-
Russian ruble hits lowest level in a year
On December 30th, the Russian ruble reached its lowest level against the U.S. dollar in a year, falling to 73 rubles and 20 kopecks to the dollar.
The ruble lost 40 percent of its value last year. Its present value is 20 percent lower than a year ago. This is an indication of how the Russian economy has suffered from Western economic sanctions and falling oil prices.
Russia's economy was hit hard by the sanctions imposed by the United States, the European Union and other countries. The …
-
Kerzner: Ukraine will be one of the best places to invest
The Honorary Consul of Ukraine in Jerusalem, the founder and owner of the City Capital Group, Ofer Kerzner, together with other representatives of the business circles of Israel met recently with the President of Ukraine, Petro Poroshenko. During the meeting they discussed the creation of the most favorable conditions for investments in the country’s economy. Mr. Kerzner, who is an investment pioneer and has over 20 years of experience in Ukraine, shared details of his work. He told them how …
-
Russia has destroyed 1,800 tons of food since August
From August 6th to December 28th, the Russian government destroyed 1,762 tons of goods as part of the government's counter-sanctions in response to those imposed by the European Union and the US. The Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) reported to the news agency Interfax that 1,647 tons were for crop production and 115 tons were for livestock breeding.
Since August 6th there may have been as much as 2,500 tons of smuggled goods destroyed including …
-
German Foreign Minister calls for full implementation of Minsk Agreements
The German Minister of Foreign Affairs, Frank-Walter Steinmeier, wrote on his Facebook page that Berlin favors the full implementation of the Minsk Agreements, the holding of local elections in the occupied territories of eastern Ukraine, and the release of all prisoners.
Steinmeir made it clear that the increase in the number of skirmishes in the Donbas region during the winter holidays is cause for concern. The Minister noted that he asked the Special Representative of the OSCE in Ukraine, …
-
US accuses Russia of bombing civilian targets in Syria
According to the US authorities, hundreds of civilians were killed as a result of Russian air attacks on civilian targets in Syria.
Washington has accused Moscow of targeting civilians in Syria, killing hundreds including members of rescue services, US State Department spokesman Mark Toner said on Tuesday, December 29th in Washington.
According to Toner, Russian war planes attacked hospitals, schools and markets. In October and the first half of November, more than 130,000 Syrians were forced …