Private traders account for half of gas imports from EU
Apr06

Private traders account for half of gas imports from EU

Spokesperson for state-owned Ukrtransgaz, the operator of Ukraine`s gas transport system, Maksym Bielawski says that 50% of Ukraine`s gas purchases from the EU last month was handled by 12 private trading companies, which was six times higher than the number of traders in March 2015. ”The good news is that private traders (12 companies) accounted...

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Reuters: Panama law firm says data hack was external, files complaint
Apr06

Reuters: Panama law firm says data hack was external, files complaint

The Panamanian lawyer at the center of a data leak scandal that has embarrassed a clutch of world leaders said on Tuesday his firm was a victim of a hack from outside the company, and has filed a complaint with state prosecutors, according to Reuters.Founding partner Ramon Fonseca said the firm, Mossack Fonseca, which specializes in setting up...

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TASS: Russia`s proposal on Syria inclusive talks blocked at UN Security Council
Apr06

TASS: Russia`s proposal on Syria inclusive talks blocked at UN Security Council

Russia`s UN envoy Vitally Churkin says Western member states of the UN Security Council voted to block Russia`s proposal on the all-inclusive nature of the upcoming round of intra-Syrian talks, according to Russian news agency TASS.”We were surprised when the draft was blocked by some Western countries,” he said. ”The Ukrainian delegation also...

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Ukrainian students hold flashmob ahead of Dutch vote on EU deal
Apr06

Ukrainian students hold flashmob ahead of Dutch vote on EU deal

A Ukrainian human chain, in support of a European future. Hundreds of students gathered in Kyiv for the flashmob, linking the Dutch Embassy in the historical Podil neighbourhood to European Square. The event happened a day before Dutch voters decide whether or not the EU and Ukraine should strengthen cooperation through the Association Agreement,...

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Washington Post releases new article on Poroshenko`s offshore assets
Apr05

Washington Post releases new article on Poroshenko`s offshore assets

Reports based on the Panama Papers suggest that the president of Ukraine attempted to use an offshore company for a pre-sale restructuring of his business. The authors` initial analysis suggests, though, that there is no direct evidence of major wrongdoing. ”The incident will, however, accelerate the public debate in Ukraine about its outdated...

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Top U.S. official: U.S. would block sale of Russian Su-30 aircraft to Iran
Apr05

Top U.S. official: U.S. would block sale of Russian Su-30 aircraft to Iran

Thomas Shannon, the U.S. Under Secretary of State for Political Affairs, said on Tuesday the United States would use its veto power in the UN Security Council to block any sale of Su-30 fighter aircraft to Iran, Reuters reports.”We would block the approval of fighter aircraft,” he told a U.S. Senate Foreign Relations Committee hearing, noting...

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Panamapapers claim first scalp as Iceland PM resigns
Apr05

Panamapapers claim first scalp as Iceland PM resigns

The Panama secrecy leak claimed its first victim after Icelandic Prime Minister Sigmundur David Gunnlaugsson resigned following revelations about his personal finances, Bloomberg reports.The move was announced in parliament after thousands of Icelanders took  to the streets angered by the alleged tax evasion of their leader, according to...

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Ukraine`s intl reserves down by $768 mln in March
Apr05

Ukraine`s intl reserves down by $768 mln in March

Ukraine`s international reserves as of April 1, 2016, amounted to $12.722 billion, according to preliminary data, which is $768 million, or 5.7%, less than the on March 1 ($13.490 billion), the NBU reported. The decline of reserves in March was primarily due to the government`s repayment and maintenance of public and publicly guaranteed debt in...

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Dutch MP says postponement of ratification of Ukraine-EU Association pre-scheduled
Apr05

Dutch MP says postponement of ratification of Ukraine-EU Association pre-scheduled

Ratification of the Ukraine-EU Association Agreement was postponed at the request of the initiators of the referendum in order to avoid possible legislative controversy of the vote regarding Ukraine, according to Dutch MP from the Socialist Party of the Netherlands Harry van Bommel, TSN reported.According to the parliamentarian, it was a...

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Large Kyiv bank goes bankrupt
Apr05

Large Kyiv bank goes bankrupt

Vice-Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova announces that the NBU decided on April 5, 2016, to include Kyiv-based Khreschatyk Bank in the group of insolvent banks. ”Late last week, the situation with the bank`s liquidity sharply worsened. Experiencing lack of funds, the bank made transfers with delays, and was unable to...

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