bidenandukraine

Monday, November 23

With clouds hanging over Ukraine’s deal with the IMF, President Zelenskiy is bringing back into his government two US-trained economists he let go last March – his former Finance Minister and his former Economy Minister. With clouds hanging over Ukraine’s deal with the IMF, President Zelenskiy is bringing back into his government two US-trained economists he let go last March – his former Finance Minister and his form...

Oksana Markarova, the former Finance Minister, has been nominated to serve as Ukraine’s next Ambassador to the United States. Oksana Markarova, the former Finance Minister, has been nominated to serve as Ukraine’s next Ambassador to the United States. Trained in public finance at Indiana University, Markarova worked in the F...

A fluent English speaker, Markarova has participated in numerous negotiations with the IMF, World Bank and other foreign financial institutions. A fluent English speaker, Markarova has participated in numerous negotiations with the IMF, World Bank and other foreign financial institutions. Foreign Minister Dmytro Kuleba reacted to press specula...

Tymofiy Mylovanov, the former Economy Minister, has been appointed as a “non-staff” adviser to Andriy Yermak, Zelensky’s chief of staff. Tymofiy Mylovanov, the former Economy Minister, has been appointed as a “non-staff” adviser to Andriy Yermak, Zelensky’s chief of staff. After resigning from the Cabinet in March, Mylovanov has served...

Mylovanov, a University of Wisconsin-Madison graduate, is known for advocating forceful, generally free market policies. Mylovanov, a University of Wisconsin-Madison graduate, is known for advocating forceful, generally free market policies. Two weeks ago on the Svoboda Slova program he advocated a hard lockdown to slow...

In another personnel change, the Cabinet fired on Friday Olha Buslavets, the acting Energy Minister, replacing her with Yuriy Boyko, her deputy at the Ministry In another personnel change, the Cabinet fired on Friday Olha Buslavets, the acting Energy Minister, replacing her with Yuriy Boyko, her deputy at the Ministry. Buslavets had served as acting minister...

In a black eye for Ukraine’s investment image, a pioneer Canadian renewables investor is accusing Igor Kolomoisky and his business partners of trying steal a 10.5 MW solar plant. In a black eye for Ukraine’s investment image, a pioneer Canadian renewables investor is accusing Igor Kolomoisky and his business partners of trying steal a 10.5 MW solar plant. Built by Calgary’s TI...

In the summer of 2019, Kolomoisky stopped paying the green tariff for solar and wind electricity nationwide. In the summer of 2019, Kolomoisky stopped paying the green tariff for solar and wind electricity nationwide. On March 1st, the Ferroalloy plant cut off TIU Canada from the substation. Later, in face t...

The TIU Canada plant in Nikopol is one of several completed solar plants around Ukraine that are not functioning because of problems connecting with power grids The TIU Canada plant in Nikopol is one of several completed solar plants around Ukraine that are not functioning because of problems connecting with power grids, Artem Semenyshyn, Executive Director o...

TIU Canada’s Vita Solar is one of several dozen small renewable companies that are suing for nearly $18 million from the Guaranteed Buyer TIU Canada’s Vita Solar is one of several dozen small renewable companies that are suing for nearly $18 million from the Guaranteed Buyer, the state company that is obliged to buy power from renewable...

President-elect Biden will be well-positioned to help President Zelenskiy fight against corruption in Ukraine President-elect Biden will be well-positioned to help President Zelenskiy fight against corruption in Ukraine, The Washington Post wrote last week in an editorial titled: “Ukraine’s anti-corruption pu...

Ukraine averaged 14,500 new coronavirus infections on Friday and Saturday – double the level of one month earlier. Ukraine averaged 14,500 new coronavirus infections on Friday and Saturday – double the level of one month earlier. Starting Saturday, police have the right to fine people not wearing masks in public p...

Under the current regime of weekend quarantines, 17,000 to 33,000 people could die of coronavirus in Ukraine over the next five weeks Under the current regime of weekend quarantines, 17,000 to 33,000 people could die of coronavirus in Ukraine over the next five weeks, according to a forecast by the Kyiv School of Economics. As of ye...

Nationwide Ukraine, an average of 27% of PCR tests for Covid are showing positive results. Nationwide Ukraine, an average of 27% of PCR tests for Covid are showing positive results. “Uncontrolled outbreak” is how Pavlo Kovtonyuk, head of the School’s Center for Health Economics, described t...

Thursday, November 12

Central bank governor Kyrylo Shevchenko is in Washington this week, trying to revive the stalled IMF deal. Against that background, Concorde Capital’s Central bank governor Kyrylo Shevchenko is in Washington this week, trying to revive the stalled IMF deal. Against that background, Concorde Capital’s Evgeniya Akhtyrko writes: “A significant increase...

