Economics
Bonds: MoF raises yields to test demand In a somewhat daring move, the Ministry of Finance raised the interest rate on UAH bills, which resulted in increased local-currency borrowing. However, activit
Jul. 26, 2022
War in Ukraine
The European Investment Bank (EIB), with the support of the EU budget, has approved funding for Ukraine in the amount of EUR1.59 billion, of which EUR1 billion will be provided immediately, President
Jul. 26, 2022
War in Ukraine
Russian missiles destroyed Ukrainian “military infrastructure” in a strike on Ukraine’s Black Sea port of Odesa, crucial for grain exports, Russia’s foreign ministry spokeswoman said Sunday. The strik
Jul. 24, 2022
War in Ukraine
Priority access to the Port of Alexandroupolis in northeastern Greece has allowed the U.S. military to continue to support Ukraine in response to Russia’s invasion, according to chief of the Pentagon.
Jul. 24, 2022
On July 21, the NBU abandoned the pre-war official exchange rate of hryvnia vs. US$ and devalued the local currency by 20%. This move is designed to reduce imbalances in the FX market by curbing dema
Jul. 23, 2022
The CEO of Ukrainian energy giant Naftogaz has slammed Canada’s recent decision to undermine sanctions by agreeing to return a gas pipeline turbine to Russia. Speaking to the Atlantic Council, Yuriy V
Jul. 23, 2022
War in Ukraine
Ukraine said Saturday, July 23, that Russian missiles had struck the Odesa port, a key Black Sea terminal, one day after Moscow and Kyiv penned a deal to resume grain exports blocked by the war. “The
Jul. 23, 2022
War in Ukraine
The United States called Friday on Russia to let out Ukrainian grain quickly and voiced hope that a Turkish-brokered deal was well-structured enough to monitor compliance. “We fully expect the impleme
Jul. 23, 2022
War in Ukraine
The increase by the National Bank of the official U.S. dollar exchange rate by 25% – from UAH 29.2549/$1 to UAH 36.5686/$1 – a day later led to a rise in the price of the U.S. dollar in various segmen
Jul. 23, 2022
War in Ukraine
Ukraine and Russia on Friday signed a landmark deal aimed at relieving a global food crisis caused by blocked Black Sea grain deliveries, ending months of negotiations and sending wheat prices tumblin
Jul. 23, 2022
War in Ukraine
Rakhmon Mirzoyev watches on as a combine harvester empties a steady stream of grain into a waiting truck on his farm some 60 kilometres (35 miles) from the frontline in southern Ukraine. Recent good w
Jul. 22, 2022
For over 5 million Ukrainian refugees located in Europe, things may be about to become a little easier. Ukraine’s Ministry of Digital Transformation was founded in 2019, with the goal of making “the s
Jul. 21, 2022
Tuesday was the last transmission of popular Ukrainian television channels Ukraine, Ukraine 24, Football, and others, as Ukraine’s wealthiest man, Rinat Akhmetov, decided to close the doors on all his
Jul. 21, 2022
War in Ukraine
For over a decade, the Nord Stream 1 pipeline reliably shipped natural gas from Russia to Europe — until the war in Ukraine sent tensions soaring. As countries wait to see if Gazprom reopens the key r
Jul. 21, 2022
War in Ukraine
Russia on Thursday resumed critical gas supplies to Europe through Germany, reopening the Nord Stream 1 gas pipeline after 10 days, but uncertainty lingered whether the continent could avert an energy
Jul. 21, 2022
War in Ukraine
Swiss-Swedish engineering giant ABB said on Thursday it will quit Russia as a result of the war in Ukraine and the related international sanctions against Moscow. Russia accounts for only one or two p
Jul. 21, 2022
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Could Russia be forced out of Ukraine, not due to a military victory, but due to the Russian economy's collapse? Increasingly there are signs in Moscow that Russia's war may soon run out of money.
Oct. 3