Putin exempts Russians who fell under sanctions from paying taxes

Russian President Vladimir Putin signed a law exempting Russians who fell under sanctions from reporting income and paying taxes in Russia in certain cases. The law is retroactive, and is effective as of January 1, 2014.

Earlier, an amendment to the Tax Code, prepared by a United Russia Deputy, Andrei Makarov, was adopted in the third reading by the State Duma of Russia. The law allows Russians who have business or property abroad and who have been sanctioned, to not be considered tax …


Ukrainian Foreign Ministry demands that Russia rescind conscription for citizens from Crimea

The Ministry of Foreign Affairs of Ukraine has demanded that the Russian Federation rescind the requirement for citizens residing in the Crimea to be drafted into the Russian Armed Forces, the department’s official site reports.

“A resolute protest has been expressed by the Ministry of Foreign Affairs of Ukraine to the Russian Federation in connection with its intention to introduce conscription in the temporarily occupied territory of the Autonomous Republic of Crimea and the city of …


London's High Court of Justice's decision on 'Yanukovych's debt' case will not affect cooperation between Ukraine and the IMF

The IMF acknowledged the London's court decision on the case regarding Ukraine’s debt to Russia, but indicated it did not influence their current agreement with Ukraine, as was reported by Interfax-Ukraine.

The Board of Directors of the International Monetary Fund (IMF) has stated that they are not influenced by the decision of the High Court of Justice in London in a lawsuit by the Russian Federation regarding the $3 billion worth of Eurobonds owed to them by Ukraine, as indicated in the Fund’ …


Talk between Putin, Merkel and Hollande: Putin demands lifting of trade blockade from the separatist republics

On April 4, a telephone conversation took place between three of the four participants in the "Normandy Format" of negotiations regarding the settlement of the situation in the uncontrolled territories of the Donbas. Russian President Vladimir Putin, German Chancellor Angela Merkel and French President Francois Hollande attended. The negotiators discussed the situation in the Donbas, the continuation of the "Minsk process" [another format of negotiations on the same topic], and the "Easter" …


Russia begins tactical aviation exercises in Crimea

On April 4th, the tactical aviation of the Southern Military District in the Crimea and the Russian Volgograd region was raised on alert in the framework of flight and tactical exercises, said Colonel Vadim Astafyev, chief of the South Ossetia press service, as reported by RIA Novosti.

“In the Crimea and the Volgograd region, pilots of the Air Force and Air Defense of the Southern Military District were raised on alert in accordance with the training and combat alert in the framework of flight …