Starting at midnight tomorrow night, Ukraine embarks on the first of three ‘weekend lockdowns’ – partial shutdowns where restaurants, shopping centers and fitness centers will be closed through Sunday nights. Starting at midnight tomorrow night, Ukraine embarks on the first of three ‘weekend lockdowns’ – partial shutdowns where restaurants, shopping centers and fitness centers will be closed through Sunday...

With 10 of Ukraine’s 24 regions reporting 70% or higher occupancy rates in their Covid wards With 10 of Ukraine’s 24 regions reporting 70% or higher occupancy rates in their Covid wards, Prime Minister Shmyhal warned yesterday at a televised government meeting: “Given the current situation, b...

Although the Health Ministry is increasing Ukraine’s Covid hospital beds by 50%, to 80,000, Although the Health Ministry is increasing Ukraine’s Covid hospital beds by 50%, to 80,000, the Prime Minister warned last week: “We have arrived at the point of no return and are close to catastrophe...

Denmark has donated 50 ventilators to Ukraine Denmark has donated 50 ventilators to Ukraine, the Foreign Ministry reported Tuesday. DTEK and the Rinat Akhmetov Foundation have donated 62 ventilators since the start of the pandemic.

Health Minister Maksym Stepanov said yesterday: “We would like to do a complete lockdown for three weeks, but our economy won’t survive.” Health Minister Maksym Stepanov said yesterday: “We would like to do a complete lockdown for three weeks, but our economy won’t survive.” To ease economic pain, Prime Minister Shmyhal promised to give...

“Our main message is: ‘Let people work,’ “Our main message is: ‘Let people work,’” Olena Obukhovska, spokesman for the Arricano shopping mall group, told Interfax-Ukraine. Drawing 300 people, the protest was supported by the Ukrainian Restau...

Andriy Piontkovksy, founder of the Cherry Berry chain of candies and natural drinks shops, wrote on Facebook that half of his turnover takes place in shopping centers on weekends. Andriy Piontkovksy, founder of the Cherry Berry chain of candies and natural drinks shops, wrote on Facebook that half of his turnover takes place in shopping centers on weekends. He asked: “How can w...

Alexander Savilov, co-owner of the Salateira restaurant chain, wrote on Facebook that many entrepreneurs say a short, hard lockdown would be more effective. Alexander Savilov, co-owner of the Salateira restaurant chain, wrote on Facebook that many entrepreneurs say a short, hard lockdown would be more effective. He said: “Many are in favor of a complete l...

Lviv, a city with a big tourism economy, is preparing a lawsuit against the weekend lockdown decision, Lviv, a city with a big tourism economy, is preparing a lawsuit against the weekend lockdown decision, Mayor Andriy Sadovyi wrote last night on Facebook. “Lockdown for the weekend is absurd,” said Sad...

The most recent political notables testing positive for coronavirus are: The most recent political notables testing positive for coronavirus are: Dmytro Razumkov, speaker of the Rada, and Oleksiy Reznikov, deputy Prime Minister and minister for Reintegration of Temporarily...

On President-elect Joe Biden, Serhiy Sydorenko On President-elect Joe Biden, Serhiy Sydorenko writes in an analysis in Evropeiska Pravda: “Implementation of reforms in Ukraine is going to be the main indicator on which the US would premise buildin...

With Joe Biden’s political emergence, perceived Ukraine risk has dropped and yields are down on Ukraine’s benchmark Eurobonds With Joe Biden’s political emergence, perceived Ukraine risk has dropped and yields are down on Ukraine’s benchmark Eurobonds. Since Oct. 12, yields on the bond maturing in 2025 have dropped 90 basis ...

Ukreximbank, the nation’s third largest bank, is repurchasing its Eurobonds maturing in 2022 and 2025 for a total of $300 million. Ukreximbank, the nation’s third largest bank, is repurchasing its Eurobonds maturing in 2022 and 2025 for a total of $300 million. The state-owned bank reports that the redemption price of bonds matur...

Timothy Ash writes from London: Timothy Ash writes from London: “With Ukrainian Eurobonds ignoring the local constitutional crisis and taking their lead from global beta, I would be amazed if the Ministry of Finance does not tap the...

On the hryvnia bond market, the Finance Ministry raised rates and quadrupled government bond sales Tuesday, compared to the week prior. On the hryvnia bond market, the Finance Ministry raised rates and quadrupled government bond sales Tuesday, compared to the week prior. The Finance Ministry reports that it raised the equivalent of $2...