Ukrainian parliament abolishes the moratorium on agricultural land that had been imposed as a temporary measure during the last 19 years. On March 30, the Verkhovna Rada passed the bill […]
Month: March 2020
China Merchants is paying $1 billion to buy into the Odesa container terminal
China Merchants Port Holdings is buying a minority stake in Odesa Port’s container terminal, Brooklyn – Kiev Port LLC, ubn.news reports. A unit of a Chinese state company, China Merchants is […]
Washington urges European Union to impose sanctions on Russian oligarch Yevgeny Prigozhin
Members of the U.S. House of Representatives have urged the European Union to impose sanctions on Russian oligarch Yevgeny Prigozhin, writes the WSJ. In a letter to the EU’s ambassador […]
Putin prohibits Ukrainians to own their land in Crimea
Six years after illegally invading and annexing Crimea, Russia is to prohibit Ukrainians from owning their own land. Russian President Vladimir Putin’s decree, dated 20 March 2020, prevents those he […]
Ukraine’s new IFV passes initial stage trial
Ukraine’s new Otaman 6×6 infantry fighting vehicle has completed one of the initial trial stages in off-road tests. The amphibious 23-tonne vehicle can run at a max speed of 110 […]
Coronavirus will cause global recession as bad as during the global financial crisis – IMF
IMF predicts a global recession at least as bad as during the global financial crisis or worse. “The economic impact is and will be severe, but the faster the virus […]
Why social distancing matters in the times of pandemic
EU states failed to introduce financial transparency
Most EU member states have failed to meet a legal deadline to introduce public registers of the real owners of companies, a transparency measure seen as key to fighting money […]
Ukraine is negotiating an emergency package from IMF due to coronavirus pandemic
Ukraine is negotiating an emergency package from the IMF to contain the economic fallout from coronavirus, Yakiv Smoliy, governor of the National Bank of Ukraine. He said it is too […]
The deputy chief of staff to Volodymyr Zelensky has found himself amidst a corruption probe
The deputy chief of staff to the Ukrainian president Andriy Smyrnov is now under investigation for his involvement in the escape of a judge, who had been caught taking a […]
Ukraine’s economy can shrink by -1.6% in the first quarter due to coronavirus
If the coronavirus restrictions “are not prolonged” Ukraine’s economy will shrink by -1.6% in the first quarter and will end the year with 1.9% growth, estimates Adamant Capital. “We expect it […]
Elections in occupied Donbas would be a farce
Freedom House report shows OSCE monitored elections in occupied Donbas would be a farce, writes Halya Coynash for Kharkiv Human Rights Protection Group. According to Freedom House, while Ukraine is […]
Ukraine’s IT industry will be combatting a slowdown due to the coronavirus epidemic
Through September, Ukraine’s IT industry will be combatting a slowdown due to the coronavirus epidemic, Konstantun Vasyuk, executive director of IT Ukraine Association, predicts to UNIAN. “We will have to work […]
58 years ago the first satellite was created in Ukraine
58 years ago, on March 16, 1962, the first space satellite DS-2 (“Kosmos-1”), was developed at the Yuzhnoye CB and manufactured at Yuzhmash, was successfully launched from Kapustin Yar by […]
