Ukraine

Jailed oligarch Ihor Kolomoisky loses control of stake in Ukraine’s leading privately owned oil and gas company JKX Oil & Gas Ltd.

bne IntelliNews November 29, 2023

JKX Oil & Gas’ subsidiary, Poltava Petroleum Company, is a leading non-state oil and gas producer in Ukraine, holding five production licences and one for geological study, including pilot production.

Protest at Polish-Ukrainian border escalates as farmers join in

Wojciech Kosc in Warsaw November 29, 2023

Protesters said they are not ruling out escalating the blockade to cover all eight Polish-Ukrainian border crossings.

COMMENT: Falling EM inflation enters a second phase, but rate cuts will progress slowly in 2024

bne IntelliNews November 28, 2023

Inflation rates are coming down across the Emerging Markets and are now entering a second phase, Capital Economics said in a note on November 28. Central Banks are getting ready to cut interest rates but rate cuts will come slowly.

Turkey equipping Moscow’s war machine, data shows

bne IntelIiNews November 27, 2023

While Ankara records show “dual-use” goods going to Central Asia and Caucasus, trade registry discrepancies across region indicate items actually go to Russia.

Power cut for half a million people and four die as worst storm in 100 years hits Crimea

bne IntelliNews November 27, 2023

Oleg Kryuchkov, an adviser to the peninsula's Russian governor, said 498,000 people in Crimea have been left without electricity due to the extreme weather.

EC President Michel to hold key talks with Orban in Budapest

Tamas Csonka in Budapest November 27, 2023

Orban has continued to threaten to block additional support for Ukraine, the start of Ukraine's EU accession negotiations, and a new round of sanctions against Russia.

Top Ukrainian politician David Arakhamia gives seventh confirmation of Russia-Ukraine peace deal agreed in March 2022

Ben Aris in Berlin November 26, 2023

Top Ukrainian politician and presidential advisor David Arakhamia added a further confirmation that a peace deal between Russia and Ukraine was agreed in principle in March 2022 that was later shot down by UK Prime Minister Boris Johnson.

Ukraine targeted with 75 Russian drones in biggest attack ever

bne IntelliNews November 25, 2023

Ukraine was struck by an attack of 75 drones on the night of November 24, the biggest single attack ever, but air defences managed to shoot down 71, Kyiv reports.

What happens to Ukraine's budget funding if the EU fails to approve its €50bn support package?

bne IntelliNews November 24, 2023

Half of Ukraine’s 2024 budget deficit will have to be funded by international partners, but with money from the US already in decline, what happens to Ukraine’s finances if the EU also fails to approve its mooted four-year €50bn aid package?

KSE: Russian oil tracker finds Western ships reducing services for Russian exports, but sanction dodging widespread

bne IntelliNews November 24, 2023

Kyiv School of Economics (KSE) is closely following Russia’s oil export business that has been targeted by Western sanctions and has released its latest update of the Russian Oil Tracker.

Ukraine EU accession talks will be "difficult", European Council President Michel says

Ben Aris in Berlin November 23, 2023

The President of the European Council, Charles Michel, predicts that the December summit on Ukraine's accession to the EU will be “difficult".

Illegal caviar trade flourishing in Southeast Europe

bne IntelliNews November 23, 2023

Around half of the commercially available caviar products in Bulgaria, Romania, Serbia and Ukraine are illegal, according to a new study.

EU’s Aluminium consumer association decries twelfth package sanctions

bne IntelliNews November 22, 2023

The Federation of Aluminium Consumers in Europe (FACE) complained that European aluminium producers have been lobbying for Russian aluminium products to be included in the mooted twelfth sanctions package will hurt Europe more than Russia.

Fico's opposition to arming Ukraine is just for domestic consumption

Albin Sybera November 22, 2023

Potential deals for Smer’s business backers look likely to outweigh any concerns the incoming Slovak premier may have about stoking the war in Ukraine.

Ukraine marks tenth anniversary of Euromaidan protests

bne IntelliNews November 22, 2023

Ukrainian President Volodymyr Zelenskiy has marked the tenth anniversary of the beginning of 2014 Revolution of Dignity, also known as the Maidan Revolution, describing it as the country’s “first counter-offensive.”

INTERVIEW: Green transition must be a just transition, says EBRD chief economist

Clare Nuttall in Glasgow November 21, 2023

EBRD research shows majority in transition countries believe climate change will severely affect the children of today, but fewer people are willing to pay to address the climate emergency.

KSE: Bold measures are needed as Russia’s oil is slipping beyond G7 reach

Kyiv School of Economics November 20, 2023

Russia has successfully dodged the $60 oil price cap sanctions. Bold action needs to be taken to make sure the rule is enforced.

EC mulls punishing Poland for blocking transit of Ukrainian trucks

bne IntelliNews November 20, 2023

Ukrainian truckers are facing daily losses of €300 due to the ongoing blockade of the Polish border by Polish truckers, according to the Association of International Motor Carriers.

Denmark to police sanction-busting Russian tankers leaving the Baltic Sea?

Ben Aris in Berlin November 19, 2023

The European Commission may ask Denmark to block the exit from the Baltic Sea and introduce inspections on Russian oil tankers as a way to enforce the $60 oil price cap sanctions, France24 reported on November 18.

Russian diamonds are for never

bne IntelliNews November 19, 2023

The EU is currently debating a twelfth sanctions package that will ban imports of Russian diamonds for the first time.

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