-
Deutsche Bank Tallies $10 Billion in Suspected Russian Money Laundering
The money laundering scandal in the Russian branch of Deutsche Bank expands.
According to new data, Russian customers conducted illegal bank operations worth 10 billion U.S. dollars, reported Reuters on Tuesday, December 22nd, citing sources familiar with the situation. Previously, the amount was estimated at about $6 billion but the internal investigation into the bank turned up new suspicious transactions.
This September the bank sent the results of the investigation to the authorities …
-
US Expands Sanctions against Russia
The US expanded sanctions against Russia in connection with recent events in eastern Ukraine. This was stated on the website of the US Treasury. Sanctions were imposed against individuals (including Ukranian citizens) and institutions alike.
The sanctions list includes the ministers that worked with former Ukrainian President Viktor Yanukovych, former Science and Education Minister Dmytro Tabachnik and Russian politician Vitaliy Zakharchenko. Sanctions were also imposed on Vladislav Dinega, …
-
EEU Countries do not Support Cutting Economic Ties with Ukraine
The member states of the Eurasian Economic Union (EEU) composed of Kazakhstan, Belarus, Kyrgyzstan and Armenia do not support Russia abandoning the free trade zone with Ukraine, which operates within the Commonwealth of Independent States (CIS), as reported by Viktor Khristenko, the Chairman of the Board of the Eurasian Economic Union, after the meeting of the Presidents of the EEU member states in Moscow.
"Within the next six months the legal mechanisms that allow national governments to …
-
Russian sanctions extended
BRUSSELS – The European Union on Monday extended its economic sanctions against Russia for six months, after the Kremlin had failed to fully respect a peace agreement in east Ukraine.
The sanctions target Russia's financial, energy and defense sectors as well as some dual-use goods.
Despite a cease-fire declared in February, Ukraine says it still has not regained complete control over its border with Russia and that Russian-backed rebels are not respecting the cease-fire conditions.
The …
-
Dzhemilev: Turkey is determined to cooperate with Ukraine
Turkey is determined to cooperate with Ukraine economically, said the Commissioner of the President of Ukraine for the Crimean Tatars, Mustafa Dzhemilev. The two countries may sign an agreement on a free trade zone, said Dzhemilev, while commenting on the results of the working visit of the leaders of the Crimean Tatars to Turkey.
According to him, at a meeting with the leadership of the Republic of Turkey, they mainly discussed the development of relations between Ukraine and Turkey. This …