Section: News & Summaries

      Firtash released on EUR 125 mln bail on Friday
      Feb24

      Firtash released on EUR 125 mln bail on Friday

      A Vienna-based court has released Ukrainian oligarch Dmytro Firtash on EUR 125 million bail, according to the Ukrainian online newspaper Ukrayinska Pravda, citing its own source close to the businessman`s defense. Firtash was detained on February 23 at the request of the U.S. authorities that demand his extradition, Ukrayinska Pravda wrote. Both...

      Austria calls to “rethink” the sanctions imposed on Russia
      Feb24

      Austria calls to “rethink” the sanctions imposed on Russia

      Austrian Chancellor Christian Kern called for a rethink on sanctions imposed on Russia, saying that the regime of penalties over Kremlin-backed incursions in Ukraine has failed to yield enough progress, according to Bloomberg. Speaking in an interview in Vienna on Thursday, Kern said that the European Union may need to consider new ways to put...

      How Europe can defend itself – Bloomberg
      Feb24

      How Europe can defend itself – Bloomberg

      Say this for Donald Trump: He is forcing Europeans to think more seriously about how to protect and defend their continent, Bloomberg reported. The U.S. president`s disparagement of NATO goes too far, and his focus on getting Europeans to spend more on defense is misplaced. That said, European nations have for too long treated their defense...

      Trump outraged by Russian deployment of cruise missiles, vows to raise issue with Putin
      Feb24

      Trump outraged by Russian deployment of cruise missiles, vows to raise issue with Putin

      U.S. President Donald Trump complained that the Russian deployment of a ground-based cruise missile is in violation of a 1987 treaty that bans land-based American and Russian intermediate-range missiles, according to Reuters. ”To me it`s a big deal,” said Trump, who has held out the possibility of warmer U.S. relations with Russia, as reported by...

      Ukrainian barley exports up from last season
      Feb24

      Ukrainian barley exports up from last season

      Ukraine kept exporting barley at a rapid pace in January 2017, as some 161,600 tonnes of barley was shipped abroad that month, or 7.4 times more than exported from Ukraine in January 2016, reports UkrAgroConsult. In total, the country supplied 4.469 million tonnes of barley to foreign markets in the first seven months of the current season, or...

      FBI refused White House request to knock down recent Trump-Russia stories
      Feb24

      FBI refused White House request to knock down recent Trump-Russia stories

      The FBI rejected a recent White House request to publicly knock down media reports about communications between Donald Trump`s associates and Russians known to U.S. intelligence during the 2016 presidential campaign, multiple U.S. officials briefed on the matter tell CNN. But a White House official said late Thursday that the request was only...

      Ukrainian-held Avdiyivka without water as filtration station hit by shell
      Feb24

      Ukrainian-held Avdiyivka without water as filtration station hit by shell

      Deputy Prime Minister Hennadiy Zubko says the water supply in the Ukrainian-controlled town of Avdiyivka has been disrupted after the Russian occupation forces have once again shelled a local filtration station. ”A direct hit of a shell on the filtration station. Work has been halted. People are hiding in a bomb shelter. The town has once again...

      Almost half of Ukrainians willing to participate in mass protests – poll
      Feb24

      Almost half of Ukrainians willing to participate in mass protests – poll

      45.6% of respondents said they were not willing to participate in any kind of mass protests, 5.9% failed to provide a definite answer, while 48,5% said they were ready to take part in certain rallies. Among those willing to rally, the largest number of respondents said that they are willing to support election campaigns (35.4%), collect...

      Ukrainian Parliament intends to simplify procedure of banks` restructuring, capitalization
      Feb24

      Ukrainian Parliament intends to simplify procedure of banks` restructuring, capitalization

      The Verkhovna Rada of Ukraine February 23 adopted in first reading bill No.6010 on simplification of procedures for the banks` capitalization and restructuring, according to an UNIAN news agency news agency correspondent. While presenting the draft law, Head of the Parliamentary committee on finance and banking policy Serhiy Rybalka noted that...

      Traders drain pricey U.S. oil storage as OPEC deal bites
      Feb24

      Traders drain pricey U.S. oil storage as OPEC deal bites

      Traders are turning the spigots to drain the priciest storage tanks holding U.S. crude stockpiles as strengthening markets make it unprofitable to store for future sale and cuts in global production open export opportunities, according to Reuters. That could signal the beginning of the end for a two-year trade play that came about during an...