-
Kyiv expects to receive $1.9 billion from the IMF in June
Ukraine is doing everything possible to get another tranche of 1.9 billion dollars from the International Monetary Fund (IMF) in June, as stated by Ukraine’s Minister of Finance, Oleksandr Danyliuk in the interview with RBC-Ukraine.
Danyliuk noted that Ukraine will get the next tranche when it fulfils all the conditions of the Memorandum which are necessary to review the program.
"Considering our intensive negotiations with the IMF on gas issues, the solution will be found in the very near …
-
Ukraine intends to nationalize Russian-owned companies
A bill to nationalize the property of Russian companies and banks in Ukraine was introduced for consideration by the Verkhovna Rada. The author of the document is People's Deputy Roman Zvarych from the Petro Poroshenko Bloc faction.
The explanatory note for the bill says that such a measure at the legislative level will allow the government to apply sectorial sanctions to Ukrainian legal entities that carry out economic activities jointly with an "aggressor power."
To "promptly and …
-
Kyiv calls on Ukrainian companies to sue Russia for property lost in Crimea
The Ministry of Foreign Affairs has called on Ukrainian companies to sue Russia for property lost in the annexed Crimea, as reported by Olena Zerkal, Ukrainian Deputy Minister of Foreign Affairs for European Integration, in a Facebook post.
She commented on the decision of the Arbitration Court in The Hague to compensate Ukrainian investors $159 million for lost assets.
"The text and procedure are currently confidential…[but] we can report that the arbitrators have recognized the following: …
-
Lavrov: US withdrawal from Iran nuclear deal threatens to destabilize Middle East
TASS news agency reports that Russia’s Minister of Foreign Affairs, Sergey Lavrov, said the US withdrawal from the Tehran nuclear deal threatens to destabilize the Middle East.
"As for unilateral US sanctions, there's nothing we can do about that. But this is another thing; it cannot concern lifting sanctions introduced by the UN Security Council. This [decision] is not subject to revision," said Lavrov.
According to the Minister, the decision by US President Donald Trump to withdraw from the …
-
American sanctions force Russian tycoon Deripaska to give up 3 private planes
After the introduction of the U.S. package of sanctions, Russian billionaire Oleg Deripaska had to give up three private Gulfstream G550 aircraft, which he had rented from Credit Suisse and Raiffeisen, Reuters reported.
According to Alireza Ittihadieh, director of the company Freestream, which the owners of the planes contracted to sell them, the oligarch had leased them from a private company.
“He’s sanctioned, his companies are sanctioned, he has to return the aircraft. He has to terminate …
-
Ukrainian Minister of Internal Affairs promises to develop plan for return of Donbas by summer
The Ukrainian Ministry of Internal Affairs is working on a plan to regain control over the Donbas, which should be ready this summer, reported the Ministry’s press service, citing the Ukrainian Minister of Internal Affairs, Arsen Avakov.
"We should have this document in our hands by the summer. It will cover two parts: preparatory and practical. The main purpose of the plan is to liberate the temporarily occupied territories, restore the constitutional order of Ukraine, [and] protect the …
-
Merkel: Allies will support and protect Ukraine’s sovereignty
Foreign allies will continue to make efforts to speed up the process of restoring Ukraine’s sovereignty and territorial integrity no matter how long it takes, said German Chancellor Angela Merkel during her speech in Aachen, Germany, Ukrinform reports."We know that it often takes a long time to solve international conflicts but we will continue our efforts to ensure the sovereignty and territorial integrity of Ukraine,” she assured at the annual ceremony to present the Charlemagne Prize to …
-
US-led coalition attacked by 'an unidentified aggressor' near Syrian town of Deir ez-Zor
The US-backed Syrian Democratic Forces (SDF) opened fire on "unidentified forces" near the town of Deir ez-Zor on Thursday, reported US-led coalition.
According to the statement of the coalition, the SDF forces were attacked by an "unidentified aggressor".
“The hostile force engaged SDF with artillery, and SDF responded in self-defense, resulting in the destruction of one artillery piece,” the statement of the US-led coalition reads.
According to the statement, Coalition officials discussed …
-
Hague Arbitration court to commence hearings for Ukraine's Naftogaz case against Russia on May 14-20
Next week, the Ukrainian National Joint-Stock Company [NJSC] Naftogaz and six of its subsidiaries will initiate a court hearing against Russia in the Arbitration Court in Hague. Naftogaz is pursuing legal action to recover lost company assets which were seized by Russia in the Crimea, the Naftogaz press service reports.
During the hearings scheduled for May 14-20, the court will determine whether Naftogaz has grounds to take Russia to court under the Russian-Ukrainian bilateral agreement on …
-
Moldovan President Dodon opposes withdrawal of Russian troops from Transnistria
Moldovan President Igor Dodon does not support the demand of parliamentary spokesman Andrian Candu that Russian forces should withdraw from Transnistria. In an interview with RIA Novosti, the Moldovan president called this demand an attempt to curry good PR ahead of parliamentary elections.
“This is being done ahead of parliamentary elections and concerns the internal political situation. It is an attempt to gain additional support from the pro-Europe aligned Moldovan citizens. I hope that …