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Biden urges ruling coalition to restore unity of Ukraine
US Vice President Joe Biden has called on the ruling coalition in Ukraine to quickly restore unity in the country so the government can move forward with reforms. These reforms are in accordance with Ukraine’s obligations under the International Monetary Fund (IMF) program. Biden stated this during a telephone conversation with the President of Ukraine, Petro Poroshenko.
Biden and Poroshenko talked about the importance of achieving progress in security issues and political aspects of the …
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Russian FSB carries out operation against 11 Crimean Tatars
On the 11th of February, representatives of the Russian Federal Security Bureau (FSB), accompanied by Special Forces, stormed the houses of Crimean Tatars who adhere to the canons of Islam. There were 11 cases of houses being searched on that day, and 12 people were detained. Searches were performed in Yalta, Alushta and Bakhchysarai.
The searches involved smashing windows and placing bags over the heads of suspected terrorists and traitors. At 6 am, Russian Security servicemen entered the …
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Ukrainian Eurobonds plummet following IMF's announcement of possible cessation of assistance to Kiev
A statement made by the head of the International Monetary Fund, Christine Lagarde, concerning the possible cessation of financial assistance to Ukraine has already affected the value of Ukrainian Eurobonds.
Igor Mazepa, the Director General of IC Concorde Capital and a member of its business initiatives group, discussed this in his commentary for Correspondent.net. According to him, the value of Ukrainian bonds fell by 1.5-2.2% in just one hour.
"In comparison, last week after the statement …
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NATO is working to strengthen the Ukrainian army
NATO will continue to coordinate with Ukraine on a daily basis and work to strenghten the Ukrainian Armed Forces, an anonymous senior NATO official told Radio Svoboda.
"The parties have already identified the main objectives for cooperation. In Kiev, a group of NATO defense consultants is constantly working to help their Ukrainian colleagues enhance the combat readiness of the armed forces and to carry out reforms. Everything is being improved: from the operational plans to procurement systems …
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Entire Factory Illegally Transported from Ukraine to Russia Resumes Operations
A Ukrainian factory which was repossessed by Russia and illegally transported from eastern Ukraine has started its work in Kamensk-Shakhtinsky in Russia's Rostov Oblast. The factory was removed from the Lugansk region of Ukraine in 2014 under the cover of military groups, as reported by Rossiiskaya Gazeta.
The Kamensky Transport Machinery Plant, formerly the Lugansk Electromechanical Plant, specializes in the production of equipment for rail transport and ore-mining. The equipment produced by …