France`s new President Emmanuel Macron takes power, now faces challenge of governing – media
May15

France`s new President Emmanuel Macron takes power, now faces challenge of governing – media

France`s new President Emmanuel Macron officially took over the reigns of power on Sunday, facing the challenges of a polarized country, high unemployment, terrorism and working with Germany to reform the EU, according to Deutsche Welle. The 39-year-old independent took over from outgoing Socialist President Francois Hollande, who leaves office...

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Russia to supply raw materials to seized factories in occupied Donbas
May15

Russia to supply raw materials to seized factories in occupied Donbas

The Russian Federal Agency for State Reserves (Rosrezerv) in 2017 will receive RUB 10 billion from the government`s Reserve Fund to finance the costs associated with the recovery of stocks raw materials and materials of the metallurgical industry, RBC reports citing the government`s order of May 4, 2017, signed by Russian Prime Minister Dmitry...

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New wave of ransom threats seen in unprecedented global attack – Bloomberg
May15

New wave of ransom threats seen in unprecedented global attack – Bloomberg

An unrivaled global cyber-attack is poised to continue claiming victims Monday as people return to work and turn on their desktop computers, even as hospitals and other facilities gained the upper hand against the first wave, according to Bloomberg. More than 200,000 computers in at least 150 countries have so far been infected, according to...

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European Investment Bank could lend EUR 160 mln to Kharkiv subway for 3.5km extension
May15

European Investment Bank could lend EUR 160 mln to Kharkiv subway for 3.5km extension

The European Investment Bank (EIB) could lend EUR 160 million to the city of Kharkiv for a 3.5 kilometer extension of the Oleksiivska subway line and the construction of the Derzhavynska and Odeska stations, according to the EIB`s website. The total cost of the project is EUR 320 million. At the same time, the EIB noted that the project...

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China to repair collapsed bridge in Kyiv and build new one near Kremenchuk
May15

China to repair collapsed bridge in Kyiv and build new one near Kremenchuk

Ukrainian delegates led by First Deputy Prime Minister of Ukraine, Minister of Economic Development and Trade Stepan Kubiv and China Road and Bridge Corporation`s management have agreed in Beijing on the reconstruction of Kyiv`s Shuliavsky overpass and the construction of a bridge near the Ukrainian city of Kremenchuk, according to the Ukrainian...

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North Korea: New rocket can carry nuclear warhead
May15

North Korea: New rocket can carry nuclear warhead

North Korea has announced that Sunday`s missile launch tested a new type of rocket capable of carrying a ”large-scale heavy nuclear warhead.” The test led to an international outcry and a call for harsher sanctions, according to Deutsche Welle. Sunday`s launch was a ”newly-developed mid/long-range strategic ballistic rocket, Hwasong-12,” North...

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PEN America launches campaign to free Ukrainian writer Oleh Sentsov
May15

PEN America launches campaign to free Ukrainian writer Oleh Sentsov

Authors, television hosts, and other creative allies joined PEN America in a letter calling on U.S. Secretary of State Rex Tillerson to press for the immediate release of Oleh Sentsov, a Ukrainian writer and filmmaker imprisoned in Russia`s Siberia on terrorism charges widely considered to be a groundless attempt to silence his criticism of...

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Four civilians killed in militant shelling of Avdiyivka`s residential district
May14

Four civilians killed in militant shelling of Avdiyivka`s residential district

Around 19:30 on Saturday, militants opened fire on the residential neighborhood of Avdiyivka, which resulted in four civilians being killed and another one injured, that`s according to the chief of Donetsk region`s military and civilian administration Pavlo Zhebrivskiy. According to the press service of local police.   Three men and a woman were...

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U.S. Mission to OSCE says Russia boosting artillery presence in Donbas
May14

U.S. Mission to OSCE says Russia boosting artillery presence in Donbas

In the past three months, Russian-occupation forces in Donbas have massively deployed heavy artillery banned under the Minsk agreements, according to Kate Byrnes, the U.S. envoy to the OSCE, who addressed the organization`s Permanent Council on Thursday, May 11. ”Despite a deliberate pattern of behavior by Russian-led separatist forces aimed at...

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S&P affirms ratings on Ukraine at `B-/B` with stable outlook
May14

S&P affirms ratings on Ukraine at `B-/B` with stable outlook

On May 12, 2017, S&P Global Ratings affirmed its `B-/B` long- and short-term foreign and local currency sovereign credit ratings on Ukraine with the stable outlook, S&P said in a statement. ”Our `B-` long-term rating captures the significant debt repayments Ukraine faces over the forecast horizon, political challenges that could slow...

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