Section: News & Summaries
Ukrainians spend over 50% of their income on food and utility bills
Ukrainian people spend more than half of their income on food and utility bills, with their share in population`s total expenses having grown to almost 58% in the first quarter of 2016 as compared to 52% in the previous year, the State Statistics Service reported.Food expenses accounted for 41.5% of total household expenses in Q1 2016, up from...
Now’s the Time to Block Nord Stream 2 and Step Up Ukraine’s Energy Diplomacy
Ukraine—a county that rejected aggression and militarization when it broke away from the Soviet Union—is fighting three wars today: the front in the east against an expansionist power, the battle within to defeat cronyism and corruption, and an economic war to reorient trade flows and modernize its economy. The world’s attention, as well as...
Russia forces believed to use thermite to bomb residential areas of Aleppo
Russia is breaching international conventions by dropping incendiaries similar to white phosphorus on to residential neighborhoods in the Syrian city of Aleppo in what is thought to be the prelude to a ground assault to retake the city from rebel forces, British national newspaper The Times reported. Video footage has emerged showing the glowing...
EU Renews Sanctions on Crimea but Overlooks Plight of Crimean Tatars
In April 2016, Crimea’s de facto authorities banned the Crimean Tatar Mejlis—the organ of political representation for Crimean Tatars on the peninsula—under the pretext of “extremism.” Increasingly, Crimean Tatars seem to be framed as “extremist” just for being themselves.A historically nonviolent community, Crimean Tatars were the most...
McDonald`s gets bids for China, HK stores sale in up to $3 billion deal – Reuters
McDonald`s Corp has received more than half a dozen bids for its China and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower and ChemChina, in an auction that could fetch up to $3 billion, people familiar with the matter said, according to Reuters. Buyout firms including Bain Capital, TPG Capital and Carlyle Group too are...
Economy Ministry projects 3-3.5% GDP growth for next 2 years
The Ukrainian Ministry of Economic Development and Trade forecasts that the country`s GDP will grow by 1.5% this year and 3%-3.5% in 2017 and 2018, Deputy Minister Yuliya Kovaliv told Canadian TV channel CTV News.”For this year we estimate 1.5% of GDP growth and for the next two years we are estimating 3%-3.5% of GDP growth. Our economy due to...
Ukraine Security Service expels Russian JCCC officer from Ukraine
Ukrainian Security Service (SBU) has exposed Chief of Staff of Russian representatives in the Joint Center for Control and Coordination (JCCC) Colonel Vladimir Cheban in actions imperiling national security interests and the Minsk agreements, the SBU press service reported.In particular, the Russian officer is said to have provided Deputy Chief...
No meeting planned between Poroshenko and Nuland during her visit to Kyiv
No meeting is planned between President of Ukraine Petro Poroshenko and U.S. Assistant Secretary of State Victoria Nuland, the presidential press service reported.”President Poroshenko`s schedule does not include meetings with U.S. Assistant Secretary of State Victoria Nuland,” a statement reads.As UNIAN reported earlier, Victoria Nuland arrived...
Czech tax office checking Gazprom`s subsidiary
Vemex s.r.o., a subsidiary of Russian gas monopoly Gazprom in the Czech Republic, is being checked by the tax authorities, according to Slon.ru, with reference to Hospodarske Noviny.According to the newspaper, the reason for an unscheduled tax audit was the information about the possible non-payment of VAT on gas purchase and sale...
Nuland to meet with Russian presidential aide on June 23 – media
Russian presidential aide Vladislav Surkov is due to meet with U.S. Assistant Secretary of State Victoria Nuland in Moscow on Thursday, a source in the Russian capital told Russian news agency TASS.”Russian presidential aide Vladislav Surkov will hold a meeting in Moscow on June 23 with U.S. Assistant Secretary of State Victoria Nuland,” the...