Section: News & Summaries

      National Bank of Ukraine cuts official exchange rate to UAH 26.30 to dollar
      Dec15

      National Bank of Ukraine cuts official exchange rate to UAH 26.30 to dollar

      The National Bank of Ukraine on Wednesday evening lowered the official hryvnia exchange rate by 20 kopiykas, bringing the national currency to UAH 26.30 to the dollar. The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for December 15: $100 costs UAH 2,630.7416 (on December 14, it was UAH...

      Ukraine security chief calls for better cyber defense against Russian attacks
      Dec15

      Ukraine security chief calls for better cyber defense against Russian attacks

      A Ukrainian security chief said on Wednesday Ukraine needed to beef up its cyber defenses, citing a recent spate of attacks on government websites that he said originated in Russia, Reuters reports. Over the past week, Ukraine`s Finance and Defense ministries and State Treasury said their websites had been temporarily downed by attacks aimed at...

      Oil prices stabilize after Fed hike as tighter market looms
      Dec15

      Oil prices stabilize after Fed hike as tighter market looms

      Oil prices stabilized on Thursday as a tighter market looms in 2017 due to planned output cuts led by OPEC and Russia, after sharp declines earlier following Wednesday`s U.S. interest rate increase that drove investors out of commodities, according to Reuters. International Brent crude oil futures were trading at $54.02 a barrel at 0428 GMT, up...

      National Bank of Ukraine names conditions for forex restrictions revision
      Dec15

      National Bank of Ukraine names conditions for forex restrictions revision

      The National Bank of Ukraine will revise market limitations earlier established in order to stabilize the national currency given the favorable conditions, NBU Governor Valeria Gontareva said at a Kyiv conference Wednesday. ”We really want to lift the restrictions, but let`s create the conditions, attract investments. [Let`s] complete at least...

      Swedish island in the Baltic Sea likely to reject renting space to Russia
      Dec15

      Swedish island in the Baltic Sea likely to reject renting space to Russia

      Officials on Gotland, Sweden`s militarily strategic island in the Baltic Sea, said Wednesday they likely will turn down a Russian request to rent harbor space after the government warned it could harm the country`s defense and political interests, according to The Associated Press. ”Following the information we got from the government, we very...

      From Quasi-State to State Department: Rex Tillerson
      Dec15

      From Quasi-State to State Department: Rex Tillerson

      The chief executive of one of the world’s largest companies has been nominated to fill the United States’ oldest cabinet position. Rex Tillerson, head of ExxonMobil, would be the first secretary of state in modern history with no public-sector experience. Nonetheless, this appointment is consistent with the Trump...

      Russia`s cyber attacks aimed at destabilizing Ukraine`s finance & banking – National Security and Defense Council
      Dec15

      Russia`s cyber attacks aimed at destabilizing Ukraine`s finance & banking – National Security and Defense Council

      Secretary of Ukraine`s National Security and Defense Council (NSDC) Oleksandr Turchynov says that cybercriminals from the Russian Federation are responsible for powerful cyber attacks on Ukraine`s financial and banking sectors in recent times. About a week ago, the active phase of large-scale cyber attacks on the information resources of the...

      Anti-Terrorist Operation Headquarter reports about situation in Donbas in last day
      Dec14

      Anti-Terrorist Operation Headquarter reports about situation in Donbas in last day

      Combined Russian-separatist forces attacked Ukrainian army positions in eastern Ukraine 15 times in the past 24 hours, according to the press service of the Anti-Terrorist Operation (ATO) Headquarters. In the Luhansk sector, the militants continued to use banned 120mm and 82mm mortars to shell the village of Krymske. Also, they fired...

      Poroshenko on Savchenko`s Minsk talks with militants: neither she, nor Ukraine will benefit from this
      Dec14

      Poroshenko on Savchenko`s Minsk talks with militants: neither she, nor Ukraine will benefit from this

      Neither MP Nadia Savchenko nor Ukraine will benefit from Savchenko`s meetings militant leaders from ”DPR” and ”LPR” Alexander Zakharchenko and Igor Plotnitsky, according to Ukrainian President Petro Poroshenko who spoke to reporters during his working visit to Ivano-Frankivsk region Wednesday. ”I will not allow anyone to pretend that there is an...

      Lower House of Canadian Parliament ratifies free trade area deal with Ukraine
      Dec14

      Lower House of Canadian Parliament ratifies free trade area deal with Ukraine

      The Lower House of Canada`s Parliament has unanimously ratified the agreement on a free trade area with Ukraine, Ukraine`s Trade Envoy Natalia Mykolska wrote on Twitter Wednesday. ”The Lower Chamber of the Parliament of Canada unanimously ratified the Free Trade Agreement. Then goes the ratification by the Canada Senate. We work very closely with...