Section: News & Summaries

      Five companies seek illegal amber mining permits
      Sep08

      Five companies seek illegal amber mining permits

      Five companies, which possess integral property complexes for amber mining and processing, have attempted to illegally obtain special amber extraction permits, the press service of the State Service of Geology and Mineral Resources of Ukraine (Derzhgeonadra) reported. ”Five companies (Georeserching, Rivnerudoprom, Amberg Mining Company, Zirka...

      Farmers say Ukraine not yet ready to open land market
      Sep08

      Farmers say Ukraine not yet ready to open land market

      The introduction of an agricultural land market in Ukraine, against the backdrop of the economic crisis and without ensuring proper tools to protect land fertility, will turn Ukraine into a mere raw material supplier country, Chairman of the Agrarian Party of Ukraine Vitaliy Skotsyk said. He was commenting on the Ukrainian president`s initiative...

      Turkey, U.S. ready to invade IS capital
      Sep08

      Turkey, U.S. ready to invade IS capital

      Turkey`s President Recep Tayyip Erdogan has suggested he and the U.S. are ready to drive so-called Islamic State (IS) from its Syrian stronghold of Raqqa, according to the BBC. Mr. Erdogan said U.S. President Barack Obama floated the idea of joint action against the militants when they met at the G20 summit in China, the BBC wrote. He said Turkey...

      Oil extends gains after data shows huge stock draw – Reuters
      Sep08

      Oil extends gains after data shows huge stock draw – Reuters

      Oil prices extended gains by more than 1.5% on Thursday after industry data showed what might be the largest weekly drawdown in crude stocks in over three decades, Reuters reported. U.S. crude stocks surprisingly plunged by 12.1 million barrels last week, data from the American Petroleum Institute showed after market settlement on Wednesday,...

      Russian fighter plane SU-27 flew 3m from plane over Black Sea – US Pentagon
      Sep08

      Russian fighter plane SU-27 flew 3m from plane over Black Sea – US Pentagon

      The Pentagon says a Russian fighter plane flew within about 10ft (3m) of one of its reconnaissance aircraft operating over the Black Sea, according to the BBC. U.S. officials described the intercept by the SU-27 jet on Wednesday as ”dangerous and unprofessional”, the BBC reported. Russia`s defense ministry said the U.S. plane had been approaching...

      UAH official exchange rate is 26.72 to dollar – NBU
      Sep08

      UAH official exchange rate is 26.72 to dollar – NBU

      The National Bank of Ukraine on Wednesday evening strengthened the official hryvnia exchange rate by 12 kopiykas, bringing the national currency to UAH 26.72 to the dollar. The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for September 8: $100 costs UAH 2,672.4306 (on September 7, it was...

      MFA Ukraine: Russia`s Caucasus 2016 drills constitute increasing military threat
      Sep08

      MFA Ukraine: Russia`s Caucasus 2016 drills constitute increasing military threat

      Ukraine is deeply concerned with the military exercises ”Caucasus 2016” which are being held in the occupied territories and near the border of Ukraine, the Ministry of Foreign Affairs of Ukraine said in its comment Wednesday. ”The massive build-up of the Russian joint military force grouping in the occupied territories and on the border of...

      Trump says Putin better leader than Obama – Reuters
      Sep08

      Trump says Putin better leader than Obama – Reuters

      Donald Trump declared on Wednesday that Russia`s Vladimir Putin had been a better leader than U.S. President Barack Obama, as the Republican presidential nominee used a televised forum to argue he was best equipped to reassert America`s global leadership, according to Reuters. ”I think under the leadership of Barack Obama and Hillary Clinton the...

      Scandal around anti-graft MP Leshchenko: Media reports about his property
      Sep08

      Scandal around anti-graft MP Leshchenko: Media reports about his property

      Member of Parliament from the Petro Poroshenko Bloc Serhiy Leshchenko, who earlier worked as an investigative journalist for the Ukrayinska Pravda online portal and is known for his anti-corruption campaigns, has found himself in the center of a real-estate-related scandal after it was revealed that he bought a flat worth some UAH 7.5 million in...

      Assessing the G20: Great Impetus Amid Frictions
      Sep08

      Assessing the G20: Great Impetus Amid Frictions

      Given rising economic, social, political, environmental, and security risks around the world, this week was a tough time to hold a consensus-oriented global summit of major powers. Did the G20 Hangzhou summit manage to break new ground and significantly advance global governance? The Chinese presidency of the G20 deployed unprecedented resources...