Industry in the the USSR was designed to meet the needs of the entire union as well as the military appetites of the Kremlin. These industrial giants have been taken over by the oligarchs. The Ukrainian economy, as misaligned as it was, has remained the same. This is the main problem. The economy must be reformed,” he said.

 

In July, the EU decided to impose economic sanctions on Russia, which include a ban on the sale of military equipment. However, these economic restrictions do not apply to previously concluded contracts.

 

This last point was added at the insistence of France, which wants to execute a contract to build two Mistral helicopter carriers for the Russian Navy.

Widespread and deeply-rooted interests do not allow tax authorities to effectively reform the tax system

 

According to CNBC: “After trading lower overnight, stock futures turned higher in the 7 a.m. ET hour, after a news report quoting a Russian official saying Russia is seeking to de-escalate the Ukraine conflict. European stock markets (also) came off their lows.”

 

The arithmetic is simple: Signs of de-escalation in global conflicts is bullish, while reports of the situations deteriorating are bearish.

 

 A quarter of respondents now believe Finland should become a member of the Nato military alliance, with many of them reporting that the Ukraine crisis has strengthened their views, a new poll shows. Although almost two-thirds of those polled continue to oppose Nato membership, more than half of all respondents now say they see Russia as a threat.

 

The gas transit ban is of particular importance here. The Ukrainian government has been working to "put a stop" to their reliance on Russia for gas. Yatsenyuk stressed to reporters that Ukraine is now willing to take more extreme measures to become independent of Russia for their energy needs

 

Months of a slow boil of European and U.S. sanctions against Russia over Ukraine have done little more than harden a siege mentality in the Kremlin, thrusting controversial advisers like Glazyev to the forefront in Putin’s showdown against erstwhile Cold War foes. 

 

Bukovel, Ukraine - Preparations for Ukraine’s Junior Eurovision Song Contest 2014 selection are underway in Bukoval, as the countdown to this weekend’s live show begins!

 

The war is coming home for thousands of Ukrainians as the third mobilization since March drafts men into service. The most widespread reaction to the draft is fear: The fact that a third mobilization is needed is a sign the war is far from over. The extra manpower is meant to contain the pro-Russian insurgency that started in April in the easternmost regions of Ukraine.

 

Besides introduction and logistical issues, two lectures by Mufti of RAMU “Umma” Mr.Said Ismagilov and the participants’ reports are scheduled.

 

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