Coronavirus: Unemployment Continues to Worsen Worldwide

Unemployment continues to worsen worldwide due to coronavirus. According to the US Department of Labor, in the United States alone, 6.6 million Americans applied for assistance during the end of March. This figure is twice the number of applicants in the previous week. It is estimated that a total of 10 million Americans applied for unemployment assistance in the second two weeks of March.

MH17 Crash Trial Begins in Netherlands

July 17 is a day which lives in infamy for many Dutch people. It was on this day that Malaysia Airlines Flight 17 from Amsterdam to the Malaysian capital, Kuala Lumpur, was destroyed over Ukraine in a ground-based rocket attack by a Russian Buk surface-to-air missile, killing all 298 people onboard. Most of the victims were Dutch citizens, which is why the trial, that began Monday, is being held in Amsterdam.

Will Yukos Shareholders Ever See $50 billion from Russia?

Last week, the Hague Court of Appeal stated Russia is responsible for paying $50 billion to former Yukos Shareholders. OJSC “Yukos Oil Company” was an oil and gas company based in Moscow, Russia. Yukos was acquired from the Russian government by Russian oligarch Mikhail Khodorkovsky’s Bank Menatep during the controversial “loans for shares” auctions of the mid 1990s.

Russia Won the Battle for Stolichnaya Vodka in a Landmark Case in the Netherlands

Stolichnaya is a vodka made of wheat and rye grain. A well-known Soviet brand, the ownership of Stolichnaya has been disputed since the dissolution of the Soviet Union between Russian state-owned company FKP Soyuzplodimport and SPI Group, a private company founded and owned by Russian billionaire Yuri Shefler.

The court battle for the brand has been ongoing for 20 years and the final decision has been made. According to the Supreme Court of Netherlands, billionaire Yuri Shefler will have to repay all his profits from vodka sales for the period of over 20 years.