: :inin Kyiv (EET)

Section: News & Summaries

    Oil prices retreat from $50 on oversupply concerns, stronger dollar
    May27

    Oil prices retreat from $50 on oversupply concerns, stronger dollar

    Oil futures slipped in Asian trade on Friday after hitting resistance at the $50 a barrel mark as investors worried higher prices could reactivate shuttered crude output, adding to global oversupply, Reuters reported.Prices were also pressured by a strong dollar that was buoyed by generally positive U.S. economic data amid growing expectations of...

    Savchenko to become President if Ukrainians wish so
    May27

    Savchenko to become President if Ukrainians wish so

    Ukrainian pilot and MP from the Batkivschyna party Nadia Savchenko is ready to become President of Ukraine if the Ukrainians wish so, according to an UNIAN correspondent.”Let`s put it this way: Ukrainians, if you need me to be president, well, I will be president. I just do not really believe that our people have learned to vote [consciously],...

    G7 leaders urge Ukraine to enhance anti-corruption efforts
    May27

    G7 leaders urge Ukraine to enhance anti-corruption efforts

    G7 leaders have urged the Ukrainian authorities to step up efforts in the fight against corruption and carry out the necessary reforms.Such an appeal was made in their declaration issued following the results of G7 Ise-Shima Summit that was held on May 26-27, 2016 and devoted to addressing major global economic and political challenges.”We...

    Militants shoot down OSCE drone near Horlivka
    May27

    Militants shoot down OSCE drone near Horlivka

    At about 09:45 on Friday, the Russian-backed militants shot down the OSCE SMM`s unmanned aerial vehicle near the town of Horlivka, which was monitoring the ceasefire regime along the demarcation line, according to the press center of the Anti-Terrorist Operation (ATO).It is noted that the OSCE representatives confirmed the loss of communication...

    Ukraine`s Mars Hopper wins NASA award
    May27

    Ukraine`s Mars Hopper wins NASA award

    The Ukrainian MarsHopper aircraft project developed by a team from Kyiv won the People`s Choice award of NASA`s SpaceApps Challenge 2016, one of the world`s largest international annual hackathons, according to 2016.spaceappschallenge.org.The team learned of its victory on May 23 – three days before the official announcement of the results, but...

    PGO chief: No politics in searches at Odesa region administration
    May27

    PGO chief: No politics in searches at Odesa region administration

    Prosecutor General Yuriy Lutsenko claims searches at Odesa regional administration`s building on Thursday have nothing to do with politics and were conducted as part of an investigation into illegal operations of value-added tax refunds by officials of Georgia`s Consulate General in 2012-2013, according to the press service of the Prosecutor...

    NBU may lift ban on dividend repatriation subject to renewed cooperation with IMF
    May27

    NBU may lift ban on dividend repatriation subject to renewed cooperation with IMF

    Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva says the regulator is planning to lift the ban on repatriation of dividends following the results of evaluation of their volumes and after cooperation with the International Monetary Fund (IMF) is resumed.The NBU governor also assumed that the NBU would be ready this year to meet...

    Large, medium-sized enterprises of Ukraine reduce loss by 6.6 times
    May27

    Large, medium-sized enterprises of Ukraine reduce loss by 6.6 times

    Large and medium-sized enterprises of Ukraine, excluding budgetary institutions, according to preliminary data, received UAH 58.556 billion loss before tax in the first quarter of 2016, which is 6.6 times lower than the adjusted figure for the same period last year at UAH 385.935 billion, according to the State Statistics Service of Ukraine.In...

    G7 leaders urge all sides to fulfill commitments for elections in Donbas
    May27

    G7 leaders urge all sides to fulfill commitments for elections in Donbas

    The leaders of the G7 have urged all sides to fulfill their commitments without delay with a view to holding local elections in certain areas of the Donetsk and Luhansk regions as soon as possible in accordance with the Minsk agreements, according to G7 Ise-Shima Leaders` Declaration.”We are concerned by continued violence along the line of...

    Brexit threatens global economic growth – G7
    May27

    Brexit threatens global economic growth – G7

    The prospects of the United Kingdom exiting the European Union pose a serious threat to the growth of the world economy, according to the declaration of G7 leaders.”A UK exit from the EU would reverse the trend towards greater global trade and investment, and the jobs they create, and is a further serious risk to growth,” the declaration says.At...

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