Ukrainian Finance Minister Natalie Jaresko doesn't rule out the country failing to make a $120 million coupon payment on July 24 and default. A Goldman Sachs analyst made the forecast on Wednesday. Ukraine could theoretically default next month, as in May the country’s parliament adopted a law allowing a moratorium on foreign debt repayments. [...]

The IMF moving away from supporting Greece while remaining eager to underwrite bankrupt Ukraine underlines the dramatic collapse in EU power. It’s probably because it rolls off the tongue more easily. The phrase ‘poker face,’ I mean. The serious exponents of the art of never giving away the slightest facial tic must surely be synchronized swimmers. [...]

Moscow is expecting Kiev to clarify whether the latter is going to honor Ukraine's international commitments made by the previous authorities, including the $3 billion debt to Russia, after President Poroshenko dubbed it a "bribe" to Viktor Yanukovich. “In the first place, we are expecting some kind of explanations on whether the current Ukrainian authorities are planning to reject their stat [...]

Artillery shells have hit a local market in the north-western district of Donetsk, a city in eastern Ukraine. At least one person has been wounded, according to the head of the district's administration aligned with Donbass rebels. RT's Ilya Petrenko was on the scene at the spot which came under attack. [...]

A massive march took place in the streets of Kiev to protest against the policies of the current Ukrainian government, calling for its resignation and economic reforms. According to TASS news agency, up to 3,000 people took to the streets in Kiev on Saturday to protest against lack of reform and economic instability. [...]

There is frustration among Western leaders with Kiev's failure to make peace efforts and implement the Minsk agreements, Russian Ambassador to the UN Vitaly Churkin told the UN Security Council meeting on Ukraine on Friday. The Security Council gathered on Friday to call for the full implementation of the agreements reached in Minsk on February 12 amid escalating tensions between the conflictin [...]

The timing of the new tensions in Donbass, provoked by the Kiev forces, is connected with the upcoming EU summit, Kremlin spokesman Dmitry Peskov said. He added that Kiev has breached the Minsk deal and Moscow is waiting for the OSCE's reaction. "The violations are obvious and [Foreign] Minister [Sergey] Lavrov has already said that the representatives of the OSCE are to draw corresponding conc [...]

The US and its Western allies are well aware of all the ceasefire violations in eastern Ukraine but, deliberately turn a blind eye to Kiev's actions, hackers said after obtaining the emails of top Ukrainian official overseeing the truce. The anti-Kiev hacktivist group, CyberBerkut, claims to have hacked the emails of Major-General Andrey Taran, Chief of the Joint Centre for Ceasefire Control an [...]

Kiev will nationalize Russian overseas property as compensation for the losses over Crimea's reunification with Russia, Ukraine's Deputy Minister of Justice Natalia Sevostyanova said. The decision is now up to the European Court of Human Rights. Ukraine will be able to use this effective instrument if the European Court of Human Rights rules in favor of Kiev, Sevostyanova told “Channel 5,” [...]

Russia will appeal to the International Court of Justice if Ukrainian President Petro Poroshenko signs a moratorium on the payment of Ukraine's external debt into law and fails to pay its debt to Russia, said Russian Finance Minister Anton Siluanov. Siluanov said Ukraine was virtually defaulting on its debt, adding that Russia doesn’t yet have grounds to lodge any claims. [...]

Victoria Nuland arrived in Moscow last weekend and declared that Ukraine's government doesn't intend to resume the civil war. Either Nuland was being mendacious or President Poroshenko is on a dangerous solo-run. It’s all gone Lethal Weapon. Not in the sense of munitions, although some of those are definitely in play, but rather the movie series. [...]

The US has bought the Kiev government, trained its troops and has been sending equipment to Ukraine, said Daniel McAdams, executive director of the Ron Paul Institute.It would be naïve to assume that the US has backed off on the situation. At least one civilian has been killed in the shelling of Donetsk which is an apparent violation of the ceasefire reached under the Minsk agreement. [...]

At least one civilian has been killed in the eastern Ukrainian city of Donetsk after an army shell hit an apartment building amid intense fire on rebel positions. An RT correspondent says the city has seen one of its worst shellings in months. “There was fire, shelling for about two hours and it was almost non-stop…blast after blast, you could feel the vibrations from the explosions, kilome [...]

Ukraine's government has submitted to parliament a bill allowing the introduction of a moratorium on foreign debt payments. This is to protect state assets in case of an "attack" from dishonest lenders, and to help the ailing economy out of crisis. "To protect the interests of the Ukrainian people, the Ukrainian government today has introduced to the Rada a bill that would give the government t [...]

One year into the Ukrainian crisis, Washington reveals a desire to jump on the bandwagon of the Minsk peace accords - brokered by France and Germany. Not bad news, after all, but when it comes from Victoria Nuland... News that US Secretary of State John Kerry flew to Sochi to meet with Russian Foreign Minister Lavrov and President Putin came as only a small surprise this week. [...]

Ukrainian nationalists accused of having links to Nazi Germany have been legalized, praised as freedom fighters and granted social benefits in legislation signed by president Poroshenko as part of so-called "de-communisation" package of laws. Such paramilitary groups as Organization of Ukrainian Nationalists (OUN) and the Ukrainian Insurgent Army (UPA), as well as other underground groups that [...]

You really couldn't make it up, could you? Serial warmonger and unsuccessful US Presidential candidate Senator John McCain has been offered a post as an adviser to Ukraine's "Chocolate King" President Petro Poroshenko. He was supposed to join other neocon rejects such as Georgia’s fugitive ex-President (and famous tie-eater) Mikhail Saakashvili and the ex-Swedish Prime Minister Carl Bildt. [...]

German Foreign Minister Frank-Walter Steinmeier says there has been a serious breakthrough in fulfilling the Minsk peace roadmap in Ukraine. Despite any difficulties encountered, he says, the participants must press on with implementing the deal. Steinmeier was speaking at a meeting of NATO member states diplomats in Antalya, Turkey. [...]

John Kerry's Sochi meetings with Vladimir Putin and Sergey Lavrov hardly dissolved years of mistrust between Washington and the Kremlin. However, they probably signaled the end of Ukraine’s period as a global cause célèbre. In 1968, at an art exhibition in Stockholm’s Moderna Museet, the celebrated artist Andy Warhol was the star attraction. [...]