Russian Defense Minister: In the future, precision nuclear weapons will be a major force of Russian army

The Defense Minister of the Russian Federation, General Sergey Shoygu, stated during a lecture for the executive personnel of the Defense Department that in four years, the foundation of Russian precision weaponry will be ships equipped with Kalibr cruise missiles as reported by Russia's Izvestia newspaper.

Shoygu indicated that the modern all-purpose surface ships and submarines equipped with these complexes will become part of the naval forces. He also noted that at the same time, the …


Another bank shuts down in Ukraine due to lack of capital

On January 10, 2017, the National Bank of Ukraine recognized Platinum Bank’s insolvency. It was one of the most scandalous banks in the country. On April 1, 2016, with $7.47 billion worth of holdings it was 24th in terms of assets out of 109 banks operating at the time.

Why Platinum went bankrupt

The official cause for bankruptcy is the inability of the shareholders to raise the bank’s capital. According to the requirements of the NBU, in terms of assets all banks within the 21st to 40th …


Former separatist leader proposed uniting the two breakaway republics and making Zacharchenko a 'president'

The First head of the self-proclaimed Luhansk People’s Republic, Valery Bolotov, considers it necessary to return the whole territory of the Donetsk and Luhansk regions to the DPR and LPR jurisdiction in order for both republics to unite.

"It is my opinion that the first thing to do, is to return the territory of the former Luhansk and Donetsk regions to the LPR and DPR. I also believe that it is necessary to unite the two Republics,” he wrote on his page on Vkontakte.

As for the head of the …


Ukraine has banned Russia's TV channel 'Dozhd'

Ukraine's National Council for Television and Radio Broadcasting has obliged Ukrainian providers to stop relaying Russian television channel Rain (Dozhd) within a month due to the station’s non-recognition of the sovereignty and territorial integrity of Ukraine and its translation of Russian commercials.

"In particular, on a live broadcast of this TV channel, the administrative border between the Kherson region and the Autonomous Republic of Crimea was portrayed as a border between Ukraine and …


French Engie company began to supply Ukraine with gas

The press service of Ukrtransgaz reported on Thursday that the French energy utility company Engi, started to supply Ukraine with gas as of January 1st. The supply volumes are low – 0.4 million cubic meters per day - and the gas is imported from the territory of Poland via the Hermanowice gas-metering station (an entry point to the gas transportation system).

The company noted that Engie (formerly GDZ Suez) signed an agreement with Ukrtransgaz in October 2016. According to this agreement, …