Ecuador police calls teens, parents to beware of ‘Blue Whale’ suicide challengeSociety & Culture April 28, 8:00
China to begin construction of its own orbital station in 2019Science & Space April 28, 7:48
Syrian troops retake major gas field near Palmyra — mediaWorld April 28, 7:06
French giants Auchan, Peugeot face prosecution in Ukraine over work in CrimeaBusiness & Economy April 28, 6:13
White House boasts it ‘isolated Russia’ at UNWorld April 28, 6:07
St Petersburg’s landmark cathedral to get patriarchal statusSociety & Culture April 28, 3:07
Russians to be proud of its F1 racer Daniil Kvyat - Toro Rosso principalSport April 28, 3:02
Moscow holds first night rehearsal of Victory Day ParadeMilitary & Defense April 28, 1:18
Russia’s Kvyat expects full-house attendance at 2017 F1 Russia GP in SochiSport April 28, 1:14
SIMFEROPOL, January 21. /TASS/. Crimea will nationalize the republic's Interbank Currency Exchange (ICEC). The move was authorized on Tuesday in a unanimous vote at a special session of the State Council.
The move follows nationalization of one of the largest energy companies in Crimea, Krymenergo. The republic's head, Sergey Aksyonov, told parliament lawmakers that the decision was of value to the region's people and urging them not to heed Ukrainian allegations of “violating some commitments”.
"All of us understand the need for this process despite continuous allegations of non-transparency and violation of commitments made by our opponents," he said. "We believe that Ukraine is doing just the same, particularly when deciding to recover property divested by those close to its ex-president.”
ICEC's establishment in 1995 was initiated by leading Crimean commercial banks. Fifteen banks and Ukrainian financial institutions were founder members. The organisation is tasked with trading and closing of foreign exchange sale and purchase agreements between exchange members, transfer of trading information to the clearing bank for forex payments and foreign exchange rate fixing.