The Chairman of the Board of Directors of Alfa-Bank Group, Petr Aven, does not see an alternative to the U.S. dollar in case Russia completely moves away from using the US dollar for international trade.  

“Today, I see no alternative in the global trade. It would be very inefficient and entail huge costs. If banks are cut off from the U.S. dollar, what should they do? Kostin (the head of VTB Bank Andrey Kostin) suggested the use of the Russian rubles. This is a bad decision for everyone. I …

Secretary of the National Security and Defense Council of Ukraine Oleksandr Turchynov stated that the Ukrainian military would carry out large-scale exercises in the Azov Sea. Turchynov noted that he is aware of that Russia intends to hold military exercises in the Azov Sea in the near future.

"The Ukrainian military will also carry out serious exercises in the Azov Sea,” he said. He announced that the Ukrainian military is reinforcing the Coast Guard and building up the Air power in the Azov …

Timur Tumgoev, a Russian citizen who sought asylum in Ukraine, was recently extradited by Ukraine to Russia, where he was wanted for fighting for the Islamic State in Syria. This has sparked a number of protests outside the Verkhovna Rada by nationalists and volunteer fighters. Their sole demand is that it be made easier for foreigners to obtain Ukrainian citizenship for fighting on Ukraine’s side in the Donbas. Timur Tumgoev was one such volunteer, who fought for four years in eastern Ukraine …

The European Court of Human Rights (ECHR) agreed to review the lawsuit of Ukrainian director Oleh Sentsov, stated the head of the Inter-Regional Association of Human Rights Agora, Pavel Chikov on his Telegram channel.

Sentsov had been convicted and illegally imprisoned by the Russian government. “The ECHR networked the case of Oleh Sentsov,” Chikov said. He also emphasized that this is “super news” and he posted a copy of the letter of the Strasbourg court in the message.

According to Chikov, …

Hungary declared the first Secretary of the Ukrainian Embassy in Budapest persona non-grata. The Ukrainian Ambassador in Hungary was duly informed, the press service of the Hungarian Foreign Ministry stated on Thursday, October 4. The employee of the Ukrainian Embassy was ordered to leave the country within 72 hours.

Earlier that day, Ukraine stated that the Hungarian Consul in the city of Berehove in the Zakarpattia region would be expelled. According to the Ministry’s press service, the …