A tense situation prevails in the Belarusian capital of Minsk after a series of political and economic events placed unusual pressure on the Lukashenka regime. These include an unresolved terrorist attack on April 11, a new crackdown on opposition figures, a 20 percent rise in... MORE

Ukraine has launched talks to revise the January 2009 gas contract with Russia according to which the base price was hiked from $179 to $450 per 1,000 cubic meters of gas. Kyiv hopes the contract will be revised by the end of the summer. Ukraine’s... MORE

International donors committed a total of some 550 million Euros ($790 million) for the Chernobyl Shelter Facility (CSF) fund at the donor conference in Kyiv on April 19. Although this is less than the Ukrainian government originally hoped to raise, it is still an achievement... MORE

Ukrainian authorities have launched a fresh criminal investigation against former Prime Minister, Yulia Tymoshenko, along with the criminal prosecution of Oleh Dubyna, head of Naftohaz Ukrainy under Tymoshenko’s premiership. Both are charged with exceeding their powers and inflicting massive economic damage on Ukraine by concluding... MORE

Ukraine’s leadership has left Moscow’s invitation to join the Russia, Belarus and Kazakhstan Customs Union unanswered even after Russian Prime Minister Vladimir Putin personally traveled to Kyiv to advertise its benefits. Instead, Putin was told once more that the problem of expensive Russian gas is... MORE

Undermining their own negotiating position, Ukraine’s top leaders sound desperate for a price discount on Russian gas, and hurriedly offer pre-emptive concessions to Moscow. On April 21 President, Viktor Yanukovych, declared, “Ukraine cannot afford this [current] price. The situation is on the edge. Our industry... MORE

On April 11, at around 6:00 pm local time, a bomb exploded at the Kastrichnitskaya (October) Metro Station in central Minsk, killing some commuters instantly, injuring over 200 others, and causing mayhem. It represents the first genuine terrorist act to be reported by the Belarusian... MORE

Ukrainian President, Viktor Yanukovych, and his team have admitted their helplessness in fighting corruption. While Yanukovych complained in his state-of-the-nation address that corrupt officials torpedoed his reform efforts last year, his chief financial inspector accused unnamed members of the current executive of corruption in a... MORE

On April 7 in Moscow, Russian and Belarusian officials on the Commission on Common Economic Space discussed the latter’s request for another loan from Russia of around $1 billion. Belarus has also requested $2 billion from the Anti-Crisis Fund of the Eurasian Economic Community (also... MORE

Expectations raised by Russia’s Foreign Affairs Minister, Sergei Lavrov, about re-starting negotiations to resolve the Transnistria conflict, have shattered on both counts: process and substance. Transnistria’s Moscow-installed authorities have defiantly contradicted Lavrov, with apparent impunity. Moscow has quickly backtracked, and Tiraspol has aborted the attempt... MORE