(KYIV, UKRAINE) – Ukraine is scrambling to protect its agricultural export lifeline after a sharp rise in Russian attacks on port infrastructure and foreign cargo ships cut seaborne shipments by 30 percent in July. The escalation has killed at least 21 people, forced major shipping lines to suspend calls, andContinue Reading
(KYIV, UKRAINE) – Ukraine has received a second tranche of approximately 690 million US dollars from the International Monetary Fund under a new four year programme, Prime Minister Serhiy Koretskyi announced on Friday. In a statement posted on his Telegram channel, the prime minister confirmed that the funds had alreadyContinue Reading
(ASTANA, KAZAKHSTAN) – Kazakhstan’s oil production has dropped sharply after the shutdown of a Black Sea terminal that serves as the main export outlet for Kazakh crude and that recently came under drone attack. Two industry sources told Reuters on Thursday that the heaviest fall was recorded at the TengizContinue Reading
(BEIJING, CHINA) – Some Chinese refineries have increased purchases of sanctioned Russian crude oil even as discounts on those barrels narrow, according to trade sources. The shift comes as the escalating conflict involving Iran disrupts oil supply from the Middle East. Reuters reported that independent Chinese refiners had earlier madeContinue Reading
(WASHINGTON, USA) – The United States government has introduced new tariffs on goods from 60 countries, covering the great majority of American imports, after deciding that those nations have not taken enough action to tackle forced labour. The new duties, which range from 10 percent to 12.5 percent, target keyContinue Reading
(KYIV, UKRAINE) – Russian attacks on civilian energy infrastructure have caused fresh power cuts in five regions of Ukraine, the national electricity transmission system operator Ukrenergo said on Friday morning. In a statement published on its Facebook page and reported by The Daily Handle, the company said consumers were withoutContinue Reading
(VIENNA, AUSTRIA) – Military activity has disrupted water supplies to some facilities at the Russian occupied Zaporizhzhia Nuclear Power Plant and to nearby areas in southeastern Ukraine, the Director General of the International Atomic Energy Agency, Rafael Grossi, said in a statement. Grossi confirmed that there is currently no shortageContinue Reading
(KYIV, UKRAINE) – The State Property Fund of Ukraine has put the Kotovsk winery up for sale in a privatisation auction with a starting price of 24.8 million hryvnias. At the current exchange rate, that equates to roughly 552,000 US dollars, 434,000 British pounds or 487,000 euros. The fund announcedContinue Reading
(KYIV, UKRAINE) – The state should widen its programme for insuring against military risks and offer extra relief to help farms cope with financial losses caused by the near halt of seaborne exports, according to the deputy head of the All Ukrainian Agrarian Council, Denys Marchuk. Speaking to media, MarchukContinue Reading
(KYIV, UKRAINE) – Pump prices across Ukraine rose sharply on Friday, with the average cost of A-95 petrol climbing above the 80 hryvnia mark and diesel jumping by more than two hryvnias per litre in a single day. Data published by the monitoring portal minfin.com.ua and reported by Ukrinform showedContinue Reading
