You're reading: Daily Digest: Top news of Friday, July 19

Ukraine Will Elect a New Parliament on Sunday, July 21

Other Top News

  • Ukraine continues to have bad nuclear safety more than three decades after the Chornobyl disaster. Experts are especially alarmed about the poorly-planned expansion of the nuclear power plant outside Khmelnytsky but Energoatom answered few of their concerns.
  • On this day, 50 years ago, humans set foot on the moon for the first time. The Apollo 11 mission continues to be seen as the top triumph of technology and human spirit half a century later.
  • Aerospace giant Motor Sich has been accused of financing Russia-backed militants in the Donbas region.
  • Researchers used a new facial analysis technique to conclude that Russian President Vladimir Putin was lying when he denied Russian responsibility for shooting down flight MH17.
  • Anti-corruption officials investigating ex-President Petro Poroshenko searched the offices of investment bank ICU and auto producer Bogdan Motors.
  • The Sixth Administrative Court of Appeals canceled a ruling that found that lawmaker Sergii Leshchenko and anti-corruption chief Artem Sytnyk interfered in the 2016 U.S. presidential elections.
  • Zelensky hinted he wants to replace law enforcement leaders agencies because they lack the will to investigate high-profile cases.

Business Focus: Due Diligence

  • Auditors and state officials ignored signs that PrivatBank was handing out billions of dollars in suspicious loans to related parties before its nationalization.
  • The Kyiv Post walks through the importance of due diligence in the context of mergers and acquisitions.
  • Ukraine’s commercial real estate has attractive yields but also serious risks, creating high demand for due diligence. Read what to look for before investing.