KYIV – An independent report by the European Union’s (EU) independent outside auditor of finances said the 27-member state body’s reform assistance to Ukraine has proven ineffective “in fighting grand corruption” and establishing the rule of law.
The damning report, published on September 23 by the European Court of Auditors (ECA), stated that the 12.2 billion euros in various forms of assistance and loan guarantees provided to Ukraine since 2014 have “not delivered the expected results.”
KYIV – Two Ukrainian corruption-fighting agencies are reviewing the asset declarations of the president and head of the country’s main counterintelligence agency, as well as the financial transactions of a bank related to them following the biggest leak ever of offshore financial records.
A trove of 12 million files from 14 corporate service providers who cater to clients in financial secrecy jurisdictions was leaked to the International Consortium of Investigative Journalists (ICIJ), which show that 38 Ukrainian politicians use the providers to conceal their wealth and assets. The leak has been dubbed the Pandora Papers.
KYIV – U.S. Sen. Ted Cruz (R-Texas) continued to block the approval of dozens of candidates for positions in the U.S. State Department in an effort to force the administration of President Joe Biden to reverse its decision to waive congressional mandated sanctions on the Nord Stream 2 (NS2) pipeline.
Mr. Cruz said he is intent on defending the interests of Eastern European countries, including Ukraine.
CHICAGO. – In order to emphasize its mission, the Board of Directors of the Ukrainian Catholic Education Foundation has unanimously voted to operate under the name Ukrainian Catholic University Foundation.
“Since we were founded in 1997, our primary purpose has been to support the Ukrainian Catholic University. This change just highlights our mission,” said Taras Szmagala, Jr., the foundation’s board chair.
Amid the third massive leak of offshore account records in the past six years, known as the Pandora Papers, this newspaper urges U.S. President Joe Biden to reinvigorate the Financial Action Task Force (FATF) in line with his campaign promises.
Unlike the previous leaks, in 2016 and the following year, the Pandora Papers – a trove of records received by the International Consortium of Investigative Journalists (ICIJ) – is twice as big in volume (nearly 3 terabytes of data from 14 offshore service providers) as the Panama Papers, which came from one law firm in the murky industry that shelters wealth.
Thirty years ago, on October 11, 1991, Ukraine’s parliament adopted in a closed session a conception of the defense and military forces of Ukraine, which paved the way for debate over a package of seven laws: on the defense of Ukraine, on the military forces of Ukraine, on the Republican Guard of Ukraine, on the state border of Ukraine, on the border troops of Ukraine, on the social and legal protection of military personnel serving on military territory and their families, and on alternative service.
Nearly one year after Joseph Biden was elected president of the United States, it is time to assess the implications of his presidency for Ukraine, the United States and the world.
In November 2020, American Ukrainian voters faced a dilemma. Neither of the candidates was an ideal choice for the office of the president. The only option for the electorate was to choose between the lesser of the two bad choices. Today, with the benefit of hindsight, it is evident that Mr. Biden was the inferior choice.
NEW YORK – Having raised more than $2 million dollars in just 80 days, the family and friends of Dmytro Svichynsky, the Ukrainian boy born with Type 1 Spinal Muscular Atrophy (SMA), saw the baby receive a lifesaving dose of the multi-million-dollar drug Zolgensma at the Children’s Hospital of San Antonio in San Antonio, Texas, on July 15.
CHICAGO – Given that today Ukraine is at the center of political events, attention to the country is continually growing. Cultural diplomacy is one of the most effective methods of enhancing a nation’s reputation and cultural branding. Through culture we confirm Ukraine’s strong artistic position in the world.