Section: Latest news
Visa-free travel for Ukraine will be available in a few months – Head of the Delegation of the European Union to Ukraine
Head of the Delegation of the European Union to Ukraine, Ambassador Hugues Mingarelli says that visa-free travel for Ukraine will be available in a few months, according to an UaPosition correspondent. ”European authorities have decided that in a few months, citizens of Ukraine will be able to travel to EU countries without visas. This decision...
Hryvnia strengthens to UAH 26.11 to dollar on interbank market
Hryvnia quotations against the dollar on the interbank currency market on Tuesday strengthened to UAH 26.07/26.11 to the dollar by the middle of trade, a broker at a commercial bank has told an UaPosition correspondent. Hryvnia quotes against the euro have settled at UAH 27.6915/27.7340, while those against the Russian ruble have settled at UAH...
SWIFT confirms new cyber attacks, hacking tactics
Cyber attacks targeting the global bank transfer system have succeeded in stealing funds since February`s heist of $81 million from the Bangladesh central bank as hackers have become more sophisticated in their tactics, according to a SWIFT official and a previously undisclosed letter the organization sent to banks worldwide, Reuters reported....
New “Soviet” Union is possible – Mikhail Gorbachev
Mikhail Gorbachev, the first and last president of the USSR, has said that a new Union state is possible, according to Russian news agency TASS. ”The Soviet Union cannot be restored. But a new Union can be established,” he said in an interview with TASS. ”In the former borders, with the same members, on the basis of free will. I think a new Union...
S&P positive about withdrawal of 80 banking licenses in Ukraine by National Bank of Ukraine
S&P Global Ratings notes an improvement in Ukraine`s banking sector and says it views positively the withdrawal of 80 banking licenses. ”Conditions in the financial sector have improved but further recovery will be slow due to high credit risk. We view positively the withdrawal of 80 banking licenses due to a lack of transparency regarding...
United Nations Security Council underlines need for stronger judicial cooperation to combat terrorism
Condemning acts of terrorism and their impact on innocent civilians and on peace and stability, the United Nations Security Council emphasized the need for establishing willful violation of prohibition on financing of terrorist organizations or individual terrorists as serious criminal offenses in national laws and regulations. In...
Ukrainians are ready not pay bribes in order to stop corruption
2016 Global Corruption Barometer survey from Transparency International showed that 29% of Ukrainians are ready to not pay bribes, in order to stop corruption. While according to the previous 2013 Global Corruption Barometer survey (before the Revolution of Dignity) one in three Ukrainians were ready to go to the streets to fight corruption, this...
The European Parliament may vote for Ukraine visa-free regime on February 1, 2017
In the case of a positive completion of the inter-institutional negotiations on granting Ukraine a visa-free regime, the European Parliament may vote this issue February 1 of next year, according to the website of the EP. The website states the approximate date of the plenary session, when the Ukraine visa liberalization issue may be considered,...
The official hryvnia exchange rate is cut by NBU to UAH 26.17 to dollar
The National Bank of Ukraine on Monday evening lowered the official hryvnia exchange rate by 30 kopiykas, bringing the national currency to UAH 26.17 to the dollar. The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for December 13: $100 costs UAH 2,617.1129 (on December 12, it was UAH...
Oil prices are stable but can turn negative very quickly
Oil prices were stable on Tuesday, buoyed by soaring demand in Asia and as signs of a crude production cut organized by OPEC and other exporters materialized, tightening a market that has been grappling with years of oversupply, according to Reuters. International Brent crude LCOc1 was trading at $55.67 per barrel at 0430 GMT, virtually unchanged...