Section: News & Summaries

      How to Solve Ukraine’s Security Dilemma
      Apr12

      How to Solve Ukraine’s Security Dilemma

      The Case for a New Security Pact between the Baltic and Black Seas A main reason for the recent escalation of tensions in Eastern Europe is the absence of an effective security structure encompassing such militarily weak countries as Moldova, Georgia, and Ukraine. While Ukrainian public opinion has recently made a U-turn from a rejection to an...

      NBU to cancel requirement for banks to copy passports when forex operations
      Apr12

      NBU to cancel requirement for banks to copy passports when forex operations

      As part of further liberalization of foreign currency regulations, the National Bank of Ukraine (NBU) plans to cancel a requirement for banks to make and keep copies of documents provided by individuals when carrying out foreign exchange operations, the regulator reported on Facebook referring to a statement of Director of the Open Markets...

      Pyatt: $1 bln in U.S. loan guarantees to Ukraine to depend on new Govt
      Apr12

      Pyatt: $1 bln in U.S. loan guarantees to Ukraine to depend on new Govt

      U.S. Ambassador to Ukraine Geoffrey Pyatt has said the allocation of $1 billion U.S. loan guarantees to Ukraine will depend on the formation of a new reform-minded Cabinet of Ministers, according to an UaPosition correspondent.Until there is no new government in Ukraine, there will be no third tranche of loan guarantees in the amount of $1...

      “Putin’s Not Finished,” Warns Former Defense Official Evelyn Farkas
      Apr12

      “Putin’s Not Finished,” Warns Former Defense Official Evelyn Farkas

      On April 5, Russian President Vladimir Putin suddenly announced creation of a National Guard, of up to 400,000 personnel, to control drug trafficking and terrorism.But former Pentagon adviser Evelyn Farkas has a different take: “I see this as riot control.”Putin is distracting attention from bad economic news, due to sanctions, she said. “This...

      Oil hits 2016 high above $43 on producer meeting hopes
      Apr12

      Oil hits 2016 high above $43 on producer meeting hopes

      Oil reached a 2016 high above $43 a barrel on Tuesday, supported by hopes that an upcoming meeting of oil producers will agree steps to tackle a supply glut, and by a weak U.S. dollar and further signs of strong demand in China, Reuters reported.Brent crude LCOc1 was up 50 cents at $43.33 a barrel at 0842 GMT and earlier in the session reached a...

      Governor Moskal to challenge in court referendum of 1991 on granting special status to Zakarpattia
      Apr12

      Governor Moskal to challenge in court referendum of 1991 on granting special status to Zakarpattia

      Zakarpattia Governor Hennadiy Moskal has filed a lawsuit in the District Administrative Court to recognize the outcome of the referendum of December 1, 1991 on granting special status to Zakarpattia region as being void, as well as to cancel the relevant resolutions of the regional council.The lawsuit is related to public response, which arose...

      Economy Ministry improves inflation forecast to 5.5% in 1H 2016
      Apr12

      Economy Ministry improves inflation forecast to 5.5% in 1H 2016

      The Ministry of Economic Development and Trade has improved the inflation forecast in Ukraine from 7.5% to 5.5% in the first half of 2016, due to the saturation of the domestic market with goods and the absence of significant fluctuations in the currency market.The relevant forecast was presented in the analytical material published on the...

      Rada Committee recommends to approve resignation of PM Yatsenyuk
      Apr12

      Rada Committee recommends to approve resignation of PM Yatsenyuk

      Verkhovna Rada Committee on Legal Policy and Justice has decided to recommend to Parliament to approve resignation of Prime Minister Arseniy Yatsenyuk, committee member, MP from the Samopomich faction Ruslan Sydorovych wrote on Facebook.”The Committee has decided to dismiss Yatsenyuk. But!!! It decided to recommend canceling the decision of the...

      Ukraine, EU to discuss trade liberalization at Association Committee meeting
      Apr12

      Ukraine, EU to discuss trade liberalization at Association Committee meeting

      A meeting of the EU-Ukraine Parliamentary Association Committee, scheduled for April 12-13, will focus on discussions over further trade liberalization and intensification, Ukraine Trade Representative Nataliya Mykolska wrote on Facebook.”We will work together to solve problems that may arise in the process of trading between the parties,...

      Russian doctors say Savchenko`s health satisfactory
      Apr12

      Russian doctors say Savchenko`s health satisfactory

      Doctors consider that the health of Ukrainian pilot Nadia Savchenko, who has been sentenced to 22 years in prison, is satisfactory and there is no need to send her to hospital, Russia`s federal prison authority said on Tuesday, according to Russian news agency TASS.On Monday, a concilium of doctors was held on Savchenko`s health that involved...