Section: Main news
Ukraine sees reduction in deficit of foreign trade balance in Q1
The deficit of Ukraine`s balance of foreign trade in January-March 2016 (Q1) amounted to $89.1 million against a $660 million deficit in the same period last year, according to the State Statistics Service of Ukraine.As reported, imports of goods and services in Ukraine, excluding services provided on a tolling basis, decreased by 9.1%, to $9.777...
Russian drone attacks Ukraine rear military unit, drops six bombs
The combined Russian-separatist forces attacked Ukrainian army positions in eastern Ukraine 18 times in the past 24 hours, and another six times after midnight, including with the use of a drone, according to the press center of the Anti-Terrorist Operation (ATO) headquarters. An enemy unmanned aerial vehicle (UAV) attacked a Ukrainian military...
Pakistan PM proposes Panama Papers probe in parliament
Pakistan Prime Minister Nawaz Sharif asked parliament on Monday to form a commission to investigate allegations stemming from the Panama Papers leak but opposition lawmakers walked out, saying he had evaded questions about his family`s affairs, according to Reuters.Sharif has been under pressure since documents released as part of the Panama...
NBU strengthens official exchange rate to UAH 25.39 to dollar
The National Bank of Ukraine on Monday evening strengthened the official hryvnia exchange rate by six kopiykas, bringing the national currency to UAH 25.39 to the dollar.The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for May 17:$100 costs UAH 2,539.4671 (on May 16, it was UAH...
Philly: Ukrainian hacker pleads guilty before U.S. judge in insider-trading case
A 28-year-old Ukrainian hacker pleaded guilty Monday, May 16, 2016, to taking part in a long-running international scheme in which yet-to-be published financial news releases were stolen and the information used in illegal trading that generated an alleged $30 million in profits, according to philly.com, a Philadelphia news portal.The scheme ? in...
Five more Ukrainian cities will have their brand new police by June
Ukrainian Interior Minister Arsen Avakov has announced that the brand new police will start working in five more cities and towns by June.”The [law-enforcement] reform is being implemented step-by-step,” he tweeted on Sunday, May 15.In particular, patrol police will begin to work in the cities of Kryvy Rih and Mariupol, as well as in the towns of...
Surplus of Ukraine`s foreign trade in services up 7% in 1Q
The surplus of Ukraine`s foreign trade in services in January-March amounted to $1.112 billion, which is 7% more than the surplus in the same period of the previous year at the level of $1,04 billion, according to the State Statistics Service of Ukraine.The export of goods from Ukraine decreased by 1,5% in January-March 2016 year-over-year to...
President urges G7 to prolong sanctions against Russia
Ukrainian President Petro Poroshenko on Monday, May 16, met with G7 Ambassadors accredited in Ukraine, emphasizing the need to extend the sanctions against Russia for the non-fulfillment of the Minsk agreements, according to the president`s press service.According to the president, pro-Russian militants have tended to escalate the situation in...
NBU to revise deposit restrictions after cooperation with IMF resumes – NBU deputy chief
National Bank of Ukraine after the resumption of cooperation with the International Monetary Fund, in addition to lifting the ban on repatriation of dividends, intends to soften current restrictions on the withdrawal of deposits, NBU Deputy Governor said in an exclusive interview with UNIAN.”In addition to the ban on dividends, we see that a ban...
Ukraine`s Agrarian Minister calls for privatization of SFGCU, Agrarian Fund
Minister of Agrarian Policy and Food of Ukraine Taras Kutovyi has spoken in favor of privatization of the State Food and Grain Corporation of Ukraine and the Agrarian Fund, the state-owned enterprise on forward purchases.”I am convinced that such enterprises as the Agrarian Fund and the SFGCU may be more effective, and it makes no sense to keep...