Court in Ukrainian city of Rivne seizes Sberbank accounts
The Rivne City Court has ruled to seize the accounts of Sberbank of Russia for UAH 8.5 billion (appromately $330 million). This decision was made on the 26th of January during the consideration of Evgeny Puhalskiy’s lawsuit. Puhalskiy requires the bank to return his funds amounting to EUR 325 million. The 33-year-old entrepreneur has been in the process of suing Sberbank of Russia since September of 2015.
Initially, the entrepreneur planned to donate the interest of EUR 24 million to the …
Sanctions against Yanukovych's Inner Circle could be Reduced in March
In March, the list of EU sanctions against Yanukovych's supporters may be significantly reduced. Ukraine has not yet proven the illegality of the funds withdrawn overseas by ex-officials.For almost two years, Ukrainian law enforcement officers have been investigating the economic crimes of ex-President Viktor Yanukovych and his associates. During this time the European Union has levied sanctions against former Ukrainian officials by blocking their accounts in European banks. According to the …
Russian Airstrikes Help Syrian Army and Hezbollah take Strategic City
Recently, forces of the Lebanese Hezbollah group and the Syrian army, along with the support of the Russian Air Force, has established control over the city of Darya, located in southern Syria near the Syria-Jordan border, as reported by Al Arabiya.
This strategically important city is located just 25 kilometers from the Israeli part of Golan Heights, about 30 km from the nearest Israeli city. From the beginning of the civil war the Syrian city of Darya, with a population of about 100,000 …
Trucking between Poland and Russia could end in February
Freight transport between Russia and Poland may soon cease, warned the Russian Ministry of Transport on Thursday, January 28th. The agreement that allows each country to transport cargo through the other ends on February 1, 2016, and a new agreement has not yet been reached.
According to the website of the Ministry of Transport, Poland doesn't agree with the new Russian requirements which are aimed at strengthening state control over freight transportation and also increases the penalty for …
Swedish Defense Committee: Russia Is a Potential Enemy
Allan Widman, the Chairman of Sweden’s Parliamentary Defense Committee, suggested that Russia may become a potential enemy that Sweden needs to watch out for. The events in Ukraine, the weak economy and the sharp plunge in oil prices may spawn unwanted conflict at Sweden’s doorstep.
"My assessment is the following: Sweden has been at peace for over 200 years but now the situation is serious enough that we have to be ready for a spillover of violent conflicts from our neighboring countries,” …