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 ...

Aug 29, 2014

Poroshenko says Russian troops have entered Ukrainian territory

Ukrainian President Petro Poroshenko said Thursday that Russia has moved troops and heavy artillery over the border into the territory of Ukraine and he has canceled his planned visit to Turkey. Russia’s Interfax news service said the Russian Defense Ministry denies Moscow sent military ...

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 ...

Ukraine says detained Russian soldiers were on 'special mission'

Aug 26, 2014

Ukraine says detained Russian soldiers were on 'special mission'

Ukraine said on Tuesday its forces had captured a group of Russian paratroopers who had crossed into Ukrainian territory on a “special mission” — but Moscow said they had ended up there by mistake. The Ukrainian military meanwhile reported pro-Russian separatist forces were shelling ...

Weapons convoys seen rolling in eastern Ukraine

Aug 26, 2014

Weapons convoys seen rolling in eastern Ukraine

For several evenings this month, convoys of military weaponry passed with clockworklike regularity through Krasnodon, a rebel-held town in eastern Ukraine near the porous border with Russia. The convoys were seen three times last week by Associated Press reporters, and one of them carried ...

Aug 26, 2014

Ukrainian president dissolves parliament

Ukraine’s president on Monday dissolved parliament and called for early elections in October as his country continues to battle a pro-Russian insurgency in its eastern regions. In a statement on his website, President Petro Poroshenko said snap elections would be held Oct. 26. Poroshenko ...

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 ...