• Russian gas conglomerate Gazprom cut off from international capital markets

    The Stockholm Arbitration Institute’s ruling obligating Gazprom to pay Naftogaz Ukraine $2.6 billion has threatened to disrupt the Russian gas company’s foreign loan plans. The loans in question would be used to finance the construction of pipelines to China, Turkey and around Ukraine.

    Due to the seizure of its assets in Switzerland and the Netherlands at Naftogaz’s request, Gazprom was forced to cancel its placement of eurobonds scheduled for the middle of June, an informed source told …

  • NATO expects Ukrainian national security law to delimit functions of law enforcement agencies

    NATO Representative to Ukraine Alexander Vinnikov anticipates that the Verkhovna Rada will pass a law on national security which will clearly delimit the functions of the law enforcement agencies.

    The head of NATO Representation to Ukraine made a statement to this effect at a conference in Kyiv.

    “From our perspective, a law on national security is critical, the basis and foundation for delimiting the functions of Ukraine’s law enforcement agencies. This law will provide synergy between all …

  • USA urges Russia to release all Ukrainian political prisoners

    The United States mission to the OSCE called on Russia to free Ukrainian filmmaker Oleh Sentsov and other Ukrainian political prisoners who are illegally held in the Russian Federation, as reported in a statement released by Harry Kamien, the chargé d'affaires ad interim to the OSCE.

    "Ukrainian filmmaker Oleh Sentsov’s hunger strike enters its 31st day today. Russia transferred Mr. Sentsov from Crimea to Russia, and we call upon Russia to immediately release him and all other Ukrainian …

  • Norway responds to a large-scale campaign of Russia's Northern Fleet

    Major Brynjar Stordal, the press-spokesman of Norway’s Military Joint Headquarters, stated that Norway was not informed of the largest over the past decade campaign of warships of the Russian Northern Fleet in the Barents Sea , the Barents Observer news outlet reports.

    “From time to time, in the north, Russian troops demonstrated a relatively high level of activity in various areas [of the Barents Sea],” Stordal stated. “They have a right to do it both in their territory and in the …

  • Media: India abandons joint development of Su-57 fighter with Russia

    An agreement between Russia and India on the joint development of a new fifth-generation fighter aircraft has been abandoned due to a decision by India’s Defense Research and Development Organization (DRDO) to withdraw from the project, reported the Indian daily newspaper The Economic Times, citing sources who participated in the negotiations. According to the publication, DRDO explained its decision by saying it either already has, or is in the process of developing indigenously, all the …