: :inin Kyiv (EET)

Section: News & Summaries

    National Bank of Ukraine: Ukraine`s forex reserves will shrink without IMF loans
    Dec02

    National Bank of Ukraine: Ukraine`s forex reserves will shrink without IMF loans

    Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva says that giving up support of the International Monetary Fund (IMF) and other international donors will translate into a reduction in Ukraine`s forex and gold reserves, which threatens the country`s financial stability, according to a posting on the NBU`s website. ”It`s extremely...

    Tusk says Russia sanctions likely to be extended
    Dec02

    Tusk says Russia sanctions likely to be extended

    The head of the European Union`s executive body has said he expects EU sanctions against Russia to be extended next year, but that it will be harder to do that in the future, according to Radio Liberty. Donald Tusk, who is president of the European Council and a former Polish prime minister, made the comments in an interview broadcast on December...

    Trump picks retired Marine Gen. James Mattis for secretary of defense – media
    Dec02

    Trump picks retired Marine Gen. James Mattis for secretary of defense – media

    President-elect Donald Trump said Thursday he has chosen retired Marine Gen. James N. Mattis, who has said that responding to ”political Islam” is the major security issue facing the United States, to be secretary of defense, according to The Washington Post. ”We are going to appoint Mad Dog Mattis as our secretary of defense,” Trump told a rally...

    Russian “provocation” risk worries Estonia amid U.S. transition
    Dec02

    Russian “provocation” risk worries Estonia amid U.S. transition

    Estonia is braced for ”provocations” from neighboring Russia, which it says could seek to undermine Western solidarity during Donald Trump`s transition to the U.S. presidency, according to Bloomberg. Instability in the Baltic region has risen because of ”the growing aggressiveness of Russia`s regime over several years,” according to Estonian...

    Russia confirms loss of Progress cargo ship: Future launches may be affected
    Dec02

    Russia confirms loss of Progress cargo ship: Future launches may be affected

    The Russian Progress cargo spacecraft was lost at an altitude of 190 kilometers over the Republic of Tuva in southern Siberia, the press service of Russia`s state space corporation Roscosmos said on Thursday, TASS reports. ”According to preliminary information, the spaceship was lost as a result of a contingency situation at an altitude of 190...

    Oil prices dip after OPEC-Russia output cut deal, focus swings to implementation
    Dec02

    Oil prices dip after OPEC-Russia output cut deal, focus swings to implementation

    Oil prices slipped on Friday as some investors opted to cash out after Brent touched 16-month a high on Thursday, with optimism over this weekэs OPEC-Russia accord on cutting output giving way to questions on the ”sticking point” of implementing the deal, according to Reuters. International Brent crude oil futures LCOc1 were trading at $53.36 per...

    Ukrainian Bank for Reconstruction and Development sold to Chinese investor for almost UAH 83 mln
    Dec02

    Ukrainian Bank for Reconstruction and Development sold to Chinese investor for almost UAH 83 mln

    The State Property Fund of Ukraine (SPF) chief Ihor Bilous said Wednesday it had sold at a second-try auction a state-owned Ukrainian Bank for Reconstruction and Development (UBRD) to China`s Bohai Commodity Exchange Co., Ltd. (BOCE). The bank was sold at a starting price as the bidding had just one participant, Bilous reported on the results of...

    Antonov engineer detained after attempt to smuggle structural drawings of planes, helicopters from Ukraine
    Dec02

    Antonov engineer detained after attempt to smuggle structural drawings of planes, helicopters from Ukraine

    Ukrainian border guards December 1 detained at the Ukrainian-Russian border in Kharkiv region an engineer of the state-owned aircraft design bureau Antonov who tried to smuggle to Russia structural drawings of airplanes and helicopters, the press office of the State Border Guard Service of Ukraine has told UNIAN. ”During the border control...

    Hot spot in Mariupol sector in last day, militants use banned artillery
    Dec01

    Hot spot in Mariupol sector in last day, militants use banned artillery

    Combined Russian-separatist forces attacked Ukrainian army positions in eastern Ukraine 30 times in the past 24 hours, focusing on the Mariupol sector, according to the press service of the Anti-Terrorist Operation (ATO) Headquarters. View map in full size ”In the Mariupol sector, the militants used 122mm artillery systems, 120mm and 82mm mortars...

    Russian Progress cargo ship Russian cargo space ship falls to Earth after contact was lost. Video
    Dec01

    Russian Progress cargo ship Russian cargo space ship falls to Earth after contact was lost. Video

    The Russian space agency Roscosmos reported it had lost contact with its Progress MS-04 cargo ship launched on Soyuz-U carrier earlier today, December 1, to the International Space Station orbiting Earth. ”Today, after the launch of the Soyuz-U carrier, telemetry with a transport cargo ship Progress MS-04 was lost from the 383rd second....

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