Excerpts from the most important news on Ukraine
JPMorgan Chase&Co. buys Ukraine’s bonds worth US 350 mln dollars
15.03.2019
JPMorgan Chase & Co. has bought all the sovereign bonds additionally placed by Ukraine to the tune of US$350 million. “JPMorgan Chase & Co. lent about $350 million to Ukraine’s government Tuesday, two weeks before a presidential election in the cash-strapped Eastern European country,” the Wall Street Journal said on March 14, writes UNIAN.The bank lent the money by purchasing bonds directly from Ukraine, a departure from the standard Wall Street practice of arranging bond sales from governments to outside ...Kyiv recognized globally for return on budget investment
14.03.2019
Kyiv has entered top 10 the most successful cities for return on budget investment according to the Return on Investment ranking published by fDi. The Return on Investment ranking determines how efficiently locations are using their resources to attract investment.Budget and staff information provided to fDi throughout the year in the FDI Strategy category of the rankings is compared with the corresponding FDI data collected from greenfield investment monitor fDi Markets, explains fDi Magazine (the part of the Financial ...Is Washington preparing sanctions against Nord Stream 2?
14.03.2019
Washington is preparing to enact sanctions against Nord Stream 2, probably against the investors and the pipe laying companies, The Wall Street Journal reported Monday in a lengthy article, reports ubn.news.Officials in Germany, the world’s biggest natural-gas importer, say American liquefied natural gas is 20% more expensive in Europe than russian pipeline gas. Separately on Monday, Rick Perry, the US Energy Secretary, told reporters that the Trump Administration is ‘still considering’ sanctions.The Nord Stream 2 project is being implemented by ...European Parliament: No More ‘Business As Usual’
12.03.2019
The European Parliament has overwhelmingly voted to approve a report stating that russia “can no longer be considered a ‘strategic partner’” and that “the EU cannot envisage a gradual return to ‘business as usual’ until russia fully implements the and restores the territorial integrity of Ukraine,” writes rferl.org. The report — titled On The State Of EU-russia Political Relations — is nonbinding but represents the European Parliament’s position on ...EU confirms Nord Stream 2 threatening its internal market
12.03.2019
The European Parliament has confirmed a possibility of higher EU dependency on russian gas supplies and a growing threat for the EU internal market in case the Nord Stream 2 pipeline project is implemented, writes UNIAN.“Nord Stream 2 reinforces EU dependency on russian gas supplies, threatens the EU internal market and is not in line with EU energy policy, and therefore needs to be stopped,” reads the report published on the European Parliament website.The EP says it no ...U.S. approves bill prohibiting recognition of Crimea as part of russia
12.03.2019
Members of the Foreign Affairs Committee of the U.S. House of Representatives have unanimously approved a bill that prohibits the U.S. government from recognizing Crimea as part of russia. This is stated in a markup summary of the Foreign Affairs Committee.“By unanimous consent, the measures were ordered favorably reported, as amended, to the House,” the document says.The bill itself prohibits any federal agency from ...Fitch Affirms Ukraine at ‘B-‘; Outlook Stable
12.03.2019
Ukraine’s ratings balance weak external liquidity, high external financing needs driven by sovereign external debt repayments, a weak banking sector, institutional constraints and political risks in relation to peers, against improved policy credibility and consistency, improving macroeconomic stability, declining government debt and a track record of bilateral and multilateral support, Fitch Ratings reports.Ukraine’s continued engagement with the International Monetary Fund (IMF) has eased financing constraints and supported the recovery in international reserves. Ukraine received the first disbursement (USD1.4 billion) under ...Ukrainian “smart” helmet for tank crews inks UAE contract
12.03.2019
Ukrainian company LimpidArmor, which created a smart helmet for tank crews based on Microsoft HoloLens smart glasses, has signed a contract with IGG, a recognized leading supplier to the UAE Armed Forces and high-end defense and security solutions provider The startup manager, Mykhailo Hrechukhin, says that in February this year, the company showcased the finished product at the IDEX-2019 military exhibition in Abu Dhabi, UNIAN reports.The success at the expo led to the signing of the promising contract with ...Survey: Ukraine’s mobile internet one of world’s cheapest
11.03.2019
Ukraine has the fourth cheapest mobile internet access in the world according to new research published by British consumer telecom analyst Cable.co.uk. The global survey featured 6,313 mobile data plans in 230 countries and assessed the average cost of one gigabyte (1GB) in each country.With an average price of USD 0.51 for 1GB, Ukraine took the fourth position, with data tariffs being cheaper only in India, Kyrgyzstan and Kazakhstan“When it comes to cheapest, though, don’t expect a fast (or even in some cases, ...Ukraine enters 85 new agriculture markets
11.03.2019
Ukraine secured access to 85 new agricultural export markets last year as the country continued to expand its global reach as a food supplier, writes Business Ukraine magazine. The process was part of an ongoing expansion trend that has seen Ukrainian foodstuffs exporters gain greater market share since 2014 in Europe, North America, Asia and Africa.New markets entered in 2018 included Albania, Tunisia and Ghana (poultry), Montenegro, Morocco and Serbia (eggs), North Macedonia (milk) and the United Arab Emirates (sheep). ...Bild: He is Back. putin has revived the cult of Stalin
09.03.2019
Er ist wieder da.For some time now one of the three worst mass murderers in history has been considered as a role model and a successful politician in russia, again: Josef Vissarionovich Stalin, born on 18 December 1878 in Georgia, died on 5 March 1953 – 66 years ago, writes Bild.For 26 years of his dictatorship (1927-1953) Stalin killed up to 20 million people. Under Vladimir putin’s leadership, like 66 years ago, mass slaughter ...Kyiv: New office space is to double in 2019
07.03.2019
New office space is to double this year in Kyiv – to 117,000 square meters, according to a new study by CBRE Ukraine, writes ubn.news. In 2020, new space is to increase by another 20%, fully returning to pre-2014 levels.Of new construction, 58% is in the central business district, an area with good metro access. As vacancies dropped last year from 17% to 10%, monthly prime office rents rose by 9% y-o-y to $25/square meter. Last year, about $130 million ...
