Ukrainian Prime Minister Yulia Tymoshenko announced on June 10 that three banks will be bailed out. The state will take over stakes ranging from 84-98 percent in the mid-size banks Rodovid, Ukrgazbank and Kyiv. The government does not plan to keep the banks permanently. They... MORE

A well-known religious figure and former republican deputy prime minister have been killed in the latest wave of violence in Ingushetia, in which several soldiers and policemen have also been killed and wounded.On June 16, Kavkazsky Uzel quoted sources in Ingushetia's Interior Ministry as saying... MORE

In his speech to the World Grain Forum in St. Petersburg on June 6, Russian President Dmitry Medvedev pledged that the country will double its grain production by bringing back into use some 20 million hectares of farmland that "has not been ploughed since the... MORE

On June 16 U.N. Secretary-General Ban Ki-moon saw himself compelled to order the United Nations Observer Mission in Georgia (UNOMIG) to cease operations immediately, after 16 years of existence (Secretary-General's office press release, June 16). That same day (late on July 15 New York time)... MORE

Turkish involvement in Pakistan and Afghanistan has mainly developed as a result of Ankara's own initiatives. Recently, however, the U.S. requested that Turkey enhance its security assistance to Afghanistan and Pakistan. The Chairman of the Joint Chiefs of Staff Admiral Mike Mullen, asked the Turkish... MORE

On June 12 hundreds of protesters in the Elbrus district of Kabardino-Balkaria blocked the highway that connects this mountainous resort region with the republic's lowlands. The protestors were current and former tourist industry employees demanding shares in a tourist company, a just distribution of land... MORE

The failings of the Russian military modernization program are providing an additional source of discontent among the opponents of reform and within the government. On June 1, during a government session Russian Prime Minister Vladimir Putin publicly criticized Defense Minister Anatoly Serdyukov, the Chief of... MORE

Russia's national day had all the necessary flags in the streets and a reception in the Kremlin, but few Russians see the point in celebrating the "Declaration on State Sovereignty" approved by the Congress of People's Deputies on June 12, 1990. That act delivered a... MORE

Russian President Dmitry Medvedev clarified that Armenia signed without conditions, but it was Uzbekistan that registered multiple objections and reservations at the Collective Security Treaty Organization's (CSTO) summit in Moscow on June 14 (EDM, June 15). The seven heads of state were scheduled to approve... MORE

On June 12, the liberal left Taraf daily triggered a political crisis in Ankara. Taraf claimed to have uncovered a four-page unclassified document, detailing an alleged action plan for the military to combat the "reactionary activities" against secularism. It was allegedly prepared by a colonel... MORE