Excerpts from the most important news on Ukraine
Deconstruction of russian propaganda on Ukraine’s history
29.10.2019
Internews Ukraine and UkraineWorld published the book “Re-Vision of History: russian Historical Propaganda and Ukraine.”The book has two main pillars: an analysis of the key narratives of russian historical propaganda about Ukraine, and comments on those narratives from Ukrainian historians. The narratives were identified within the analysis of the russian internet segment, which was carried out with the help of neural networks and other methods of machine learning.The book also contains responses of Ukrainian historians to these narratives and messages, in particular an ...Turkish Airlines sees Ukraine passenger numbers increase by 17%
29.10.2019
During the first nine months of the current year, the volume of passengers carried to and from Ukraine increased by 17% compared to the same period in 2018, Business Ukraine reports.During the last five years, Turkish Airlines has launched a number of new routes. This has included Kherson in 2014, Zaporizhia in 2015, and Kharkiv in 2017. In 2018, weekly flight frequencies to Lviv and Odesa increased to 10 and 21 flights respectively. In November 2018, flight frequencies to Kyiv ...The World Bank upgrades its growth forecast for Ukraine
29.10.2019
A World Bank report released in mid-October for Ukraine raised the GDP forecast for 2019 from 2.7% to 3.4%, with the growth rate set to accelerate to 3.7% in 2020 before reaching 4.2% in 2021, Business Ukraine reports.This upgrade comes after Ukraine posted a 4.6% year-on-year GDP increase during the second quarter of the current year, comfortably surpassing expectations.The World Bank is the latest international organization to improve its outlook on Ukraine. The IMF recently revised its Ukrainian GDP growth ...Glovo plans to double the number of Ukrainian cities where it makes deliveries
28.10.2019
Glovo, the Barcelona-based courier service, plans to almost double the number of Ukrainian cities where it makes deliveries by year-end. From 11 cities today, Glovo plans to expand to 18-20 cities, Dmitry Rasnovsky, Glovo general manage in Ukraine, told reporters Thursday.While expanding into cities in the 200,000-500,000 population range, there is room to grow. He said in Ukraine, there are 0.2 food deliveries per month person. In Ukraine’s European neighbors, the rate is 1.2. In China, there are now ...Ukraine’s food exports jumped 22%
23.10.2019
Ukraine’s food exports jumped 22% through September y-o-y, to $15.6 billion, reports UCAB.With this jump, food now accounts for 42% of all of Ukraine’s exports, up 37% from last year. In 2018, Ukraine exported a record $18.8 billion worth of food.The year, exports are boosted by a 61% jump in sales of corn, most of it from last year’s harvest.Ernest is setting up a Ukrainian unit for domestic flights
22.10.2019
Ernest is setting up a Ukrainian unit to allow it to fly passengers on domestic flights. “Today we are starting work on obtaining a Ukrainian license,’ said Chady El Tannir, Ernest president, at a ceremony opening the airline’s Ukraine office. Turning to Deputy Infrastructure Minister Oleksandra Klitina, he said: “I am pleased to accept the proposal of the Deputy Minister regarding the expansion of our network and its distribution to Ukrainian open spaces.”At present, no foreign airlines have domestic units ...NBU plans to cut its interest rate to 9%
22.10.2019
Ukraine’s central bank is sticking to its goal to cut the nation’s prime rate from 16.5% today to 9% at the end of next year.“How quickly the key policy rate will get to the 8% level is another issue — it will depend on both internal and external risks,” said Kateryna Rozhkova, a deputy governor of the National Bank of Ukraine.Ahead of Thursday’s rate-setting meeting of the central bank, Reuters polled 15 Ukrainian analysts. Of the group, 11 ...Retail sales are up by almost 10%
22.10.2019
Retail sales are up by 9.8% through September in real, inflation-adjusted terms, compared to the first nine months of last year.The State Statistics Service lists the hottest regions: Vinnytsia +17.6%; Ternopil +16.9%; Kyiv Oblast +15.7%; and Kyiv City +14.7%. Growing three times faster than the overall economy, retail sales are fueled by increased salaries and remittance from workers in the EU, currently clocked at $1 billion a month.In 2018, retail sales were up 6.1% over 2017.Top US think tank takes money from a russia-tied oligarch
20.10.2019
56 former US national security officials, academics, and activists have criticized Council on Foreign Relations for accepting $12 million from a Soviet-born oligarch with russian ties Len Blavatnik, qz.com reports.Last year, the US Treasury sanctioned Viktor Vekselberg, Blavatnik’s longtime business partner. Another associate, Oleg Deripaska, has been under sanctions since 2018.The US believes both men are among a group of oligarchs playing “a key role in advancing russia’s malign activities.”Ukraine’s grain export is up by 36%
18.10.2019
Since the July 1 start of the marketing year, Ukraine has exported 15 million tons of grain, 36% more than during the same period last year, ubn reports.Similarly, oilseed exports are up by 66% during the same period, to 3 million tons, according to Ukraine’s Service for Food Safety and Consumer Protection.Last week, Dmitry Sologub, a deputy central bank governor, predicted the overall grain harvest could hit 80 million tons this year, up 14% over last year’s record 70 ...PrivatBank wins appeal in lawsuit against former owners
15.10.2019
Ukraine’s PrivatBank won an appeal in a lawsuit that allows the country’s largest lender to pursue claims against its former owners in a London court, PrivatBank said.The Court of Appeal found that “the Bank has sufficient litigation to recover $1.9 bln as stated in the lawsuit,” and that the worldwide asset freeze remains valid.PrivatBank’s case against former owners Ihor Kolomoisky and Gennadiy Bogolyubov alleges fraud that it says cost the bank hundreds of millions of ...Giuliani’s friend is linked to Yanukovych’s stolen cash?
14.10.2019
A business associate of Donald Trump, Ukraine-born businessman Semyon Kislin, who is due to give evidence at the US president’s impeachment inquiry on October 14, tried to obtain millions of dollars that Ukrainian prosecutors deemed stolen, Al Jazeera reports.Kislin is a long-time friend of Trump’s personal lawyer, Rudy Giuliani, who is said to donate money to Giuliani’s political campaigns in the 1990s. As reported, in January last year, Kislin lobbied the former US Ambassador to Ukraine, Marie Yovanovitch, to help him unlock millions ...
