• US officials: Washington knows where Putin’s assets are but freezing them will bring havoc to the world markets

    The U.S. Senate Banking Committee has tried to assess the effectiveness of sanctions against Russia, reports Voice of America.

    During the hearings, Senator Mike Crapo, the head of the committee, recalled that the U.S. Treasury sanctions list includes 520 Russian enterprises, commercial companies and individuals that are involved in aggression against Ukraine, human rights violations, and cyber-attacks against the United States and Western European countries.

    According to expert estimates, the …

  • Renovation of Admiral Kuznetsov aircraft carrier will cost Russia more than a billion dollars

    Repair and modernization of the only Russian aircraft-carrying cruiser, Admiral Kuznetsov, may cost 65 billion rubles - more than 1.1 billion dollars, as reported by newspaper Izvestia, citing its sources in the Russian Navy and shipbuilding industry.

    According to the publication, the scope of the work and its cost are currently being agreed upon. During the renovation, modern radio electronic equipment and weapons will be installed on the ship, and the main propulsion plant will be restored. …

  • Russia allows those under sanctions not to pay taxes

    The State Duma of the Russian Federation has approved on second reading an amendment to the Tax Code on the right of individuals not to be recognized as tax residents of Russia, if they are residents of a foreign country and are under sanctions.

    The adopted document proposes that if during a tax period a sanction of a foreign state was in effect against an individual, he may not be recognized in that tax period as a tax resident of Russia, if he has residency in a foreign country. To do this, …

  • Media: Separatists from the Donbas complain about Russia’s indifference towards their fate

    The participants of hostilities in the Donbas have complained to the Civic Chamber of the Russian Federation about the indifference of Russian authorities to their fate, as reported in an article in the Russian newspaper, Kommersant, entitled, “Battalions ask for understanding.”

    According to former separatists and Russian mercenaries, the General Prosecutor’s Office of the Russian Federation has extradited them from Russia at the request of their Ukrainian colleagues. Russian Courts deport …

  • Canada says that sanctions against Russia must be maintained

    Canada strongly condemns the “illegal annexation” of Crimea by Russia and stresses the importance of maintaining international pressure on Moscow and keeping sanctions in place “until Russian respects international law and Ukraine’s sovereignty.” This was stated by Chrystia Freeland, Canada’s Minister of Foreign Affairs.

    “Today is the three year anniversary of the illegal annexation of Crimea. We strongly condemn the violation of the sovereignty and territorial integrity of Ukraine…Canada …

  • Destabilizing factor: Why Russia needs the separatist-held territories of eastern Ukraine

    Author: Dmytro Snegiryov, Head of Prava Sprava public initiative.

    Moscow has the return of the separatists controlled territories of the Luhansk and Donetsk regions back to the jurisdiction of Ukraine on its agenda, but only under Russian conditions. Right now Russia does not need a large-scale attack by the separatist troops in the Donbas or the escalation of hostilities.

    The intention of the Russian Federation is to create a zone of a permanent social and military tension within Ukraine by …

  • The Kremlin says it did not receive an official letter from Yanukovych on the deployment of Russian troops

    The presidential administration of the Russian Federation never received an official letter from former Ukrainian President Viktor Yanukovych with a request for Russian troops to enter Ukraine. TASS reports that this was stated by Dmitry Peskov, Press-Secretary for the President of Russia.

    "No letter was officially received by the presidential administration; no such letter was registered in the administration," Peskov said.

    At the same time, the Kremlin spokesman declined to comment on the …

  • European Parliament urges Russia to free Ukrainian political prisoners detained in the Crimea

    The European Parliament adopted a resolution regarding Ukrainian political prisoners that are being illegally detained by Russia in the annexed Crimea.

    The MEPs urged Russia to immediately release these Ukrainians and appealed to the EU with a call for new sanctions against those responsible for this harassment of Ukrainian citizens.

    451 Eurodeputies voted for the resolution and 73 opposed it. 86 European parliamentarians abstained from the vote.

    In a resolution called "Ukrainian prisoners …

  • Ukraine confiscated a foreign ship for entering the Crimea

    The Malinovsky District Court of Odessa convicted the captain of the vessel Sky Moon, which sailed under the flag of Tanzania, for illegally entering a port in the Russian-annexed Crimea, as reported on the website of the military prosecutor's office of the Southern region.

    The court decided to confiscate the goods that were being smuggled, namely, soda worth almost 18.5 million UAH (or 687 thousand USD), and the ship itself, as the vehicle that was used to commit the offense. The worth of the …

  • US battalion was deployed to Lithuania on a permanent basis

    The presence of American troops in Lithuania is virtually permanent, said Curtis Scaparrotti, Supreme Allied Commander Europe of NATO.

    “We have forces here here 365 days a year. I want some flexibility on that, so it may not be [permanent deployment] but it will be nearly that if not that because of the forces we have,” Scaparrotti told reporters on Thursday.

    He noted that the rotation of the US battalion in Lithuania would take place in June and July, and the division would take part in the “ …