Ukraine's inflation rate has been accelerating in the last five months, hitting 12.0 percent in June from 10.9 percent in May and 0.5 percent in February to the impact of the lower exchange rate, the start of economic reforms related to administrative and regulated prices and continuing tensions in the east of Ukraine, the central bank said.

Since the start of the month, Ukrainian forces have halved the territory held by the insurgency, which is seeking to wrest two eastern regions from Kyiv. Government efforts have focused efforts on sealing the border with Russia, where insurgents are believed to draw much of their hardware and manpower. The rebels have captured several Ukrainian border points.

Last week he was denied bail, essentially meaning he would remain in a Russian prison at least until an October trial — and possibly much longer.

 

Sentsov’s case brings into uncomfortable focus what happens when filmmakers and other artists are caught up in a political movement, despite and at times even because they hold a higher profile than average citizens.

“Only the ruling and vicar bishops of the Ukrainian Orthodox Church will take part in the Council of Bishops of the UOC on August 13.”

 

 The U.S. has accused Russia of funneling weapons to Ukrainian rebels, who continue to control key cities. U.S. President Barack Obama’s administration imposed new sanctions on large Russian banks, energy companies and defense firms

 

 

Ukrainian President Petro Poroshenko signed a law that grants the ATO participants the status of Combatants. This is a small part of what Ukraine owes its heroes. But this very issue has with justification caused some resonance in Ukrainian society for a long time. Justice has prevailed.

 

The noted Standard Bank economist says: “The fact that such prominent companies as VEB, Gazprombank, Novatek and Rosneft are being sanctioned suggests that the US administration is deadly serious about sending a clear message to Moscow not to mess with Ukraine and to stop intervening directly in Ukraine.”

The European Court of Human Rights has ordered Russia to release from custody Khaiser Dzhemilev, son of the Crimean Tatar leader and Ukrainian MP, Mustafa Dzhemilev.

Polish Radio cites Father Mykola Pilecki who says that Father Viktor was taken hostage at a checkpoint coming into Horlivka on Tuesday.   

 

The absence of a decision on sanctions will only confirm Russia’s propaganda accusations of a double standard in the West. This will be a manifestation of cowardice — when values mean nothing, and (economic) interests everything.

 

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