: :inin Kyiv (EET)

Section: News & Summaries

    Reuters: Oil prices fall as strong dollar wipes out OPEC cut optimism
    Nov18

    Reuters: Oil prices fall as strong dollar wipes out OPEC cut optimism

    Oil prices fell in early trading on Friday as the strengthening U.S. dollar snuffed out rekindled hopes that OPEC might agree production cuts, according to Reuters. International Brent crude oil futures LCOc1 were trading down 13 cents at $46.36 per barrel at 0445 GMT, from their last close, Reuters reported. U.S. West Texas Intermediate (WTI)...

    Obama, Merkel discuss maintaining Russia sanctions until full implementation of Minsk
    Nov18

    Obama, Merkel discuss maintaining Russia sanctions until full implementation of Minsk

    U.S. President Barack Obama and German Chancellor Angela Merkel discussed the issue of maintaining economic sanctions against the Russian Federation until Moscow fully implements the Minsk agreements, Mr Obama said during the two leaders` joint press conference in Berlin Thursday. ”Of course, we discussed our commitment to meet our shared...

    U.S. Intelligence chief James Clapper to resign – WSJ
    Nov18

    U.S. Intelligence chief James Clapper to resign – WSJ

    ”I submitted my letter of resignation last night, which felt pretty good,” Mr. Clapper told lawmakers during a House Intelligence Committee hearing, WSJ reports. ”I have 64 days left…” Spokesman Richard Kolko said that Mr. Clapper ”signed the letter like everybody else, as is tradition” and that there was nothing unusual about it. As...

    Obama hopes Trump to be able to ”stand up” to Russia
    Nov18

    Obama hopes Trump to be able to ”stand up” to Russia

    U.S. President Barack Obama believes that the president-elect, Donald Trump, whose inauguration is scheduled for January 20, 2017, will protect the values of democracy and international norms, and stand up to Russia if necessary, according to his speech during a joint press conference with German Chancellor Angela Merkel in Berlin Thursday. ”My...

    Economy Ministry: Ukraine`s shadow economy down to 38% of GDP
    Nov18

    Economy Ministry: Ukraine`s shadow economy down to 38% of GDP

    The level of the shadow economy in Ukraine in the first half of this year fell from 41% recorded in the first quarter to 38%, according to the Ministry of Economic Development and Trade of Ukraine. Deshadowing was made possible due to the strengthening of macroeconomic stability, improvement of the business environment through deregulation, and...

    OSCE SMM: Number of Donbas truce violations 150% up last week
    Nov18

    OSCE SMM: Number of Donbas truce violations 150% up last week

    Principal Deputy Chief Monitor of the OSCE Special Monitoring Mission (SMM) to Ukraine Alexander Hug reports that the OSCE has recorded a sharp increase in the number of ceasefire violations in the Anti-Terrorist Operation zone in Donbas last week. ”No. of ceasefire violations recorded by OSCE SMM monitors last week [was] up by approx 150%...

    EU Permanent Representatives Committee paves way for Ukraine visa liberalization
    Nov18

    EU Permanent Representatives Committee paves way for Ukraine visa liberalization

    On November 17, the Permanent Representatives Committee (COREPER) agreed, on behalf of the Council, a negotiating position on visa liberalization for Ukraine, according to Peter Javorcik, Permanent Representative of Slovakia to the EU and COREPER President, an UNIAN correspondent in Brussels reports. COREPER confirmed the [European] Commission...

    EU regrets Russia`s decision on ICC
    Nov18

    EU regrets Russia`s decision on ICC

    The European Union regrets Russia`s decision to withdraw from the Rome Statute establishing the International Criminal Court (ICC). ”We regret the Russian Federation`s decision to withdraw its signature and not to become a party to the Rome Statute establishing the International Criminal Court (ICC), according to the order signed yesterday...

    Ukraine`s Parliament toughens lending rules
    Nov18

    Ukraine`s Parliament toughens lending rules

    The Verkhovna Rada, Ukraine`s parliament on Tuesday, November 15, passed a bill that will introduce mandatory examination of a borrower`s creditworthiness by a lender along with notification of the borrower of an effective interest rate and a change in debt seniority in case of a delayed debt repayment. Bill No. 2455 on consumer lending passed...

    Obama`s sound advice for the European Union
    Nov17

    Obama`s sound advice for the European Union

    Visiting Europe this week, President Barack Obama urged leaders of the European Union to be more forgiving of Greece and its debts. No doubt reflecting on events back home, he said that economic stress and suspicion of unresponsive institutions were empowering populism. Addressing those worries needed to be a high priority, and supporting...

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