• Media: Swiss bank refused to provide services to wealthy customers in Russia

    Swiss Bank Credit Suisse refuses to serve wealthy clients in Russia. The only service the bank can provide for them at this time is advisory services, reports Russian news portal Forbes.ru, citing market sources.

    "At the request of the client, I spoke with Russian managers who indicated that private banking covers all Russian accounts," a source from Forbes said. The decision was made in late May. Starting in June, managers began to inform customers about the change, a source close to the bank …

  • Russia to build ten airfields in the Arctic

    Russia is boosting its military presence in the Arctic area.

    The Russian Defense Ministry is constructing and renovating ten military airfields in the Arctic area. New military infrastructure will be located on the six islands of the region until 2020. As reported by Russian media citing sources in the Russian Defense Ministry, more than 100,000 metric tons of physical resources will be transported to remote military bases in 2016.

    Russia is constructing and restoring the Severomorsk-1 …

  • Poroshenko: Ukraine has fulfilled 95 percent of the Minsk agreements

    Ukraine has fulfilled almost all of its obligations with regard to the Minsk Agreements. This was said on the 11th of July by the country’s president, Petro Poroshenko, after a meeting with Canadian Prime Minister Justin Trudeau.

    According to Poroshenko, Kiev has fulfilled 95% of all political commitments and 100% of all security obligations. He also said that in order for the political process to begin, Russia has to fulfill the security criteria as detailed in the agreements.

    The UN had …

  • Russia will not extend nuclear treaty if NATO missile defense system is present in Europe

    The Federation Council of Russia stated that the extension of the New START treaty (Strategic Arms Reduction Treaty) has been frozen. Russia will not agree to extend the treaty, if the text does not take into consideration its concerns about the deployment of NATO missile defense systems in Europe, the Chairman of the Federation Council Committee on Defense and Security, Viktor Ozerov, told RIA Novosti.

    According to him the deployment of missile defense systems in the 3rd and 4th position …

  • Ukrainian Armed Forces claim to have captured three Russian soldiers

    Ukrainian forces captured three Russian soldiers near Troitske, an urban-type settlement in the Luhansk region, according to Presidential Administration spokesperson on conflict zone issues, Colonel Andriy Lysenko. The Ukrainian Colonel explained that a sabotage and reconnaissance group of more than 20 people moved to the positions of Ukrainian forces in the region of Troitske after powerful artillery preparations immediately after midnight.

    Reinforcements immediately arrived to support the …