Section: Main news

      China returns seized underwater U.S. drone
      Dec20

      China returns seized underwater U.S. drone

      A U.S. underwater drone seized by the Chinese navy in the contentious South China Sea has now been returned, according to BBC News. China seized the vehicle in international waters, in one of the most serious confrontations between the powers in decades, BBC News reports. The U.S. said it would continue to ”fly, sail, and operate in the South...

      Russian gas monopoly Gazprom may lose its biggest asset in Turkey
      Dec20

      Russian gas monopoly Gazprom may lose its biggest asset in Turkey

      Russian gas monopoly Gazprom may lose its biggest asset in Turkey, according to the Russian media outlet Kommersant, citing sources familiar with the situation. Shares of Russian company and Gazprombank in Akfel Holding, the largest private importer of Russian gas to Turkey, were de facto nationalized on suspicion of having links with the...

      National Bank of Ukraine grants PrivatBank UAH 15 bln of refinancing
      Dec20

      National Bank of Ukraine grants PrivatBank UAH 15 bln of refinancing

      The National Bank of Ukraine (NBU) on December 19 provided the nationalized PrivatBank with a refinancing loan of UAH 15 billion, the press service of the regulator reported. ”In order to support liquidity, ensure uninterrupted customer service, operation of branches and ATMs, and timely payment, the National Bank of Ukraine has provided...

      Ukraine`s Antonov aircraft manufacturer presents new An-132
      Dec20

      Ukraine`s Antonov aircraft manufacturer presents new An-132

      Ukraine`s state-owned enterprise Antonov, the only Ukrainian designer and manufacturer of cargo and passenger planes, on December 20 presented the first prototype of a new An-132 transport aircraft Ukraine`s top officials — President Petro Poroshenko and Secretary of the National Security and Defense Council Oleksandr Turchynov — have...

      Assassin of Russian ambassador screamed: ”We die in Aleppo, you die here!”
      Dec20

      Assassin of Russian ambassador screamed: ”We die in Aleppo, you die here!”

      A gunman is confirmed to be an off-duty Turkish police officer, according to The Daily Mail. Ambassador Andrei Karlov, 62, was shot several times from behind by a gunman shouting: ”Allahu Akbar (God is Great). We die in Aleppo, you die here!” He also screamed: ”Only death will take me out of here,” The Daily Mail reported. The shooter, who was...

      Finance Ministry of Ukraine to issue bonds worth UAH 117 bln for PrivatBank recapitalization
      Dec20

      Finance Ministry of Ukraine to issue bonds worth UAH 117 bln for PrivatBank recapitalization

      The Cabinet of Ministers of Ukraine has instructed the Ministry of Finance to issue 15-year government domestic bonds worth UAH 116.8 billion at 10.5% per annum to pay for shares of the Ukraine`s largest bank, PrivatBank, nationalized by the government decision of December 18. Government Decree No.961 says: ”The Ministry of Finance shall provide...

      Obama said to use 1953 law to block drilling in Arctic, Atlantic – Bloomberg
      Dec20

      Obama said to use 1953 law to block drilling in Arctic, Atlantic – Bloomberg

      U.S. President Barack Obama is preparing to block the sale of new offshore drilling rights in much of the U.S. Arctic and parts of the Atlantic, a move that could indefinitely restrict oil production there, according to two people familiar with the decision, Bloomberg reported. Obama will invoke a provision in a 1953 law that gives him wide...

      IMF chief Christine Lagarde keeps her job, escapes penalty after negligence conviction in France
      Dec20

      IMF chief Christine Lagarde keeps her job, escapes penalty after negligence conviction in France

      International Monetary Fund chief Christine Lagarde escaped punishment and kept her job on Monday despite a conviction on negligence charges over a state payout made while she served as France`s finance minister in 2008, according to Reuters. The executive board representing the IMF`s 189 member countries reaffirmed its full confidence in...

      PrivatBank freezes funds in corporate accounts as of December 19 in ”temporary measure”
      Dec20

      PrivatBank freezes funds in corporate accounts as of December 19 in ”temporary measure”

      PJSC PrivatBank has frozen funds in corporate accounts as of December 19, according to a message posted on ”Privat24 for business” website. The report says that debit transactions from the accounts and cards are allowed within the amount exceeding the balance on these accounts as of the morning of December 19, 2016, and all the credit limits in...

      Serbia to purchase Russian fighter jets amid Montenegro intention to join NATO
      Dec20

      Serbia to purchase Russian fighter jets amid Montenegro intention to join NATO

      Serbia said Monday that it will purchase Russian combat jets in a move likely to add to tensions in the Balkans amid Moscow`s apparent efforts to prevent the volatile European region from joining Western institutions, according to ABCNews. Serbian Prime Minister Aleksandar Vucic said he will travel to Moscow later this week to sign a deal that...