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EU investigates laundering of Russian money through Danske Bank
The European Banking Authority (EBA) has opened an investigation into the laundering of Russian money through Danske Bank with respect to the supervisory bodies in Denmark and Estonia.
The EBA will examine whether the Danish and Estonian financial services authorities fulfilled their obligations according to EU legislation.
In June 2018, the Estonian prosecution office initiated a criminal investigation against the Estonian branch of Danske Bank, which is believed to have participated in the …
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US guided-missile destroyer is en route to Odessa, Ukraine
On February 19, the U.S. guided-missile destroyer USS Donald Cook (DDG 75) entered the Black Sea. On February 25, it is planned to arrive at the port of Odessa.
The U.S. Sixth Fleet Command reports that the U.S. Navy’s missile destroyer USS Donald Cook (DD G75) arrived to "conduct maritime security operations and enhance stability in the region."
According to Dumskaya, this ship will take part in joint exercises with the NATO allies’ ships. Ukrainian ships will also take part in these …
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Poroshenko signs changes to Constitution on Ukraine’s EU and NATO aspirations
Ukrainian President Petro Poroshenko has signed a law that consolidates in the Constitution the mandate of the Verkhovna Rada, the president, and the Cabinet of Ministers to implement Ukraine’s strategic course towards acquiring full-fledged membership in the EU and NATO. The changes also remove from the Constitution provisions that allow for a foreign state to rent military bases in Ukraine.
The president signed the law during a special parliamentary session dedicated to the fifth anniversary …
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Ukraine among top 3 countries in terms of damage inflicted to Russia's economy
Restrictive measures imposed against Russian products abroad caused a damage of $6.3 billion (expert evaluation) to the Russian economy, according to the report published on the website of the Russian Ministry of Economic Development.
It follows from the presentation prepared by the ministry that the European Union took the first place in terms of the number of restrictions imposed on Russian goods. Next come Ukraine, India, Belarus, Turkey and the United States.
Nevertheless, the picture …
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Russia overtakes Saudi Arabia as the world’s second largest oil producer but still lags behind the US
Russia outpaced Saudi Arabia in crude oil production, moving into second place after the USA, the world's largest oil producer, RIA Novosti reports.
According to a review by the Joint Organizations Data Initiative or JODI, in December 2018, the United States produced an average of 11.66 million barrels of oil per day. Russia now produces 10.74 million barrels per day while Saudi Arabia dropped into third place at 10.64 million barrels per day.
Meanwhile, experts of ITI Capital Ltd. said that …