Ukraine Financial News

Cryptocurrency exchange Binance continues introducing more restrictions for its Russian customers on its peer-to-peer (P2P) trading platform.

Ukraine-Pakistan ties have gradually deepened amid the ongoing war with Russia. Islamabad started importing wheat from Kyiv earlier this year and is reportedly shipping weapons and other defence items to the war-hit nation. Ukrainian Foreign Minister Dmytro Kuleba had also made a day trip to Pakistan last month - the first ministerial visit from Ukraine since the establishment of diplomatic ties between the two countries in 1993.

Terry Gou, who founded Apple supplier Foxconn, has announced that he will run as an independent candidate in Taiwan's presidential election, scheduled to take place in September this year. Gou pledged to fix ties with China and added, "I will definitely not allow Taiwan to become the next Ukraine". Gou criticised the ruling Democratic Progressive Party, saying its policies have “brought Taiwan into the risk of war" with China.

experimental. But some of them did the job. There were explosions inside the base and several dead, with wounded soldiers seen streaming into the local hospital, according to local sources.

Indian Prime Minister Narendra Modi says his country’s role as the G20 host this year would focus on highlighting the concerns of the developing world, and has proposed the African Union to become permanent members of the forum

A second container ship has left port through a temporary Black Sea corridor established by Ukraine’s government after Russia halted a wartime agreement aimed at ensuring safe grain exports

Vladimir Putin «must have killed» Wagner chief Yevgeny Prigozhin, former UK Prime Minister Boris Johnson said that there can be no peace negotiation with Putin on Ukraine, CNN reported. Johnson wrote in an op-ed, speculating about Prigozhin's last moments, a few days after a plane carrying the Wagner boss crashed in a field northwest of Moscow. The reason behind the plane crash remains uncertain, but the US and Western intelligence officials told CNN that it was deliberate. «It can't have been more than a few seconds between the explosion aboard the otherwise reliable Embraer Legacy 600 executive jet, and the moment the Russian thug blacked out in his vertiginous acceleration to earth; and yet in that instant I am certain that he knew with perfect clarity what had happened,» Johnson wrote, according to CNN. «He knew whose hidden hand was sending him 28,000 ft down, to be immolated with the rest of his Wagner group companions in a fireball in the countryside of the Tver region north of Moscow — and then on downwards, of course, for the shade of Prigozhin: down, down to Hades and the Tartarean pit below.» The former UK PM went on to say that the man allegedly «behind the killing of Prigozhin» was «the very same man who authorised, for instance, the poisonings in the UK of Alexander Litvinenko and Sergei Skripal.» «As the detonation sucked the air out of the aircraft's cabin, I would wager that the last thought in the doomed dome of Prigozhin's skull was 'Putin!', preceded by one of the many profanities in which the former jailbird and hotdog salesman was so fluent,» Johnson wrote, as reported by CNN. Prigozhin is believed to have died in a plane crash exactly two months after he instigated a brief uprising in Russia. Wheth

G20 is to promote economic growth and development, and that cannot advance if the crucial concerns of the Global South are not addressed, external affairs minister S Jaishankar said on Sunday. «For a variety of reasons that range from scale, subsidy, technology, human resources & strategic choices, the Global South was reduced to being a consumer rather than a producer,» Jaishankar said in his address at the B20 Summit organised by CII ahead of the September 9-10 G20 Summit. «It is, however, an undeniable reality that the international system remains dominated by the Global North. This is naturally reflected in the composition of G20 as well.

COVID-19 pandemic, US President Biden has unveiled a proactive strategy, intending to seek additional funding from Congress for the development of a novel COVID-19 vaccine. Furthermore, he suggested the possibility of mandating this new vaccine for all individuals, regardless of their prior vaccination status.

Yevgeny Prigozhin, who was confirmed dead on Sunday by Russia's Investigatice Committee after a plane crash near Moscow, was a Kremlin confident catapulted to infamy by the offensive in Ukraine before he turned his troops on Russia's capital. Prigozhin's order in June that his private fighting group march on Moscow to unseat Russia's top brass presented the most serious challenge to President Vladimir Putin's hold on power over more than two-decades. His forces captured a key military headquarters in the city of Rostov-on-Don in southern Russian before setting their course for Moscow, where authorities beefed up security in anticipation of a showdown. «The evil that the military leadership of the country brings must be stopped,» Prigozhin announced after claiming the defence ministry had launched strikes on Wagner bases. But the failed bid ended with Putin ultimately offering exile in neighbouring Belarus to the mutineers and Prigozhin, who then appeared in footage vowing to make Africa «freer» and suggested he was on the continent. Before Putin, who accused Prigozhin of treason, ordered troops to Ukraine in February last year, the 62-year-old mercenary head dispatched fighters from his private force to conflicts in the Middle East and Africa but always denied involvement. That changed last year when he announced himself as the founder of the Wagner group and began a mass recruitment drive at Russia's prisons for foot soldiers to fight in exchange for an amnesty. — Bitter top brass rivalry — He gained public acclaim as Wagner spearheaded the capture of several key Ukrainian towns including Bakhmut.

