: :inin Kyiv (EET)

Section: News & Summaries

    Reuters: Oil extends losses after report shows surprise U.S. stocks build
    Nov02

    Reuters: Oil extends losses after report shows surprise U.S. stocks build

    Crude oil prices fell for a fourth day on Wednesday, as jittery investors awaited official U.S. stockpile figures later in the day after industry data showed a surprise build in inventories, underlining a persistent global glut, according to Reuters. The American Petroleum Institute said crude stockpiles rose by 9.3 million barrels in the week to...

    Visa liberalization, Donbas conflict unrelated – Ukraine`s Foreign Ministry
    Nov02

    Visa liberalization, Donbas conflict unrelated – Ukraine`s Foreign Ministry

    Granting a visa-free regime to Ukraine and the process of peaceful settlement of Donbas conflict in the Normandy format are not interdependent, according to the Deputy Foreign Minister of Ukraine for European Integration Olena Zerkal, Ukraine Today reports. ”European Union is an institution acting in accordance with its internal regulations and...

    Lawyer tells who tipped FSB on Sushchenko
    Nov02

    Lawyer tells who tipped FSB on Sushchenko

    Mark Feygin, the Russian lawyer of a Ukrainian journalist Roman Sushchenko whom Russia accuses of ”espionage”, has said that it was a ”family friend” who had tipped the Russian Federal Security Service which led to Sushchenko`s arrest in Moscow September 30, TV Channel 5 reports. ”He [Roman Sushchenko] visited his brother in Moscow several times....

    Ukraine sets out strategy to investigate cash-rich officials
    Nov02

    Ukraine sets out strategy to investigate cash-rich officials

    Ukrainian authorities will investigate politicians and officials who declare cash assets of more than $100,000 and will impose prison sentences of up to 15 years on any found guilty of wrongdoing, General Prosecutor Yuriy Lutsenko said on Tuesday, according to Reuters. His announcement came after Ukraine completed a landmark anti-corruption...

    Russia prepares for deep budget cuts that may even hit defence
    Nov02

    Russia prepares for deep budget cuts that may even hit defence

    Russia is preparing to slash government spending across the board over the next three years as it struggles to bring down a budget deficit swollen by lower oil prices and recession, according to The Financial Times. Deep cuts are looming for health, education and even defense — which is slated for a swingeing 27% reduction in expenditure next...

    Major bank fraud scheme participant arrested in Kyiv
    Nov02

    Major bank fraud scheme participant arrested in Kyiv

    Kyiv law enforcers have detained a head of one of the departments of Standard Bank, complicit in an illegal withdrawal of UAH 900 million from depositors` accounts, according to the press service of the SBU Security Service of Ukraine. ”The SBU along with the fiscal service revealed that the official in 2013-2015 withdrew more than UAH 900...

    Ukrainians shocked as politicians declare vast wealth
    Nov02

    Ukrainians shocked as politicians declare vast wealth

    An anti-corruption reform requiring senior Ukrainian officials to declare their wealth online has exposed a vast difference between the fortunes of politicians and those they represent, according to Reuters. Some declared millions of dollars in cash. Others said they owned fleets of luxury cars, expensive Swiss watches, diamond jewelry and large...

    EU Delegation gives feedback on first e-declaration stage in Ukraine
    Nov01

    EU Delegation gives feedback on first e-declaration stage in Ukraine

    The Delegation of the European Union to Ukraine says that the completion of the first round of electronic asset declarations marks an important milestone in Ukraine`s anti-corruption reforms. ”The completion of the first round of electronic asset declarations, whereby we have seen a very high level of turn-out among declarants, marks an important...

    Russia outlaws Ukrainian salt
    Nov01

    Russia outlaws Ukrainian salt

    The Russian government has banned imports of Ukrainian salt to its territory, according to Ukraine Today. The same goes for the salt produced in the United States, European Union, Canada, Australia, Norway, Albania, Montenegro, Iceland and Liechtenstein, Ukraine Today reports. Before Russia had started its crackdown on western food products,...

    Traffic controller not asked to threaten Belavia plane with interception – Security Service of Ukraine
    Nov01

    Traffic controller not asked to threaten Belavia plane with interception – Security Service of Ukraine

    The SBU Security Service of Ukraine claims that the Ukrainian air traffic controllers were told to U-turn a Belarussian Belavia passenger plane, but no instructions to threaten the pilots with scrambling jet fighters in case of disobedience were given. ”We once again emphasize that we did not give any instructions regarding the scrambling of the...

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