Sanctions over Ukraine to be extended despite Russian cooperation in Syria
As reported by The Wall Street Journal, US and EU are prepared to keep pressure on Kremlin and renew their sanctions despite new Russian cooperation in the wake of the Paris attacks.The sanctions are expected to be discussed at EU leaders mid-December summit, and the decision must be backed by all 28 member states.
Officials say there is a broad agreement that economic pressure should be kept on Russia until the peace is fully implemented. The options discussed are: extending the sanctions …
Russian court to overturn international court decisions
As reported by RIA Novosti, a group of Russian Parliament members has introduced a draft bill that would authorize the Russian Constitutional Court to overturn international court decisions “if they run counter to the provisions of the Russian constitution”.
The main goal of the proposal was “to safeguard Russian legal sovereignty,” one of the bill's co-sponsors, the Communist party lawmaker Vasily Likhachev, was quoted as saying.
The bill's authors explicitly mentioned the European Court of …
Ukrainian Prime Minister: Russian embargo will cost Ukraine $600 million
At the Cabinet meeting, the Ukrainian Prime Minister, Arseniy Yatsenyuk, stated that Ukraine has to get ready for Russian embargo . “We are also getting ready for new import restrictions imposed by Russia to come into effect. Our preliminary estimate for 2016 is that Ukraine will lose $600 millions of export to the Russian Federation" – stated the Prime Minister. Arseniy Yatsenyuk said that three years ago Ukraine was almost 35% dependent on the Russian market, and now the number has been …
Will Ukraine accept Russia's debt restructuring offer ?
Putin has agreed to restructure Ukrainian debt but Kiev may reject his offer. After a long period of negotiations, Russia has agreed to restructure the Ukrainian debt, which the previous government, headed by Viktor Yanukovich and Nikolay Azarov, loaned from Moscow at the end of 2013. Russian President, Vladimir Putin has proposed the restructuring scheme and called it “the best conditions”.
Experts believe that Ukraine, which refused to pay the debt earlier, will reject Putin’s offer. However, …
Increased risk of renewed fighting in Eastern Ukraine
The situation in the East of Ukraine remains tense. Militants shelled Ukrainian positions 25 times in the last 24 hours. The majority of the attacks occurred in Donetsk area. Towns of Marinka, Troitskoe, Verhnetoretskoe, Krasnogorovka, Peskov and Avdeevka were shelled with anti-aircraft systems, mortars, grenade launchers, heavy machine guns and small arms. The Ukrainian positions in the towns of Shirokino, Zaitseve and Novgorodskoe also came under direct fire.
After 20 pm, the towns of …