Moscow wants Kiev to pay interest daily on its $3 billion defaulted bond, Bloomberg reports after viewing court documents. Ukraine failed to pay the debt on December 20 and the penalty fee has grown to about $66.3 million as of Friday. The Kremlin refused to take part in the $15 billion debt restructuring Ukraine reached with its foreign creditors in 2015. Russia wanted Ukraine to recognize the debt... 

Russia’s gas giant, Gazprom, has announced that it is halting natural gas supply to the war-stricken Ukraine after pricing talks between two neighbors failed. “Ukraine did not pay for July gas supplies,” Gazprom chief, Alexei Miller, said in a statement on Wednesday, adding, “Gazprom has halted gas supplies to Ukraine from 10 a.m. (0700 GMT) July 1.” The Russian official... 

Russian President Vladimir Putin has warned of the potential consequences of Russia’s gas dispute with Ukraine for Europe’s energy security. Putin highlighted the issue during a phone conversation with French President Francois Hollande and German Chancellor Angela Merkel on Thursday. “They… discussed the potential consequences for Europe’s energy security and economy of... 

Hunter Biden Hunter Biden, son of US VP Joe Biden, is joining the board of directors of Burisma Holdings, Ukraine’s largest private gas producer. The group has prospects in eastern Ukraine where civil war is threatened following the coup in Kiev. Biden will advise on “transparency, corporate governance and responsibility, international expansion and other priorities” to “contribute to the economy... 

A court in Kiev has sentenced Ukraine’s ex-prime minister, Yulia Tymoshenko, to seven years in prison for an abuse of her office. Her supporters and opponents have taken to the streets, raising fears that violence could break out. Immediately after the verdict was pronounced, Yulia Tymoshenko condemned the decision. “I do not agree with the verdict,” said Tymoshenko. “No authoritarian...