Section: International
Russia loses WTO appeal over ban on pork imports from EU – media
Russia lost its appeal on Thursday against a World Trade Organization ruling on its ban on imports of European Union pigs and pork products, according to Reuters. Thursday`s ruling means Russia will be expected to bring its rules into line with the WTO`s, Reuters said. If the EU is not satisfied that it has done so, it could ask to be allowed to...
Anti-corruption agency may probe finances of Ukrainian Tax Service chief’s trip to see Trump oath
Head of the National Agency for Prevention of Corruption (NAPC) Natalia Korchak says her agency has received a request from Ukrainian Finance Minister Oleksandr Danyliuk to probe into the finances of Ukrainian State Fiscal Service chief Roman Nasirov`s trip to attend the inauguration of U.S. President Donald Trump. The request cites publicly...
Ukrainian President appoints envoy to represent Ukraine at International Criminal Court hearings in suit against Russia
Ukrainian President Petro Poroshenko has signed a decree on the establishment of a Ukrainian delegation to participate in the International Criminal Court`s proceedings into the violation by Russia of the International Convention for the Suppression of the Financing of Terrorism and the International Convention on the Elimination of All forms of...
Reuters: Trump wants to make sure U.S. nuclear arsenal at `top of the pack`
U.S. President Donald Trump said on Thursday he wants to ensure the U.S. nuclear arsenal is at the ”top of the pack,” saying the United States has fallen behind in its weapons capacity, according to Reuters. In a Reuters interview, Trump also said China could solve the national security challenge posed by North Korea ”very easily if they want...
Austria calls to “rethink” the sanctions imposed on Russia
Austrian Chancellor Christian Kern called for a rethink on sanctions imposed on Russia, saying that the regime of penalties over Kremlin-backed incursions in Ukraine has failed to yield enough progress, according to Bloomberg. Speaking in an interview in Vienna on Thursday, Kern said that the European Union may need to consider new ways to put...
How Europe can defend itself – Bloomberg
Say this for Donald Trump: He is forcing Europeans to think more seriously about how to protect and defend their continent, Bloomberg reported. The U.S. president`s disparagement of NATO goes too far, and his focus on getting Europeans to spend more on defense is misplaced. That said, European nations have for too long treated their defense...
Trump outraged by Russian deployment of cruise missiles, vows to raise issue with Putin
U.S. President Donald Trump complained that the Russian deployment of a ground-based cruise missile is in violation of a 1987 treaty that bans land-based American and Russian intermediate-range missiles, according to Reuters. ”To me it`s a big deal,” said Trump, who has held out the possibility of warmer U.S. relations with Russia, as reported by...
FBI refused White House request to knock down recent Trump-Russia stories
The FBI rejected a recent White House request to publicly knock down media reports about communications between Donald Trump`s associates and Russians known to U.S. intelligence during the 2016 presidential campaign, multiple U.S. officials briefed on the matter tell CNN. But a White House official said late Thursday that the request was only...
Traders drain pricey U.S. oil storage as OPEC deal bites
Traders are turning the spigots to drain the priciest storage tanks holding U.S. crude stockpiles as strengthening markets make it unprofitable to store for future sale and cuts in global production open export opportunities, according to Reuters. That could signal the beginning of the end for a two-year trade play that came about during an...
IMF notes progress in cooperation with Ukraine, although provides no specific dates of new loan tranche allocation
Ukraine`s key creditor, the International Monetary Fund, has noted significant progress in its cooperation with Ukraine, as well as in part of Kyiv`s implementation of a reform program, approved in March 2015; however, the Fund`s Executive Board has not yet set a date to consider allocation of a $1 bln tranche for Ukraine, according to the IMF...