Economics
Ukraine
Oleksii Brekht will now lead the company after previous CEO Volodymyr Kudrytskyi was fired ostensibly for poor preparation of energy infrastructure defenses.
Sep. 13
Economy
The current rate of inflation is within Ukraine’s central bank forecast and has been caused by an increase in vegetable prices due to dry weather, higher costs for electricity, labor, and imports.
Sep. 12
Energy
After Ukrainian banks agreed they should find all possible ways to finance energy facilities construction, the market received a new tool – guarantees for the loans from EBRD.
Sep. 12
For the second consecutive week, the MoF borrowed Hr.20 billion ($488 million) in the week. There were no material changes in interest rates. Bond Market Insight for Sept. 11.
Sep. 11
After four months of declines, NBU reserves surge.
Sep. 10
Russia
Sometimes the solution is simple, but not easy to achieve, given the difficulty of making the effort. Shutting down Russia’s economy is such a solution.
Sep. 9
Economy
Ukraine’s previous credit rating was upgraded from 'CCC-' to 'CCC+', though the Long-Term Foreign Currency IDR remains at 'RD' (Restricted Default).
Sep. 7
Russia
The IMF softens ties with Russia – appointing a new executive director who is under US sanctions and sending its first mission to Russia since Moscow's full-scale Ukraine invasion.
Sep. 7
Lviv
Lifecell, one of Ukraine’s mobile operators, will conduct 5G internet trials between Sept. 9 and Dec. 7 in Lviv, though earlier reports said 5G would not be available in Ukraine until after the war.
Sep. 6
Top News
Drones, play a lead role in the war in Ukraine but the early reliance on off-the-shelf Chinese machines has gone. Domestic technology and techniques are now at the forefront of today’s “Drone Wars.”
Sep. 5
Drones
Russian news site reports that property insurance rates against terrorist acts and sabotage have gone through the roof, particularly in border areas while demand for cover has grown too.
Sep. 5
Top News
Tech giant Yahoo has appointed Valeri Liborski, a tech specialist originally from Ukraine with experience in Amazon and Microsoft, to head the company’s global engineering team.
Sep. 5
Russia
Though the Russian economy is expected to shrink even under a baseline scenario, interest rates under these conditions will not exceed 17 percent, keeping inflation in single digits.
Aug. 31
Business
Vote in favor of sealing private debt deals and first foreign debt payment suspensions according to the new law.
Aug. 29
Business
Ukraine intends to fight tax evasion through a key retail channel – transfers between bank cards, meant to keep the transaction from becoming part of a legal income report.
Aug. 29
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Riyadh denied the Bloomberg report, saying it did not threaten to sell euro and French bonds as a way to influence the G7 into not seizing $280 billion of Russia’s frozen assets.
Jul. 10