• Ukrainian Entrepreneurs to Get Access to European Funding Program

    The Ukrainian Cabinet of Ministers adopted a draft agreement on the participation of Ukraine in the European Union program "Competitiveness of Small and Medium-Sized Enterprises” (COSME). The press service of the Ministry of Economic Development and Trade indicated that Ukrainian small and medium businesses will have access to 2.3 billion euros.

    "It will create an ocean of new opportunities for Ukrainian entrepreneurs. Firstly, it's assistance with entering foreign markets because the …

  • Russia to Cut Funds For International Space Station

    Russian media reports that the state authorities are planning to reduce the cost of maintenance of the International Space Station in the next decade.

    According to the newspaper Izvestia in the latest draft budget for the 2016-2025 years, the cost of servicing the ISS will be around 3.3 billion dollars (252.1 billion rubles), which is 10 percent less than was suggested in the draft budget drawn up in April last year.

    The Russian Space Agency is one of five departments that control the station …

  • Russia Refuses to Participate in PACE January Session

    TASS reported that Russia is refusing to participate in the January session of the Parliamentary Assembly of the Council of Europe (PACE). A representative of the Agency explained that the period for providing the lists of participants of each national delegation to the PACE expired on Friday. It was reported that Russia did not provide the required list . “This is a refusal to participate in the January session of the Parliamentary Assembly of the Council of Europe (PACE),” a well-informed …

  • Russia and the West: a new Cold War?

    Many experts believe that this week’s announcement that Russia will station three new divisions along the western border is one step closer to a new Cold War. Russian Defense Minister Sergei Shoigu stated that the strengthening of the country’s western flank is “the most important task” for the Russian army in the coming year. The announcement is a chain in a series of events that is reminiscent of what many hoped would be a bygone era.

    Shoigu’s words come amidst Tallinn's call to create …

  • US company to supply Ukraine with integrated surveillance system

    The administration of the State Border Guard Service of Ukraine and the American company Worldwide Aeros Corp signed an agreement that will see the delivery of integrated surveillance systems to Ukrainian border crossings. The press service of the Cabinet of Ministers reported that the first monitoring system is currently on its way.

    Kiev hopes to stop the flow of fighters and weapons entering the warzone in eastern Ukraine from Russia. The two countries share a 2,300 km (1,426 mile) border, …