Economics
Ukraine
S&P's decision follows the July 24 decision by Fitch -- another top US ratings agency -- to downgrade Ukraine's credit rating to "C" from "CC," leaving it just one notch above default.
Aug. 3
Ukraine
Ukraine’s top ten most successful manufacturers list for 2023 is made of heavy industry that reduced net losses despite the war: food industry, defense and agricultural enterprises.
Jul. 30
The central bank paused interest rate decrease while investors remained calm after debt restructuring negotiations – hryvnia depreciated.
Jul. 30
Ukraine
Ukraine’s central bank kept the key rate at 13 percent while inflation rose to 4.8 percent in June, with yields of hryvnia deposit and domestic debt securities falling.
Jul. 25
War in Ukraine
G7 and EU leaders agreed in June to use interest from frozen Russian assets to support a $50 billion loan for Ukraine to defend against Moscow's invasion.
Jul. 25
Ukraine
Considering the amount of cash saved, Ukraine’s private creditors rank third in terms of the volume of financial support to Ukraine since Russia invaded the country.
Jul. 24
Top News
Russia's facing a quagmire: Let up on government spending, triggering cuts that could hurt Putin's popularity, or keep printing rubles, seeking to "bail out" the economy, but creating wider inflation?
Jul. 22
Ukraine
Thanks to the agreement, Ukraine expects to save $11.4 billion pivotal for its defense over the next three years.
Jul. 22
Economy
A Russian media outlet quoted an economist stating Ukraine will lower the price of land in the new debt agreement – which simply cannot happen due to the nature of a bond in any country.
Jul. 21
Top News
Russia’s Economy has been on a temporary “sugar high,” but now the high is coming down to reality, economist Volodymyr Lugovskyy tells Kyiv Post’s Jason Smart.
Jul. 17
US
Ukraine should prepare for money to become more expensive until the war ends. Partners should slam Russia with sanctions without giving Moscow time to adapt, economist Yuriy Gorodnichenko says.
Jul. 16
War in Ukraine
As the continuing shortages of light and heat caused by Russian strikes threaten to extend into the winter, Ukrainians turn to both traditional and modern energy-efficient solutions.
Jul. 15
War in Ukraine
New debt conditions set by Eurobond holders aren’t appropriate for a country at war – analysts suggest bonds backed by Western guarantees or proposals mirroring the EU Facility Program as alternatives
Jul. 12
Saudi Arabia
Aramco reported record profits in 2022 – after Russia's invasion of Ukraine sent oil prices soaring, allowing Saudi Arabia to record its first budget surplus in nearly a decade.
Jul. 10
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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