Ukraine's Naftogaz hires American lawyers for the Crimean assets case against Russia

According to the ProZorro public procurement system’s data, the national joint-stock company Naftogaz of Ukraine hired the US law firm Covington & Burling LLP for $5.9 million to protect their rights and interests during the argument settlement with Russia about the seizure of the group’s assets in the Crimea.

The purchase of the service was part of a contractual procedure to attract skilled and highly qualified legal advisors to ensure the protection of the rights and interests of Ukraine …


Russia to grant Cuba 2 billion euro for infrastructure projects

Russia has agreed to help Cuba modernize the railway network. The total cost of the project, which will be carried out with loan money and will amount to 2 billion euro, Russian Deputy Prime Minister Yuri Borisov told TASS.

Borisov said that the implementation of the project will take seven years and it will play a key role in the economy of Cuba”. “We agreed to break it down into two phases, optimize required loan resources, and we will begin specific work on the project soon,” he said.

In …


Russian state high-tech investment fund caught taking taxpayer money offshore

Rosinfokominvest, the Russian State Investment Fund for Information and Communication Technologies, established in 2007 to modernize the Russian economy, has financed only one project in the more than 10 years of its existence – a scheme to take taxpayer money out the country.

This was the conclusion reached by Russia’s Accounts Chamber after an audit of how the budget funds allocated to the company have been used.

According to the fund’s business plan from 2007, after receiving 1.45 billion …


Ukrainian Security Service reports more than 300 pro-Russian accounts to Facebook and Twitter

The press service of the Ukraine Security Service or SBU identified and reported more than 300 pro-Russian social network accounts on Facebook and Twitter which SBU believes were created to intervene in the presidential elections in Ukraine in 2019.

According to DBU, these accounts were  intended to be used during the Ukrainian presidential election for targeted political advertising. Ukrainian law enforcement officials have submitted information on the identified accounts to the …


Tokyo rejects Putin’s proposal to increase trade between Russia and Japan to $30 billion

Russian President Vladimir Putin's proposal made to increase trade between Russia and Japan to $30 billion made to Japanese Prime Minister Shinzo Abe during the talks on the Kuril Islands was not greeted by Japan.

The Japanese side did not give consent to Putin's plan, which called for an increase in investments in the Russian economy, to replenish it with technologies and to increase mutual trade by 1.5 times, the official representative of the Japanese Foreign Ministry told Kyodo.

“Mr. …