New Delhi: India’s external affairs minister S Jaishankar on Sunday emphasised on the need for “re-globalisation", as the world recovers from shocks caused by the coronavirus pandemic and conflicts. Speaking at the B20 Forum on Sunday, Jaishankar said that this new globalisation will rely on distributed production centres and resilient supply chains. India’s top diplomat stated that the earlier iteration of globalisation, which took place over the last four decades, concentrated economic power and production in certain countries.

By Andrew Osborn

Kremlin said Western suggestions he had been killed on its orders were an "absolute lie." In the clip, taken from an interview originally published on April 29 with Russian military blogger Semyon Pegov, Prigozhin said Russia was on the brink of disaster because the defence establishment was gradually kicking out truth-tellers who refused to suck up to upper management, Reuters has reported. "Today we have reached the boiling point," he said in the clip published on Grey Zone, Wagner's Telegram channel. "Why am I speaking so honestly? Because I don't have the right, before those people who will live on in this country.

Vladimir Putin has ordered Wagner fighters to sign an oath of allegiance to the Russian state after a deadly plane crash believed to have killed Yevgeny Prigozhin, the volatile chief of the mercenary group.Putin signed the decree bringing in the change with immediate effect on Friday after the Kremlin said that Western suggestions that Prigozhin had been killed on its orders were an «absolute lie».

Brent oil prices in July were up 14 per cent on the previous month, the biggest monthly increase since January 2022. Prices in August are trending about 3 per cent lower on the previous month as China demand worries weigh. China has also been drawing on record inventories amassed earlier this year as higher oil prices drive refiners in the world's biggest oil importer to scale back purchases, according to analysts quoted in the report.

Instacart on Friday said its core business turned profitable after making public its filing for a long-awaited stock market launch, while also disclosing an investment from PepsiCo Inc. San Francisco-based Instacart, which filed confidentially for its initial public offering (IPO) in May 2022, said in the filing to the U.S. Securities and Exchange Commission that PepsiCo had agreed to buy $175 million in preferred convertible stock. Norges Bank Investment Management, a division of Norges Bank, and entities affiliated with venture capital firms TCV, Sequoia Capital, D1 Capital Partners and Valiant Capital Management have agreed to participate in the IPO as cornerstone investors, Instacart said. For the six months ended June 30, Instacart's revenue came in at $1.48 billion, up 31% from the same period last year.

petroleum products made from Russian crude oil in India finding way to the European market, saying it defies the purpose of the sanctions against Moscow that are aimed at reducing its ability to finance the war with Ukraine. The European Union's Executive Vice-President and Commissioner for Trade, Valdis Dombrovskis, said oil products processed from Russian crude oil are arriving at the European market in «large quantities» and the grouping is looking at ways to deal with it. In an interaction with a small group of journalists, the EU Vice President, currently on a visit to India, accused Russia of using its energy supplies, and food as «tools» of «war and manipulation» to continue its attack on Ukraine. On the issue of food, Dombrovskis cited Russia withdrawing from the Black Sea grain initiative and blocking Ukraine's export of food grain to the world market. Since Russia's invasion of Ukraine in February last year, the Western powers have imposed a series of sanctions on Moscow including a price cap on Russian oil by G7-plus nations, in order to reduce its ability to finance the war on Ukraine.

B20 Summit India 2023 here, Tata Sons Chief Economist and Head of Policy Advocacy, Roopa Purushothaman said while inequality between countries has been getting better, inequality within countries has been worsening in the last few decades or more. «As we look forward, we're sitting amidst a group of trends that are really posing serious challenges to inclusion.

Reuters, the decree which was published on the website of Kremlin calls for the formal oath of allegiance to Russia for anyone working on behalf of the Russian government in its "special military operation" in Ukraine. On Thursday, President Vladimir Putin offered his condolences to all those who died in the plane crash and spoke about Yevgeny Prighozhin in the past tense.

Binance has ended its relationship with five Russian banks under sanctions on the exchange's peer-to-peer service for ruble fund transfers.

Africa as the last continent of hope, Sunil Bharti Mittal, Founder & Chairman, Bharti Enterprises and Chair, B20 India Action Council on African Economic Integration said that adopting Africa as a place to do agriculture can be the way forward amid the crisis that the world is going through in food production. “60% of the world's arable and yet uncultivated land is in Africa. Today we all see the crisis that the world is going through and especially with Ukraine getting out of the equation of supplying wheat to African nations and many other poorer countries, prices have sold out.