Section: Latest news

      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...

      Ukrainian farmers gather almost 38 mln tonnes of grain
      Aug15

      Ukrainian farmers gather almost 38 mln tonnes of grain

      Ukrainian farmers had threshed 37.8 million tonnes of early grain and leguminous croups from 9.6 million hectares (ha), which is 99% of the target, by August 15, 2016, according to the Ukrainian Agrarian Policy and Food Ministry`s press service. The average yield capacity is 3.94 tonnes per ha, the ministry said. Farmers harvested 26.4 million...

      Why Putin Turns the Heat Up on Ukraine Now
      Aug15

      Why Putin Turns the Heat Up on Ukraine Now

      Russian President Vladimir Putin may be preparing a new offensive in Ukraine. Russia has prepared an excuse for a military incursion to connect Crimea with rebel-held areas of the Donbas in eastern Ukraine. Fighting along the corridor has already heated up; the Ukrainian military reports that on the night of August 8 more than 200 artillery and...

      Ukraine`s GDP sees annual growth of 1.3% in 2Q 2016
      Aug15

      Ukraine`s GDP sees annual growth of 1.3% in 2Q 2016

      Ukraine`s gross domestic product in the second quarter of 2016, when seasonally adjusted increased by 0.6%, as compared to the previous quarter, after a 0.7% decline, according to the State Statistics Service of Ukraine. In annual terms, the growth of Ukraine`s GDP in the second quarter of 2016 accelerated to 1.3% year-over-year, after an...

      EU Delegation concerned by incomplete launch of e-declaration system in Ukraine
      Aug15

      EU Delegation concerned by incomplete launch of e-declaration system in Ukraine

      The EU Delegation to Ukraine says it is concerned by the incomplete launch of the e-asset declaration system in Ukraine. ”We are very disappointed and concerned by the incomplete launch of the electronic asset declaration system by the NAPC [National Agency for Prevention of Corruption] last night, without the necessary certification,” the EU...

      Ukraine reports 1 soldier wounded in past 24 hours
      Aug15

      Ukraine reports 1 soldier wounded in past 24 hours

      One Ukrainian soldier was wounded in fighting in eastern Ukraine in the past 24 hours, according to presidential spokesman for ATO issues Oleksandr Motuzianyk. ”There was one wounded in action (WIA),” Motuzianyk said at a briefing in Kyiv on Monday, a UNIAN correspondent reported. According to Motuzianyk, the soldier was wounded in the Avdiyivka...