Monthly Archives: March 2020

Kremlin takes ownership of all Rosneft’s assets in Venezuela

Russian oil giant Rosneft announced that it is terminating operations in Venezuela and will be selling its assets in that country. “Today, Rosneft entered into an agreement with a company 100% owned by the Government of the Russian Federation to sell shares and cease its participation in all projects in Venezuela, including shares in Petromonagas, Petroperija, Boqueron, Petromiranda and Petrovictoria,

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Russians book up Black Sea hotels following Putin’s paid leave announcement, prompting regional governor to forbid checking in

Krasnodar Krai Governor Veniamin Kondratyev has ordered all hotel room reservations and check-ins to be suspended from March 28 to April 5. The temporary ban also applies to resorts and sanitoriums, according to a document published on the website of the governor’s administration. “Nobody’s going to kick out tourists who are already living in hotels and sanitoriums. But starting March

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MPs preparing new amendments to ‘Land law’: Launch of market to be delayed until July 1, 2021

During the first two years, individuals will be able to buy no more than 100 hectares each17:21, 28 March 2020  MPs intend to introduce new amendments to the bill No. 2178-10 “On the turnover of agricultural land”, which suggest a delay in launching the market until July 1, 2021. This became known from the statement of the Servant of the People

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Kyiv: Special status of Donbas will never be included into Ukrainian Constitution

“Ukraine does not intend to include into its Constitution the special status of the occupied territories of Donetsk and Luhansk regions,” said Ukrainian Prime Minister for the Reintegration of Temporarily Occupied Territories Oleksii Reznikov in an interview with RBC-Ukraine. According to Reznikov, the Russian representatives in the Trilateral Contact Group (TCG) for peaceful settlement in the Donbas are constantly trying to

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Spain returns to China unreliable coronavirus test kits also purchased by Ukraine

Spain has sent a large batch of rapid coronavirus test kits back to the Chinese manufacturer because they proved unreliable, reports El Pais. On March 10, Mayor of Kyiv Vitali Klitschko announced that the Ukrainian authorities bought similar rapid test kits. These test kits were to be distributed to seven hospitals for coronavirus testing. It is noted that the first

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Russia’s attempts to lift sanctions amid Covid-19 pandemic is prospectless, – Kuleba

Ukraine’s Foreign Minister held phone talk with Austrian colleague The attempts of the Russian Federation to influence the lifting of sanctions due to the Covid-19 pandemic are hopeless as Foreign Minister of Ukraine Dmytro Kuleba reported on Facebook. It is noted that Dmytro Kuleba held a phone talk with Austrian colleague Alexander Schallenberg. The foreign ministers discussed the situation around

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Italy may exit EU due to delay in assistance against coronavirus

Leader of Italian political party ‘League’, former vice-premier of Italy called EU ‘den of snakes and jackals’ The leader of the Italian political party League, former Italian Deputy Prime Minister Matteo Salvini, announced the possible withdrawal of his country from the European Union due to the delay in helping to overcome the coronavirus epidemic, as Affar Italiani reports. “This is

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Inequality during crisis

Kyiv Post Editorial As Ukraine joins the world in extending COVID‑19 quarantine measures, one sad revelation becomes clear: The world may be in this together, but the rich and the poor experience the pandemic very differently. In Ukraine, the measures to stop the spread of the novel coronavirus highlighted the class divide. The well-traveled rich are most likely to bring

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Ukraine: Option of default off the table – Zelensky’s spox

21:20, 27 March 2020 The president hopes that MPs at their upcoming extraordinary meeting will vote for the required legislative initiatives to support businesses, vulnerable segments of the population, as well as highly important reforms in the banking and agricultural sectors. Ukrainian authorities are not considering the option of default, while counting on an increase in potential funding from the

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IMF may increase funding for Ukraine to $8 bln – Zelensky

23:50, 27 March 2020 The president noted that, together with financing from the World Bank and the EBRD, Ukraine could receive at least $10 billion. The International Monetary Fund may increase funding for Ukraine to $8 billion, President of Ukraine Volodymyr Zelensky said in a comment to reporters. “Every day we are negotiating with the International Monetary Fund. Now we

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