Section: News & Summaries

      Crude oil rises after report shows drop in stockpiles
      Feb23

      Crude oil rises after report shows drop in stockpiles

      Oil futures climbed nearly 1 percent on Thursday after data showed a surprise decline in U.S. crude stocks as imports fell, supporting the view that a global glut is ending, according to Reuters. The U.S. West Texas Intermediate crude April contract CLc1 had risen 50 cents, or 0.9 percent, to $54.09 a barrel by 0229 GMT, Reuters reported. Brent...

      Russia resorts to political pressure, blackmail, military provocations – Ukraine`s Envoy to UN
      Feb23

      Russia resorts to political pressure, blackmail, military provocations – Ukraine`s Envoy to UN

      Russia`s ongoing aggression against Ukraine and its severe consequences remain among the top threats to the European security, Ukraine`s Permanent Representative to the United Nations Volodymyr Yelchenko said, addressing the UN Security Council meeting in New York on Austria`s OSCE chairmanship February 22. ”Instead of full and good-faith...

      Russian troops attacked Ukrainian positions in all sectors of Donbas in the past 24 hours
      Feb22

      Russian troops attacked Ukrainian positions in all sectors of Donbas in the past 24 hours

      Russian troops shelled at Ukrainian territories in Donbas 59 times massively using heavy weapons during the last day, one Ukrainian serviceman was wounded in action near the Donetsk airport, according to the press service of the Anti-Terrorist Operation (ATO) Headquarters. View map in full size In the Donetsk sector Russian troops used 120mm and...

      Cabinet provides almost UAH 10 bln to PrivatBank in recapitalization effort
      Feb22

      Cabinet provides almost UAH 10 bln to PrivatBank in recapitalization effort

      The Cabinet of Ministers of Ukraine decided to continue recapitalization of the nationalized PrivatBank with an additional UAH 9.8 billion influx in the framework of the decision on the capital increase by UAH 116.8 billion, adopted in December 2106, which has not been implemented in full, as reported on the government website, citing Decree No....

      Ukraine`s trade with EU boosted by 1st full year of Association deal – EU Delegation to Ukraine
      Feb22

      Ukraine`s trade with EU boosted by 1st full year of Association deal – EU Delegation to Ukraine

      One year after the entry into force of the EU-Ukraine Association Agreement (1st January 2016), the trade statistics released by the Ukrainian State Statistics Service report an increase in exports to the EU in 2016 compared to 2015. While this increase is still modest (+3,7%), it demonstrates that the Agreement, and more particularly the...

      Russian support for separatists sparked off hostilities in Donbas – French FM
      Feb22

      Russian support for separatists sparked off hostilities in Donbas – French FM

      Russia is talking on behalf of the separatists, thus confirming it is involved in the Donbas conflict, French Foreign Minister Jean-Marc Ayrault has told TV5 Monde. Asked whether Russia acknowledges a behind-the-scenes intervention in Ukraine or denies it, Ayrault said that Moscow ”can`t be in denial because they`re around the table to implement...

      U.S. ”nuclear sniffer” plane to check whether Russia tested nukes in Arctic
      Feb22

      U.S. ”nuclear sniffer” plane to check whether Russia tested nukes in Arctic

      A U.S. Air Force plane, WC-135 Constant Phoenix, used to detect nuclear explosions was deployed in Britain as early as last week amid concerns over a spike in the levels of radioactivity found in Europe, the Daily Mail reports. News of the deployment comes amid claims Russia may be testing nuclear weapons, either to the east or in the arctic,...

      Russian, Ukrainian tensions evident at UN after Vitaly Churkin`s death – CNN
      Feb22

      Russian, Ukrainian tensions evident at UN after Vitaly Churkin`s death – CNN

      The UN Security Council paid public tribute to late Russian Ambassador Vitaly Churkin on Tuesday – but tensions simmered behind the scenes, as Ukraine blocked a more formal statement of condolences, according to CNN. The 15-nation Security Council stood for a minute of silence in honor of the popular and combative Russian diplomat, who died...

      Ukraine`s State Treasury reveals over 12,000 cases of budget violation in 2016
      Feb22

      Ukraine`s State Treasury reveals over 12,000 cases of budget violation in 2016

      The State Treasury Service of Ukraine in 2016 revealed over 12,000 cases involving UAH 5.1 billion in transactions when budget legislation was violated by managers and recipients of state and local budget funds, according to the service`s materials shared with UNIAN news agency. This was 37.8% up from transactions in 2015, which were estimated at...

      More tests needed on Russian UN ambassador`s cause of death
      Feb22

      More tests needed on Russian UN ambassador`s cause of death

      Medical examiners who performed an autopsy on Russia`s ambassador to the United Nations said Tuesday that more tests are needed to determine how and why he fell ill in his office and later died, according to The Associated Press (AP). Vitaly Churkin, who died Monday at a hospital at age 64, had been Russia`s envoy at the U.N. since 2006. He was...