Poroshenko in Denmark: Russia undermines peace process in Donbas
Apr05

Poroshenko in Denmark: Russia undermines peace process in Donbas

Ukrainian President Petro Poroshenko has met with Speaker of the Folketing Pia Kjaersgaard and deputies of the Danish Parliament as part of his official visit to the Kingdom of Denmark to discuss the situation in Donbas, according to the president`s press service. The parties discussed the security situation in Donbas and the implementation of...

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Ukraine wants to get another $8 bln in loans by year-end
Apr05

Ukraine wants to get another $8 bln in loans by year-end

Ukraine plans to receive from international partners another $8 billion by the end of 2017, including three more disbursements from the International Monetary Fund, that is $1.9 billion in May, and in August and September, $1.3 billion each, according to an updated memorandum on cooperation between Ukraine and the IMF under the Extended Fund...

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Ukraine-IMF Memorandum assumes restructuring of ”Yanukovych debt”
Apr05

Ukraine-IMF Memorandum assumes restructuring of ”Yanukovych debt”

The updated Memorandum on cooperation under Extended Fund Facility signed by Ukraine and the International Monetary Fund assumes that the restructuring will be achieved of a $3 billion ”Russian debt” on general terms, applied to other holders of Ukrainian Eurobonds, who have agreed to restructuring. ”It is assumed that the Russian-held bond will...

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Turkey indicates Ukrainian preference for Altay tank engine tech – media
Apr05

Turkey indicates Ukrainian preference for Altay tank engine tech – media

Turkey may ditch attempts to obtain Japanese and Austrian technology to develop a ”national engine” for its first indigenous new-generation tank in the making, instead turning to Ukraine, according to Defense News. In the past few years, Turkey has unsuccessfully tried to obtain Japanese and Austrian technology for the Altay engine, Defense News...

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Ukraine appoints Ukraine`s envoy to Romania
Apr05

Ukraine appoints Ukraine`s envoy to Romania

Ukrainian President Petro Poroshenko has appointed Oleksandr Bankov as the extraordinary and plenipotentiary ambassador of Ukraine to Romania. ”To appoint Oleksandr Serhiiovych Bankov as an extraordinary and plenipotentiary ambassador of Ukraine to Romania,” according to presidential decree No. 99 of April 4. Earlier, Poroshenko appointed Ihor...

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Ukraine hopes for another $4.5 bln from IMF by year-end
Apr05

Ukraine hopes for another $4.5 bln from IMF by year-end

The National Bank of Ukraine (NBU) expects that Ukraine will receive three more disbursements from the IMF to the tune of some US$4.5 billion by the end of the year. ”We hope that Ukraine will continue following the path of reform as part of cooperation with the IMF, and we`ll get three more tranches by the end of the current year,” NBU Deputy...

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Ukraine to step up agricultural cooperation with Saudi Arabia
Apr05

Ukraine to step up agricultural cooperation with Saudi Arabia

Ukraine plans to step up cooperation with Saudi Arabia in the agrarian sector, invite investors from that country and facilitate their investment in domestic livestock and fishery, as well as boost bilateral trade, according to the Ukrainian Agrarian Policy and Food Ministry`s press service. ”Important tasks are to boost trade between the...

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Oil rises to near one-month high on gradual tightening of supplies
Apr05

Oil rises to near one-month high on gradual tightening of supplies

Oil prices climbed to a one-month high on Wednesday on signs of gradual tightening in a market bloated by years of overproduction that has left storage tanks around the world brimming with unsold fuel, according to Reuters. Prices for front-month Brent crude futures, the international benchmark for oil, were at $54.40 per barrel at 0345 GMT, up...

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EU official says no sign Trump plans to ease Russia sanctions – media
Apr05

EU official says no sign Trump plans to ease Russia sanctions – media

A senior European Union official said on Tuesday he had seen no sign that U.S. President Donald Trump`s administration planned to lift sanctions on Russia over its activities in Ukraine, and warned that unilateral American sanctions on Russia could destabilize some European energy markets, according to Reuters. See also: The U.S. Treasury...

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North Korea fires missile into sea
Apr05

North Korea fires missile into sea

North Korea has test-fired a medium-range ballistic missile from its eastern port of Sinpo into the Sea of Japan, the BBC reported. South Korea`s defense ministry said the missile flew about 60km (40 miles), according to the BBC. It is the latest in a series of tests which the North says is peaceful but is widely believed to be part of a program...

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