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Gazprom loses appeal in court case with Ukraine's Naftogaz
The Svea Court of Appeal has re-authorized the seizure of Gazprom’s assets in order to collect $2.6 billion in favor of Naftogaz Ukraine.
On Thursday, the Swedish court removed the temporary suspension of the fine enforcement measures, which had been introduced in June at Gazprom’s request, Reuters reports.
The Russian gas company asked to have the original ruling of the Stockholm Arbitration Institute revoked on the basis of external interference in the process. Citing a “world renowned …
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Volker: US ready to help Ukraine with weapons due to situation in Azov Sea
US State Department Special Representative for Ukraine Kurt Volker told Deutsche Welle in an interview that Washington is concerned by the situation developing in the Sea of Azov, and is prepared to continue supplying Ukraine with weapons in connection with this.
According to Volker, Russia has drastically increased its military ship presence in the region, and is inspecting the ships passing by “in an aggressive manner”.
“This is another cause for concern. But we have the overall feeling …
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Ukraine expects to receive the first tranche of new EU macro-financial assistance before the end of the year
Minister of Foreign Affairs of Ukraine Pavlo Klimkin said that Ukraine could receive the first tranche of new macro-financial assistance from the European Union before the end of this year. However, he said that the funds will be received only if the International Monetary Fund's loan program is renewed.
“Of course, we count on the IMF, but I’m sure that we will successfully finish every necessary negotiation. The international financial institutions always act in strict coordination and the …
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Kyiv: toxic emissions at Crimean Titan plant caused by industrial accident
An industrial accident took place at the Titan Investments (“Crimean Titan”) plant in the annexed Crimea, said Kherson Governor Andriy Hordeev at a press conference.
“According to information acquired by our intelligence, they had an industrial accident. What caused it is yet to come out. The fact that they concealed it from citizens is true. As far as we know, they are urgently filling in that acid storage facility with phosphate gypsum and lime in order to quell the reaction of the sulfuric …
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Ukrainian Armed Forces strengthen their presence in the Azov Sea
Ukraine reinforced the presence of its Armed Forces along the Azov Sea coast, as stated on Facebook by the Commander of the Ukrainian Ground Forces, Serhiy Popko.
"In response to Russia’s aggressive actions in the Azov Sea, based on the decision of the General Staff of the Armed Forces of Ukraine, we will reinforce the deployed forces, including ground forces, in the direction of the Azov Sea,” he wrote. "To this end, we are taking measures to ensure the full control of the situation in the …