FinancePartners news Friday, April 23 Ukraine’s GDP warrants and Eurobonds reacted positively to news yesterday that Russia will start to withdraw its troops from Ukraine’s borders . Warrants jumped from 102.5% to 104.4%, and Eurobonds rose by 0.8-2.3 percentage points, depending on maturity dates. #Bondmarket #eurobonds #GDPwarrants
Partners news Friday, April 23 Russian Defense Minister Sergei Shoigu declared military drills near Ukraine to be over and that units would be withdrawn to their bases in central and eastern Russia. Anticipating more drills later this year, he said soldiers would leave large weapons in place, largely in Pogonovo firin... #RussianAgression #RussianArmyatUkraineBorder
Finance Friday, April 23 Hours before Russia announced the withdrawal Foreign Minister Dmytro Kuleba told Reuters that European foreign ministers should meet Monday and discuss kicking Russia out of the global SWIFT payments system . The US has kept this measure in reserve as a severe financial sanction. As of 2018, around half of all high-value cross-border payments worldwide used the SWIFT network, exchanging an average of 32 ... #RussiawithoutSWIFT #SWIFTpayments
Tech Friday, April 23 U.S. intelligence agencies helped Ukraine foil 350 Russian cyberattacks during the first quarter of this year , US News reports, citing a Ukrainian embassy official in Washington. By comparison, Ukrainian security services interrupted 600 attacks during all of last year, reports Interfax-Ukraine. On Monday, A... #RussianSyberattacks #SyberAttacks #SyberSecurity
Partners news Friday, April 23 Prime Minister Shmygal is asking government agencies to facilitate more tourist flights to Turkey and to facilitate visits here of Turkish tourists with Covid-19 vaccination certificates. According to the government portal, the Prime Minister calls for “organizing additional flights on popular rou... #FlightstoTurkey #MinisterShmygal
Partners news Friday, April 23 With Belarus increasingly coordinating its military policies with Russia, Ukraine is slapping a 35% duty on MAZ trucks and buses, a move expected to end their import into Ukraine. Belarus’ state-owned Minsk Automobile Plant, or MAZ, has been a major supplier of city buses and oversized trucks for mining operations in Ukraine. Uk... #BelarusandUkraine #BelarusianBusses #BelarusianTrucks
EconomyInvestmentsReal Estate Friday, April 23 Bolshevik, the oldest machine building plant in Kyiv, will probably be sold for the value of its 35 hectares of prime real estate, predicts Dmytro Sennychenko, head of the State Property Fund. Founded 140 years ago by a Swiss engineer, the state-owned factory has fallen on hard times, with production dwindling and bushes growing ... #Bolshevik #BolshevikforSale #KyivBolshevik
EconomyInvestments Friday, April 23 Eight former prisons are to be sold this year, Justice Minister Denys Malyushka writes on Facebook. Three – in Irpin, Lviv and Odesa – are already in the auction pipeline. The other five are to be transferred shortly to the State Property Fund. Pr... #Prisonsforsale #UkrainePrisons
AgricultureFinanceInvestmentsPartners news Friday, April 23 The first of seven state-owned flour mills is to be privatized through auction on May 7 , the State Property Fund reports. Often called ‘bakeries’ these Soviet-era complexes mill wheat and corn into flour and animal feed. Located alongside railroad tracks, the seven ‘kombinats’ have elev... #BigPrivatization #FlourMills #StatePropertyFund
FinanceInvestments Friday, April 23 During the first quarter, the State Property Fund conducted 377 privatization auctions, raising $36 million for the Treasury. By July 1, the Fund plans to complete the sale of all 40 properties of Ukrspirt, the former state alcohol monopoly producer. #BigPrivatization #PrivatizationAuctions
Partners news Friday, April 23 After two months of declines, industrial production grew in March, recording a 2.1% increase, the State Statistics Service reports. The March growth was not big enough to offset declines in January and February. The first quarter was down 2% yoy. Last year, industria...
FinancePartners news Friday, April 23 Bankers are optimistic about lending prospects for the next 12 months , according to the National Bank of Ukraine’s quarterly survey. Of credit managers polled, 78% predict an increase in the loan portfolio of corporations, 82% predicted an increase in loans to househol...
Finance Friday, April 23 Looking back at the first quarter of this year , the central bank reported: “Demand for loans increased from business and individuals, including mortgage demand was the highest in the history of observations.” Lower interest rates were cited as th...