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Section: Latest news

    Boris Johnson: UK will not normalize relations with Moscow – media
    Dec02

    Boris Johnson: UK will not normalize relations with Moscow – media

    British Foreign Secretary Boris Johnson says that Britain is prepared to be tough with Russia, according to The Guardian. In his first set piece speech as foreign secretary, he will set out a strong warning to Russia that the UK will not normalize relations with Moscow, or buckle over Ukraine or Syria, adding that he fully supports Donald Trump,...

    Ukraine posts balance of payments surplus worth US$1.1 bln in 10 months
    Dec02

    Ukraine posts balance of payments surplus worth US$1.1 bln in 10 months

    Ukraine posted US$1.098 billion in the surplus of the balance of payments January through October 2016, which was five times higher than the surplus posted in the same period of 2015 at $227 million, according to the National Bank of Ukraine (NBU). The surplus of the balance of payments in October 2016 alone stood at $91 million. The current...

    Russia says foreign spies plan cyber attack on banking system
    Dec02

    Russia says foreign spies plan cyber attack on banking system

    Russia said on Friday it had uncovered a plot by foreign spy agencies to sow chaos in Russia`s banking system via a coordinated wave of cyber attacks and fake social media reports about banks going bust, according to Reuters. Russia`s domestic intelligence agency, the Federal Security Service (FSB), said in a statement that the servers to be used...

    National Bank of Ukraine: Ukraine`s forex reserves will shrink without IMF loans
    Dec02

    National Bank of Ukraine: Ukraine`s forex reserves will shrink without IMF loans

    Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva says that giving up support of the International Monetary Fund (IMF) and other international donors will translate into a reduction in Ukraine`s forex and gold reserves, which threatens the country`s financial stability, according to a posting on the NBU`s website. ”It`s extremely...

    Tusk says Russia sanctions likely to be extended
    Dec02

    Tusk says Russia sanctions likely to be extended

    The head of the European Union`s executive body has said he expects EU sanctions against Russia to be extended next year, but that it will be harder to do that in the future, according to Radio Liberty. Donald Tusk, who is president of the European Council and a former Polish prime minister, made the comments in an interview broadcast on December...

    Trump picks retired Marine Gen. James Mattis for secretary of defense – media
    Dec02

    Trump picks retired Marine Gen. James Mattis for secretary of defense – media

    President-elect Donald Trump said Thursday he has chosen retired Marine Gen. James N. Mattis, who has said that responding to ”political Islam” is the major security issue facing the United States, to be secretary of defense, according to The Washington Post. ”We are going to appoint Mad Dog Mattis as our secretary of defense,” Trump told a rally...

    Russian “provocation” risk worries Estonia amid U.S. transition
    Dec02

    Russian “provocation” risk worries Estonia amid U.S. transition

    Estonia is braced for ”provocations” from neighboring Russia, which it says could seek to undermine Western solidarity during Donald Trump`s transition to the U.S. presidency, according to Bloomberg. Instability in the Baltic region has risen because of ”the growing aggressiveness of Russia`s regime over several years,” according to Estonian...

    Russia confirms loss of Progress cargo ship: Future launches may be affected
    Dec02

    Russia confirms loss of Progress cargo ship: Future launches may be affected

    The Russian Progress cargo spacecraft was lost at an altitude of 190 kilometers over the Republic of Tuva in southern Siberia, the press service of Russia`s state space corporation Roscosmos said on Thursday, TASS reports. ”According to preliminary information, the spaceship was lost as a result of a contingency situation at an altitude of 190...

    Oil prices dip after OPEC-Russia output cut deal, focus swings to implementation
    Dec02

    Oil prices dip after OPEC-Russia output cut deal, focus swings to implementation

    Oil prices slipped on Friday as some investors opted to cash out after Brent touched 16-month a high on Thursday, with optimism over this weekэs OPEC-Russia accord on cutting output giving way to questions on the ”sticking point” of implementing the deal, according to Reuters. International Brent crude oil futures LCOc1 were trading at $53.36 per...

    Ukrainian Bank for Reconstruction and Development sold to Chinese investor for almost UAH 83 mln
    Dec02

    Ukrainian Bank for Reconstruction and Development sold to Chinese investor for almost UAH 83 mln

    The State Property Fund of Ukraine (SPF) chief Ihor Bilous said Wednesday it had sold at a second-try auction a state-owned Ukrainian Bank for Reconstruction and Development (UBRD) to China`s Bohai Commodity Exchange Co., Ltd. (BOCE). The bank was sold at a starting price as the bidding had just one participant, Bilous reported on the results of...

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