Section: News & Summaries
Explosion rocks Odesa Pivdennyi Bank`s building late on Monday
An explosion in the Odesa-based office of Pivdennyi Bank was reported late on Monday evening, according to the press service of the National Police`s main department in Odesa region.”An explosion in the lift shaft of Pivdennyi Bank`s office building was reported to the police at 23:28 local time on April 25. Investigators, canine handlers,...
USA Today: Chornobyl disaster could trigger more cancer, deaths
Three decades after the Chernobyl (Chornobyl in Ukrainian) nuclear power plant exploded and sent a plume of radiation as far away as the United Kingdom, fears remain that the world`s worst nuclear disaster could still trigger cancer, illness and more deaths, according to USA Today.”The total death toll from cancer from the accident is projected...
Kyiv bakery aims at cake markets in U.S., Canada
Kyiv`s largest bread and bakery food producer, Kyivkhlib, plans to launch cake shipments to the United States and Canada in 2016, according to the Stock Market Infrastructure Development Agency of Ukraine (SMIDA).Last year Kyivkhlib exported its dry breads, bagels and pastry foods to Germany, Lithuania, Kazakhstan, Azerbaijan, Georgia, Bulgaria,...
Donors raise about EUR 90 mln for Chornobyl ISF completion
The international donor community raised approximately EUR 90 million at a conference in Kyiv on April 25, 2016, for the completion of the Interim Storage Facility 2 (ISF 2) at the site of the Chornobyl nuclear power plant, which was destroyed in April 1986.”A crucial project at the site of the Chornobyl nuclear power plant can now proceed to its...
U.S. pledges additional $10 mln to ensure Chornobyl safety
The U.S. Department of State announces it marks the 30th anniversary of the Chornobyl disaster by additionally pledging $10 million to ensure ”the safety of future generations” who live in the Chornobyl exclusion zone.”The United States marks this anniversary with a pledge of an additional $10 million to help ensure the safety of future...
Nuland arriving in Kyiv on Monday
U.S. Assistant Secretary for European and Eurasian Affairs Victoria Nuland is arriving in Kyiv on Monday to discuss reforms and the implementation of the Minsk peace accords. ”Assistant Secretary for European and Eurasian Affairs Victoria Nuland will travel from Hannover, Germany, to Kyiv, Ukraine, to meet with senior Ukrainian government...
BBC: Sunday Express wrong to say film claims MH17 was downed by Ukraine
The BBC has criticised the Sunday Express for its claiming a forthcoming BBC2 documentary will say that Malaysian Airlines MH17 was shot down by a Ukrainian jet, according to The Guardian. The Sunday Express ran an article headlined ”Shock claim: Ukrainian fighter jet shot down Malaysia Airlines` MH17” suggesting that the BBC film contradicted...
Naftogaz: Households` gas subsidies in past decade total $53.6 bln
Deputy Chairman of the Board of NJSC Naftogaz of Ukraine Serhiy Konovets announces Ukraine paid $53.6 billion in gas subsidies to households from 2005 to 2015. ”The total sum is about $54 billion in the 10 years,” Konovets said at a round table meeting in Kyiv on Monday. The population paid $10.9 billion for gas in 2005-2015, while the total...
Here’s How to Make Ukraine’s Reforms Irreversible
We live in a time of transformations: today, we decide which Ukraine our children will live in tomorrow. But a new Ukraine will be hard to achieve unless citizens with no connections to the old system take action and begin controlling the government and thinking long-term.In 2013, Ukrainians protested to demonstrate that there was no way back to...
Fitch affirms Naftogaz at ”CCC,” predicts average import price at $200/mcm
Fitch Ratings has affirmed NJSC Naftogaz of Ukraine`s (Naftogaz) Long-term foreign and local currency Issuer Default Ratings (IDR) at ”CCC,” Fitch Ratings said in a press release. ”Naftogaz`s ratings reflect its strong links with the state of Ukraine (CCC), its sole shareholder, its weak though gradually improving financial profile and its...