and Coordination of the ceasefire in the Donbas (JCCC).

    In an interview with TASS, he said that Russian officers were ready to return to the JCCC in the Donbas after the mandate is approved and the representatives of the DPR and LPR are included in the mission.

    "A joint center should have a mandate, that is, an established and approved procedure for …

  • Russia asks IOC to invite acquitted athletes to the Winter Olympics

    The Russian Olympic Committee (ROC) has appealed to the International Olympic Committee (IOC) with a "strong request" to send invitations to Russian athletes acquitted by the Court of Arbitration for Sport (CAS) by February 2. This, according to TASS, was reported by the ROC Vice-President Stanislav Pozdnyakov.

    According to Pozdnyakov, the request concerns 15 out of 28 acquitted athletes. "The ROC appeals to the IOC and urgently requests individual invitations to the Games [be sent] to …

  • US believes that Syrian opposition was not represented at Congress in Sochi

    The American administration believes that the Syrian National Dialogue Congress held in Sochi was unbalanced and played into the hands of the authorities in Damascus, as stated on Thursday at a regular briefing for journalists by Heather Nauert, head of the State Department's press service.

    "We took a look at that and we determined that it [the Congress] was far too heavily tilted toward the regime; the opposition wasn’t sufficiently represented.," said the official representative of the US …

  • Lithuania detains three persons suspected of spying for Russia

    Three citizens of Lithuania have been detained for selling information about military and strategic facilities of the Baltic republic to Russian special services, reported Lrytas news agency.

    The suspects were detained in connection with two separate pre-trial investigations.

    The first investigation concerns a civilian employee of the Šiauliai Military Base, who previously served in the Lithuanian Air Force, as well as a citizen of Lithuania with a residence permit in a foreign country.

    The …

  • Swiss subsidiary of Russian GazpromBank banned from accepting new clients after money laundering audit

    The Swiss Financial Market Supervisory Authority (FINMA) has uncovered serious inadequacies in the anti money laundering procedures of GazpromBank’s subsidiary company in Switzerland (GazpromBank (Switzerland) Ltd.) and has banned it from taking on new private clients.

    The decision was made earlier, following a two-day investigation prompted by the Panama Papers – material on the offshore accounts and companies of politicians and high-ranking officials from more than 50 countries.“The bank was …