economy
April 30 2020, 7:49 pm
UNIAN: Hryvnia gets stronger against dollar for fourth day in a row
The National Bank of Ukraine has set the official forex rate of the hryvnia against the U.S. dollar at Hr 26.96 per U.S. dollar for the next business …
UNIAN
April 29 2020, 8:48 pm
Associated Press: Virus sends economies plunging
The coronavirus is sending the U.S. economy into the biggest and fastest collapse since the Great Depression, with output reported shrinking at an …
Associated Press
April 29 2020, 4:04 pm
UNIAN: Wage arrears in Ukraine shrink to almost $110 million in March
Ukrainian enterprises’ wage arrears before workers in March shrank by 1.8% from February, to Hr 2.964 billion ($109.6 million) as of April 1. Read …
UNIAN
April 27 2020, 4:30 am
CNN: Reviving America after Covid-19 will take years, not months
Does anyone really want a barber’s fingers in their face right now? Those of us who have discovered that we’re not essential to keeping society …
CNN
April 25 2020, 1:13 pm
Reuters: Russia needs to borrow 1 trillion roubles more to cover non-oil revenue shortfall
MOSCOW – Russia will need more than 1 trillion roubles ($13.44 billion) of additional borrowing this year to cover the shortfall in non-oil and gas …
Reuters
April 25 2020, 11:35 am
Ukraine rises to 12th place in steel production
According to the results of the work of metallurgical enterprises in March, Ukraine reduced steel production by 10.3% compared to the same period in …
Interfax-Ukraine
April 25 2020, 11:16 am
Hromadske: Consequences of coronavirus for Ukraine and the world
It never rains but it pours: the coronavirus pandemic has brought a host of unprecedented problems to the modern global economy, the consequences of …
Hromadske International
April 24 2020, 8:48 pm
Time: Putin vanishes as coronavirus hits Russia’s economy
March is usually an important month for Alexandra Gerasimova’s business, Fitmost, which offers subscription fitness classes across Russia. People want …
Time
April 24 2020, 4:13 pm
UNIAN: Central bank forecasts 5% decline in Ukraine’s economy
The National Bank of Ukraine (NBU) says the country’s economy will shrink by 5% in 2020 over the quarantine restrictions to overcome the coronavirus …
Reuters
April 24 2020, 3:27 pm
Reuters: Finance minister says Ukraine’s debt repayments on track
Ukraine will pay its external debts on time in 2020 despite a looming recession caused by the coronavirus pandemic, the new finance minister told …
Reuters
April 23 2020, 9:19 pm
Associated Press: Virus pushes US unemployment toward highest since Depression
NEW YORK — Unemployment in the U.S. is swelling to levels last seen during the Great Depression of the 1930s, with 1 in 6 American workers thrown out …
Associated Press
April 23 2020, 8:54 pm
Reuters: Ukraine central bank cuts key interest rate sharply as recession looms
Ukraine’s central bank cut its main interest rate for the seventh time in a row on April 23, to 8% from 10%, to support the economy as it lurches …
Reuters
April 23 2020, 7:28 pm
Ukraine central bank predicts 5% decline in GDP in 2020
The National Bank of Ukraine (NBU) revised downwards the assessment of the pace of real GDP of Ukraine for 2020 from 3.5% growth to 5% decline, while …
Interfax-Ukraine
April 23 2020, 7:18 pm
Ukraine central bank revises downwards inflation forecast for in 2020 to 6%
The National Bank of Ukraine (NBU) has revised downwards its inflation forecast for Ukraine in 2020 from 4.8% to 6% and confirmed it at 5% for …
Interfax-Ukraine
April 22 2020, 9:41 pm
Reuters: How the EU can finance economic recovery after the COVID-19 pandemic
BRUSSELS – The European Union is looking at ways to revive its economy after what is expected to be the 27-nation bloc’s deepest recession, caused by …
Reuters
April 22 2020, 3:19 pm
Europe allocates 1.2 billion euros to support Ukrainian economy
BRUSSELS – The European Commission has announced a decision to allocate 1.2 billion euros to Ukraine to overcome the economic consequences of the …
Interfax-Ukraine
April 21 2020, 7:33 pm
Reuters: Ukraine central bank to cut rates as coronavirus recession looms
Ukraine’s central bank is likely to cut its main interest rate this week to make loans cheaper for businesses and minimise the severity of a looming …
Reuters
April 19 2020, 5:49 pm
Wall Street Journal: Europe slowly emerges from lockdown
For a look at how hard it is to press “play” on a Western economy still battling the new coronavirus, turn to Europe, which is freeing its shops and …
Wall Street Journal
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