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Russia’s largest petrochemical project declared unprofitable
The Russian oil company Rosneft has abandoned its plans to invest in the Eastern Petrochemical Complex (EPC) in the Far East, the company’s first vice president Pavel Federov said in a conference call, finanz.ru reports.
The $12 billion project, which was meant to be built in Primorsky Krai and become Russia’s largest petrochemicals cluster, was found to be unprofitable.
The complex, which was expected to include oil refineries with a total annual capacity of 12 million tons and 3.4 million …
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Ukraine, along with 5 countries, exposes international criminal cyber network
A coalition of six countries: the USA, Germany, Ukraine, Georgia, Moldova and Bulgaria, working with the assistance of Eurojust and Europol, exposed the activities of international criminal cyber network GozNym which used malicious software to steal almost $100 million.
This was announced at a press conference held on April 16 in The Hague (Netherlands) at Interpol headquarters as reported by Interfax-Ukraine.
Representatives from the law enforcement agencies of the countries which took part …
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US State Department prepares second package of sanctions against Russia for Skripal poisonings
The US Department of State sent a second package of sanctions related to the poisonings of a former officer of the Main Intelligence Directorate of Russia, Sergei Skripal, and his daughter which took place in the UK to the head of department, Mike Pompeo, and the president of the United States, Donald Trump.
Deputy Secretary of State Andrea Thompson spoke on the issue at a Senate hearing, as reported by Radio Svoboda.
Thompson called the new sanctions part of an expanded strategy towards …
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NATO representatives to attend Zelensky's inauguration
Assistant Secretary General of NATO, Ambassador Alejandro Alvargonzalez will represent NATO at the inauguration ceremony of the newly elected President of Ukraine Volodymyr Zelensky, reports Interfax-Ukraine.
"Assistant Secretary General of Department of Political Affairs and Security Policy Ambassador Alejandro Alvargonzalez will represent NATO at the inauguration of President Zelensky. During his stay in Kyiv, Ambassador Alvargonzalez will also participate in the reception dedicated to the 70 …
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Media: Council of Europe paves way for possible lifting of sanctions against Russia
The Committee of Ministers of the Council of Europe supported the draft decision to change the imposing of sanctions against countries that violate the Charter of the Organization. According to Ukrayinska Pravda, this decision allows Russia to return to the Council of Europe under an emergency procedure.
The Committee met in Strasbourg on Tuesday, May 14. According to sources, 39 of the 47 Member States supported the draft of Ministerial decision.
The central idea of the decision is to …