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Media: Ukrainian exporters keep foreign currency revenue in offshore companies
Ukrainian business owners minimize their tax base by registering offshore companies and by keeping their foreign currency revenue in the accounts of companies registered in countries with a low tax load. According to the National Bank of Ukraine (NBU), more than a third of all foreign direct investments (FDIs) coming into Ukraine since the end of 2017 have come from countries with a low tax load. Furthermore, nearly 100% of direct investments from Ukraine have also been sent into low-tax …
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Ukrainian journalist: Russia has insufficient resources for large-scale attack on Ukraine
Russia does not set itself the task of occupying Ukraine or part of it without the guarantee that the political regime in Kyiv will be replaced by one loyal to the Kremlin. Furthermore, Russia has neither the strength nor the resources for a large-scale offensive. Such an opinion was expressed by journalist Yuriy Butusov in an article for Zerkalo Nedeli (the Mirror Weekly).
“Today, holding the occupied territories, including the Donbas and Crimea, has become a huge burden on the Russian budget …
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Poroshenko signs a bill allowing Netherlands to prosecute in Ukraine those responsible for MH17 air disaster
Ukrainian President Petro Poroshenko has signed a bill ratifying an agreement with the Netherlands regarding their international judicial cooperation. This decision will allow the Dutch to carry out a legal process concerning the crash of the Boeing 777 Malaysia Airlines flight MH17 in Donbass in 2014, the president’s press office announced.
President Petro Poroshenko has signed bills “which ratify an agreement between Ukraine and the Kingdom of the Netherlands for international judicial …
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Kyiv: Ukraine negotiating sanctions with western partners against Russian Black Sea ports
According to Ukrainian Minister of Infrastructure Volodymyr Omelyan, Ukraine is negotiating sanctions with the West against Russian Black Sea ports.
“We are holding negotiations with our European and American partners in order to impose appropriate sanctions against the Black Sea ports because of the blockade of the Azov Sea for Ukrainian ships [ by Russia],” he said on channel 112 TV.
According to Omelyan, the wave of sanctions against Moscow is rising and the latest decision by US Congress …
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Media: more than 50 Moldovan mercenaries fighting in Donbas for LPR and the DPR
More than 50 Moldovan mercenaries are fighting in the east of Ukraine for Russian for the so-called Luhansk People’s Republic (LPR) and Donetsk People’s Republic (DPR), reported the Moldovan publication Ziarul de Garda with a reference to data from the Security and Intelligence Service of Moldova (SIS). However, according to unofficial data, the number of Moldovan mercenaries in Donbass is close to 100 people.
As journalists note, mercenary activity in Moldova has intensified with the …