Section: News & Summaries
European Commission officially proposes cancelling visas for Ukrainians
The European Commission has announced that it has put forth a legislative proposal concerning visa liberalization for Ukraine, according to a document published on the European Commission`s official website.”The detailed explanation of the specific provisions of the proposal says that Regulation (EC) No 539/2001 will be amended, transferring...
Hryvnia strengthens to UAH 25.45 to dollar on interbank market
Hryvnia quotations against the dollar on the interbank currency market on Wednesday strengthened to UAH 25.40/25.45 to the dollar by the middle of trade, a broker at a commercial bank has told an UNIAN correspondent.Hryvnia quotes against the euro have settled at UAH 28.8590/28.9130, while those against the Russian ruble have settled at UAH...
Former KPMG manager becomes head of national postal services provider
The Cabinet of Ministers has appointed former employee of KPMG U.S. audit company Igor Smelyansky as head of state-owned Ukrposhta postal services provider.A relevant decision was unanimously passed at the first meeting of the new government on Wednesday, April 20.Smelyansky was nominated by the selection committee under the Ukrainian Economic...
Three Ukrainian soldiers killed, five wounded in Donbas in last day
Three Ukrainian soldiers were killed and another five were wounded in the Donbas conflict zone in the last 24 hours, presidential administration spokesman for the Anti-Terrorist Operation Colonel Andriy Lysenko said at a briefing in Kyiv on Wednesday, according to an UaPosition correspondent.”In the last day, we lost three Ukrainian soldiers, and...
Argentina returns to global debt markets after 15-years
Marking a rare bright spot among gloomy emerging markets, Argentina sold $16.5 billion of sovereign debt on Tuesday in its first international bond issue since its record 2002 default, according to Reuters.Most proceeds from the auction, which was four times oversubscribed, will go to finally settling Argentina`s messy legal dispute with...
Polish citizen Balczun tapped to head Ukrzaliznytsia
The Cabinet of Ministers has appointed former head of the Polish Railways Wojciech Balczun to the post of Chairman of the Board of PJSC Ukrzaliznytsia, according to an UaPosition correspondent.A relevant decision was taken unanimously at a Cabinet meeting on Wednesday, April 20.He was selected by the selection committee under the Ukrainian...
EU should `interfere` less in people`s lives – Juncker
The European Commission President, Jean-Claude Juncker, has warned that too much EU ”interference” in people`s lives is eroding support for the bloc, the BBC reports.The former Luxembourg prime minister said the EU had become involved in ”too many domains where member states… are better placed to take action,” according to the BBC.His...
Russia wins $50 bln ruling in decade-old fight with Yukos – Bloomberg
Russia succeeded in its battle to overturn a $50 billion arbitration ruling after a Dutch court ruled that the panel of judges who issued the record-setting award to the former owners of Yukos Oil Co. had no right to review the dispute, Bloomberg wrote.The ruling by a court in the Hague Wednesday was a sweeping victory for the country in its more...
Oil falls on end to Kuwaiti strike, supply outlook
Oil prices fell on Wednesday as investor focus returned to worries about oversupply after Kuwaiti workers ended a three-day strike that had halved the nation`s crude output, according to Reuters.Industry data showed U.S. crude stockpiles rose last week, reinforcing concerns about the global surplus. Brent futures LCOc1 were down 94 cents at...
NATO-Russia Council to meet for first time since 2014
NATO and Russian officials have much to discuss during the NATO-Russia Council meeting in Brussels on Wednesday, U.S. Department of State has reported.”We will address… the crisis in and around Ukraine, military activity, transparency, risk reductions and Afghanistan,” NATO Secretary General Jens Stoltenberg said on Tuesday, the report says.The...