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Section: Latest news

    USDA raises grain yield forecast for Ukraine
    Aug16

    USDA raises grain yield forecast for Ukraine

    The U.S. Department of Agriculture (USDA) has increased its forecast for the grain yield in Ukraine in the current market year of July 2016 through June 2017 by 4.5%, compared to the July forecast, to 64.1 million tonnes, according to a posting on the agency`s website. In August, the USDA increased its forecasts for wheat production in Ukraine in...

    Russia actively increasing number of weapons in Crimea: Ukraine intel
    Aug16

    Russia actively increasing number of weapons in Crimea: Ukraine intel

    Active militarization of occupied Crimea is currently underway, representative of the Main Intelligence Department of Ukraine`s Defense Ministry Vadym Skibytskiy said on Ukraine TV Channel 5, according to the RBC Ukraine news agency. ”Active militarization of occupied Crimea is ongoing and new weapons systems and military equipment, which come...

    Reuters: Oil prices dip as traders cash in on two-week price rally
    Aug16

    Reuters: Oil prices dip as traders cash in on two-week price rally

    Oil prices edged away from 5-week highs on Tuesday, with traders cashing in on a 16-percent rally since early August that has largely been fueled by talk of producers taking action to prop up the market, Reuters reported. International Brent crude oil futures were trading at $48.14 per barrel at 8.55 p.m. ET, down 21 cents from their previous...

    Ukraine reports 48 attacks in Donbas in last 24 hours
    Aug16

    Ukraine reports 48 attacks in Donbas in last 24 hours

    Combined Russian-separatist forces attacked Ukrainian army positions in eastern Ukraine 48 times in the past 24 hours, according to the press center of the Anti-Terrorist Operation (ATO) Headquarters. ”The militants actively used mortars, grenade launchers and heavy machine guns on the Ukrainian positions in the Avdiyivka industrial zone, and the...

    EU ready to mediate between Russia, Ukraine
    Aug16

    EU ready to mediate between Russia, Ukraine

    The European Union has announced its readiness to mediate between Russia and Ukraine amid heightened tensions around annexed Crimea and Donbas, a representative of the European Commission said in Brussels on Monday, DW reported citing dpa. The source did not, however, specify what the mediator`s role might entail, but said it was very important...

    Reuters: Flaring Ukraine tensions negative for Russia rating – Moody`s
    Aug16

    Reuters: Flaring Ukraine tensions negative for Russia rating – Moody`s

    Rating agency Moody`s warned that Russia`s credit rating was facing fresh pressure after a resurgence in fighting between pro-Russian separatists and Ukrainian forces in Crimea, Reuters reported. The agency said the tensions could be a blow to Ba1 negative-rated Russia`s economic recovery hopes and that Western sanctions could well be tightened...

    NBU cuts official exchange rate to UAH 25.11 to dollar
    Aug16

    NBU cuts official exchange rate to UAH 25.11 to dollar

    The National Bank of Ukraine on Monday evening lowered the official hryvnia exchange rate by seven kopiykas, bringing the national currency to UAH 25.11 to the dollar. The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for August 16: $100 costs UAH 2,511.5141 (on August 15, it was UAH...

    Ukraine`s consumer confidence index on decline in July
    Aug16

    Ukraine`s consumer confidence index on decline in July

    Ukraine`s Consumer Confidence Index (CCI) declined by 2.6 percentage points (pp.) in July from June, to 50.1, according to GfK Ukraine. ”In July, the index of Propensity to Consume dropped the most, which represents the feeling of insecurity among the consumers regarding the future economic growth. The Index of Inflationary Expectations increased...

    Assange to Snowden: `We don`t contaminate the evidence` of leaked documents – media
    Aug16

    Assange to Snowden: `We don`t contaminate the evidence` of leaked documents – media

    WikiLeaks founder Julian Assange is firing back against critics, including former National Security Agency contractor-turned-whistleblower Edward Snowden, who say the organization`s aversion to selectivity in the information it publishes is dangerous, according to Yahoo! News. ”We don`t contaminate the evidence,” Assange told CNN`s Jake Tapper on...

    Deficit of Ukraine`s foreign trade in goods estimated at almost $700 mln in H1
    Aug15

    Deficit of Ukraine`s foreign trade in goods estimated at almost $700 mln in H1

    Deficit of Ukraine`s foreign trade in goods estimated at almost $700 mln in H1 Goods exports from Ukraine in January-June 2016 fell year-over-year by 10.7%, to $16.623 billion, while goods imports dropped by 5.3%, to $17.306 billion. The ratio of coverage of imports by exports was 0.96 (it was 1.02 in January-June 2015). Ukraine traded with...

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