Section: News & Summaries

      Oil prices extend losses on looming gasoline glut
      Apr05

      Oil prices extend losses on looming gasoline glut

      Oil prices dropped for a third session in a row on Tuesday, as weakening demand for gasoline and persistent doubts on whether crude producers will be able to reach an agreement to rein in a worldwide supply glut dragged on the market, Reuters reported.Growth in gasoline use has been one of the strongest pillars supporting demand across the fuel...

      Savchenko starts serving sentence, to resume ”dry” hunger strike on April 6
      Apr05

      Savchenko starts serving sentence, to resume ”dry” hunger strike on April 6

      Ukrainian captive pilot, MP Nadia Savchenko on April 5 started serving her 22-year sentence in Russia.Savchenko was sentenced to 22 years in prison by Russian-based Donetsk City Court on March 22, 2016.She announced he had decided not to appeal the verdict and would renew her ”dry” hunger strike from April 6, demanding her return to...

      U.S. to continue to encourage anti-corruption reforms in Ukraine – White House
      Apr05

      U.S. to continue to encourage anti-corruption reforms in Ukraine – White House

      The United States will continue to encourage the Ukrainian authorities to follow through with implementing anti-corruption reforms, White House press secretary Josh Earnest said at a daily press briefing on Monday.”President Poroshenko has demonstrated a commitment, along with the rest of the government of Ukraine, to implementing a whole bunch...

      Russian proxies attack Ukraine troops 61 times in last day
      Apr05

      Russian proxies attack Ukraine troops 61 times in last day

      The combined Russian-separatist forces attacked Ukrainian army positions in eastern Ukraine 61 times in the past 24 hours, which is almost half more than in the previous day and night, according to the press center of the Anti-Terrorist Operation (ATO).”Using mortars of various calibers, the Russian-backed mercenaries fired on our positions...

      Suspicious activity at N. Korea radiochemical laboratory, progress towards completing experimental light water reactor
      Apr05

      Suspicious activity at N. Korea radiochemical laboratory, progress towards completing experimental light water reactor

      Recent commercial satellite imagery indicates suspicious activity at the Yongbyon Radiochemical Laboratory complex used to produce plutonium for building nuclear weapons, 38 North reports.During the past five weeks, exhaust plumes on two, possibly three, occasions were observed at the Radiochemical Laboratory`s Thermal Plant (e.g., steam plant)....

      NBU strengthens official exchange rate to UAH 25.99 to dollar
      Apr05

      NBU strengthens official exchange rate to UAH 25.99 to dollar

      The National Bank of Ukraine on Monday evening strengthened the official hryvnia exchange rate by 11 kopiykas, bringing the national currency to UAH 25.99 to the dollar.The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for April 5:$100 costs UAH 2,599.4632 (on April 4, it was UAH...

      SIPRI: World military spending resumes upward course
      Apr05

      SIPRI: World military spending resumes upward course

      World military expenditure totaled almost $1.7 trillion in 2015, an increase of 1% in real terms from 2014, according to new figures from the Stockholm International Peace Research Institute (SIPRI).”The increase reflects continuing growth in Asia and Oceania, Central and Eastern Europe, and some Middle Eastern states. The decline in spending in...

      #PanamaPapers: World figures deny wrongdoing

      Revelations in the “Panama Papers” have prompted governments to probe possible financial wrongdoing by the rich and powerful. ||| London/Panama City – Governments across the world began investigating possible financial wrongdoing by the rich and powerful on Monday after a leak of four decades of documents from a Panamanian law firm that...

      Now Is Not the Time to Bury Minsk
      Apr05

      Now Is Not the Time to Bury Minsk

      Is the Minsk peace process dead?Not yet. But it is not being respected, and a great deal of work is being done to undermine the process and essentially call it off. Sometimes this is even being done by well-meaning people who actually support Ukraine in one way or another.Comments and tweets from politicians or diplomats involved with Ukraine...

      The New York Times Was Right about Ukraine’s Corruption Problem
      Apr05

      The New York Times Was Right about Ukraine’s Corruption Problem

      Ukraine’s President Petro Poroshenko dismissed the recent New York Times editorial “Ukraine’s Unyielding Corruption” as “part of the hybrid war against Ukraine” at a press conference on April 1 in Washington, DC. The editorial’s tone and substance were certainly lightyears away from the President’s own rosy assessment...