The White House is convinced that the G20 will not be able to collectively remove Russia from its ranks, as a consensus is needed for this decision. And China did not agree to the exclusion. The White House is discussing how to deal with the November G20 summit, whose hosts received confirmation on Friday that…
And approve sanctions against Russia's Sberbank. The European Union is likely to approve a phased ban on Russian oil next week. According to the New York Times, citing officials and diplomats close to the process. Subsequently, the European Commission will be able to make a final proposal on new measures. EU ambassadors are set to…
Funds will be provided by Norway, Austria and the United States. Ukraine will receive from the World Trust Fund additional € 495 million in grants from the Bank under the Second Loan Development Policy Program. Relevant amendments to the Grant Agreement were signed today by Finance Minister Serhiy Marchenko and the World Bank Regional Director…
Funds are sent to the London branch of Citibank. Russia has found dollars to pay off foreign debt to avoid default , according to Reuters
The main reason is the decrease in wages that Ukrainians receive from abroad. The volume of private remittances to Ukraine in March decreased by 25.2% compared to March 2021 (y/y) and amounted to 929 million dollars. USA, reports National Bank of Ukraine . < p> The main reason for this decline was the reduction in…
In particular, the decline in exports of services primarily led to a significant reduction in the provision of transport services. Exports of goods from Ukraine in March 2022 decreased by 52.4% compared to March 2021 (y/y), while in February 2022 increased by 22.3% y/y p. Imports of goods in March this year decreased by 65.2%…
India is the largest consumer of oil in the world. The Indian government has asked local businesses to evaluate the possibility of buying a stake the British company BP in Rosneft and the share of the American ExxonMobile in the Sakhalin-1 project. In the first case, several state-owned companies were offered to do so, in…
Debts promise to be repaid. Payment of April pensions is 100% financed by the state, but Ukrposhta delivered only 87.39% of the amount financed in April, in May all these debts must be repaid. We remind you that if you received a pension in a bank account and moved, you do not need to do…
Currently, cars can be imported through several checkpoints. A bill on the restoration of import duties has been registered in the parliament cars. However, some Ukrainians will be able to import vehicles for the needs of the Armed Forces and the SRS without taxation. Until these changes are adopted, Ukrainians still have the opportunity to…
The company does not have the ability to receive foreign exchange earnings and settle with creditors. IDS Borjomi Georgia, which produces mineral water « Borjomi “, stops production due to sanctions against Russia. This was reported by the Russian media. The company said that the difficult situation in major markets has been exacerbated by limited…