Section: News & Summaries

      NBU cuts official exchange rate to UAH 25.89 to dollar
      Oct06

      NBU cuts official exchange rate to UAH 25.89 to dollar

      The National Bank of Ukraine on Wednesday evening lowered the official hryvnia exchange rate by three kopiykas, bringing the national currency to UAH 25.89 to the dollar. The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for October 6: $100 costs UAH 2,589.8334 (on October 5, it was UAH...

      Ukraine`s foreign ministry issues Russia travel warning
      Oct06

      Ukraine`s foreign ministry issues Russia travel warning

      Ukraine`s Ministry of Foreign Affairs recommends that Ukrainian citizens should avoid travel to Russia. The ministry is deeply concerned over an increase in the number of provocations committed by Russian law enforcement agencies against Ukrainians, the ministry`s press service told UNIAN. The number of groundless arrests of Ukrainian citizens...

      U.S. to try to soften Ukraine`s stance on Donbas – media
      Oct06

      U.S. to try to soften Ukraine`s stance on Donbas – media

      The Administration of U.S. President Barack Obama in the next two weeks will try to persuade Ukraine to go for certain concessions in the conflict with Russia, the Ukrainian news portal LIGA.net reported citing its sources close to President Petro Poroshenko. The proponents of such compromises want the administration of the new U.S. president...

      Russia suspends another nuclear deal with U.S.
      Oct06

      Russia suspends another nuclear deal with U.S.

      Russia is suspending the Russian-U.S. Agreement on Cooperation in Nuclear- and Energy-Related Scientific Research and Development, according to the Russian Government website. The Agreement between the Government of the United States of America and the Government of the Russian Federation on Cooperation in Nuclear- and Energy-Related Scientific...

      Berlin or Bust: Germany Key to Maintaining Sanctions on Russia
      Oct06

      Berlin or Bust: Germany Key to Maintaining Sanctions on Russia

      When Russia illegally annexed Crimea and armed separatists in eastern Ukraine, the United States and the European Union jointly condemned it. Together they introduced sanctions on Russia in July 2014 that limited access to finance for key companies in Russia’s energy, defense, and financial sectors; froze assets and banned travel for...

      IMF recommends broader powers of Ukraine`s securities market regulator
      Oct06

      IMF recommends broader powers of Ukraine`s securities market regulator

      The International Monetary Fund (IMF) has recommended that Ukraine should enable the National Securities and Stock Market Commission (NSSMC) to conduct audits of any legal entity or individual to determine compliance with securities laws, demand and have access to information such as banking secrecy, and investigate violations on the capital...

      Germany`s ex-Chancellor Schroeder gets top position at Gazprom subsidiary
      Oct05

      Germany`s ex-Chancellor Schroeder gets top position at Gazprom subsidiary

      Ex-Chancellor Gerhard Schroeder now chairs the Board of the new company Nord Stream 2, which is part of the Russian energy giant Gazprom, according to Tagesspiel. Former Chancellor Gerhard Schroeder took over the chairmanship of the Board of the energy company Nord Stream 2, the one that works to expand the gas pipeline from Russia to Germany....

      Ukraine`s General Staff outlines demobilization priorities
      Oct05

      Ukraine`s General Staff outlines demobilization priorities

      Chief of the General Staff of the Armed Forces of Ukraine Viktor Muzhenko announces that exemplary military and those who need to be dismissed for family reasons will be demobilized first. ”Demobilization of the sixth wave. By decision of commanders, the best soldiers and those who have family reasons will be dismissed first,” he tweeted on...

      Odesa chemical plant resumes operation after gas deal with Naftogaz
      Oct05

      Odesa chemical plant resumes operation after gas deal with Naftogaz

      The Odesa Port-Side Chemical Plant (OPP), the country`s major chemical producer, has resumed operation following the resumption of natural gas supplies by state-owned energy holding Naftogaz of Ukraine, according to the press service of the State Property Fund of Ukraine (SPFU). The SPFU is currently preparing a 99.6% state stake in the OPP for...

      OSCE mandate at Russian checkpoints Gukovo and Donetsk extended to Jan 31, 2017
      Oct05

      OSCE mandate at Russian checkpoints Gukovo and Donetsk extended to Jan 31, 2017

      The OSCE Permanent Council in Vienna late yesterday extended the mandate of the OSCE Observer Mission at the Russian border checkpoints of Gukovo and Donetsk by three months to January 31, 2017. The mandate of the Mission remains unchanged. Operating under the principles of impartiality and transparency, the observers will monitor and report on...