Ukraine Financial News
16.05 / 13:17
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Navigating global uncertainty with gold
and otherCentral Bank purchases are the key drivers of gold prices. Demand in India has remained resilient despite higher prices. These two countries together account for approximately half of the global physical demand.
16.05 / 02:41
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Antony Blinken's ‘Rockin’ band performance in Kyiv draws criticism on internet: ‘Not the right time’
Kyiv drew criticism from netizens since the video went viral on social media platforms. Many X users called the top US diplomat's performance ‘inappropriate’, particularly in light of Ukraine's ongoing conflict with Russia. Some even went as far as to reprimand him for what they perceived as poor judgment, especially considering Russia's recent incursion into northwestern Ukraine.
15.05 / 18:55
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Gaza fighting intensifies, Israel asks why armed men were at UN site
Antagonism between Israel and the United Nations worsened as the Israeli army sought an explanation for footage showing armed men next to U.N. Palestinian relief agency vehicles. Separately, India was working to bring home the body of a U.N. staffer killed in Rafah by what the global body said was tank fire. Israeli forces have in recent days pressed into the east of Rafah in pursuit of what they say are four Hamas battalions despite warnings by Israel's main ally, the United States, to hold off to avoid mass civilian casualties.
15.05 / 18:55
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Ahead of China trip, Putin says willing to negotiate on Ukraine
Vladimir Putin says the Kremlin is prepared to negotiate over the conflict in Ukraine, in an interview with Chinese media on the eve of visit to partner Beijing that has backed Moscow in its full-scale invasion of its neighbour. «We are open to a dialogue on Ukraine, but such negotiations must take into account the interests of all countries involved in the conflict, including ours,» Putin was quoted as saying by Xinhua news agency on Wednesday.
15.05 / 16:53
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Reuters
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India's merchandise trade deficit rises to a four-month high of $19.1 billion in April
trade deficit stood at $19.1 billion during April 2024, up from $14.44 billion during April 2023. The goods trade deficit had stood at $15.6 billion in March 2024. The April figure fell short of economists' expectations of the merchandise deficit coming in at $17.23 billion, according to a Reuters poll.
15.05 / 16:33
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Who is Robert Fico? 'Anti-American', 'pro-Russian' Slovakia PM badly injured in 'assassination attempt'
Robert Fico, the Slovakia's Prime Minister, was reportedly recuperating from life-threatening injuries after he was shot multiple times in an "assassination attempt", as claimed by nation's government officials and condemned by European leaders.
15.05 / 12:55
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Pink Floyd drummer Nick Mason discusses reunion possibility despite band feud
LONDON — Pink Floyd's drummer Nick Mason would be open to the idea of a reunion gig but he doesn't see any appetite for one among his feuding, now elderly bandmates, he said on Tuesday. The legendary English rock group last appeared on stage together nearly two decades ago, at the Live 8 charity concert at Hyde Park, London, in 2005.
14.05 / 17:47
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Czech power company CEZ reports net profit of $592 million in Q1, up by a quarter year-on-year
The Czech power company CEZ says its net profit in the first quarter of the year reached 13.6 billion Czech crowns or $592 million
14.05 / 16:15
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Vladimir Putin to meet Xi Jinping, 'discuss Ukraine, energy, trade': What it signifies?
Vladimir Vladimirovich Putin will pay a state visit to China from May 16 to 17," Shina Foreign Ministry Spokesperson Hua Chunying announced on Tuesday. According to reports, Russia also confirmed the trip and said Putin was going on Xi's invitation. The Kremlin was quoted by PTI as saying that this will be Putin's first foreign trip since he was sworn in as president and began his fifth term in office.
14.05 / 01:05
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Lithuanians vote in a presidential election as anxieties rise over Russia and the war in Ukraine
Lithuanians have voted in a presidential election at a time when Russian gains on the battlefield in Ukraine are fueling greater fears about Moscow’s intentions
13.05 / 19:09
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India's diesel shipments to Europe slip 20% as US, Gulf supplies rise
India's diesel exports to Europe fell by a fifth sequentially in April as rising competition from US and Gulf suppliers amid softening demand in the continent weakened margins on the fuel. Diesel exports to Europe declined to 210,000 barrels per day (bpd) in April from 262,000 bpd in March, according to energy cargo tracker Vortexa. Europe consumes more than 40% of India's diesel exports. India's overall diesel exports fell 9% to 517,000 bpd in April from 567,000 bpd in March. Exports to Asia, however, rose 33% to 69,000 bpd in April from 52,000 bpd in March.
