Following the United Kingdom, the Canadian authorities have decided to strengthen economic cooperation with Ukraine. Canada will abolish all customs duties on imports of Ukrainian goods for a period of 12 months. This was announced by the Minister of Economy of Ukraine Yulia Svyridenko on Facebook. According to the head of the department, the Prime…
The G7 countries have agreed on an important decision. The G7 countries have committed to phasing out or banning Russian oil imports altogether. This is stated in a statement that appeared on Sunday, May 8, on the White House website. “This is a powerful blow to the main artery of Putin's economy. It will deprive…
Not all vitamins will be supplied in traditional quantities. The Ukrainian Club of Agrarian Business (UCAB) estimated that in the temporarily occupied Kherson region in peacetime the most vegetables were grown compared to other regions – 14 percent of the total harvest. At the same time, the Kherson region makes the greatest contribution to the…
Politicians accuse oil companies of shameless use of the current situation. During the two months of Russia's war against Ukraine, diesel fuel in some European countries has risen by about a quarter, and gasoline prices have risen significantly. This was reported by DW. The sharpest increase in diesel prices among all EU countries was recorded…
Hungary is particularly opposed to the sixth package of sanctions, which includes Alina Kabayeva, Patriarch Kiel and the Bucha assassins. Hungary continues to block the European Union's attempts to impose an embargo on Russian oil imports, delaying the entire package of sanctions of the sixth package against Russia over the war in Ukraine. This was…
Until recently, Gazprom and Novatek felt respected members of this global organization. The International Gas Union (IGU), of which Russia has two major Russian gas companies, Gazprom and Novatek, has suspended all participation of these companies in its activities. This was reported by the Russian news agency Interfax with reference to a representative of the…
The Hague Convention prohibits currency exchange in the occupied country. Russia is threatened with expulsion from the IMF. Russia's intention to introduce the ruble in the Kherson region – a purely political action, which will be recognized as another crime of Russia and its Central Bank – a violation of the Hague Convention. This was…
Why Russia chose the current moment to declare Nord Stream 2 is unknown. If the transit of gas through the Ukrainian gas transportation system is stopped for some reason, Europe may temporarily agree to launch the Russian Nord Stream-2 gas pipeline. This was stated by economist and financial analyst Alexei Kushch, writes “Today”. “Europe may…
Production is expected to fall by 10% in the second quarter. Oil production in Russia may fall in the second quarter by 10% due to sanctions – up to 9.9 million barrels per day. The Russian mass media write about it with reference to their experts. “We expect Russia's oil production to fall by 10%…
In Russia, called the possible transfer of Russian assets to Ukraine “experiment”. The West can use the frozen assets of Russian entrepreneurs to provide assistance to Ukraine, but “this experiment will lead to appropriate measures by Russia and will seriously aggravate the situation.” This was reported by the Russian media with reference to its experts,…