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Section: Latest news

    Oil closes near six-week low as supply falls less than expected
    May04

    Oil closes near six-week low as supply falls less than expected

    Crude closed near a six-week low in New York after U.S. inventories declined by less than analysts projected, according to Bloomberg. Crude stockpiles fell 930,000 barrels to 527.8 million, the Energy Information Administration reported Wednesday – less than a third of the 3 million-barrel decline forecast by analysts surveyed by Bloomberg....

    Ukraine MFA comments on Council of Europe`s decision on Crimea
    May04

    Ukraine MFA comments on Council of Europe`s decision on Crimea

    The Ministry of Foreign Affairs of Ukraine has noted that the decision of the Committee of Ministers of the Council of Europe on the situation in Crimea and the city of Sevastopol (Ukraine) is a serious contribution of the Council of Europe to ensuring democratic security in Europe, according to a statement published on the ministry`s website....

    Moldova Court declares illegal stay of Russian troops in Transnistria; president Dodon critical of ruling
    May04

    Moldova Court declares illegal stay of Russian troops in Transnistria; president Dodon critical of ruling

    The Constitutional Court of Moldova on Tuesday, May 2, declared unconstitutional the presence of Russian military forces on the territory of the republic`s Transnistrian region, while Moldova President says such a decision will provoke various political speculations. The court stressed the country`s permanent neutrality status, while the...

    Ukraine reports 63 Russian attacks in Donbas, 1 soldier killed, 7 wounded in last day
    May03

    Ukraine reports 63 Russian attacks in Donbas, 1 soldier killed, 7 wounded in last day

    Russia`s hybrid military forces attacked Ukrainian army positions in Donbas 63 times in the past 24 hours, with one Ukrainian soldier reported as killed in action (KIA) and seven as wounded in action (WIA), according to the press service of the Anti-Terrorist Operation (ATO) Headquarters. View map in full size ”In the Mariupol sector, the enemy...

    Russia boosts gas transit via Ukraine
    May03

    Russia boosts gas transit via Ukraine

    Transit of natural gas through the Ukrainian gas transport system (GTS) in January-April 2017 increased by 23%, or to 30.5 billion cubic meters year-over-year, according to the press service of Ukrtransgaz. In April, 7.3 bcm was delivered to European consumers, which is 31.5% more than reported for the same period last year, reads the report by...

    Ukraine sees 23.8% decline in deficit of foreign trade in Q1 2017
    May03

    Ukraine sees 23.8% decline in deficit of foreign trade in Q1 2017

    The balance of foreign trade in goods and services in Ukraine recorded a deficit of $1.261 billion in January-March 2017, which was 23.8% down from deficit at $1.655 year-over-year (y-o-y), according to the website of the National Bank of Ukraine (NBU). The deficit of foreign trade in commodities grew by 11.8% in Q1 2017, to $1.711 billion y-o-y,...

    Top management, shareholders of 2 bankrupt banks steal UAH 4 bln from accounts – Prosecutor General`s Office of Ukraine
    May03

    Top management, shareholders of 2 bankrupt banks steal UAH 4 bln from accounts – Prosecutor General`s Office of Ukraine

    Criminal investigation is under way by the Prosecutor General`s Office of Ukraine into the embezzlement by officials and shareholders of PJSC CB Pivdencombank and PJSC Terra Bank of funds totaling more than UAH 4 billion, which brought both financial institutions to insolvency, as reported by the PGO`s press office. ”The Office for Investigation...

    Ecological disaster in Ukraine caused by Moscow`s invasion spreads into Russia – experts
    May03

    Ecological disaster in Ukraine caused by Moscow`s invasion spreads into Russia – experts

    Just as was the case with the Chornobyl accident 25 years ago last month, the environmental damage caused by Russia`s invasion of Ukraine is spreading far beyond the borders of that country into the Russian Federation, according to Russian and Ukrainian engineers, mining specialists and ecologists, Euromaidan Press reports. In an article in...

    Ukrainian President holds phone conversation with Prime Minister of Israel
    May03

    Ukrainian President holds phone conversation with Prime Minister of Israel

    Ukrainian President Petro Poroshenko had a phone conversation with Prime Minister of Israel Benjamin Netanyahu, according to the president`s press service. Poroshenko congratulated the interlocutor on the 69th anniversary of the Independence Day of Israel, the press service said. The parties confirmed mutual willingness to intensify bilateral...

    China to produce train capable of 400 km/h by 2020
    May03

    China to produce train capable of 400 km/h by 2020

    China Railway Rolling Stock Corporation (CRRC) is working on next-generation bullet trains with a maximum operational speed of 400 kilometers per hour that will be ready by 2020, China Daily reports. ”We will apply new materials in the research and production of the future high-speed trains, such as carbon fiber and aluminum alloy, which will...

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