Section: Latest news

      Ukraine MFA: cigarette smuggler diplomat`s relative
      May23

      Ukraine MFA: cigarette smuggler diplomat`s relative

      The Ministry of Foreign Affairs of Ukraine has stressed that a person who was earlier detained on a Ukraine-Hungary border with an illegal batch of cigarettes was not a diplomat, but a diplomat`s relative, according to an UNIAN correspondent.”It is not a diplomat or embassy employee who has been detained, but a [diplomat`s] relative. This raises...

      Deutsche Bank says Polish zloty world`s cheapest currency
      May23

      Deutsche Bank says Polish zloty world`s cheapest currency

      According to Deutsche Bank`s Global FX Research team, led by Alan Ruskin and George Saravelos, the Polish currency is ”extremely cheap” and undervalued by about 10%, Business Insider reported.Poland`s economy expanded 3% year-over-year in the first quarter, and while that was the weakest growth in more than two years, economists maintain a...

      Putin to visit Greece on May 27-28 – Kremlin
      May23

      Putin to visit Greece on May 27-28 – Kremlin

      Russian President Vladimir Putin will visit Greece on May 27-28, the Kremlin press service reported.The talks with Greek officials are expected to focus on key issues of bilateral trade, economic and investment interaction, including the implementation of joint energy and transport projects, according to the report.The Russian president and the...

      Brazil may sell stake in Petrobras oil and gas giant amid corruption scandal
      May23

      Brazil may sell stake in Petrobras oil and gas giant amid corruption scandal

      Brazil`s government may agree on the sale of its share in Brazilian oil and gas giant Petrobras, which since 2014 has been engulfed in a corruption scandal, Russian news agency Prime reported referring to sources that are familiar with the matter.It is reported that Brazil`s government is considering selling stakes in state-controlled assets –...

      Latvian prosecutors indict organizer of trips to occupied Crimea
      May23

      Latvian prosecutors indict organizer of trips to occupied Crimea

      Latvian prosecutor`s office has brought charges against the person who organized illegal trips to Crimea in violation of EU sanctions imposed against Russia for the occupation of Ukraine`s Crimean peninsula, according to Delfi.In late April, the Security Police appealed to the prosecutor`s office of the Riga judicial district concerning criminal...

      Ukraine`s gas stocks in underground facilities grow to 9 bcm
      May23

      Ukraine`s gas stocks in underground facilities grow to 9 bcm

      The stocks of natural gas in Ukraine`s underground storage facilities grew by 96 million cubic meters (mcm) from May 14 to May 21, or 1.1%, to 9.019 billion cubic meters (bcm) from 8.923 bcm, according to the operator of Ukraine`s gas transport system, Ukrtransgaz.The average daily volume of gas pumping into the underground storage stood at about...

      Ukraine not to revise public debt restructuring terms
      May23

      Ukraine not to revise public debt restructuring terms

      Ukrainian Minister of Finance Oleksandr Danylyuk says the government will not revise the terms of Ukraine`s public debt restructuring deal with partial write-off that was carried out in 2015.”Currently, I do not see, and I myself belonged to the investment community, how to revise these terms. Other instruments have to be available and they...

      Martin Schulz: Turkey on way to becoming ”one-man state”
      May23

      Martin Schulz: Turkey on way to becoming ”one-man state”

      Recent moves by Turkish President Recep Tayyip Erdogan represent a ”stunning rejection of the values of Europe” and make any discussion of Turkey becoming a member of the EU ”effectively impossible,” European Parliament President Martin Schulz said in an interview published Monday, according to POLITICO.”We see that Turkey under Erdogan is on the...

      Adele wins Top Artist Award at Billboard Music Awards
      May23

      Adele wins Top Artist Award at Billboard Music Awards

      Adele and The Weekend were the big winners at Sunday night`s Billboard music Awards, according to The Daily Mirror.The British superstar, who received eight nominations but wasn`t present at the ceremony as she continues her world tour, scooped the award for Top Artist, beating Justin Bieber, Drake, Taylor Swift and The Weeknd, The Daily Mirror...

      Fitch affirms Ukrainian city of Kharkiv at `CCC`
      May23

      Fitch affirms Ukrainian city of Kharkiv at `CCC`

      Fitch Ratings has affirmed the Ukrainian City of Kharkiv`s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at `CCC,` and Short-Term Foreign Currency IDR at `C`, Fitch Ratings said in its press release.Fitch has also affirmed the city`s National Long-Term rating at `A+(ukr)` with a Negative Outlook, according to the press...