Ukraine boosts gas production
Apr22

Ukraine boosts gas production

Natural gas production in Ukraine in January-March 2016, excluding the Russian-annexed Crimea, increased by 2.4% year-over-year, up to 4.9 billion cubic meters, according to State Statistics Service of Ukraine.Gas production in March 2016 compared with the previous month increased by 6.4% – up to 1.7 billion cubic meters. while gas...

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Losses of Ukraine`s operating banks in 1Q at UAH 8 bln
Apr22

Losses of Ukraine`s operating banks in 1Q at UAH 8 bln

44 Ukrainian banks in March performed with losses totaling UAH 7.3 billion, according to the National Bank of Ukraine.Total losses of banks operating in Ukraine, excluding those insolvent, as of April 1, 2016, amounted to UAH 8.011 billion, which is almost two times lower than on April 1 of the previous year.As reported on the website of the...

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NBU approves mechanism for implementing sanctions on persons from ”Savchenko List”
Apr22

NBU approves mechanism for implementing sanctions on persons from ”Savchenko List”

The National Bank of Ukraine (NBU) has provided application of personal special economic and other restrictive measures (sanctions) against individuals involved in the organization, illegal detention and imprisonment in the Russian Federation of Ukrainian citizens Nadia Savchenko, Oleh Sentsov and Oleksandr Kolchenko.According to the regulator`s...

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New Infrastructure Minister hopes to sign ”Open Sky” with EU in July
Apr22

New Infrastructure Minister hopes to sign ”Open Sky” with EU in July

The Ministry of Infrastructure expects that the Open Skies agreement between Ukraine and the European Union may be signed in July 2016, the newly-appointed Infrastructure Minister Volodymyr Omelyan said during the Ukrainian infrastructure forum.”The key point is the signing of an Open Skies agreement with the EU. This time, we have another date...

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Groysman orders probe into Danylyuk`s offshore companies
Apr22

Groysman orders probe into Danylyuk`s offshore companies

Ukrainian Prime Minister Volodymyr Groysman has instructed law enforcement agencies to investigate the accusations against Finance Minister Oleksandr Danylyuk regarding his offshore companies.”I think that the Minister should give explanations for everything that has been done in previous years [before the appointment]. If the answer means he is...

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Chechen court finishes judicial probe in Karpiuk-Klykh case
Apr22

Chechen court finishes judicial probe in Karpiuk-Klykh case

The judge appointed the debate in the case of the Ukrainian citizens Mykola Karpyuk and Stanislav Klykh for May 4, according to the Ukrainian journalist Anton Naumlyuk. Judge Vahid Ismayilov once again rejected the defense`s motion for termination of the criminal prosecution of Ukrainians under Art. 209 of the Criminal Code (robbery) due to the...

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Russia sends highest number of submarines to Scottish, Scandinavian coastlines in 20 yrs
Apr22

Russia sends highest number of submarines to Scottish, Scandinavian coastlines in 20 yrs

Russian attack submarines are increasingly patrolling the coasts of Scandinavia and Scotland, the Mediterranean and the North Atlantic, a U.S. Navy chief has said, according to The Daily Mail. Vladimir Putin`s recent boost to the submarine fleet means Russia now has the most underwater attack vessels in the area in two decades, The Daily Mail...

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Russian forces in Syria fire at least twice on Israeli military aircraft
Apr22

Russian forces in Syria fire at least twice on Israeli military aircraft

Russian forces in Syria have fired at least twice on Israeli military aircraft, prompting Prime Minister Benjamin Netanyahu to seek improved operational coordination with Moscow, Israel`s top-selling newspaper said on Friday, according to Reuters. The unsourced report in Yedioth Ahronoth gave no dates or locations for the incidents nor any...

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EUCOM nominee would consider Javelin in Ukraine
Apr22

EUCOM nominee would consider Javelin in Ukraine

The likely next head of U.S. forces in Europe believes there is a need in Ukraine for anti-tank weapons, and indicated a willingness to provide the Javelin system to Ukrainian forces during a hearing Thursday, according to Defense News.”I believe that we should provide the weaponry that we believe they need to defend their sovereignty, and that...

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China`s central bank injects huge liquidity to market
Apr22

China`s central bank injects huge liquidity to market

The People`s Bank of China (PBOC) on Friday conducted 240 billion yuan of seven-day reverse repurchase agreements (repo), a process in which central banks buy securities from banks with an agreement to resell them in the future, according to China Daily. The operation followed a 250-billion-yuan reverse repo on Wednesday and one of 260 billion...

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