Section: Latest news

      U.S. State Department to cut threefold financial aid to Ukraine
      May24

      U.S. State Department to cut threefold financial aid to Ukraine

      The United States State Department suggests in the budget for the 2018 fiscal year to reduce its assistance to Ukraine by three times, according to the draft budget for foreign operations and related programs, posted on the State Department`s website. In the 2016 fiscal year, more than $667 million was allocated for Ukraine. At the same time, it...

      Merkel convening Normandy Four summit
      May24

      Merkel convening Normandy Four summit

      German Chancellor Angela Merkel is calling for the leaders of Ukraine, France, and Russia to meet for another round of talks in the Normandy format on the settlement of the conflict in eastern Ukraine, according to Der Tagesspiegel. According to Der Tagesspiegel, the Ukrainian army has been fighting with the Russian-backed militants in the east...

      Ukraine-Turkey Free Trade Agreement sees progress
      May24

      Ukraine-Turkey Free Trade Agreement sees progress

      Stepan Kubiv, the first vice prime minister and minister of economic development and trade of Ukraine, has said that Turkey and Ukraine are making progress in signing the Free Trade Agreement (FTA), according to Daily Sabah. Kubiv said the trade volume between Ukraine and Turkey increased by 25 percent, adding that relations have developed not...

      Oil settles up slightly on view OPEC will extend output cuts
      May24

      Oil settles up slightly on view OPEC will extend output cuts

      Oil prices settled a bit higher on Tuesday as expectations of an extension to OPEC-led supply cuts overshadowed a White House proposal to sell half of U.S. petroleum reserves, according to Reuters. Brent crude LCOc1 settled up 28 cents at $54.15 per barrel. U.S. light crude CLc1 was up 34 cents at $51.47, Reuters said. On Thursday the...

      Dutch Senate forms majority to support EU-Ukraine Association Agreement
      May24

      Dutch Senate forms majority to support EU-Ukraine Association Agreement

      The majority has been formed in the Dutch Senate in support of the ratification of the Ukraine-EU Association Agreement, according to BNR.nl. In addition to traditional supporters of the Agreement – senators from parties VVD, D66, GroenLinks, and PvdA, nine CDA senators and three representatives of CU are reportedly ready to ratify the deal...

      Normandy Four meeting expected after schedules agreed – Gerashchenko
      May23

      Normandy Four meeting expected after schedules agreed – Gerashchenko

      The Ukrainian side expects that the meeting in the so-called Normandy Format between the leaders of Ukraine, Germany, France, and Russia will be held after the schedules are agreed, Ukraine`s humanitarian envoy in the Trilateral Contact Group for the peaceful settlement in Donbas, First Deputy Chair of the Verkhovna Rada Iryna Gerashchenko said...

      Washington State recognizes Holodomor as genocide of Ukrainians
      May23

      Washington State recognizes Holodomor as genocide of Ukrainians

      On Monday, May 22, the Washington State Senate unanimously approved a resolution calling Holodomor an act of genocide of the people of Ukraine, according to Voice of America. ”The Holodomor was a genocide committed by Joseph Stalin and the Soviet regime against the people of Ukrainian,” reads the document, Voice of America reports. Now the Day of...

      Company of Serhiy Kurchenko (member of Yanukovych’s criminal group), smuggle over 1 mln tonnes of Donbas coal to Russia in 2016– media
      May23

      Company of Serhiy Kurchenko (member of Yanukovych’s criminal group), smuggle over 1 mln tonnes of Donbas coal to Russia in 2016– media

      Some 940,000 tonnes of anthracite and another 95,000 tonnes of other types of coal mined in the occupied areas in Donetsk and Luhansk regions were shipped to Russia in 2016, according to Liga.net. These were statistics that were officially recorded by the Russian Railways, Liga.net reports. In 2015, around 1.3 million tonnes of anthracite coal...

      Ukrainian oil and gas holding Naftogaz to cut gas prices for industry from June 1
      May23

      Ukrainian oil and gas holding Naftogaz to cut gas prices for industry from June 1

      National oil and gas holding Naftogaz of Ukraine from June 1, 2017, will lower by 0.4% the minimum price of natural gas sold to industrial consumers – that is, from UAH 7,456.8 per 1,000 cubic meters in May 2017 to UAH 7,430.4 per 1,000 cubic meters, the company said in a statement. At the same time, the maximum price of natural gas for...

      Future of Normandy format, Minsk accords to be decided at G7 summit – Ukrainian diplomat
      May23

      Future of Normandy format, Minsk accords to be decided at G7 summit – Ukrainian diplomat

      Ukrainian diplomat, former Ukrainian envoy to the Minsk Trilateral Contact Group`s political subgroup Roman Bezsmertny says that the future of the ”Normandy format” (Ukraine, France, Germany and Russia) and the Minsk peace agreement on Donbas will be decided during the G7 summit in Italy, according to Radio Svoboda`s Ukrainian-language service....