The Chinese government is prudently looking for ways to avoid economic losses. The Chinese government is seriously afraid of US economic restrictions. Local authorities held an emergency meeting with local and foreign banks to discuss mechanisms to protect assets from possible sanctions. According to the Financial Times, Chinese regulators are looking for ways to protect…
The limits of the open currency position for banks have been reduced and a number of currency restrictions have been clarified. The National Bank has determined the procedure for determining the exchange rate by issuing banks hryvnias to foreign currencies during transactions using electronic means of payment. This is stated in the press release of…
Serhiy Kuyun's forecast differs from the one announced in the government. Fuel shortages at Ukrainian gas stations will persist for at least a month, and the Cabinet will be forced to adjust the calculation of the price of petroleum products, taking into account the rising logistics. Serhiy Kuyun, director of A-95 Consulting Group LLC, said…
People who, after the imposition of martial law, worked under an employment contract, gig contract or other civil contract may obtain official unemployment status. The government has simplified registration with the State Employment Service for Ukrainians who lost their jobs during martial law. The relevant resolution was adopted at a meeting of the Government on…
At the same time, Gazprom's exports are collapsing and domestic supplies are declining. Russian authorities have banned Gazprom from placing depository receipts on the company's securities on exchanges outside the country. This was reported by the Russian news agency Interfax. “PJSC” Gazprom “submitted to the Government of the Russian Federation a request to continue to…
Necessary technical issues are difficult to resolve quickly in the face of armed aggression by Russia. As a result of the recent accession to the European energy network ENTSO-E, electricity prices in Ukraine will be reduced, but during the war it will be difficult for our country to resolve some technical issues quickly. This was…
No information about the reasons for what happened yet. Russia reports a serious fire at Sakhalin GRES-2. Information and numerous videos about it have been published in the Russian media. The fire broke out in the second block, there is no information about the reasons for what happened yet. The lack of capacity was taken…
Negotiations have already taken place at the highest state and government levels. President Volodymyr Zelenskyi discussed with Polish President Andrzej Duda the entry of Polish companies into the Ukrainian fuel market. He told this in an interview with Polish media. “The Polish company came to us, met with our Naftogaz and the Minister of Energy.…
Russian troops began to use artillery more often. At the moment, the line of defense of Ukraine allows to deter the offensive the enemy. As a result, the situation in the Donbass itself is not in favor of Russia. However, both sides are now changing the tactics of the war and next week will be…
The deficit will provoke an increase in commodity prices. In the near future in Russia is expected a shortage of drugs and non-food products. Russian experts warn about it, Russian mass media write. Experts reminded that Russia is an import-dependent country. It is no coincidence that in April the Federal Customs Service closed access to…