Section: The New Age (South Africa)
Ukrainian leader’s confectionery firm to close Russian factory
Ukraine’s largest confectionery company, owned by President Petro Poroshenko, plans to close its only factory in Russia, saying it had become impossible to do business there because of trade restrictions and anti-Ukrainian sentiment. The Lipetsk plant in western Russia has seen production decline since March 2014 when Moscow annexed...
‘Three-parent’ baby born in Ukraine using new technique
A baby boy has been born in Ukraine to an infertile couple after the first ever use of a new technique using the DNA of three parents, the head of a Kiev fertility clinic said Wednesday. The boy was conceived using DNA from his mother and father but also from an egg donor in a …read more Source: The New...
China’s Xi says willing to help resolve Ukraine crisis
China is willing to play a constructive role in seeking a political resolution to the crisis over Ukraine, Chinese President Xi Jinping told his Ukrainian counterpart, adding that he considers the eastern European country a friend. China has walked a fine line over Ukraine since Russian annexed Crimea in 2014, saying it respects Ukraine’s...
Russian lawmakers give mixed reaction to Trump’s nuclear cuts offer
Parliamentarians in Russia gave a mixed reaction on Monday to U.S. President-elect Donald Trump’s proposal to strike a deal on nuclear arms cuts in exchange for Washington lifting sanctions imposed on Moscow over the Ukraine crisis. Konstantin Kosachev, head of the upper house of parliament’s international affairs committee, was cited...
Trump aide says U.S. sanctions on Russia may be disproportionate
A top aide to President-elect Donald Trump said in an interview aired on Sunday that the White House may have disproportionately punished Russia by ordering the expulsion of 35 suspected Russian spies. Incoming White House press secretary Sean Spicer said on ABC’s “This Week” that Trump will be asking questions of U.S. intelligence agencies...
Ukraine nationalises country’s largest bank
Ukraine on Sunday nationalised the country’s biggest bank in a bid to avert a financial meltdown in the war-scarred former Soviet state. The government moved to take over PrivatBank after months of rumours that the lender was heavily burdened by bad debts.PrivatBank controls one-third of the east European country’s deposits and even...
EU-Ukraine pact collapse ‘biggest present’ for Putin: Dutch PM
Dutch Prime Minister Mark Rutte warned Thursday it would be the “biggest ever present” for Russian President Vladimir Putin if a historic EU-Ukraine cooperation deal is torpedoed by popular opposition in the Netherlands. Rutte said he was “moderately optimistic” of a deal at an EU summit in Brussels for steps to allow his country to …read...
Merkel, Hollande want to extend Russia sanctions over Ukraine
German Chancellor Angela Merkel and French President Francois Hollande said Tuesday that an EU summit this week should decide to extend sanctions against Russia over the Ukraine conflict. Merkel said that, given shortcomings in the Ukraine peace process, “it will be necessary to extend sanctions against Russia once more”, and Hollande said he...
EU seeks quick Brexit at dinner without UK PM
British Prime Minister Theresa May will be left out in the cold as her European counterparts have dinner without her in Brussels this week to push for a quick Brexit. All the EU leaders including May will discuss key issues including sanctions against Russia, Ukraine and Syria at the one day-summit on Thursday, as well …read more Source:...
NATO urges continued sanctions on Russia over Ukraine
Damaging EU economic sanctions imposed on Russia over the Ukraine crisis must be kept in place to force Moscow to meet its Minsk ceasefire commitments, NATO head Jens Stoltenberg said Wednesday. His comments come as the European Union discusses renewal of the sanctions amid doubts about their effectiveness and cost, and concerns that US...