"The forecast of the International Monetary Fund for Ukrainian annual GDP is 4%. This will allow the Ukrainian economy to reach the level of Switzerland in 25 years." - stated Ukrainian Finance Minister Natalia Yaresko at the cabinet meeting.
" At this growth rate (4% of real GDP growth) our GDP will rise from the current level of 84 billion dollars to 600 billion in 2040. This is the level of a country like Switzerland."
The Finance minister said that the agreement reached with the creditors …
Antonov to produce aircrafts for Saudi Arabia
September 8, 2015
According to Interfax-Ukraine, Antonov State Enterprise (Kyiv) has started manufacturing the first sample of its new multipurpose An-132 aircraft with a cargo capacity 9.2 tonnes under a contract signed with Saudi Arabia.
Antonov State Enterprise Acting President Mykhailo Hvozdev told reporters on Monday that the test aircraft of the new An-132 aircraft is being manufactured under the contract signed in April with Saudi Arabian …
As reported by the US Futures trading commission starting November 2014 American hedge funds and currency traders have placed a record number of short future contracts against the Russian ruble.
The total number of short positions (betting on collapse of the Russian currency) has reached 6848 contracts (17.2 billion rubles).
Overall the investors were net short 2857 contracts (7.14 billion rubles). This number takes into account long positions – bets on the increase of the value of the …
Marvin Kalb is senior adviser at the Pulitzer Center and a fellow at the Brookings Institution. His book “Imperial Gamble: Putin, Ukraine and the New Cold War” will be published this month.
At least 7962 people have been killed in eastern Ukraine since mid-April 2014 according to the Report by Ra’ad Zeid Al-Hussein, the UN High Commissioner for Human Rights.
As reported, in total, since the beginning of the hostilities in mid-April 2014 until 15 May 2015, at least 6,362 people (including at least 625 women and girls) were documented as killed and 15,775 as wounded in the conflict area of eastern Ukraine. Many people remain missing; bodies continue to be recovered. Serious human …
According to the reports of Ukrainian financial Monitoring Agency the value of the assets of ousted Ukrainian president Viktor Yanukovych and the former government officials has increased over the summer months.As of the end of August The value of the frozen assets of the former high rank Ukrainian officials from Yanukovych’s government amounted to 107.2 million US dollars, 15.9 million Euros and 135 million Swiss Francs. This is 13.1 million Swiss Francs more than it was in the end of May. …
Bulgaria has closed the country's airspace to Syrian-bound Russian flights.
Bulgarian authorities have not given any reason for refusal to provide an airspace to two Russian flights.The planes will have to take an alternate route over Iran.Russian Federation has submitted a request to Bulgarian authorities to provide airspace to two Russian flights to deliver humanitarian aid to Syria.Bulgarian authorities have refused to provide an airspace without giving an official reason.On Monday, …
Bulgaria closed its air for Russian aircrafts with humanitarian aid to Syria.
According to the Greek edition of Kathimerini, the decision of Bulgaria will "simplify” the life of Greek government. "We have enough information that makes us have serious doubts about the cargo of the planes, which is the reason for the refusal," the Bulgarian foreign ministry’s spokeswoman said on Tuesday. Earlier it was reported that Greece received a request from the US to prohibit Russian aircraft with …
Andrei Purgin, President of the National Council of the self-proclaimed Donetsk People's Republic has been ousted from his position and his deputy Denis Pushilin has taken over his seat.The arrest warrant has been issued for a head of the National Council of Donetsk Republic, Mr. Alexandrov. Mr. Purgin and Mr. Alexandrov were initially prevented from entering Donetsk Republic at the Uspenka border crossing with Russia on Friday. After several hours they managed to make their way to Donetsk. …
Much of the blow from Russia’s 2014 invasion of Crimea fell on Ukraine’s navy, which lost two-thirds of its men, the majority of its ships and its Black Sea port in SevastopolBy Steven Beardsley in Stars and Stripes