• Russian Alfa-Bank to stop servicing defense companies due to Western sanctions

    The first deputy chairman of the board of directors of Alfa-Bank Oleg Sysuev told Ekho Moskvy (Echo of Moscow) radio that the bank has notified the Russian defense companies that they will not be providing them with service because of Western sanctions.

    Sysuev clarified that the bank is not going to break off relations with defense companies at once. “We are trying to minimize the risks,” he explained.

    On December 29, Forbes published an interview with the founder of Alfa-Group, Mikhail …

  • Kolomoyskyi’s claims against Ukraine in the Ukrnafta case reach $5.4 billion

    The claims of Ukrnafta's minority shareholders controlled by Ihor Kolomoyskyi against Ukraine increased to $5.4 billion, according to Interfax-Ukraine with reference to the data of the Ministry of Justice published in Prozorro.

    In September 2017, in the prospectus of Eurobonds of Ukraine, it was stated that claims of minority shareholders in accordance with the suit filed with the Arbitration Institute of the Stockholm Chamber of Commerce against Ukraine amounted to $4.7 billion. The …

  • Klimkin insists that US weapons are needed only for the defense of Ukraine

    At a joint press conference with German Foreign Minister Sigmar Gabriel on January 3, Ukrainian Foreign Minister Pavlo Klimkin said that the lethal weapons that the US will provide to Ukraine will be used only when provoked by Russia and the separatists, Interfax-Ukraine reports.

    Klimkin stressed that the weapons will not be used to contribute to the escalation of the conflict in eastern Ukraine.

    "We are talking about defense weapons. These weapons can and will be used in the event of …

  • US ambassador: Those who fight corruption are heroes, but the adherents of old Ukraine have gone to war with them

    US Ambassador to Ukraine Marie Yovanovitch wrote an article for Novoye Vremya advocating the creation of an Anti-Corruption Court and the reformation of the National Agency on Corruption Prevention (NACP).

    “Four years after Maidan, the question is haunting: isn’t the urge to bring Ukraine into the future fading? Political attacks on the NABU (National Anti-Corruption Bureau of Ukraine) and SAP (Specialized Anti-Corruption Prosecutor’s Office of Ukraine) hinder their ability to take down …

  • Media: Russia loses seven aircraft after mortar attack on Khmeimim airbase in Syria

    On the last day of 2017, militants in Syria launched a mortar attack on the Russian airbase in Khmeimim. Moscow lost four Su-24 bombers, two Su-35S fighters, and an An-72 transport aircraft, as reported by the newspaper Kommersant, citing two military-diplomatic sources. The newspaper added that more than ten servicemen may have been wounded.

    The newspaper called it “one of the most serious incidents” during the entire time of the Russian operation in Syria. Kommersant’s sources did not …

  • Ukrainian official: there are no prospects for peacekeeping mission in Donbas

    Ukraine’s representative in a subgroup of the Trilateral Contact Group, the former Prime Minister, former Minister of Defense, and former Chairperson of the National Security and Defense Council, Yevhen Marchuk, does not see the possibility a United Nations peacekeeping mission being deployed to the Donbas, as he discussed on the Fifth channel on Tuesday, January 2.

    “Frankly speaking, I have little hope that the peacekeeping personnel will help resolve anything in the immediate future,” …

  • Ukraine considerably increased imports of good from Russia in the first 11 months of 2017

    During an 11 month period in 2017, Ukraine increased its imports of goods from Russia (in monetary terms, compared to the same period in 2016) by 38.6%, to $ 6.3 billion, the National Bank of Ukraine reports.

    At the same time, exports of goods to Russia during this period increased by 11.9% to $ 3.06 billion, while overall trade turnover increased by 28.6% to $ 9.36 billion.

    The balance of trade with the Russian Federation for the first 11 months of last year was negative for Ukraine and …

  • Estonia refuses Russian request to open additional polling stations for the presidential elections

    The Estonian Ministry of Foreign Affairs has denied the Russian Embassy’s request to open additional polling stations for Russia’s presidential elections.

    ERR reports that Sandra Kamilova, a spokesperson for the Estonian Foreign Ministry, confirmed this decision to the news service Radio 4.

    "Representatives of foreign countries operating in Estonia have the right to hold elections only with the permission of the Estonian Foreign Ministry. They [the elections] may only be conducted in their …

  • Ukrainian embassy refutes Polish prime minister’s statement on Ukrainian refugees

    The Ukrainian embassy in Warsaw has refuted the statement by Polish Prime Minister Mateusz Morawiecki that there are tens of thousands of Ukrainian refugees in Poland.

    A statement to this effect was made by Svetlana Krysa, chief of the consulate department of the Ukrainian embassy to Poland, in an interview for the TV channel 112 Ukraine, Ukrinform reports.

    Krysa claims that compared to previous years, the number of Ukrainian refugees in Poland and of those wanting to acquire international …

  • Poroshenko: Ukraine will receive lethal weapons from the US in 2018

    President of Ukraine Petro Poroshenko announced that the much-anticipated defensive lethal weapons from the United States would be supplied to Ukraine in 2018. He posted on Facebook that “Next year, the military budget of our country will be a record 86 billion hryvnia ($3 billion). We will receive lethal defensive weapons from our partners in the United States."

    Poroshenko expressed confidence that the Armed Forces of Ukraine would continue to replenish their arsenal with the latest military …