Russian fund bypassed by U.S. sanctions

Aug 29, 2014

Russian fund bypassed by U.S. sanctions

by Jeff Horwitz

As President Barack Obama warns of stepped-up economic punishments against Russia for its military incursions inside Ukraine, U.S. sanctions have so far avoided one prominent financial institution: the $10 billion Russian Direct Investment Fund (RDIF), which has partnered with brand-name American companies and whose ...

Battle for key southeast coast heats up in Ukraine

Aug 28, 2014

Battle for key southeast coast heats up in Ukraine

The battle for Ukraine’s strategic coastline heated up Wednesday as a local mayor reported that pro-Russian rebel forces entered a key town in southeast Ukraine after three days of heavy shelling. Novoazovsk, a resort town of 40,000 on the Sea of Azov, lies in ...

Poroshenko to seek cease-fire after ‘very tough’ talks with Putin

Aug 27, 2014

Poroshenko to seek cease-fire after ‘very tough’ talks with Putin

Ukrainian President Petro Poroshenko promised after late-night negotiations with Russia’s Vladimir Putin to work on an urgent cease-fire plan to defuse the separatist conflict in the east of his former Soviet republic. The first talks between the two leaders since June were described by ...

Russian tank column has entered southeast Ukraine: Kiev

Aug 26, 2014

Russian tank column has entered southeast Ukraine: Kiev

A column of Russian tanks and armored vehicles entered southeastern Ukraine around dawn Monday, a Ukrainian official said — a move that brings the conflict to an area that has so far escaped the intense fighting of recent weeks. The reported incursion came a ...

Ukraine celebrates independence day as rebels parade captives

Aug 25, 2014

Ukraine celebrates independence day as rebels parade captives

As armored vehicles rumbled through downtown Kiev in an ostentatious celebration of Ukraine’s independence, pro-Russian rebels who are battling government forces in the east paraded captured soldiers down the besieged streets of Donetsk and displayed charred wreckage of destroyed Ukrainian tanks. Sunday’s rival demonstrations ...

U.S. says Russia must pull convoy from Ukraine or face more sanctions

Aug 23, 2014

U.S. says Russia must pull convoy from Ukraine or face more sanctions

The United States on Friday demanded Moscow remove an aid convoy it has sent into rebel-held eastern Ukraine without permission, accusing Russia of a flagrant violation of the sovereignty of its former Soviet neighbor and threatening more sanctions. Moscow, which has thousands of troops ...