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‘Ukraine is bankrupt’ – Moscow

Ukraine has lost its financial independence as it cannot meet its obligations to its citizens without Western help, Russian State Duma Speaker Vyacheslav Volodin wrote on Monday. Taking to Telegram, Volodin claimed that “collected taxes form only 40% of the country’s budget,” more than 60% of which covers military spending. …

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Is the plan to bankrupt Russia working?

Economic coercion is the West’s favourite tool to influence Russian behaviour. But with oil prices rising, Russia’s economy growing, and the West backing off from pledges to exclude Russia from SWIFT, this policy seems to have reached a dead-end. In 2014, the Russian economy was struck by a double-whammy. First, the …

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Facebook is too powerful, morally bankrupt and in need of government oversight, ‘whistleblower’ Haugen tells Senate

Fresh off the ‘60 Minutes’ interview on Sunday and sporting a Twitter verification in record time, Haugen testified on Tuesday before a Senate subcommittee chaired by Richard Blumenthal (D-Connecticut). “Facebook’s products harm children, stoke division, and weaken our democracy,” Haugen told the senators.  Haugen accused Facebook of putting “profit over …

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Ukraine is bankrupt another Bank

NBU declared insolvent “Bank Boguslaw”. The national Bank of Ukraine (NBU) has recognized the PJSC “Bank Boguslav” insolvent. The decision was made today, November 6, reports the press service of the national Bank. Earlier the management of “Bank Boguslav” filed in the NBU plan for the implementation of certain activities …

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NBU declared bankrupt another Bank

The national Bank declared insolvent the Dnieper Bank. The national Bank of Ukraine (NBU) took PJSC joint-stock commercial Bank insolvent. This was reported today by the NBU. The corresponding decision №441-RSH/BT took the NBU Board on July 13. 26 June 2017, the extraordinary General meeting of shareholders of the Bank …

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