• Mail.Ru Group estimates $13 million losses due to blocking of its services on the territory of Ukraine

    Due to the blocking of VKontakte, Odnoklassniki, and other Mail.Ru Group services in Ukraine, the company will lose about 1.5% of its revenues in 2017, which is about 790 million to 809 million rubles or slightly over thirteen million dollars. This is reported in the company's report for the second quarter of 2017.

    "The blocking of our products in Ukraine in the second quarter had an adverse impact on our revenues. We estimate the negative impact at 1.5% of our total revenue in 2017. Despite …

  • 5 officials from Ukrainian Ministry of Defense indicted on embezzlement

    The Chief Military Prosecutor's office sent to court 7 indictments against 5 former and current Defense Ministry officials and 2 commercial enterprise employees, all suspected of stealing state funds on an especially large scale and of official negligence during the purchase of helmets and bullet-proof vests in 2014-2015.

    "Five former and current heads of the State Procurement and Material Resources Supply Department of the Defense Ministry of Ukraine were informed of suspicion in committing …

  • Russian journalist sentenced to 3.5 years for investigating incomes of the high ranking officials

    The Tverskoy District Court of Moscow sentenced Alexander Sokolov, a journalist of RosBusinessConsuilting Media group (RBC), to three and a half years incarceration in general-regime correctional facility, reported Dozhd TV channel. 

    Sokolov was accused of organizing the activity of an extremist organization. The court also sentenced Sokolov to 1 year of parole following his incarceration. The term of punishment was commenced from the moment of Sokolov's arrest, which was July 28, 2015.

    Three …

  • Polls shows that most Polish citizens support demanding reparations from Germany

    Most Poles believe that Germany must pay compensation for the damage caused to Poland during World War II, as indicated by the results of a recent Ipsos poll, Polskie Radio reports.

    According to the poll, 31% of respondents expressed the opposite opinion, and 6% were undecided.

    Sixty-eight percent of respondents answered positively when asked: "Do you think the Germans should pay Poland compensation for the crimes of genocide committed by them against the Polish nation during the Second World …

  • Russia introduces emergency administration in the largest Crimean bank due to insolvency

    The Central Bank of Russia introduced a temporary administration in Genbank, one of the largest banks in the Crimea, as reported on the bank’s website.

    The bank, which was found to have a shortage of funds, will be salvaged by becoming a part of Sobinbank, which is part of the Bank Rossiya Group. The US Department of the Treasury believes that Rossiya is the personal bank of the top leadership of the Russian Federation. The shareholders of the institution are members of President Putin’s inner …

  • Crimean authorities are investigating why most of the generators on the peninsula are out of order

    Vladimir Serov, Deputy Prime Minister of Kremlin-controlled Crimea, requested an official investigation into the fact that most of the diesel generators on the peninsula are not in an operational condition, Krym.Realii reported with reference to the press service of the Russian government of the Crimea.

    “It is not weather conditions which are to blame for the fact that out of the 284 diesel generators we have, only 75 work, but the people who do certain jobs. I ask for an official …

  • Ukraine to seek legal assistance in the return of €15 million seized after Eurovision-2017

    The Cabinet of Ministers has approved the acquisition of legal services by the Ministry of Justice for the return of the blocked financial guarantees for the international Eurovision Song Contest 2017 in the amount of 15 million euros to the state budget, as stated in the government's order No. 530-r from August 9.

    "The government is taking measures for the return of the funds of financial guarantees for the holding the Eurovision Song Contest 2017, back to the state budget of Ukraine," the …

  • Russia denies explosion mark findings on President Kaczynski's plane

    The Polish state sub-commission conducting investigation into  the crash of President Lech Kaczyński’s Tu-154M plane said that the wing wreckage shows signs of an explosion which are not related to the collision with the birch, but the Investigative Committee of Russia (ICR) dismissed this claim as “baseless”, Interfax reports.

    “It is absolutely incomprehensible what these subsequent findings of the Polish experts are based on. When ballistic and explosive experts’ examinations were done …

  • Media: Authorities warn German policemen against visiting Russia

    The Ministry of the Interior of the Federal State of Lower Saxony, located in the north of Germany, warned the local police about taking private trips to Russia, reported German broadcasting company Deutsche Welle.

    The Ministry has become aware of several cases where German policemen were detained in Russia and subjected to interrogations about their official duties.

    Earlier, the publication Focus reported that, apparently, an incident that occurred with three German policemen in St. …

  • 2,500 soldiers from Ukraine and 14 countries will participate in the 'Rapid Trident 2017' exercises

    More than 2,500 soldiers from Ukraine and 14 partner countries will take part in the international exercise "Rapid Trident-2017", which will begin in the Lviv region in early September this year, reported Defense Minister Stepan Poltorak. "The current exercises will be held on a larger scale than in previous years ... Our goal is quality preparation for the ‘Rapid Trident 2017’ international exercises," said Poltorak on Thursday during an audit of the National Academy of Ground Forces.

    "Joint …