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Ukraine imposes trade embargo on Russia
Deputies of the Ukraine’s parliament have voted in favor of introducing a trade embargo against Russia. This is a response to Moscow cancelling a free trade agreement with Ukraine as the country joins the European market.
According to proposer Prime Minister Arseny Yatsenyuk the embargo will begin on January 1, the same date the Ukraine Association Agreement with the EU comes into force.
The...
Ukraine Officially Declares Default
Ukrainian Prime Minister Arseny Yatsenyuk declared a moratorium on the payment of three-billion-dollar debt to Russia.
The Cabinet of Ministers of Ukraine supported his decision. In addition, the official Kiev is not going to pay the debt of $507 million to Russian banks (the debt was amassed by two Ukrainian companies that collaborated with Russian banks).
“From today, all payments shall be...
Kiev to allow foreign armed forces in Ukraine, incl. ‘potential carriers of nukes’
The Ukrainian parliament has adopted amendments to state law allowing “admission of the armed forces of other states on the territory of Ukraine.” The possible hosting of foreign weapons of mass destruction is also mentioned in the documents.
Amendments to Ukrainian law were adopted on Thursday by the Verkhovna Rada, receiving a majority of 240 votes (the required minimum being 226). The bill...
Ukraine's Yatsenyuk prepares Germany for USA's war
Ukrainian Prime Minister Arseny Yatsenyuk raised many eyebrows in the West with his “expressive” speech in Berlin. According to him, Putin’s goal is to lead a war against the West, so Ukraine asks the West to help him protect Europe and the European Union. Merkel praised Ukraine’s current economic reforms and promised to fund them. Now German Chancellor Merkel knows who is...
IMF aid pushes Ukraine gas prices up 280%
Ukraine has agreed to increase the cost of gas to consumer by 280 percent, and 66 percent for heating, as part of the IMF terms for getting extra financial aid, says Valery Gontareva the head of the National Bank of Ukraine.
“From now on, in accordance with our joint program with the IMF, the tariffs will see rather a sharp increase of 280 percent for gas and about 66 percent for heat,”...
Accident at largest nuclear power plant in Europe revealed by Ukraine PM
Zaporozhskaya nuclear plant
There has been an accident at a nuclear plant in the southeast of Ukraine, Prime Minister Arseny Yatsenyuk has revealed during the first session of his new Cabinet.
A minor accident occurred at Zaporozhskaya nuclear plant, the largest in Europe, last Friday, according to the facility’s website. A reactor was switched off and put to maintenance as a result.
The incident...
Ukraine to apply for NATO & EU membership
Ukraine’s Cabinet has asked the country’s parliament to consider dropping the country’s non-aligned status and seek membership of NATO.
Prime Minister Arseny Yatsenyuk’s government submitted to the parliament, the Verkhovna Rada, a draft bill that would cancel Ukraine’s non-aligned status and revive the country’s quest to join NATO, a path ditched by ousted President Viktor Yanukovich...
Ukrainian militia hand over MH17 flight recorders to Malaysia
The Ukrainian militia have handed over to Malaysian experts the black boxes from the Malaysian Boeing-777 airliner that crashed in east Ukraine on July 17.
The Donetsk People’s Republic’s (DPR) Prime Minister Aleksandr Boroday handed over the black boxes from the Malaysia Airlines Flight MH17 early on Tuesday.
“Here they are, the black boxes,” Boroday told reporters. “According...
Kiev plans to cut pensions 50%
A participant in a rally in support of Ukraine’s integration with the EU, on Kiev’s Independence Square.
The self-proclaimed government in Kiev is reportedly planning to cut pensions by 50 percent as part of unprecedented austerity measures to save Ukraine from default. With an “empty treasury”, reduction of payments might take place in March.
According to the draft document obtained...
Ukrainian Army put on Alert amid Russia's war threats
The Ukrainian army has been put on a combat alert as the interim president says any Russia’s military intervention will lead to a war in the crisis-hit country.
Ukraine’s acting President Oleksandr Turchynov made the announcement on Saturday after meeting with the country’s security and defense chiefs.
Turchynov warned Russia against military intervention, saying such a move could lead to a...