A $1 billion financing package is being prepared by the World Bank and other international financial institutions to help Ukraine and its Naftogaz to fill up its natural gas-storage facilities and avoid shortages over the winter.

Many European states still remember 2009 gas shortages due to cutoffs from Russia. Current gas talks between Ukraine and Russia, mediated by EU have been complicated by the war in the east of Ukraine that was unleashed Russia.

European officials still hope that …

France said Wednesday it is selling two Mistral class warships that were originally intended for Russia to Egypt.

The two warships were originally built for Russia but France refused to deliver because of Moscow’s role in the war in Ukraine.

According to French officials, the Mistrals will cost Egypt  €950 million (US$1.06 billion) for the two Mistral class warships. Originally Russia were to pay €1.2 billion for the warships, but as per the russian contract, France was supposed to help …

According to Julie Bishop, Austalia's Foreign Minister, an independent prosecution tribunal may be formed over Malaysian Ailines flight 17 destroyed in eastern Ukraine last year.A group of nations including Australia, Belgium, Malaysia, the Netherlands and Ukraine are seeking criminal accountability for the justice of victims of the Malaysian jetliner.Ministers from those nations would meet at the United Nations next Tuesday, during the annual General Assembly meeting of world leaders, for …