US Loan To Kiev Contingent on Resignation of Ukrainian Attorney General

According to ZN.ua, the U.S. State Department will consider Ukrainian Prosecutor General Shokin’s dismissal as clear support for the fight against corruption in Ukraine, as well as a main condition for a $1 billion loan to Ukraine.

This was revealed during the visit to the USA of Deputy Prosecutor General David Sakvarelidze, the Director of the Anti-Corruption Bureau Artem Sytnik and anti-corruption Prosecutor Nazar Kholodnitskyi. Ukrainian officials are in the US on a working visit now, where …


Biden and Poroshenko Discuss Ukraine's Fight Against Corruption

The United States reported that during a meeting on Wednesday, January 20th, Vice President Joe Biden and the President of Ukraine Petro Poroshenko discussed the need for Ukraine to continue its fight against corruption. According to the White House this was agreed upon by both leaders.They also agreed on the importance of the continuation of compliance with the Minsk Agreements by all participants of the conflict in Ukraine, the brief statement said.The Press Service of the President of …


European Parliament Supports Establishment of International Tribunal for MH17

The resolution of the European Parliament stated that they support the establishment of the International Criminal Tribunal for investigating the MH17 incident. In 2014, the Malaysian Airlines Flight 17 passenger plane was shot down over the Donbas region in eastern Ukraine. The European Parliament also called on Russia to fully cooperate with the international community in order to carry out a full and impartial investigation and bring the perpetrators to justice, the document says.

Russia’s …


Ukraine and Turkey to Strengthen Cooperation in Black Sea Region

The Secretary of the National Security and Defense Council of Ukraine, Oleksandr Turchynov, stated that Ukraine and Turkey have a unique opportunity to pool political, diplomatic, military, technical and economic resources for an effective and coordinated response to the destruction of the balance of forces in the Black Sea region.

On January 21st, Turchynov met with the Secretary General of the National Security Council of Turkey, Seyfullah Hacimuftuoglu. “The development of bilateral …


Sberbank: Russian Inflation will Exceed 8 Percent in 2016

The Russian bank Sberbank believes that Russia will see a recession and that  inflation may exceed 8% this year, as reported by TASS, citing the head of the Center for Macroeconomic Research of Sberbank, Yulia Tsepliaeva. According to her, a decline in consumption and economic growth may also be expected.

“We expect an economic slowdown and an additional year of decline in consumption. Inflation is likely to be high. It is expected to exceed 8%,” Tsepliaeva said.

Tsepliaeva assesses the Bank’ …