Section: Latest news

      Reuters: Iran signals more willingness for OPEC action to boost oil price
      Aug24

      Reuters: Iran signals more willingness for OPEC action to boost oil price

      Iran is sending positive signals that it may support joint action to prop up the oil market, sources in OPEC and the oil industry said, potentially aiding efforts to revive a global deal on freezing production levels at talks next month, according to Reuters. OPEC`s third-largest producer has been boosting output after the lifting of Western...

      EU congratulates Ukraine on Independence Day, acknowledges progress
      Aug24

      EU congratulates Ukraine on Independence Day, acknowledges progress

      The European Union (EU) congratulated Ukraine on its Independence Day and acknowledged the remarkable progress Ukraine has made as a democratic and independent nation over the past 25 years, according to a statement by the spokesperson of the EU foreign diplomatic service. ”The EU continues to support the reform process that Ukraine has...

      EU energy chief plans gas talks in Russia, Ukraine next month
      Aug24

      EU energy chief plans gas talks in Russia, Ukraine next month

      European Union`s energy chief Maros Sefcovic will hold talks in Russia and Ukraine next month, testing the political appetite of the two countries for EU-brokered negotiations that could fend off the risk of a gas supply disruption in the coming winter, according to Bloomberg. As tensions heat up between the two former Soviet allies over the...

      Russian troops attack ATO forces 48 times ahead of Independence Day
      Aug24

      Russian troops attack ATO forces 48 times ahead of Independence Day

      Combined Russian-separatist forces attacked Ukrainian army positions in eastern Ukraine 48 times in the past 24 hours – 19 times in the Donetsk sector, 22 times in the Mariupol sector and seven times in the Luhansk sector – according to the press center of the Anti-Terrorist Operation headquarters. View map in full size In the Donetsk sector, the...

      Obama congratulates Ukrainians on Independence Day
      Aug24

      Obama congratulates Ukrainians on Independence Day

      U.S. President Barack Obama has congratulated Ukrainian President Petro Poroshenko and the people of Ukraine on the 25th anniversary of the country`s independence. ”On behalf of the people of the United States, I extend my warmest congratulations to you and the people of Ukraine as you celebrate the 25th anniversary of your nation`s independence...

      French President congratulates Ukraine on Independence Day, calling it `key actor` on global scene
      Aug24

      French President congratulates Ukraine on Independence Day, calling it `key actor` on global scene

      French President Francois Hollande said that Ukraine asserted itself as a key actor on the European and global scene. Hollande stated this in his congratulatory message to President of Ukraine Petro Poroshenko and the Ukrainian people on the occasion of the 25th anniversary of Ukraine`s Independence. ”Despite all the pressures and crises, Ukraine...

      The Guardian: Ukraine`s medicine bill slashed by 25% after UK firm brought in to handle procurement
      Aug24

      The Guardian: Ukraine`s medicine bill slashed by 25% after UK firm brought in to handle procurement

      A British company hired to buy medicines for Ukraine`s health ministry has succeeded in cutting prices by up to a quarter, in a rare success for anti-corruption efforts, The Guardian reported. Last year, under pressure from activists demanding action against graft, the health ministry brought in Crown Agents, a not-for-profit development company...

      Experts lower Ukraine economic outlook for 2016, forecast higher growth in subsequent years
      Aug24

      Experts lower Ukraine economic outlook for 2016, forecast higher growth in subsequent years

      Economists have downgraded the growth projection for Ukraine`s economy in 2016 by 0.1 percentage points to 1%, but improved projections of the economic growth in 2017 and 2018 to 2.9% and 3.6%, respectively, according to an updated expert consensus forecast compiled by Ukraine`s Ministry of Economic Development and Trade. Experts have also...

      Putin`s adviser calls ”nonsense” audio tapes released by Ukraine proving his masterminding of separatism in Crimea
      Aug23

      Putin`s adviser calls ”nonsense” audio tapes released by Ukraine proving his masterminding of separatism in Crimea

      Sergey Glazyev, adviser to the president of Russia, has called recent statements of the Prosecutor General`s Office of Ukraine (PGO) about his involvement in crimes against Ukraine`s territorial integrity and instigation of a war in this country as ”nonsense”, RBC reported. ”I will not comment on this nonsense of the Nazi criminals,” Glazyev...

      Militants destroy Ukrainian stronghold near Donetsk
      Aug23

      Militants destroy Ukrainian stronghold near Donetsk

      Combined Russian-separatist forces attacked Ukrainian army positions near the village of Luhanske, Ukrainian news service TSN reported. The militants were attacking the Ukrainian army with armored vehicles, grenade launchers and machine guns. One of the strongholds of the 54th Brigade was destroyed by a powerful mine. No casualties or injuries...