• Kyiv: Ukraine can sustain public debt payments without IMF’s assistance

    Ukraine's international reserves are sufficient to meet public debt payments until the end of 2020, said the Governor of the National Bank of Ukraine, Yakiv Smolii, the bank’s press service reported.

    "The volume of Ukraine's international reserves is enough to go through a period of peak payments on public debt until the end of 2020 and without external financing but further prospects for the country’s economic growth will directly depend on progress in the implementation of structural reforms, …

  • US State Department commends the creation of an anti-corruption court in Ukraine

    The United States commends Ukraine for adopting a law on the Anti-Corruption Court and emphasizes the need to amend the law that will ensure this court considers existing cases under its jurisdiction, stated US State Department spokesperson Heather Nauert.

    "The United States commends Ukraine for adopting a law to establish an independent anti-corruption court. We were pleased to see this important piece of legislation passed with broad support in the Verkhovna Rada. With this move, Ukraine …

  • Ukrainian Defense Minister proposes that Ukraine buy American Patriot air defense systems

    During a government meeting ,the Minister of Defense of Ukraine, Stepan Poltorak offered to buy five divisions of Patriot anti-aircraft defense systems with funds seized during anti-smuggling operations that are to be transferred to the state budget, the Ukrainian TV channel 24 reports.

    "$4 billion would be enough for us to buy five divisions of Patriot air defense systems and completely cover the border with Russia," Poltorak said.

    The United States decided to supply weapons to Ukraine in …

  • Head of the German security agency accuses Russian hackers of attacking country’s power grid

    Hans-Georg Maassen, who currently serves as President of Germany’s Federal Office for the Protection of the Constitution, blamed Russia for a recent large-scale cyberattack on German power grids and energy companies in an interview with media group Redaktionsnetzwerk Deutschland’s newspaper. 

    "The modus operandi is in fact only one of [multiple] indications that point to Russian control of the attack campaign," he said. Hans-Georg Maassen did not reveal details of the investigation.

    Germany’s …

  • Washington warns Russia and Damascus of ‘serious repercussions’ if ceasefire in Daraa de-escalation zone continues to be violated

     “The U.S. remains troubled by reports of increasing Syrian regime operations in southwest Syria within boundaries of de-escalation zone negotiated between U.S., Jordan and Russia. U.S. continues to warn both Russia and the Assad regime of the serious repercussions of these violations,” wrote the US state department spokesperson, Heather Nauert, on Twitter.

    In a statement issued by the US State Department's press service, Washington warned Moscow and Damascus about "serious repercussions" if …

  • Ukraine: UN Human Rights Council is in crisis

    Ukraine understands US concern about the effectiveness of the work of the UN Human Rights Council (HRC), as stated in a commentary by Deputy Foreign Minister of Ukraine, Sergiy Kyslytsya, that was released on Wednesday, June 20.

    "We understand the position of the United States of America and their concerns about the effectiveness of the HRC. The US decision on early termination of membership in the Council was not a surprise. More than a year ago, the United States, at a meeting of the UN …

  • Ukrainian President Poroshenko and Latvian Minister of Foreign Affairs discuss deployment of UN peacekeepers in the Donbas

    Ukrainian President Petro Poroshenko hosted a meeting with the Latvian Minister of Foreign Affairs. Poroshenko’s press service announced that prospects of the UN peacekeeping mission in the Donbas were discussed at the meeting.

    The Ukrainian President thanked Latvia for its ongoing support of the sovereignty and territorial integrity of Ukraine, for solidarity and assistance countering Russian aggression, and also for the condemnation of the Crimea’s illegal annexation.

    Poroshenko expressed  …

  • Estonia accuses Russia of violating air borders

    A Tu-154M aircraft belonging to the Russian Ministry of Internal Affairs spent about a minute in Estonian airspace, the Estonian Defense Forces announced.

    “A Ty-154M that belongs to the Ministry of Internal Affairs of the Russian Federation entered our airspace today over the Vaindloo island without permission,” the Defense Forces announced in their statement reported by TASS.

    According to Estonia, the Russian aircraft spent about one minute in Estonian airspace with a transponder on—however, …

  • European Court of Human Rights asks Russia to provide information about Sentsov's health

    The European Court of Human Rights (ECHR) is asking the Russian authorities to provide all available information about the state of health of the Ukrainian director Oleg Sentsov, who is on the 38th day of a hunger strike, reported Natasha Dobreva, Sentsov’s lawyer at the ECHR and a representative of the international human rights group Agora.

    "The Court sent a request to the Government of Russia on information on compliance with the requirements of articles 2 (the right to life), 3 ( …

  • Economic crisis eliminates 20% of middle class in Russia

    The Russian economy’s longest recession in 20 years has eliminated 20% of the middle class and made savings a luxury unavailable to the overwhelming majority.

    In May 2018, only 19% of Russians belonged to the middle class, that is, people who can easily buy not only clothing and food, but also durable goods. Before the start of the crisis it was 24%, and the current proportion is the lowest in 5 years, data from a NAFI survey indicates.

    In fact, the middle class is even smaller: a salary of …