: :inin Kyiv (EET)

Section: News & Summaries

    Fitch applies criteria changes to Ukraine`s ratings
    Jul26

    Fitch applies criteria changes to Ukraine`s ratings

    Fitch Ratings has affirmed Ukraine`s Long-Term Local Currency (LTLC) IDR at `CCC,` Fitch Ratings said in its press release.The issue ratings on Ukraine`s Long-Term senior unsecured Local Currency bonds have also been affirmed at `CCC`. The Short-Term Foreign Currency (STFC) IDR has been affirmed at `C` and a new Short-Term Local Currency (STLC)...

    Reuters: Ukraine, after war, becomes a trove for black market arms trade
    Jul26

    Reuters: Ukraine, after war, becomes a trove for black market arms trade

    The war in Donbas in eastern Ukraine, which has lasted for more than two years, has made the country a trove for black market arms trade, according to Reuters.”Interviews by Reuters with security officials and rebels [Russian-backed militants], as well as the study of law enforcement data and court documents, have shown that weapons are being...

    U.S. Navy`s new $13 bln aircraft carrier can`t fight
    Jul26

    U.S. Navy`s new $13 bln aircraft carrier can`t fight

    The $13-billion USS Gerald R. Ford is already two years behind schedule, and the U.S. Navy`s newest aircraft carrier is facing more delays after the Pentagon`s top weapons tester concluded the ship is still not ready for combat despite expectations it would be delivered to the fleet this September, according to CNN.According to a June 28 memo...

    Weaker dollar lifts oil prices, but mood remains bearish – Reuters
    Jul26

    Weaker dollar lifts oil prices, but mood remains bearish – Reuters

    Oil prices rebounded from over three-month lows on Tuesday, lifted by a drop in the dollar, but concerns of ongoing oversupply weighed on markets and many traders are raising their bets on further price falls, according to Reuters.International Brent crude oil futures LCOc1 were trading at $44.89 per barrel at 06:58 GMT, up 17 cents from their...

    Cabinet dismisses Deputy Interior Minister Avagyan
    Jul26

    Cabinet dismisses Deputy Interior Minister Avagyan

    Ukraine`s Cabinet of Ministers has dismissed Tigran Avagyan from the post of deputy minister of internal affairs, under Decree No. 525, effective from July 22.”To dismiss Tigran Avagyan from the post of Ukraine`s deputy minister of internal affairs on European integration,” the decree stated.Avagyan was appointed deputy interior minister on...

    19 killed in stabbing spree in care facility in Japan, man arrested
    Jul26

    19 killed in stabbing spree in care facility in Japan, man arrested

    A knife-wielding man killed 19 people after breaking into a residential mental health care facility in Kanagawa Prefecture west of Tokyo early Tuesday, in one of the worst mass killings in Japan`s postwar history, according to Kyodo News.Police arrested Satoshi Uematsu, a 26-year-old former employee of the facility in the city of Sagamihara, as...

    Donbas war update: 61 attacks on Ukraine, three skirmishes in last day
    Jul26

    Donbas war update: 61 attacks on Ukraine, three skirmishes in last day

    The combined Russian-separatist forces attacked Ukrainian army positions in eastern Ukraine 61 times in the past 24 hours while three skirmishes – two in the town of Maryinka and one in the town of Avdiyivka – were reported, according to the press center of the Anti-Terrorist Operation (ATO) Headquarters.The Mariupol sector was attacked 29 times,...

    IBTimes: Pentagon sceptical of Russia`s trustworthiness over Syria deal
    Jul26

    IBTimes: Pentagon sceptical of Russia`s trustworthiness over Syria deal

    Any agreement between the U.S. and Russia to expand military or intelligence cooperation in Syria would depend entirely on Moscow`s support for the U.S. goal there to ensure operational security, and that it would not be based on trust, Pentagon officials have said, according to International Business Times (IBTimes).The Obama administration...

    NBU strengthens official exchange rate to UAH 24.78 to dollar
    Jul26

    NBU strengthens official exchange rate to UAH 24.78 to dollar

    The National Bank of Ukraine on Monday evening strengthened the official hryvnia exchange rate by three kopiykas, bringing the national currency to UAH 24.78 to the dollar.The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for July 26:$100 costs UAH 2,478.7745 (on July 25, it was UAH...

    Bloomberg: Weak ruble lets Russia export cars it doesn`t make
    Jul26

    Bloomberg: Weak ruble lets Russia export cars it doesn`t make

    The oil crash gave enough of a jolt to the ruble to send a steady stream of luxury cars from Russia to Germany, China and the U.S., with sales of just Land Rovers quintupling, according to Bloomberg.Seizing on currency disparities, Russians made quick money by re-exporting the vehicles, which got so cheap in ruble terms that selling them back –...

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