Tuesday November 19, 2019
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Talks With IMF To Lower Natural Gas Price, The New President in Ukraine Takes Charge

The government raised gas prices by nearly a quarter in October, allowing it to secure a new $3.9 billion stand-by aid agreement with the IMF.

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Ukrainian President-elect Volodymyr Zelens
Ukrainian President-elect Volodymyr Zelens. RFERL

Ukrainian President-elect Volodymyr Zelenskiy has called on the country’s government and the state energy firm Naftogaz Ukrainy to hold talks with the International Monetary Fund (IMF) in order to lower the household price for natural gas from May 1.

The IMF, which is helping Ukraine with a multibillion-dollar loan program, has said it wants to see Ukraine set natural gas prices at their market level.

But Zelenskiy, who has yet to take office but won a landslide election victory on April 21, said in a statement on April 24 that he wants prices to be lower.

“Let’s not just in words, but in deeds show that we can take decisions in people’s interests,” the statement on the Zelenskiy team’s Facebook page said.

“For the past four months, gas prices in Europe have been decreasing and now the price of gas for the population in Ukraine is higher than the price of gas on the European market,” it said.

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“Let’s not just in words, but in deeds show that we can take decisions in people’s interests,” the statement on the Zelenskiy team’s Facebook page said. Pixabay

The statement warned that neighboring Russia could limit energy supplies to Ukraine from June 1, and that Moscow may take steps to halt gas transit through Ukraine altogether at the start of 2020 — a move it said would result in significant financial losses and gas supply risks.

“These challenges require us to take effective and fast action,” the statement said.

An IMF spokesman was not immediately available to comment.

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The IMF, which is helping Ukraine with a multibillion-dollar loan program, has said it wants to see Ukraine set natural gas prices at their market level. Pixabay

Prime Minister Volodymyr Hroysman said in March that he would urge Ukraine’s Finance Ministry and Naftogaz to start talks with the IMF to try to prevent any future rise in gas tariffs.

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The government raised gas prices by nearly a quarter in October, allowing it to secure a new $3.9 billion stand-by aid agreement with the IMF.

Gas prices were due to rise by 15 percent again from May 1. But earlier this week the government and Naftogaz agreed to a slight decrease in tariffs. (RFERL)

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Spying Charges On 2 Ex-Twitter Employees for Saudi Arabia

2 former twitter employees were charged with spying for Saudi Arabia

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Spying for Saudi Arabia
Two former Twitter employees have been charged with spying for the Saudi Arabia government. Pixabay

Raising concerns that American technology firms might be exposed to foreign governments, two former Twitter employees have been charged with spying for the Saudi Arabia government and the Kingdom’s royal family, according to the US Justice Department.

The two former Twitter staffers, Ali Alzabarah, a Saudi national and Ahmad Abouammo, a US citizen, used their access at the micro-blogging giant to gather sensitive and non-public information on dissidents of the Saudi regime, the Justice Department said in a criminal complaint.

The case, unsealed in San Francisco federal court, underscores allegations the Saudi government tries to control anti-regime voices abroad. It also recalls a move reportedly directed by the country’s controversial leader to weaponise online platforms against critics, CNN Business reported on Thursday.

Spying
A US citizen, used their access at the micro-blogging giant to gather sensitive and non-public information on dissidents of the Saudi regime. Pixabay

One of the two people is reportedly an associate of Saudi Crown Prince Mohammed bin Salman — who the CIA has concluded likely ordered the assassination of journalist Jamal Khashoggi in Istanbul last year.

“The criminal complaint unsealed today alleges that Saudi agents mined Twitter’s internal systems for personal information about known Saudi critics and thousands of other Twitter users,” US Attorney David Anderson said in a statement.

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Another man, named Ahmed Almutairi, who is also from Saudi Arabia, allegedly acted as a go-between to the two Twitter staffers and the Saudi government, which according to the complaint rewarded the men with hundreds of thousands of dollars and, for one man, a luxury Hublot watch, the report added. (IANS)