Section: News & Summaries

      Akhmetov still tops richest Ukrainians list, Poroshenko`s income $100 mln up
      Apr04

      Akhmetov still tops richest Ukrainians list, Poroshenko`s income $100 mln up

      Ukrainian businessman Rinat Akhmetov has traditionally ranked first in the list of Ukraine`s top 100 richest people, with assets estimated at $2.3 billion, down $4.6 billion over the last year, according to Forbes Ukraine. The billionaire`s assets depleted due to a decrease in world prices of iron ore and metal. In addition, almost all his...

      Panama to assist in #PanamaPapers ‘probe’

      The Government of Panama is ready to cooperate with investigation in any money laundering probe linked to Mossack Fonseca. ||| Mexico City – The government of Panama is ready to cooperate with investigation in any money laundering probe linked to Mossack Fonseca, a Panama firm selling offshore companies, according to a statement issued by...

      Syrian Nusra Front`s Abu Firas killed in suspected drone strike
      Apr04

      Syrian Nusra Front`s Abu Firas killed in suspected drone strike

      A prominent leader in Syrian al Qaeda offshoot Nusra Front was killed on Sunday in what rebel sources said appeared to be a U.S. drone strike in the rebel-held northwestern province of Idlib, Reuters reported.The Syrian Observatory for Human Rights, which tracks violence in the country, confirmed reports on websites by militant sympathizers that...

      Over 20 attacks on Ukraine troops in last day, Avdiyivka remains hot spot
      Apr04

      Over 20 attacks on Ukraine troops in last day, Avdiyivka remains hot spot

      The combined Russian-separatist forces attacked Ukrainian army positions in eastern Ukraine 23 times in the past 24 hours, including 16 times in the Donetsk sector, five times in the Mariupol sector, and twice in the Luhansk sector, according to the press center of the Anti-Terrorist Operation (ATO).”The town of Avdiyivka remains one of the most...

      Oil prices fall on dimming prospect of output restraint
      Apr04

      Oil prices fall on dimming prospect of output restraint

      Oil prices fell on Monday as the chances of Middle East producers agreeing to curb overproduction appeared to fade, while stubbornly high U.S. output and worries about Asia`s economic outlook also dragged on prices, Reuters reported. Front month U.S. crude futures CLc1 were at $36.36 per barrel at 0520 GMT, down 1.17% or 43 cents from their last...

      Greece begins ferrying migrants to Turkey under EU deal
      Apr04

      Greece begins ferrying migrants to Turkey under EU deal

      Greece began returning migrants from the island of Lesbos to Turkey on Monday under a landmark European Union deal aimed at stopping the uncontrollable influx of migrants and refugees into Europe since last year, according to Reuters.Under the EU-Turkey deal, Ankara will take back all migrants and refugees, including Syrians, who enter Greece...

      Poroshenko sets up three offshore companies as Roshen assets restructuring
      Apr04

      Poroshenko sets up three offshore companies as Roshen assets restructuring

      Ukrainian President Petro Poroshenko has begun to restructure Roshen`s assets, having created three offshore companies, while his Roshen assets haven`t been transferred to a trust despite his earlier announcements, according to the Slidstvo.info program on hromadske.tv.”The actual transfer of assets to the trust requires a large number of legal...

      ‘Panama Papers’ lift lid on illicit deals

      Leaked documents from a Panama-based law firm reveal how top politicians, sports stars and criminals hide their money. ||| Berlin – A huge leak of 11.5 million documents from a Panama-based law firm reveals how top politicians, sports stars and criminals hide their money using offshore tax havens, Germany’s Sueddeutsche Zeitung said...

      20 Ukrainians exposed in Panama Papers leak including President Poroshenko
      Apr04

      20 Ukrainians exposed in Panama Papers leak including President Poroshenko

      Twenty people connected with Ukraine have become exposed in the so-called Panama Papers leak related to offshore holdings, according to Ukrainian TV news service TSN. A new investigation published by the International Consortium of Investigative Journalists (ICIJ), the Organized Crime and Corruption Reporting Project (OCCRP), the German newspaper...

      Panama Papers: Mossack Fonseca leak reveals elite`s tax havens – BBC
      Apr04

      Panama Papers: Mossack Fonseca leak reveals elite`s tax havens – BBC

      A huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth, according to the BBC.Eleven million documents were leaked from one of the world`s most secretive companies, Panamanian law firm Mossack Fonseca, the BBC wrote.They show how Mossack Fonseca has helped clients launder money, dodge...