Section: Main news

      Europe’s Short Memory and Ukraine’s Long Crisis
      Jun23

      Europe’s Short Memory and Ukraine’s Long Crisis

      “People have forgotten that there’s a real humanitarian situation and a real need in a European country,” said Jock Mendoza-Wilson, director of international and investor relations at System Capital Management, during a recent Atlantic Council panel examining the crisis in Ukraine.In fact, he said, six hundred thousand people on...

      Foreign direct investment growing, though unevenly – DW
      Jun22

      Foreign direct investment growing, though unevenly – DW

      Foreign direct investment has increased worldwide to its highest level since the 2008 financial crisis, the Deutsche Welle (DW) reported.However, the United Nations trade body, UNCTAD, warns that does not necessarily translate to sustainable development, DW wrote.The finding came from UNCTAD`s 2016 World Investment Report, which tracked both...

      Ukraine sees growth of industrial output for 4th consecutive month
      Jun22

      Ukraine sees growth of industrial output for 4th consecutive month

      The growth of Ukraine`s industrial output in May 2016 slowed down to 0.2% from 3.5 % year-over-year (y-o-y) recorded in the previous month, the State Statistics Service of Ukraine reported.Industrial output has grown for the fourth consecutive month compared to the same period in 2015, after growth resumption in February this year for the first...

      Poroshenko, Merkel discuss anti-Russian sanctions, Minsk peace process
      Jun22

      Poroshenko, Merkel discuss anti-Russian sanctions, Minsk peace process

      Ukrainian President Petro Poroshenko has held a telephone conversation with German Chancellor Angela Merkel during which they discussed the extension of economic sanctions against Russia and the progress of the Minsk peace process, the presidential press service reported.”The two parties have exchanged views regarding the progress of the Minsk...

      Thanks to Russia, Ukrainians Swell Ranks of Kyiv Patriarchate
      Jun22

      Thanks to Russia, Ukrainians Swell Ranks of Kyiv Patriarchate

      Russia’s continued meddling in Ukraine is driving Ukrainian citizens out of the Russian Orthodox Church. Instead, they are swelling the ranks of the Ukrainian Orthodox Church-Kyiv Patriarchate.Traditionally, Ukraine has been home to the vast majority of Russian Orthodox Church members. In 1990, of the almost twelve thousand Orthodox...

      Ukrainians spend over 50% of their income on food and utility bills
      Jun22

      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
      Jun22

      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
      Jun22

      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
      Jun22

      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
      Jun22

      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...