Category: economy

Completely destroyed: what does the substation that provided power supply to Kherson and the region look like

It may take a long time to restore this object. Russian invaders during the retreat from the right bank of the Dnieper destroyed the transformer substation that provided power supply to the right bank of the Kherson region and a large part of the Mykolaiv region, said Volodymyr Kudrytskyi, the chairman of the board of…

The European Commission approved the nationalization of the “daughter” of the Russian “Gazprom” in Germany

This measure should ensure the security of gas supplies to Germany. The European Commission approved giving Germany 225.6 million euros for the purchase of SEFE GmbH (Securing Energy for Europe GmbH) – a subsidiary of the Russian monopoly Gazprom, which was previously called Gazprom Germania GmbH. Currently, the company is under the supervision of the…

Blackouts all over Ukraine: energy experts told what to expect

Ukraine's energy system is of the Soviet model, and this saves it. A blackout in Ukrainian energy is unlikely, and many why, because the power system was built in the USSR taking into account probable massive attacks. This is reported by Finance.ua with reference to experts: Oleksandr Kharchenko, head of the Energy Research Center, and…

Russia tries to connect to SWIFT as part of “grain deal” talks

We are talking about the state-owned “Rossilhospbanku”. Russia raised the issue of connecting to the state SWIFT system Rossilhospbank” within the framework of negotiations on the “grain agreement” with representatives of the UN. This was confirmed by the Deputy Head of the Russian Foreign Ministry, Sergey Vershinin, on Saturday, RosZMI reports. “We are discussing this…

The scandalous former head of “Ukreximbank” became the new head of the state-owned company “Ukrfinzhitlo”

As ZN.UA wrote, Metzger recently developed new mortgage programs from the government. Supervisory Board of PJSC “Ukrainian Financial Housing Company” (“Ukrfinzhitlo”) yesterday, November 11, appointed Yevhena Metzger as the head of the board. This is stated in the information disclosure system of the NCCPFR. Let us remind you that he was previously the chairman of…

The EU is running out of money for military aid to Ukraine, the European Peace Fund is almost exhausted — mass media

Consideration of the issue of finding new sources of funding will be initiated in the near future. Due to the war against Russia, Ukraine is suffering from significant economic losses and needs constant financial infusions from outside. One of the sources of obtaining funds for defense and the purchase of weapons is the European Peace…

Another nail in the coffin of Russia: its economy was recognized as non-market

The decision was made by the US Department of Commerce. The United States will no longer consider Russia a country with market economy, the US Department of Commerce said on Thursday. According to the agency, the status thus acquired by Russia 20 years ago, which limited the calculation of anti-dumping duties on Russian goods, has…

Expanding aid to Ukraine: the IMF's online mission has started

Consultations regarding the monitoring program are held online. Online mission of the International Monetary Fund (IMF) headed by Gavin Gray, today, November 11, began discussions with representatives of the Ukrainian authorities regarding the Monitoring Program with the involvement of the IMF Board of Executive Directors (PMB). This was announced by the representative of the IMF…