Section: News & Summaries

      Oil prices rise on report of U.S. crude stock draw – Reuters
      Oct05

      Oil prices rise on report of U.S. crude stock draw – Reuters

      Oil prices rose in early trading on Wednesday after a report that U.S. fuel inventories may have fallen for a fifth straight week, but contracts remained near the $50 marker where many traders currently see fair value for crude, according to Reuters. U.S. West Texas Intermediate (WTI) crude futures were trading at $49.22 per barrel at 06:49 GMT,...

      Pentagon questions purpose of Russia`s S-300 air defense system in Syria
      Oct05

      Pentagon questions purpose of Russia`s S-300 air defense system in Syria

      Pentagon press secretary Peter Cook has said that the Pentagon does not know how Russia is going to use its S-300 anti-aircraft missile system in Syria, according to The Washington Post. ”I would question just what the purpose of the system is,” Cook said, The Washington Post reported. He noted that Russia`s declared goal in Syria is to fight...

      Eurovision 2017: Kyiv decides on main venues
      Oct05

      Eurovision 2017: Kyiv decides on main venues

      The Organizing Committee of Eurovision-2017 has determined five main locations to be used during the song contest in the Ukrainian capital Kyiv. ”At the meeting, we decided on five main locations : two of them – at the International Exhibition Center (the main arena and the press center), EuroClub will be located at Parkoviy Business Center,...

      Ukrainian rebel leaders divided by bitter purge – The Washington Post
      Oct05

      Ukrainian rebel leaders divided by bitter purge – The Washington Post

      After Russian-backed rebels proclaimed the creation of the Luhansk People`s Republic in 2014, a paratrooper-turned-entrepreneur was swept to power as the prime minister of the breakaway state in eastern Ukraine, according to The Washington Post. Gennady Tsypkalov, with a background in the oil pipeline industry and rumored links to organized...

      Yanukovych acted in Russia`s interests as Ukraine president – Prosecutor General`s Office of Ukraine
      Oct05

      Yanukovych acted in Russia`s interests as Ukraine president – Prosecutor General`s Office of Ukraine

      The activities of Viktor Yanukovych as a Ukrainian president were aimed to satisfy the interests of the Russian Federation on matters relating to national security, according to the Prosecutor General`s Office of Ukraine. ”The activities of Viktor Yanukovych at the post of the president of Ukraine were aimed to satisfy the interests of the...

      Maidan killings probe: More Berkut police troops detained as new evidence unearthed
      Oct04

      Maidan killings probe: More Berkut police troops detained as new evidence unearthed

      The law enforcers detained part of the former troops of the Berkut police special forces after the exposing testimony of one of their ex-colleagues, who is already a suspect in the case, according to Oleksandr Kovalchuk of the Prosecutor General`s Office of Ukraine, 112 Ukraine TV channel reports. Commenting on the fact that one of the former...

      Ukrainian Government asks Parliament to increase defense spending, raise wages for civil servants in 2016
      Oct04

      Ukrainian Government asks Parliament to increase defense spending, raise wages for civil servants in 2016

      The Ukrainian Government proposed to increase financing of expenditure, including on defense, by UAH 7.1 billion. The Cabinet of Ministers proposed the Verkhovna Rada to amend the State Budget for 2016 and to allocate additional funds, including for the defense and security sectors, totaling UAH 7.1 billion, according to bill No.5217 that the...

      Russia begins evacuation of 40 mln people in huge drill
      Oct04

      Russia begins evacuation of 40 mln people in huge drill

      Russian President Vladimir Putin has sparked fears of World War Three after ordering the evacuation of 40 million Russians today, according to The Express. The huge four-day ”civil defense” drill has set alarm bells ringing in Washington and London, with tensions already high over disagreements in Syria, The Express reports. Following a breakdown...

      Ukraine`s international reserves increase to $15.5 bln in September
      Oct04

      Ukraine`s international reserves increase to $15.5 bln in September

      The foreign exchange reserves of Ukraine to date have grown to $15.5 billion, which is 9.9%, or 1.4 billion, more than at the beginning of September, according to the National Bank of Ukraine. The increase in reserves in September was due to the receipt of the third tranche of the International Monetary Fund amounting to $1 billion as well as the...

      Arrested Ukrainian journalist in Russia allowed lawyer visit
      Oct04

      Arrested Ukrainian journalist in Russia allowed lawyer visit

      Mark Feygin, the defense lawyer for the Ukrainian journalist of Ukrinform, Roman Sushchenko, has told UNIAN he obtained permission to visit his client in a Moscow-based pre-trial detention center. ”I got a permission, now I am entering the Lefortovo pre-trial detention center right now to see Roman,” said Feygin. As UNIAN reported earlier, the...