Partners news Wednesday, April 7 Adamant analysts said: “We lean towards Moscow’s actions being more of a show of force rather than a real preparation for a confrontation…Crossing over [into the Donbas] once more, especially with the world closely watching... #RussiaandUkraine #RussianAgression
Partners news Wednesday, April 7 Russia’s military buildup on Ukraine’s border and in Crimea “has also pushed Ukrainian sovereign bonds to their lowest level since November,” Reuters reported last night. Adamant Capital elaborated: “The price of Ukraine’s 11-year benchmark Eurobond (2032) has... #RussiaandUkraine #RussianAgression #RussianMilitary
Partners news Wednesday, April 7 Iranian military prosecutors have filed charges against 10 people allegedly involved in the January 8, 2020 shoot-down of a UIA passenger jet over Tehran, killing all 176 aboard. Last month, Iran made public a ‘final’ report, blaming an unidentified Tor-M1 air defense system operator who mistook the passenger jet for an American target. Canada, whose nationals account for almo... #IranandUIA #UIAairplaneAccident #UIAflightinIran #UIAplanecrash
Investments Wednesday, April 7 Boycotting Belarusian buses, Lviv Mayor Andriy Sadovyi says he will not accept the results of a European Investment Bank tender that awards the contract for 100 buses to MAZ, the Belarus company. “We have no right to finance the ... #AndriySadovyi #BelarusandUkraine #BelarusBusses #LvivMayor
Agriculture Wednesday, April 7 Corn exports are down 25% yoy in the first half of the October-September 2020 marketing season, reported APK-Inform. Of the 15.9 million tons exported so far, the top markets were: China – 6 million tons; EU – 5 million tons; and Egypt – 1.7 million tons. This year, Ukraine is expected to export... #agroUkraine #CornExport #CornfromUkraine #UkrainianCorn
Economy Wednesday, April 7 Ukraine’s seaports handled 20.5% less cargo tonnage during the first quarter of this year than during the same January-March period last year, reported the Sea Ports Administration. The big factor in the drop to 33 million tons was a 37% decrease in grain export volumes, to 8.6 million tons. Ore exports were down by 12%, to 9 million tons. D... #SeaPortcargo #SeaPorts #UkrainePorts #UkraineSeaPorts
Finance Wednesday, April 7 Forbes lists seven Ukrainians amongst its latest list of the world’s 2,755 billionaires. They are: Rinat Akhmetov — $7.6 billion; Viktor Pinchuk — $2.5 billion; Konstantin Zhevago — $2.3 billion; Igor Kolomoisky — $1.8 billion; Gennadiy Bogolyubov — $1.7 bill... #ForbsUkraine #UkraineBillioners
Finance Wednesday, April 7 Ukraine’s annual inflation will reach a 1.5-year high of 8% in March 2021, exceeding the Central Bank’s forecast of 7.6%, said a monthly Reuters poll of Ukrainian analysts. Analysts said consumer prices rose due to inflation imported from world commodity markets, notab... #Inflation2021 #InflationinUkraine #UkraineInflation
Partners news Wednesday, April 7 Smartphone sales increased by 6% last year, to 6.9 million, reported the analytics firm, International Data Corporation. Sales dropped during the second quarter lockdown, then came back with a roar, increasing by 37% yoy in the last quarter of 2020. This year,... #retailUkraine #SmartPhoneSales
Finance Wednesday, April 7 Last year, Ukraine weathered the Covid recession comparatively well. According to figures compiled by Alfa-Bank Ukraine, the GDP drops for 2020 were: Poland – 2.8%; US – 3.5%; Ukraine – 4.1%; Germany – 5%; Czech – 5.6%; EU – 6.4%; France – 8.3%; Italy – 8.8%; and Spain... #GDPdrop #GDPinUkraine
Finance Wednesday, April 7 The IMF has raised its Ukraine GDP growth to 4% this year, up from its forecast of 3% made six months ago. World GDP is to increase by 6% this year, “reflecting additional fiscal support in a few large economies and the anticipated vaccine-powered recovery in... #GrowthForcast #imf #UkraineGDP
FinanceInvestments Wednesday, April 7 The total value of mergers and acquisitions in Ukraine in 2020 dropped by 62%, falling below $1 billion. The number of M&A deals was 69, down 15% in comparison to 2019, according to a report issued yesterday by KPMG. Although deals are off to a slow start this year, the report predicts: “Momentum wil... #M&A #M&AdealinUkraine #M&Adeals
AgricultureEconomyInvestments Wednesday, April 7 Beyond “ensuring Qatar’s food security,” Ukraine is discussing using Qatar as a logistics hub to supply food to the region, said Ihor Zhovkva, Deputy Presidential Chief of staff, (Ukrinform). Reviewing President Zelenskiy’s one day visit to Doha Monday, Zhovkva said: “During the talks, the leaders discussed the possibility... #FoodforQatar #QatarLogisticHub #UkraineandQatar #ZeinQatar
Energy Wednesday, April 7 Qatar’s Nebras Power and Kyiv’s UDP Renewables have entered into a consortium. It’s designed to yield up to $250 million in joint investment in Ukrainian solar and wind plants by the end of next year, said Sergiy Yevtushenko, UDP’s co-founder and managing partner, on Facebook yesterday. Yevtushenko wrote, Nebras, a state-owned company, will buy control of six solar stations... #Qatar’sNebrasPower #UDP #UDPrenewables