Section: Economy
Ukrainian farmers already planted sunflower on 3.5 mln ha
Ukrainian growers still fail to catch up with last year`s oilseed planting pace as the weather-caused lag persists. At the same time, a boost is observed in planting operations in late April and early May, as reported by UkrAgroConsult. According to the Agrarian Ministry of Ukraine, sunflower was sown on an area of 3,487 hectares as of May 4 –...
Putin instructs Gazprom to proceed with laying underwater section of Turkish Stream pipeline
Russian energy monopoly Gazprom has completed the preparatory work on the Turkish Stream gas pipeline and intends to start laying its sea section in the coming days, Gazprom CEO Alexei Miller told Russian President Vladimir Putin at their latest meeting, Prime news agency reports. In turn, Putin said that the issue of Turkish Stream had been...
Ukraine`s major state-owned gas producer boosts profits
Ukrgazvydobuvannia, Ukraine`s largest state-owned gas producer, in 2016 increased its net profit by 77.9 times compared to 2015, from UAH 153 million to UAH 11.919 billion, the company`s report says. The net income of Ukrgazvydobuvannia increased by 2.5 times in 2016, to UAH 55.041 billion, according to the report. Gross profit increased by 6.3...
U.S. House approves tighter North Korea sanctions – media
The U.S. House of Representatives overwhelmingly approved legislation on Thursday to tighten sanctions on North Korea by targeting its shipping industry and companies that do business with the reclusive state, according to Reuters. The vote was 419 to 1, Reuters wrote. Supporters said the legislation was intended to send a strong message to North...
Bitcoin soars above $1,400 to all-time high – Reuters
Bitcoin surged to an all-time high above $1,400 on Tuesday, after more than tripling in value over the past year, with its most recent rise attributed to strong demand in Japan, where the digital currency has been deemed a legal means of payment, Reuters reported. Cryptocompare, a data website that analyses bitcoin trading across dozens of...
Experts explain Ukraine`s trade prospects with EU
The European choice of Ukraine determines the country`s strategy on the European Union as the priority foreign-trade partner. The pattern and pace of the national economy`s growth and the European integration idea`s progress critically depend on the development of commodity relations with the EU, UkrAgroConsult reports. From 2013 till 2015, the...
Third of Ukrainian banks need additional capitalization – National Bank of Ukraine
Twenty-seven financial institutions out of 60 largest banks in Ukraine, on which the National Bank of Ukraine (NBU) conducted diagnostics in 2015-2016, are continuing additional capitalization, the NBU reported. According to the NBU, the program of additional capitalization is implemented by eight banks from the first group, whose diagnostics was...
Budget revenue exceeds targets by almost 19% in 2017 – State Treasury
Ukraine`s state budget in January-April 2017 received UAH 259.785 billion in revenue, which exceeded the budget financing targets by 18.9%, according to Ukraine`s Treasury Service. Revenues of the state budget over the period under review was 51.1% up year-over-year (y-o-y). In April, the state budget received UAH 85.028 billion in revenue,...
Oil closes near six-week low as supply falls less than expected
Crude closed near a six-week low in New York after U.S. inventories declined by less than analysts projected, according to Bloomberg. Crude stockpiles fell 930,000 barrels to 527.8 million, the Energy Information Administration reported Wednesday – less than a third of the 3 million-barrel decline forecast by analysts surveyed by Bloomberg....
Russia boosts gas transit via Ukraine
Transit of natural gas through the Ukrainian gas transport system (GTS) in January-April 2017 increased by 23%, or to 30.5 billion cubic meters year-over-year, according to the press service of Ukrtransgaz. In April, 7.3 bcm was delivered to European consumers, which is 31.5% more than reported for the same period last year, reads the report by...
Top stories
General Staff operational report August 22, 2023 on the Russian invasion of Ukraine Tuesday, August 22, 2023 - 18:55 (EEST)
-
