Section: News & Summaries

      OPEC agrees modest oil output curbs in first deal since 2008
      Sep29

      OPEC agrees modest oil output curbs in first deal since 2008

      OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group`s leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices, according to Reuters. ”OPEC made an exceptional decision today … After two and a half years, OPEC reached consensus to manage the market,”...

      Kremlin`s Peskov on MH17 investigation `contradictions` – BBC
      Sep29

      Kremlin`s Peskov on MH17 investigation `contradictions` – BBC

      There are still lots of unclear things and lots of contradictions about the downing of flight MH17, Kremlin spokesman Dmitry Peskov has told BBC`s HARDtalk. Asked whether he accepted the findings from the investigation, Mr Peskov said ”there was nothing to accept or deny,” as he understood these were preliminary findings, BBC reports. ”We know...

      Ukrainian pilots performed astonishing sharp turns in Malta
      Sep29

      Ukrainian pilots performed astonishing sharp turns in Malta

      Ukraine`s two Su-27 fighter planes and a transport aircraft IL-76 participated in the Malta International Air Show for the first time ever. And the Ukrainian pilots managed to impress the European audience. They showcased breath-taking stunts in the sky, most of which others could not repeat, according to Ukraine Today. Oleksandr Oksanchenko was...

      New ceasefire efforts in Donbas fail: OSCE reports surge in explosions
      Sep29

      New ceasefire efforts in Donbas fail: OSCE reports surge in explosions

      The OSCE Special Monitoring Mission (SMM) to Ukraine has reported a surge in explosions in Donetsk region alone to 187 on September 27 from 24 blasts on September 26. ”The SMM recorded more ceasefire violations in Donetsk region, including 187 explosions compared with the previous reporting period (24 explosions). Most of the ceasefire violations...

      Ukraine`s economy ministry projects 1.2% industrial growth by year`s end
      Sep29

      Ukraine`s economy ministry projects 1.2% industrial growth by year`s end

      The Ukrainian Ministry for Economic Development and Trade forecasts a 1.2% increase in industrial production by the end of the current year. ”By the end of 2016, industrial production is expected to grow by 1.2%, according to the Economic Development Ministry`s estimates,” the ministry said in an analytical material posted on its website. The...

      Poroshenko wants use of UN Security Council leverage to punish guilty of MH17
      Sep28

      Poroshenko wants use of UN Security Council leverage to punish guilty of MH17

      Ukrainian President Petro Poroshenko suggests creating a mechanism under the UN Security Council to punish those guilty of the downing of flight MH17 in Donbas on July 17, 2014. ”To my mind, the most efficient way would be to create a mechanism under the aegis of the UN Security Council to bring the perpetrators to justice,” the president said at...

      Putin’s Balkan Insecurities
      Sep28

      Putin’s Balkan Insecurities

      Two and a half years after the Russian invasion of Ukraine, too many public figures in the United States and Europe still seem unable to decipher Russia’s motives. Russian Foreign Minister Sergei Lavrov recently told a Bosnian newspaper that NATO’s readiness to extend membership to Montenegro and welcome Bosnia and Macedonia was not...

      Ukraine gets U.S. diplomatic note on $1 bln loan guarantees – Poroshenko
      Sep28

      Ukraine gets U.S. diplomatic note on $1 bln loan guarantees – Poroshenko

      Ukraine has received from the U.S. State Department a diplomatic note on loan guarantees worth $1 billion, Ukrainian President Petro Poroshenko wrote on Facebook. ”Ukraine has received from the U.S. State Department a diplomatic note regarding the loan guarantees worth $1 billion,” the Ukrainian president wrote. According to a copy of the...

      Ex-chief of Kyiv traffic police detained at Moscow airport
      Sep28

      Ex-chief of Kyiv traffic police detained at Moscow airport

      The Communications Department of the Ministry of Internal Affairs of Ukraine has confirmed to UNIAN the detention in Moscow of the former head of the Ukrainian capital`s Traffic Police Mykola Makarenko. ”We have a confirmation from Moscow. [He was] detained at Domodedovo airport back on September 21. We have sent the papers for his arrest, but...

      Marchuk on Minsk accords: better to have imperfect agreement than nothing
      Sep28

      Marchuk on Minsk accords: better to have imperfect agreement than nothing

      Ukrainian envoy to the Trilateral Contact Group`s security subgroup Yevhen Marchuk has said that to understand the process and the essence of the Minsk talks, everyone needs to say goodbye to the illusory world. ”Even when there is no final decision yet about the end of war in Donbas and the withdrawal of Russian troops, all steps, and agreements...