Section: News & Summaries
Ukraine`s 3 biggest state companies owe US$2.45 bln to banks
Ukraine`s three biggest state-owned companies – NJSC Naftogaz of Ukraine, JSC Ukrzaliznytsia and NAEC Energoatom – account for 74%, or UAH 64 billion ($2.45 billion), of the total debt all the state-run companies owe to Ukrainian banks, according to the National Bank of Ukraine (NBU). The total debt is estimated at UAH 87 billion, or $3.32...
Donald Trump has chosen ExxonMobil CEO Rex Tillerson to be secretary of state
President-elect Donald Trump has chosen ExxonMobil CEO Rex Tillerson to be secretary of state, CBS News reported. Mr. Trump`s decision was announced by his transition team Tuesday morning, according to CBS News. ”As Secretary of State, he will be a forceful and clear-eyed advocate for America`s vital national interests, and help reverse years of...
Ukraine expects reaction of Polish government to slogans “Death to Ukrainians!” during the March of eaglets
On the “March of eaglets of Przemysl and Lvlovski”, which was held on December 10 in the Polish city Przemysl, the participants near the building of the Ukrainian National Center chanted “Death to Ukrainians.” Video: UaPosition memo: Eaglets (Polish: Orlęta) is a term of affection applied to the Polish teenagers who fought...
Q&A: What Does a Friend of Putin at Foggy Bottom Mean for Ukraine?
President-elect Donald Trump has picked ExxonMobil CEO Rex Tillerson as his secretary of state. In 2013, Russian President Vladimir Putin personally bestowed Russia’s Order of Friendship on Tillerson. As CEO of ExxonMobil, he’s argued for sanctions relief on Russia. By October 2016, some reports estimate that Exxon has lost $1 billion...
Nadiia Savchenko abandons Tymoshenko`s Batkivschyna party
Member of Parliament Nadiia Savchenko has left Yulia Tymoshenko`s Batkivschyna party, MP from the party Ivan Krulko told UNIAN. ”Yes, I confirm this,” he said, providing no other details. Savchenko`s press service neither confirmed nor denied this information yet. She was earlier reported to have secretly visited Minsk on December 7. There she...
Visa-free travel for Ukraine will be available in a few months – Head of the Delegation of the European Union to Ukraine
Head of the Delegation of the European Union to Ukraine, Ambassador Hugues Mingarelli says that visa-free travel for Ukraine will be available in a few months, according to an UNIAN correspondent. ”European authorities have decided that in a few months, citizens of Ukraine will be able to travel to EU countries without visas. This decision has...
Hryvnia strengthens to UAH 26.11 to dollar on interbank market
Hryvnia quotations against the dollar on the interbank currency market on Tuesday strengthened to UAH 26.07/26.11 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 27.6915/27.7340, while those against the Russian ruble have settled at UAH...
SWIFT confirms new cyber attacks, hacking tactics
Cyber attacks targeting the global bank transfer system have succeeded in stealing funds since February`s heist of $81 million from the Bangladesh central bank as hackers have become more sophisticated in their tactics, according to a SWIFT official and a previously undisclosed letter the organization sent to banks worldwide, Reuters reported....
New “Soviet” Union is possible – Mikhail Gorbachev
Mikhail Gorbachev, the first and last president of the USSR, has said that a new Union state is possible, according to Russian news agency TASS. ”The Soviet Union cannot be restored. But a new Union can be established,” he said in an interview with TASS. ”In the former borders, with the same members, on the basis of free will. I think a new Union...
S&P positive about withdrawal of 80 banking licenses in Ukraine by National Bank of Ukraine
S&P Global Ratings notes an improvement in Ukraine`s banking sector and says it views positively the withdrawal of 80 banking licenses. ”Conditions in the financial sector have improved but further recovery will be slow due to high credit risk. We view positively the withdrawal of 80 banking licenses due to a lack of transparency regarding...