Section: News & Summaries

      NBU cuts official exchange rate to UAH 25.13 to dollar
      May28

      NBU cuts official exchange rate to UAH 25.13 to dollar

      The National Bank of Ukraine on Friday evening lowered the official hryvnia exchange rate by four kopiykas, bringing the national currency to UAH 25.13 to the dollar.The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for May 30:$100 costs UAH 2,513.6025 (on May 27, it was UAH...

      Poroshenko lifts sanctions from 29 foreign journalists
      May27

      Poroshenko lifts sanctions from 29 foreign journalists

      Ukrainian President Petro Poroshenko has lifted sanctions from 29 foreign journalists, having enacted a National Security and Defense Council (NSDC) resolution dated May 20, 2016, on certain personal special restrictive measures (sanctions), according to the presidential administration.”Annex 1 to an NSDC September 2, 2015, resolution on special...

      OSCE patrol comes under fire near Avdiyivka – Hug
      May27

      OSCE patrol comes under fire near Avdiyivka – Hug

      Principal Deputy Chief Monitor of the OSCE Special Monitoring Mission (SMM) to Ukraine Alexander Hug has said that an OSCE patrol team came under fire from small arms in the early afternoon on Friday, according to an UNIAN correspondent.During a video briefing from Donetsk region, he said that the OSCE patrol came under fire while monitoring the...

      Former NATO chief Rasmussen to consult Poroshenko
      May27

      Former NATO chief Rasmussen to consult Poroshenko

      Ukrainian President Petro Poroshenko has appointed former NATO Secretary General Anders Fogh Rasmussen as his freelance consultant.Presidential decree No. 225/2016 dated May 27, 2016, was posted on the presidential website.”To appoint Anders Fogh Rasmussen as advisor to the Ukrainian President on a freelance basis (upon consent),” the decree...

      Ukraine slaps sanctions against Russian media executives for propaganda
      May27

      Ukraine slaps sanctions against Russian media executives for propaganda

      Ukrainian President Petro Poroshenko has signed a decree to enact a National Security and Defense Council resolution dated May 20, 2016, on imposing personal sanctions against 17 Russian media executives engaged in broadcasting propaganda.These special personal economic and other restrictive measures (sanctions) against individuals who pose real...

      Russian PM wants embargo on food imports to be extended by 2018
      May27

      Russian PM wants embargo on food imports to be extended by 2018

      Russian Prime Minister Dmitry Medvedev has instructed the government to prepare proposals extending an embargo on food imports until the end of 2017, according to Russian news agency TASS.”I asked to draft proposals on extension of response measures not by one year, but until the end of 2017. An address to the president and the government decree...

      Bloomberg: Ukraine says Russian aggression means it can`t repay $3 bln
      May27

      Bloomberg: Ukraine says Russian aggression means it can`t repay $3 bln

      Ukraine said that a Russian campaign of aggression and economic sanctions, including the occupation of the Crimean peninsula, made it impossible to repay a $3 billion bond at the center of a London lawsuit, according to Bloomberg.Ukraine was under ”massive, unlawful and illegitimate economic and political pressure” to take financial support from...

      Reuters: Turkey tourist arrivals see biggest drop in 17 years
      May27

      Reuters: Turkey tourist arrivals see biggest drop in 17 years

      The number of foreign visitors to Turkey fell by 28% in April, official data showed on Friday, the biggest drop in 17 years amid tensions with Russia and security concerns after a wave of bombings, according to Reuters.The decline signals more pain for Turkey`s economy, which is smarting from slowing exports and weak private investment. Some...

      Ukraine marks 5 mths without Russian gas
      May27

      Ukraine marks 5 mths without Russian gas

      First Deputy Minister of Economic Development and Trade Yuliya Kovaliv says Ukraine has not purchased natural gas from Russia`s gas monopoly Gazprom for more than five months, as it is more profitable to have gas supplied from the European market.”Currently, everything Naftogaz does is being determined from a commercial standpoint: it buys gas...

      Russian Rep. to OSCE: Deployment of police mission in Donbas not coordinated yet
      May27

      Russian Rep. to OSCE: Deployment of police mission in Donbas not coordinated yet

      The issue of arming observers of the OSCE Special Monitoring Mission (SMM) or deploying a police mission in Donbas has not been coordinated yet, Russian Permanent Representative to the OSCE Alexander Lukashevich said on Friday, according to TASS.”The issue of arming SMM observers or deploying a police mission in Donbas has not been coordinated...