Section: News & Summaries

      No reason to act amid hryvnia weakening: Ukraine`s central bank
      Aug26

      No reason to act amid hryvnia weakening: Ukraine`s central bank

      The National Bank of Ukraine (NBU) sees no reason to intervene in the forex market amid the ongoing weakening of the hryvnia as it deems the forex fluctuations as acceptable and plans no measures to prop up the hryvnia. ”Fluctuations take place if demand is high. We will not influence the forex rate today, but we`re monitoring it from the...

      Antonov launches batch production of An-178 aircraft
      Aug26

      Antonov launches batch production of An-178 aircraft

      State-run enterprise Antonov has launched large-scale deployment of the batch production facilities of the An-178 transport aircraft, which is now undergoing certification tests. The An-178 has already performed over 100 flights with an overall duration of 160 hours, Antonov`s press service reported. View infographics in full size Currently, the...

      Oschadbank sues Russia for $1 bln for loss of Crimea assets
      Aug26

      Oschadbank sues Russia for $1 bln for loss of Crimea assets

      Ukraine`s state-run Oschadbank (Savings Bank) on August 26 filed a claim against Russia for the recovery of over US$1 billion due to losses incurred following the illegal occupation and de-facto annexation of the Autonomous Republic of Crimea, enclosing the entire evidence base. The sum of the claim incorporates the cost of the lost business,...

      How One University Defied Putin and His Armed Mob
      Aug26

      How One University Defied Putin and His Armed Mob

      On July 7, 2014, Russian-backed separatists entered Donetsk and occupied four dormitories at Donetsk National University; armed gunmen expelled students from their rooms in the middle of the night. Nine days later, the separatists seized the entire university. During that summer, separatists stole at least seventeen university vehicles and...

      Zaporizhia authorities ban pro-Russian performers
      Aug26

      Zaporizhia authorities ban pro-Russian performers

      Members of the Zaporizhia city council have barred performers who publicly support Russian aggression against Ukraine and the occupation of Crimea from participating in any public events in the city. The motion, which was initiated by Donbas war veteran and council member from the UKROP party`s faction Oleh Kolomoyets, was backed by 43 out of 64...

      Steinmeier calls for new arms deal with Russia to avoid accidental war
      Aug26

      Steinmeier calls for new arms deal with Russia to avoid accidental war

      Germany`s foreign minister is calling for a new arms control deal with Moscow as intensified military exercises by Russia and NATO have raised concerns that a war could inadvertently be triggered, according to Radio Liberty. In an opinion piece in the Frankfurter Allgemeine Zeitung newspaper on August 26, Frank-Walter Steinmeier said that while...

      HRW calls on Russia to immediately free Crimean activist Umerov
      Aug26

      HRW calls on Russia to immediately free Crimean activist Umerov

      Human Rights Watch has called on the Russian authorities to immediately release Crimean activist, deputy chairman of the Mejlis of the Crimean Tatar people Ilmi Umerov, who is being held in a psychiatric hospital, according to Radio Free Europe / Radio Liberty (RFE/RL) ”Umerov`s forced confinement in a psychiatric institution is a flagrant...

      Russia increases quantity of heavy weapons in occupied part of Donbas in last two years
      Aug26

      Russia increases quantity of heavy weapons in occupied part of Donbas in last two years

      Most of the heavy weapons used by the thousands of Russian-backed militants are concentrated in the occupied part of Donbas, the quantity of which has increased several times compared with 2014, the office of Deputy Prime Minister for European and Euro-Atlantic Integration wrote on its social network page. In particular, the number of tanks from...

      EU visa-free travel may not be free, with $14 fee: Media
      Aug26

      EU visa-free travel may not be free, with $14 fee: Media

      The European Commission is preparing a proposal inspired by France and Germany to introduce a ”European Electronic System for Travel Authorization (ESTA),” modelled on a U.S. scheme requiring international travelers who do not need a visa to apply online and pay a $14 fee before entering the territory, according to EurActiv.com. Paris and Berlin...

      Ukraine`s trade ministry won`t interact with Russian envoy except on lifting restrictions
      Aug26

      Ukraine`s trade ministry won`t interact with Russian envoy except on lifting restrictions

      Ukrainian Deputy Minister for Economic Development and Trade and Ukraine`s Trade Envoy Nataliya Mykolska has said her ministry has not had any contact with Dmitry Livanov, newly appointed trade representative of Russia in Ukraine, yet, but if it happens, the focus will be on lifting Russian trade restrictions and sanctions against Ukraine. ”We...