Expert: Ukraine’s sovereign loan one of world’s most expensive
On October 26, 2018, the Ukrainian Finance Ministry placed a $2 billion sovereign eurobond, of which a $750 million 5-year tranche was issued at a rate of 9% and a $1.25 billion tranche at 9.75%. According to a Zerkalo Nedeli article by Tetiana Bohdan, chief of the Optima Expert-Analytical Center public finance department, this was one of the most expensive eurobond issuances in the world between October and November 2018.
“As for world record-holders that have theoretically overtaken Ukraine, …
Kyiv: about nine million Ukrainians work abroad
3 million 200 thousand Ukrainian citizens work abroad on a permanent basis, while the number of Ukrainians who work abroad temporarily is between 7 and 9 million, stated Ukrainian Social Policy Minister Andriy Reva on Saturday at a press conference, Interfax Ukraine reported.
“According to the official data of the State Migration Service of Ukraine and the State Border Guard Service of Ukraine, 3 million 200 thousand Ukrainian citizens work abroad on a permanent basis, while between 7 and 9 …
Russia extends arrest of Roshen's assets
The Basmanny District Court of Moscow extended the arrest of immovable property and land of the Roshen confectionary factory in Lipetsk for three months. As a result, all money on the factory’s accounts for salaries of remaining personnel, were withdrawn to pay taxes, fines and penalties, the factory’s press service stated.
"In fact, before the Arbitration Courts could took any decisions on the case, [Russian] tax authorities, using unsubstantiated judicial decisions on cancelation of interim …
Russia warns of a global conflict if US withdraws from Intermediate-Range Nuclear Forces Treaty
On December 21, the UN General Assembly did not approve the Russian resolution aimed at preserving the Intermediate-Range Nuclear Forces Treaty (INF). 43 states voted for the adoption of the document, 46 were against, and 78 countries did not take part in the voting.
On Saturday, the Russian Foreign Ministry announced that the withdrawal of the United States from the INF treaty can lead to a new arms race and direct confrontation in different parts of the world.
“The results of voting in …
Russia transferred more than a dozen fighter jets to annexed Crimea
Russia has sent over a dozen Su-27 and Su-30 fighter jets to annexed Crimea to boost its air force on the peninsula, according to a witness, Reuters reported.
"More than a dozen SU-27 and SU-30 fighter jets which Russia is deploying to boost its air force, amid heightened tensions with Ukraine, arrived in the Crimea on Saturday,” the statement read. Reuters’s witness claimed to have seen the jets land at Belbek air base in the Crimea.
Meanwhile, the Russian news agency Interfax reported …