Ukraine Financial News

04.08 / 10:31
Citi Target Waters show country social electronic Russia accuses Ukraine of attacking Black Sea navy base and Crimea with drones
The attack on Novorossiysk is the first time a commercial Russian port has been targeted in the 18-month war. The city is a major port on the Black Sea and hosts a naval base, shipbuilding yards and an oil terminal. It is a key port for Russian exports.
04.08 / 09:29
COST UPS Provident Gap country Western lenders may regret forcing Ukraine to turn to the IMF
Read more of our recent coverage of the Ukraine war War is tearing apart Ukraine’s economy. Last year the country’s GDP fell by 30%; a ballooning budget deficit forced the central bank to print billions of hryvnia and devalue the currency. On March 21st the IMF announced Ukraine would receive the seventh-biggest bail-out in the fund’s 79-year history.
04.08 / 08:11
UPS Continental country exit Power The 3 Baltic nations plan to accelerate their exit from Russia's power grid by almost a year
The prime ministers of the three Baltic countries agreed Thursday to speed up their nations’ disconnection from Russia’s power grid by nearly one year and connect with the continental European energy network by February 2025
04.08 / 04:45
Citizens Extreme stage country International Niger President appeals for international help to restore constitutional order
Niger President Mohamed Bazoum on Thursday appealed to the US government and the entire international community for help in restoring the country's constitutional order that is under attack from a military junta, according to a report published by AFP. In a column in The Washington Post, Bazoum said, "If a coup attempt to depose him is successful, "it will have devastating consequences for our country, our region, and the entire world. I write this as a hostage" "Niger is under attack from a military junta...
04.08 / 03:09
UPS Extreme country voice social Russian opposition leader Alexei Navalny faces 20 more years behind bars
Navalny faces trial again on Friday to hear whether he has been found guilty of a series of extremism charges that could see him spend 20 more years behind bars. He is already serving a nine-year sentence in a maximum-security prison for «embezzlement», a charge that his supporters say was trumped up in retaliation for challenging President Vladimir Putin. Navalny said he expected the court to hand him a lengthy, «Stalinist» prison sentence of about 18 years, and called on his supporters to resist Putin's rule in a statement Thursday.
03.08 / 20:43
Citi peace India will participate in Saudi-hosted Ukraine peace meet
New Delhi will participate in a peace conference aimed at the war in Ukraine hosted by Saudi Arabia this month, confirmed MEA Spokesperson Arindam Bagchi. “India will participate in this event. Our participation is in consonance with our long-standing position that dialogue and diplomacy is the way forward," he said at a press briefing.
03.08 / 18:17
COST UPS Citi country PUMP Saudi Arabia extends cut of 1 million barrels of oil a day, potentially boosting prices at the pump
Saudi Arabia says it will extend its unilateral production cut of 1 million barrels of oil a day through the end of September in its effort to boost flagging energy prices
03.08 / 17:21
UPS Continental country exit Power The 3 Baltic nations plan to accelerate their exit from Russia's power grid by almost a year
The prime ministers of the three Baltic countries agreed Thursday to speed up their nations’ disconnection from Russia’s power grid by nearly one year and connect with the continental European energy network by February 2025
03.08 / 17:21
UPS MET Progressive Injustice Banner social Pope Francis urges students in Portugal to fight economic injustice and protect the environment
Pope Francis is challenging university students to make the world a more just and inclusive place
03.08 / 17:21
UPS Target Action Strategy Reserve Biden delays plans to restock nation’s emergency oil reserve
The Biden administration is delaying plans to restock the nation’s emergency oil reserve amid a price hike that has pushed oil above $80 a barrel
03.08 / 17:21
Action Apple information Russia fines Wikipedia and Apple for spreading 'false information' about Ukraine conflict
A Russian court has imposed fines on Apple and the host of Wikipedia for failing to remove material deemed to be “false information” about Russia’s military actions in Ukraine
03.08 / 17:21
Citi country boost Saudi Arabia extends cut of 1 million barrels of oil a day through September, trying to boost prices
Saudi Arabia says it will extend its unilateral production cut of 1 million barrels of oil a day through the end of September in its effort to boost flagging energy prices
03.08 / 17:21
Citi Landmark Fighting Southern Shell country Russian shelling hits a landmark church in the Ukrainian city of Kherson
Russian shelling has damaged a landmark church in the southern Ukrainian city of Kherson that held the remains of Prince Grigory Potemkin until last year
03.08 / 12:37
BLOCK country peace India to participate in Ukraine peace talks hosted by Saudi Arabia
India will participate in Ukraine peace talks to be hosted by Saudi Arabia on Aug. 5 and 6, a foreign ministry spokesperson said during a news briefing on Thursday. Saudi Arabia has invited Western nations, Ukraine and some major developing countries to discuss the peace plan proposed by Ukrainian President Volodymyr Zelenskiy earlier this year.
03.08 / 11:49
Action Fighting Apple Russia fines Apple $4,400 for ‘false information’ about Ukraine fighting
Apple for failing to remove material deemed to be «false information» about Russia's military actions in Ukraine. A justice of the peace in a magistrate's court, which handles administrative violations and low-level criminal cases, found Apple guilty of failing to delete podcasts and apps that spread false information about the conflict, Russian news agency Interfax reported.
03.08 / 11:23
COST Manufacturing Strategy country Food industry impacted by high commodity prices: Britannia Ind
Britannia Industries Limited said that the food sector in which it operates has been significantly impacted by high commodity prices, rising interest rates and due to the fall out of the Russia-Ukraine conflict.The long term effects of these factors continue to be felt extensively, the company said in its annual report for 2022-23. It said that although commodity prices were volatile and inflation was at unprecedented levels, the post-COVID normalisation of economic activities supported growth throughout 2022-23.
03.08 / 02:21
UPS Target Telegram show track country Russia strikes Ukraine's Danube port, sends grain prices soaring
Ukraine from exporting grain. The attacks destroyed buildings in the port of Izmail and halted ships in their tracks as they prepared to arrive there to load up with Ukrainian grain in defiance of a de-facto blockade Russia reimposed in mid-July. Ukrainian deputy prime minister Oleksandr Kubrakov said the Russian drone attacks damaged almost 40,000 tonnes of grains which had been destined for countries in Africa as well as China and Israel.
02.08 / 22:31
kpmg ESG Bitcoin KPMG touts ESG benefits from Bitcoin, counters misperceptions in new report
KPMG has released a report on Bitcoin and ESG (environment, social and governance) issues. The professional services firm, one of the world’s Big Four, found that Bitcoin “appears to provide a number of benefits across an ESG framework.”

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