The Russian president called the US the only superpower nowadays. He made the statement on Friday, June 17 at the St. Petersburg international economic forum.

“The US is a great country, probably the only superpower in the world at this moment. We accept this. We are ready and willing to work wih the USA,” Putin said.

According to Putin, the world needs “such a powerful country... And we need it too. But we don’t need them to constantly interfere with our affairs, teach us how to live, …

Foreign direct investments in Ukraine are growing faster than expected. According to Dragon Capital investment company, nearly $2 billion was “poured” into the Ukrainian economy between January and April. Data from last year suggested that $4 billion was expected for the whole year. Ukrinform reported that this was said by the CEO of Dragon Capital, Tomas Fiala.

“If you look at the statistics on foreign investment over the last two years, there are some improvements. In 2014, the amount …

The issue on the International Monetary Fund’s continued cooperation with Ukraine on the EFF program will be taken under consideration by the IMF Board of Directors in July, reported Jerry Rice, the official representative of the IMF. “When can we expect the meeting of the Board of Directors? We expect that it will take place in July after the implementation of preliminary conditions by Ukraine, which are necessary for fiscal and financial stability,” Rice stated during a press briefing in …

Ukraine’s Permanent Representative to the United Nations (UN), Volodymyr Yelchenko, has voiced his anger at statements made by the UN’s Secretary General, Ban Ki-moon.

Ki-moon has said that Russia should play a crucial role in ending the conflict in Donbas.

According to Yelchenko, he does not understand how the head of the UN can “make statements, which are actually praising Russia’s role in resolving the conflict, when Russia is actually a major player in aggression towards Ukraine and in …

The U.S. Air Force is ready to create a no-fly zone in Syria, as stated by General David Goldfin, Rosbalt reported.

According to him, there are three conditions necessary to introduce a no-fly zone. First, is the permission to shoot down all planes that enter the no-fly zone, including Russian ones.

Also, the Air Force should have a clear understanding of the challenges “on the ground” in a no-fly zone. In order to return refugees and provide them with humanitarian assistance there must be …