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Section: Latest news

    Fitch affirms 5 Ukrainian foreign-owned banks
    Jun17

    Fitch affirms 5 Ukrainian foreign-owned banks

    Fitch Ratings has affirmed the Long-Term Foreign Currency Issuer Default Ratings (IDRs) of five Ukrainian foreign-owned banks, namely PJSC Alfa-Bank (ABU), Ukrsotsbank (Ukrsots), ProCredit Bank (Ukraine) (PCBU), PJSCCB Pravex-Bank (Pravex) and PJSC Credit Agricole Bank (CAB) at `CCC`, according to Fitch statement. All five banks` IDRs and...

    Crude oil rises for first time in seven days
    Jun17

    Crude oil rises for first time in seven days

    Crude oil prices rose in early Asian trade on Friday for the first time in seven days as markets took a breather from concerns about the impact of Britain`s possible exit from the European Union, Reuters reported.Brent crude futures were up 38 cents, or 0.8%, at $47.57 a barrel at 0143 GMT after slumping 3.6% in the previous session, according to...

    WSJ: U.S. State Department officials call for strikes against Syria`s Assad
    Jun17

    WSJ: U.S. State Department officials call for strikes against Syria`s Assad

    Dozens of State Department officials this week protested against U.S. policy in Syria, signing an internal document that calls for targeted military strikes against the Damascus government and urging regime change as the only way to defeat Islamic State, according to The Wall Street Journal (WSJ).The ”dissent channel cable” was signed by 51 State...

    Ukraine furious over remarks on Russia by UN chief Ban
    Jun16

    Ukraine furious over remarks on Russia by UN chief Ban

    The Kyiv government is outraged by remarks made by United Nations Secretary-General Ban Ki-moon about the crucial role Russia can play in ending conflicts, Ukraine`s Ambassador to UN Volodymyr Yelchenko said on Thursday, according to Reuters.Ban`s prepared speech for the St. Petersburg International Economic Forum said Russia ”has a critical role...

    Ukraine may get IMF funds in two parts: economic adviser Miklos
    Jun16

    Ukraine may get IMF funds in two parts: economic adviser Miklos

    Ukraine`s fiscal and balance of payments pressures should ease if the country receives at least $1 billion worth of International Monetary Fund support this year as it gets its reform efforts back on track, the Ukrainian government`s top economic adviser said, according to Reuters.Ivan Miklos, senior economic adviser to new Prime Minister...

    After Marseille Europe can understand Russian hybrid methods used in Ukraine – military expert
    Jun16

    After Marseille Europe can understand Russian hybrid methods used in Ukraine – military expert

    Ukraine Today sits with Ukrainian military expert Mykhailo Samus to discuss possible links between Moscow`s shady tactics and recent clashes of football fans in France.”When Ukrainian police tried to find the persons responsible for the explosions in Odessa or Kharkiv, the majority of these guys were connected to the Russian secret services....

    Economic sanctions against Russia to be extended before EU summit – Tusk
    Jun16

    Economic sanctions against Russia to be extended before EU summit – Tusk

    The European Union will extend economic sanctions against the Russian Federation even before the start of the Summit of EU leaders, says President of the European Council Donald Tusk, Europeiska Pravda reported.”I think that today the situation is very clear …  we need to link the sanctions against Russia with the completing the Minsk...

    Sarcozy says Russia should lift sanctions first
    Jun16

    Sarcozy says Russia should lift sanctions first

    Former French President Nicolas Sarkozy urged Russian President Vladimir Putin to take the first step in lifting sanctions by starting to remove retributive barriers Russia imposed against food imports from the European Union, according to Bloomberg.”I told Putin to make this offer — there`s no risk in being the first to make a gesture of...

    Prozorro helps save UAH 217 mln of budget funds
    Jun16

    Prozorro helps save UAH 217 mln of budget funds

    Cost savings due to a Prozorro electronic public procurement system in May amounted to UAH 217 million with 16,400 tenders held, according to the system`s website.The number of organizers of trading in May was 2,900, with the average number of bidders at 2.48.The rating of customers in May was topped by the Kyiv City State Administration with...

    Switzerland withdraws application to join EU
    Jun16

    Switzerland withdraws application to join EU

    The Swiss parliament on Wednesday voted to officially withdraw the country`s dormant application to join the European Union, according to POLITICO.Following a vote in the lower house, the government will now tell the EU to ”consider [the application] as withdrawn,” Swiss Foreign Minister Didier Burkhalter was quoted as saying by the Neue Zurcher...

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