Section: Latest news

      France overtakes Britain as world`s No. 5 economy after pound drops
      Jul07

      France overtakes Britain as world`s No. 5 economy after pound drops

      France and Britain were vying for fifth place on the list of the world`s biggest economies on Wednesday, with France nudging ahead after a renewed slump in the pound in the wake of the Brexit vote, Reuters calculations showed.Britain`s gross domestic product stood at 1.864 trillion pounds in 2015, according to the last available figures from the...

      Kyiv`s Moskovskiy Avenue renamed after Stepan Bandera
      Jul07

      Kyiv`s Moskovskiy Avenue renamed after Stepan Bandera

      Kyiv City Council has decided that Moskovskiy [Moscow] Avenue has to be renamed after Stepan Bandera as part of de-communization drive, according to an UNIAN correspondent.The decision was taken at a meeting of the City Council on Thursday and supported by 87 of 97 deputies registered in the session hall.The draft decision was submitted as urgent...

      Stockholm hearings in Naftogaz-Gazprom case to start in September
      Jul07

      Stockholm hearings in Naftogaz-Gazprom case to start in September

      The Arbitration Institute of the Stockholm Chamber of Commerce will start hearing claims on gas supply filed by Ukrainian state holding company Naftogaz of Ukraine and Russian gas giant Gazprom in September, and on the transit contract – at the end of November this year, Naftogaz CEO Andriy Kobolev said during a press conference Thursday.As UNIAN...

      Rada approves amnesty for ATO fighetrs in 2016
      Jul07

      Rada approves amnesty for ATO fighetrs in 2016

      The Verkhovna Rada of Ukraine has adopted the law ”On amnesty in 2016.”The law provides for an amnesty and is to extend its action primarily on the combatants, those who defended the independence, sovereignty, and territorial integrity of Ukraine, took part in the Anti-Terrorist Operation, on the juveniles and women, as well as men who have...

      Ukraine sees electricity exports grow by 22% since year start
      Jul07

      Ukraine sees electricity exports grow by 22% since year start

      Ukraine exported $85.5 million worth of electricity in January-June 2016, which was higher by 22% year-over-year, according to the State Fiscal Service (SFS).The SFS reported that electricity supplies to Hungary accounted for 74.2% of total revenues from power exports. Power supplies to Poland made up 25.4% of total power export volumes and to...

      Budget gets UAH 519 mln from lease of state property in 6 mths
      Jul07

      Budget gets UAH 519 mln from lease of state property in 6 mths

      Revenues to the state budget from the lease of state property in January-June 2016 decreased by 8.2% – to UAH 519.4 million from UAH 565.8 million year-over-year, according to the website of the State Property Fund of Ukraine.At the same time, the fund fulfilled the annual target on lease by 84.45% for six months. In 2016, the agency should...

      Ukraine suffers more losses in Donbas: 2 KIAs, 6 WIAs in last 24 hrs
      Jul07

      Ukraine suffers more losses in Donbas: 2 KIAs, 6 WIAs in last 24 hrs

      Two Ukrainian soldiers were killed and another six were wounded in the Donbas conflict zone in the last 24 hours, presidential administration spokesman for the Anti-Terrorist Operation Colonel Andriy Lysenko said at a briefing in Kyiv on Thursday, according to an UNIAN correspondent.”In the last day, we lost two Ukrainian soldiers, and another...

      WSJ: Merkel defends NATO plans for greater troop presence near Russian border
      Jul07

      WSJ: Merkel defends NATO plans for greater troop presence near Russian border

      German Chancellor Angela Merkel on Thursday defended the North Atlantic Treaty Organization`s plans for a greater troop presence near the Russian border as a necessary deterrence measure, despite nervousness among Germans about confronting Moscow`s perceived military threat, according to The Wall Street Journal.Ms. Merkel described the NATO...

      U.S. Secretary of State arrives in Kyiv
      Jul07

      U.S. Secretary of State arrives in Kyiv

      U.S. Secretary of State John Kerry has arrived in Kyiv, according to a posting on the website of the U.S. Embassy in Kyiv.Kerry plans to meet with Ukrainian President Petro Poroshenko, Prime Minister Volodymyr Groysman, and other Ukrainian leaders to discuss progress on reforms, the implementation of the Minsk agreements, and other issues. After...

      Oil prices edge up on U.S. crude stock draw, but slowing economies weigh
      Jul07

      Oil prices edge up on U.S. crude stock draw, but slowing economies weigh

      Oil prices edged up on Thursday, supported by a report of another fall in U.S. crude inventories as well as a weaker dollar, although a glut of refined products and economic growth concerns continue to drag on markets, Reuters reported.International Brent crude oil futures were trading at $48.96 per barrel at 0712 GMT on Thursday, down from a...