13.05 / 16:07
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Brent hovers above $83 as inflation data takes centre stage
Oil prices edged higher on Monday after losing about $1 a barrel in the previous session on signs that U.S. policymakers are likely to keep interest rates higher for longer. Brent crude futures were up 55 cents at $83.34 a barrel by 1239 GMT. U.S. West Texas Intermediate crude futures rose 62 cents to $78.88.
13.05 / 11:37
13.05 / 11:37
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Putin’s Bold Move: A Civilian Takes Charge of Russia’s Defence Ministry Amid Escalating Budget and Ukraine Conflict
In a pivotal cabinet reshuffle following his fifth term as Russia’s President, Vladimir Putin has appointed civilian-economist Andrei Belousov as the new Defence Minister, replacing Sergei Shoigu, who assumes the role of Secretary of the Security Council (NSA). This decision, amidst soaring defence expenditures due to the ongoing conflict with Ukraine, underscores Putin’s strategy to navigate economic challenges while bolstering national defence.
13.05 / 03:21
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‘Occupier feeds on lies…’: President Zelenskyy calls for resilience amid psychological warfare in Ukraine
Volodymyr Zelenskyy reported intense military activity in Ukraine, stating that the country is experiencing "fierce battles" and facing "extremely difficult" circumstances in certain regions. Despite these challenges, he emphasised the importance of resilience and the need to “hold its ground," ANI reported. In a public address, Zelenskyy expressed concerns about Russian psychological warfare, cautioning, "the occupier feeds on lies and the fear that follows the lies." He advised the public to remain sceptical of sensational news, stressing the importance of verifying information and maintaining emotional composure.
13.05 / 03:19
12.05 / 17:13
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Ukraine wages difficult border campaign even after securing more military aid
Ukraine is waging a tough new battle on its border, fending off a heavy Russian bombardment of northeastern Kharkiv region in an assault that will stretch Kyiv's manpower. Russian forces smashed through the border into Kharkiv region on Friday, threatening to open a new front in the 27-month war that has long been waged in the south and east and the Russian military says it has seized control of at least nine villages. Kyiv said it was repelling the attacks and battling for control of the settlements. Ukraine's chief commander, Oleksander Syrskyi, said on Sunday his forces were doing all they could to hold the line.
12.05 / 15:21
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Mother's Day auroras? Natural light show may continue tonight — where will it be visible this time
arrive at Earth on May 12th," the space weather prediction center said in its update. CMEs are powerful solar eruptions or large expulsions of plasma and magnetic fields from the Sun's corona. The major geomagnetic storms are induced by coronal mass ejections (CMEs).
12.05 / 08:49
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Akshaya Tritiya: 15% surge already in 2024! How soon can gold cross Rs 1 lakh mark?
Akshaya Tritiya is considered as an auspicious day symbolizing prosperity and good luck. It is said that an investment made on this day gives favorable returns, thus making it popular for buying gold and other precious assets.
12.05 / 05:15
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‘South Korean President Kim Jong Un…’ 81-year-old Joe Biden's latest verbal mix-up generates concerns over mental acuity
Joe Biden has made another verbal gaffe during a recent campaign reception in Portola Valley, California, ANI reported. Biden, made an error in referring to North Korean leader Kim Jong Un as the 'President of South Korea', as per the New York Post. Biden's slip-up occurred while criticising his 2024 opponent and Republican candidate, and former President Donald Trump, for his rapport with the North Korean leader.
12.05 / 02:51
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Eurovision 2024: Social media outrage over participation of Israel ‘when Ukraine and Israel get most votes from…’
Also Read: Eurovision 2024 final mired in controversy over Israeli participation, expulsion of Dutch contestant | 5 points The voice of thousands of pro-Palestine protesters demonstrating in Malmo reverberated on social media as several users criticised Israel's participation and its performance. Swiss singer Nemo won the contest and became the first non-binary artist to lift the trophy. However, what drew social media's attention was the significant amount of scores awarded to the Israeli contestant.
latest developments in Ukraine
What is the current situation in Ukraine?
In Ukraine, the spotlight is on socially significant developments that impact the interests of residents.
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