Section: Latest news

      WSJ: Russia builds up army near Ukraine border
      Aug19

      WSJ: Russia builds up army near Ukraine border

      Russia is bolstering its military presence on its western border, sending tens of thousands of soldiers to newly built installations within easy striking distance of Ukraine, according to The Wall Street Journal. The moves, which come as Moscow ratchets up confrontation over the Black Sea peninsula of Crimea, are a centerpiece of a new military...

      Naftogaz projects profit of UAH 16-18 billion this year
      Aug19

      Naftogaz projects profit of UAH 16-18 billion this year

      National Joint Stock Company Naftogaz of Ukraine has projected a net profit of UAH 16-18 billion by the end of 2016. ”In the first half of the year (H1), profit will amount to UAH 21 billion. We project UAH 16-18 billion in total profit this year,” Naftogaz CEO Andriy Kobolev said on air to Ukrainian Channel 5. He noted that the annual profit,...

      Interior Ministry to strengthen ”foot component” of patrol police
      Aug19

      Interior Ministry to strengthen ”foot component” of patrol police

      The Interior Ministry plans to increase the number of foot patrol police officers in Ukraine, Ukrainian Interior Minister Arsen Avakov stated at a briefing in Kharkiv on Friday, according to a UNIAN correspondent. The ministry has paid insufficient attention to this issue, Avakov noted. ”We will strengthen this component,” he added. In addition,...

      Hryvnia weakens to UAH 25.31 to dollar on interbank market
      Aug19

      Hryvnia weakens to UAH 25.31 to dollar on interbank market

      Hryvnia quotations against the dollar on the interbank currency market on Friday fell to UAH 25.27/25.31 to the dollar by the middle of trade, a broker at a commercial bank has told an UNIAN correspondent. Hryvnia quotes against the euro have settled at UAH 28.6040/28.6810, while those against the Russian ruble have settled at UAH 0.3950/0.3960....

      Russia conducts military exercises in occupied Crimea
      Aug19

      Russia conducts military exercises in occupied Crimea

      Russian divisions responsible for providing logistical support are determining what tasks are needed to support the forces in occupied Crimea, according to RIA Novosti. ”The divisions providing logistical support have started working on practical tasks to support the forces in the sea and ground landfills of the Republic of Crimea,” Russian...

      Antimonopoly Committee of Ukraine to demand payment of UAH 85 bln fine from Gazprom
      Aug19

      Antimonopoly Committee of Ukraine to demand payment of UAH 85 bln fine from Gazprom

      The Antimonopoly Committee of Ukraine (ACU) is ready to go to court over payment of a UAH 85 bln fine imposed on Gazprom for abusing its monopoly of the Ukrainian natural gas transit market, ACU Head Yuriy Terentyev told reporters. According to Terentyev, the Russian company was trying, by all means, to challenge ACU`s decision on imposition of...

      Yatsenyuk summoned to court on Grigorishin`s claim
      Aug19

      Yatsenyuk summoned to court on Grigorishin`s claim

      The Kyiv Pechersk District Court has summoned former Ukrainian Prime Minister Arseniy Yatsenyuk to a meeting on October 13 as a defendant in a suit filed by Ukrainian-born Russian billionaire Konstantin Grigorishin. The relevant summons was published today in the Ukrainian government`s Uriadovy Kurier newspaper. ”To the attention of Arseniy...

      The West Has a Ukraine Challenge, and It’s Not Going Away
      Aug19

      The West Has a Ukraine Challenge, and It’s Not Going Away

      Since the Middle Ages, Kyivan Rus—the loose network of warring principalities whose borders vaguely coincide with today’s Ukraine—has been exposed to waves of invaders from neighboring states. This list of aggressors includes the Normans, Mongols, Poles, Ottomans, Habsburg Austrians, Germans, and Nazis—and not least, Muscovite Russians, the...

      Finance Ministry backs proposal to raise minimum price of alcohol
      Aug19

      Finance Ministry backs proposal to raise minimum price of alcohol

      Ukraine`s Finance Ministry has published a draft resolution on its website proposing to increase the minimum price of alcohol. The document has been released for public debate. Earlier, on August 12, the Ministry of Economic Development and Trade also proposed that the price of vodka and alcoholic beverages be raised by 24%, the price of cognac...

      Merkel sees no end to EU sanctions against Russia
      Aug19

      Merkel sees no end to EU sanctions against Russia

      There is no reason to lift the European Union`s sanctions against Russia as Moscow has not fulfilled all of its commitments under the Minsk peace plan, German Chancellor Angela Merkel said in an interview published on Friday, according to Reuters. Merkel told the RedaktionsNetzwerks Deutschland (RND) that Russia had caused a major crisis by...