Contents tagged with World

  • Ukrainian President announces launch of Donbas reconstruction Fund with support of World Bank

    Ukrainian President Volodymyr Zelensky announced that Ukraine, with the support of the World Bank, is launching an International Partnership Support Fund for the reconstruction and future reintegration of the Donbas.

    Zelensky spoke about the Donbas International Partnership Support Fund  at the first investment forum on the restoration of the Donbas in Mariupol, where 12 memorandums were signed, and hundreds of prospective projects were presented to investors.

    "Together with the World Bank, …

  • New Silk Road Opened in Georgia

    On Sunday, a train delivering the first container from China arrived in Tbilisi by the so-called New Silk Road. The Prime Minister of Georgia, Irakli Garibashvili, the Minister of Economy and the Minister of Foreign Affairs met the train at Tbilisi station. According to the Georgian leadership, the New Silk Road via Georgian territory will significantly reduce the time of freight deliveries from China to Europe, Radio Svoboda reported.

    At a solemn ceremony, the Prime Minister Garibashvili …

  • Pentagon Expresses Scepticism towards Russian Aviation Tactics in Syria

    U.S President Barack Obama called Russia a constructive partner in searching for a political solution to the conflict in Syria. He promised to continue cooperation with Moscow despite all existing disagreements. However, according to Colonel Steve Warren, a representative of the International Coalition that conducts operations against ISIS in Iraq and Syria, there is no reason yet to talk about the full cooperation of Russian and U.S. forces. Warren stated that Russians use ordinary unguided …

  • Islamic State Trying To Develop Chemical Weapons

    Western nations and their allies in the Middle East are trying to keep a close eye on an ambitious program on the use of chemical weapons by the terrorist group “Islamic State.” A few days after terrorist actions were carried out in Paris that resulted in 129 casualties, the Prime Minister of France Manuel Valls delivered a warning speech. “We bear in mind that there is a threat of the use of chemical or bacteriological weapons. We aren’t ruling anything out,” he stated, in his speech at the …

  • Trilateral Contact Group for Ukraine Finds Serious Ceasefire Violations

    Following a recent meeting in Minsk, the Trilateral Contact Group for Ukraine (TCG) made a public statement. In the statement, the TCG indicated that the situation along the boundary line in the conflict area has worsened. The Trilateral Contact Group for Ukraine made an appeal to the parties in the conflict in Donbas to avoid the renewal of military actions and urged them to comply with the conditions of the Minsk agreement.

    On November 17, Special Representative to the Organization for …

  • Ukraine rises in World Bank's Doing Business rankings.

    Ukraine's ranking has risen over 13 positions in the annual ranking on the status of doing business published by the World Bank’s  Doing Business-2016. Ukraine holds the 83rd place in the ranking.

    Results of a new study, which covers the second half of 2014 and first half 2015, was published on the Doing Business website.

    A key reform that bolstered a raise in the Ukraine rating is simplification of Ukraine business registration.

    Ukraine has been rising in the ranking for the second …

  • U.S. Secretary of Commerce visits Ukraine.

    U.S. Secretary of Commerce Penny Pritzker will fly to Kyiv today.The Commerce Department noted that upon arriving in Kiev, Pritzker will meet with Ukrainian President Petro Poroshenko and Prime Minister Arseniy Yatsenyuk and will discuss "progress on the country’s ambitious economic reform agenda."

    "During the bilateral talks, Prime Minister of Ukraine and the U.S. Secretary of Commerce will discuss the Ukraine government’s program of economic reforms, the major achievements of the parties …

  • NATO says Russian explanation on Turkish airspace unacceptable.

    NATO rejects Moscow's explanation that its warplanes violated the air space of alliance member Turkey by mistake. 

    NATO Secretary-General Jens Stoltenberg described the incidents as "extremely dangerous" and "unacceptable". He also expressed deep concern over reports of a substantial Russian military build-up, including ground troops and ships in the eastern Mediterranean.

    At the same time, Turkish President Tayyip Erdogan said he was losing patience with Russian violations of his country's …