• Danske Bank CEO resigns over Russian money laundering scandal

    Danske Bank CEO Thomas Borgen has announced that he will resign once a replacement for him has been found. This decision comes as a result of a scandal in which money from Russia and the former Soviet Union was laundered through the bank’s Estonian branch, BBC reports.

    “It is clear that Danske Bank has failed to live up to its responsibility in the case of possible money laundering in Estonia. I deeply regret this,” he said. “Even though the investigation conducted by the external law firm …

  • In a letter to Putin Assad blames Israel for Il-20 crash

    Syrian President Bashar al-Assad sent his Russian colleague Vladimir Putin a telegram expressing his condolences in connection with downing of the Russian Il-20 aircraft over the Mediterranean Sea and the death of its crew. The letter was published in an article by the Syrian Arab News Agency.

    “On my own behalf and on behalf of the Syrian nation, I express to you and to the friendly Russian nation my deepest sympathy concerning the incident of the crashing of the Russian Il-20 military plane …

  • Israeli satellite company shows results of missile strike on Syria

    A munitions warehouse in Latakia, Syria, was completely destroyed in an Israeli missile strike, ImageSat International announced in a tweet including several satellite images.

    “Preliminary #BDA – the ammunition warehouse striked two days ago in #Latakia, #Syria, is completely destroyed,” the post states.

    One of the attached satellite images shows a 155x35 meter warehouse on the outskirts of the city in a photo dated 9 April 2017, compared to a photo of the same area dated 18 September 2018, …

  • Putin hands over to Chechnya an oil company at Kadyrov’s request

    Russian President Vladimir Putin signed a decree to transfer all shares of the public joint-stock company Chechenneftekhimprom to the Chechen Republic, which has been under Russian state ownership. Chechen leader Ramzan Kadyrov had asked in 2015 about transferring the company to Chechnya.

    Putin’s decree was published on the Internet portal of legal information. It states that the decision has been made regardig the proposal of the Chechen and Russian governments “in order to develop industrial …

  • Ukrainian court invites Yanukovych to make a final statement at his trial

    The Obolonsky District Court of Kyiv invited former Ukrainian President Viktor Yanukovych to a meeting on October 12 to make the last statement at his trial.

    One of the paid lawyers of Yanukovych, Alexander Goroshinsky, told the court that the former president wants to make the last statement in court, but only via video communication. Judge Vladislav Devyatko noted that court summons Yanukovych to the meeting, on the same terms "that were specified in the court's decisions prior (to his …