Section: News & Summaries

      Ukrenergo prepares documents to sue Russia for seized assets in Crimea
      Mar31

      Ukrenergo prepares documents to sue Russia for seized assets in Crimea

      State-run Ukrenergo, which operates Ukraine`s power grids, has prepared documents to sue Russia in international courts for the loss of assets in the occupied Crimea.”We prepared an entire package of documents and handed it over to the Justice Ministry, as in keeping with initial instructions, it was planned to be a joint lawsuit, which will be...

      German retailer Metro to split into two groups
      Mar31

      German retailer Metro to split into two groups

      Shares in German retail heavyweight Metro, which owns Saturn electrical stores, have jumped 9% to EUR 26.80 after it revealed plans to split into two companies that will be separately listed on the stock market, The Financial Times reported.The group`s current brands, which also include Metro Cash & Carry, will be divided along two lines: one...

      Bloomberg: Hollande drops plan to strip citizenship from terrorists
      Mar30

      Bloomberg: Hollande drops plan to strip citizenship from terrorists

      French President Francois Hollande said he`s dropping plans to allow authorities to strip those convicted of terrorist offenses of their French nationality, his second major policy climbdown this month, according to Bloomberg.Hollande abandoned his controversial proposal, which would require constitutional reform, after the Chamber of Deputies...

      Poroshenko enacts Savchenko-Sentsov List
      Mar30

      Poroshenko enacts Savchenko-Sentsov List

      Ukrainian President Petro Poroshenko has enacted a resolution by the National Security and Defense Council (NSDC) of Ukraine on special economic and other restrictive measures (sanctions) against individuals involved in illegal actions against Nadia Savchenko, Oleh Sentsov and Oleksandr Kolchenko, or the so-called Savchenko-Sentsov List,...

      OSCE reports `high number` of truce violations near Yasynuvata, Avdiyivka
      Mar30

      OSCE reports `high number` of truce violations near Yasynuvata, Avdiyivka

      The OSCE Special Monitoring Mission (SMM) to Ukraine has reported that the towns of Yasynuvata and Avdiyivka saw most of ceasefire violations in Donetsk region on Tuesday, March 29.”The SMM observed a high number of ceasefire violations in Donetsk region, mostly in the Yasynuvata-Avdiyivka area,” the OSCE SMM said in its update based on...

      TASS: Sea Launch project sold but investor cannot be revealed — Russian official
      Mar30

      TASS: Sea Launch project sold but investor cannot be revealed — Russian official

      Roscosmos Corporation head Igor Komarov announces that the Sea Launch project, using Zenit rockets for launches from a floating platform in the Pacific Ocean, has been sold, according to Russian news agency TASS.”I cannot name the investor or disclose the value of the contract by virtue of certain circumstances. I do hope I will be able to say...

      Revealing Europe’s Best-Kept Secret
      Mar30

      Revealing Europe’s Best-Kept Secret

      Early April will see the closure of Ukraine Today, which had been the only full-time English language TV news service offering Ukrainian perspectives to international audiences. The channel will reportedly continue online, but the end of its broadcasting is a sobering development hinting at the difficulties of finding sufficient funding for major...

      Ukraine`s net international investment position improves in 2015
      Mar30

      Ukraine`s net international investment position improves in 2015

      Ukraine`s net international investment position (NIIP), which is the nation`s stock of foreign assets minus its foreign liabilities, improved in 2015, according to the National Bank of Ukraine (NBU).The negative NIIP value shrank by 17.5%, or $11.019 billion, to $52.104 billion, the NBU reported on its website.In 2015, Ukraine`s assets expanded...

      Reuters: Russia police say blast kills officer, Islamic State claims responsibility
      Mar30

      Reuters: Russia police say blast kills officer, Islamic State claims responsibility

      One police officer was killed and two injured late on Tuesday when two vehicles were blown up by an explosive device in Russia`s Dagestan region, police said, while the Islamic State group said it was behind the attack, according to Reuters.”Two cars were blown up, the type of explosive device has not been established yet,” Fatina Ubaidatova, a...

      Cabinet returns for revision Finance Ministry`s budget resolution for 2017
      Mar30

      Cabinet returns for revision Finance Ministry`s budget resolution for 2017

      The Cabinet of Ministers has sent back for revision the draft main principles of the budget policy for 2017 earlier submitted by the Ministry of Finance of Ukraine, assuming economic growth of 3%, inflation at 8.1%, the hryvnia exchange rate at UAH 27.2 to the dollar, the budget deficit at 3%, and the national debt of $66.8 billion.The relevant...