: :inin Kyiv (EET)

Section: US & Canada

    Ukraine Warns of More Power Cuts if Mild Weather Fades
    Dec24

    Ukraine Warns of More Power Cuts if Mild Weather Fades

    Ukraine will be forced to implement more power cuts if the weather gets sharply colder, Prime Minister Arseny Yatseniuk said on Wednesday. Kyiv had already temporarily cut off electricity to Crimea. Ukraine used to be self-sufficient in electricity, but months of fighting a pro-Russian uprising has disrupted coal supplies to thermal power plants,...

    Ukraine warns of more power cuts if weather cools
    Dec24

    Ukraine warns of more power cuts if weather cools

    Coal supplies have been decimated by months of fighting a pro-Russian uprising …read more Source: The Globe and...

    FP’s Situation Report, presented by Lockheed Martin: U.S. effort to bankrupt the Islamic State isn’t working; Ukraine edges closer to NATO; More needed from the U.S. to counter North Korean cyberattack; and much more.
    Dec24

    FP’s Situation Report, presented by Lockheed Martin: U.S. effort to bankrupt the Islamic State isn’t working; Ukraine edges closer to NATO; More needed from the U.S. to counter North Korean cyberattack; and much more.

    By David Francis with Sabine Muscat The U.S. effort to bankrupt the Islamic State isn’t working. Washington and its allies are well aware that it would be nearly impossible to defeat the Islamic State without strangling its finances. Airstrikes have lowered the group’s oil revenue to $1 million per day, down from $2 million. However,...

    Russian Official: NATO Turning Ukraine into ‘Frontline of Confrontation’
    Dec24

    Russian Official: NATO Turning Ukraine into ‘Frontline of Confrontation’

    Russia said on Wednesday NATO was turning Ukraine into a “frontline of confrontation” and threatened to sever remaining ties with the Atlantic military alliance if Ukraine’s hopes of joining it were realized. The Kyiv parliament’s renunciation of Ukraine’s neutral status on Tuesday in pursuit of NATO membership has outraged...

    Russia’s central bank to help companies meet debts
    Dec24

    Russia’s central bank to help companies meet debts

    The hope is that it will provide relief to those who can’t tap foreign capital markets to refinance loans because of Western sanctions. The move is the latest in a series of efforts by the Central Bank to ease the selling pressure on the ruble, which has been one of the world’s worst-performing currencies this year as a result of the...

    Russia’s central bank to help companies meet debts
    Dec24

    Russia’s central bank to help companies meet debts

    MOSCOW (AP) — Russia’s central bank has made another move to shore up the ruble, offering hard currency loans to help companies and banks service their debts. The bank said Wednesday it would accept foreign currency debt obligations as collateral against the loans. The hope is that it will provide relief to those who can’t tap foreign...

    Russia: NATO Pushed Kiev to Drop Nonaligned Status
    Dec24

    Russia: NATO Pushed Kiev to Drop Nonaligned Status

    MOSCOW— A Russian deputy defense minister says NATO members pushed Ukraine toward dropping its nonaligned status. Ukraine’s parliament abandoned the nonaligned position Tuesday, possibly paving the way for a bid to join NATO, in defiance of Russia’s protests. The move doesn’t guarantee that Ukraine will apply to join the...

    Ukraine settles gas debt to Russia
    Dec24

    Ukraine settles gas debt to Russia

    Daniel J. GraeberKIEV, Ukraine, Dec. 24 (UPI) — A Ukrainian energy company has settled its debt to Russian energy company Gazprom according to terms of an October agreement, the government said Wednesday. …read more Source: United Press...

    Ukraine: Is it time to buy?
    Dec24

    Ukraine: Is it time to buy?

    Ukraine’s bonds have had a terrible year as the country’s conflict with Russia wears on, but could be a canny buy in 2015? …read more Source:...

    Russia: NATO pushed Kiev to drop nonaligned status
    Dec24

    Russia: NATO pushed Kiev to drop nonaligned status

    MOSCOW (AP) — A Russian deputy defense minister says NATO members pushed Ukraine toward dropping its nonaligned status. Deputy Defense Minister Anatoly Antonov said Wednesday unidentified NATO members had pushed Ukraine to make the move in a bid to turn it into a “forward line for confronting Russia.” …read more Source: San...