Section: News & Summaries

      PGO arrests four ex-Berkut fighters suspected of Maidan killings
      Jun24

      PGO arrests four ex-Berkut fighters suspected of Maidan killings

      Investigators of the Prosecutor General`s Office of Ukraine (PGO) have detained four Berkut [police special forces] officers of the Ukrainian Interior Ministry`s Main Department in Kharkiv region, who are suspected of crimes against Maidan Square protests, spokeswoman for Ukraine`s PGO Larysa Sarhan wrote on Facebook.According to Sarhan, the...

      World stocks tumble as Britain votes for EU exit – Reuters
      Jun24

      World stocks tumble as Britain votes for EU exit – Reuters

      Global capital markets reeled on Friday after Britain voted to leave the European Union, with $2 trillion in value wiped from equity bourses worldwide, while money poured into safe-haven gold and government bonds, Reuters reported.Sterling suffered a record plunge to a 31-year low, Reuters wrote.The blow to investor confidence and the uncertainty...

      Ukraine economy exposed to financial destabilization due to Brexit – Economy Ministry
      Jun24

      Ukraine economy exposed to financial destabilization due to Brexit – Economy Ministry

      UK exit from the European Union following the result of the EU referendum will not have a significant influence on Ukraine`s financial position but has to be taken into account when defining the national policy, also in terms of trading partners diversification, said Ukrainian Minister of Economic Development and Trade Stepan Kubiv at a briefing...

      NBU expects to raise UAH 12 bln from selling insolvent banks` assets
      Jun24

      NBU expects to raise UAH 12 bln from selling insolvent banks` assets

      The National Bank of Ukraine (NBU) plans to raise up to UAH 12 billion this year from selling assets pledged as collateral for NBU refinancing loans that have been disbursed for insolvent banks, according to NBU Governor Valeria Gontareva.This statement she made after the ceremony of signing a memorandum of cooperation between the National Bank,...

      Russia: Brexit unlikely to affect EU sanctions
      Jun24

      Russia: Brexit unlikely to affect EU sanctions

      Kremlin spokesman Dmitry Peskov said Friday that the UK vote to leave the EU is unlikely to impact Europe`s decision to prolong sanctions on Russia, an UNIAN correspondent reported.”This [sanctions] process is discussed irrespective of Britain”, Peskov told reporters.”Firstly, if this happens, a UK exit from the European Union, this process will...

      Bank of England promises GBP 250 bln to calm markets
      Jun24

      Bank of England promises GBP 250 bln to calm markets

      Bank of England (BOE) Governor Mark Carney said the BOE will make GBP 250 billion of additional funds available through its normal market operations to stability markets, as needed, The Guardian reported. Giving a statement this morning following the result of the EU referendum Carney said there will inevitably be a ”period of uncertainty and...

      Russia`s Duma adopts amended package of anti-terrorist bills
      Jun24

      Russia`s Duma adopts amended package of anti-terrorist bills

      Russia`s State Duma has adopted in the third and final reading a package of anti-terrorist draft laws submitted by Deputy Irina Yarovaya.According to the document, the minimum age threshold to be held liable for the acts of purported terrorism is brought down to 14 years, Russia`s TV Channel Dozhd reports.Thus, the responsibility for incitement...

      Ukraine reduces gas consumption by almost 10% in May
      Jun24

      Ukraine reduces gas consumption by almost 10% in May

      Ukraine has dropped consumption of natural gas in May compared to May 2015 by 9.7% – to 1,229 billion cubic meters, the State Statistics Service has reported.According to the State Statistics Service, the consumption of gas in May fell by 30% compared to April 2016.Ukraine has also reduced consumption of crude oil and gas condensate in May...

      Ukrainian pilot sentenced to 12 years for spying for Russia
      Jun24

      Ukrainian pilot sentenced to 12 years for spying for Russia

      A Ukrainian court has sentenced a local pilot to 12 years in prison. The man has been accused of spying for Russia and providing Russian military with information, classified as State secrets, according to Ukraine Today.”It is established that the Major deliberately gave full information to Russian reps on the surveillance flight, conducted by...

      UNWTO to support Ukraine`s tourism development
      Jun24

      UNWTO to support Ukraine`s tourism development

      UN World Tourist Organization will work with the Ukrainian Government to support the development of its tourism sector and the cooperation will focus on the areas of tourism statistics, communications and capacity building within the Organization for tourism officials and graduates from the country`s tourism educational institutions, the UNWTO...