The Ukrainian authorities and the International Monetary Fund (IMF) have reached an agreement on a new 14-month support economic policy under the Stand-by arrangement (SBA), which will replace the Extended Fund Facility (EFF) program, which began in March 2015 and was supposed to end in March 2019.

“The new SBA, with a requested access of SDR 2.8 billion (equivalent to US$3.9 billion), will provide an anchor for the authorities’ economic policies during 2019,”  said the IMF.

The agreement is …

Head of the Swiss intelligence Jean-Philippe Gaudin stated that there a lot of Russian spies in the country who have recently become more active, Deutsche Welle reported.

Gaudin did not mention the exact number of spies but he explained that Russian agents in Switzerland are now become more active than before.

He said that the Swiss Prosecutor’s Office is investigating a criminal case against two Russians, allegedly employees of the GRU (Main Russian Intelligence Directorate), Yevgeny …

The German Chancellor Angela Merkel and French President Emmanuel Macron will hold talks with Russian leader Vladimir Putin and Turkish President Recep Tayyip Erdogan. The meeting will be held on October 27th in Istanbul. Its central theme will be the situation in Syria, reports the Deutsche Welle.

The parties will meet, by invitation from Erdogan, said his spokesman on Friday, October 19th. This will be the first meeting with these participants. Until now, Turkey has sought to discuss the …

During his speech at the Atlantic Council center in Washington, the US Special Representative for Ukraine, Kurt Volker asserted that Russia would not go on the offensive in the East of Ukraine .

The American official explained that one of the reasons that it would not be profitable for Russia to aggravate the situation is a high probability that a new spiral of tension in the east of Ukraine could foster the growth of support for Ukrainian President Petro Poroshenko.

"[An offensive] would …

Korea has formulated a cooperation strategy with Ukraine which will allow increasing Ukraine's GDP to 10% over the next 10 years, said Korean ambassador Lee Yang-Goo at the tenth National Expert Forum in Odessa organized by the Gorshenin Institute.

"We have developed a master plan for cooperation between Ukraine and Korea. In accordance with this plan, Ukraine can increase its GDP growth rate to 10% in the next 10 years. International organizations proposed various scenarios for this. This …