Ukraine

Russia’s ruble exchange rate disregarding talk of troops on the Ukrainian border so far

Ben Aris in Berlin November 16, 2021

The ruble’s exchange rate to the dollar has acted a fairly good barometer for the level of geopolitical tensions in the last two years. But it has shrugged off recent talk of troop build-ups on Ukraine's border and a possible invasion.

German regulator Bundesnetzagentur suspends the approval of Nord Stream 2 gas pipeline, gas prices spike

bne IntelliNews November 16, 2021

In a surprise decision, the German Bundesnetzagentur, responsible for awarding the certification that would allow the controversial Nord Stream 2 gas pipeline, has suspended the process, killing off hopes for an early start to the pipeline's work.

HOMANS: Ukraine – a cryptocurrency hub?

Robert Homans in Washington DC November 16, 2021

There was an article in New York Times this month, entitled “The Crypto Capital of the World – It Has to be Somewhere. Why Not Ukraine?” Will that work?

bneGREEN: Coal emerges down, but not out, from Glasgow

Richard Lockhart in Edinburgh November 16, 2021

The COP26 conference finished 26 hours late on November 13, with a last-minute intervention by India watering down the final agreement’s commitment on coal.

Cabinet fires GarPok director allegedly for attempt to pay to all green energy producers

Cameron Jones in Kyiv November 15, 2021

Cabinet fires GarPok director allegedly for attempt to pay to all green energy producers

Digital divide adds to multi-speed recovery from coronavirus finds EBRD

Clare Nuttall in Glasgow November 13, 2021

New EBRD Transition Report warns there is a widening gap between economies that have stepped up their use of online and digital services and those that have fallen further behind.

ING: Sticky inflation risks force CEE central bankers to keep on hiking rates

Valentin Tataru chief economist for Romania at ING, Peter Virovacz Senior Economist in Hungary at ING, Leszek Kasek is the Senior Economist in Poland at ING, Rafal Benecki is the Chief Economist in Poland at ING November 12, 2021

Disruptions in global value chains continue to weigh on Central and Eastern Europe, and the Delta variant is blurring the outlook for the fourth quarter. Record high inflation can no longer be written off as temporary as rates rise across CEE.

bneGREEN: COP26 sectoral initiatives could close 2030 emissions gap by 9%

Richard Lockhart in Edinburgh November 11, 2021

An initial assessment by Climate Action Tracker of the impact of the Glasgow sectoral announcements for methane, coal, forests and transport show they would reduce the 2030 emissions gap between current government action and a 1.5C pathway by 9%.

bneGREEN: Guterres stresses emissions, finance gaps still major barriers to 1.5C

Richard Lockhart in Edinburgh November 11, 2021

UN Secretary-General António Guterres told the COP26 summit that much work remains to be done to fill the emissions gap and the finance and adaptation gap, despite welcoming the agreements on forests, methane and coal made so far.

Ukraine’s leading English language newspaper Kyiv Post closed

bne IntelliNews November 9, 2021

The owner of the Kyiv Post, Ukraine’s oldest and best known English language newspaper, has been “temporarily” closed after 26 years of publishing and its entire staff sacked on November 8.

bneGREEN: Paris Accords targets will be missed, World on course to see 2.7C-3.1C increases in temperature by 2100 without drastic reductions

bne IntelliNews November 8, 2021

The global community will miss the Paris Accord target of keeping temperature rises to 1.5C and will see them climb to between 2.7C and 3.1C by 2100 unless emissions are cut by 15% a year from now on.

bneGREEN: Gas and nuclear lobby hard to be declared green in Europe

Richard Lockhart in Edinburgh November 5, 2021

Gas and nuclear power should be considered as sustainable investments in the EU green taxonomy, a confidential non-paper sent to the European Commission on October 29 and circulating in Brussels has claimed.

bneGREEN: Coal dominates at COP26 as more countries join the clean transition

Richard Lockhart in Edinburgh November 4, 2021

Poland, Ukraine, Vietnam and a host of other major coal-burning countries made clear commitments to phase out coal power in the coming years, as the UK presidency of COP26 claimed that “the end of coal is in sight”.

bneGREEN: Climate Investment Funds issues new generation of green bonds worth $500mn

Richard Lockhart in Edinburgh November 4, 2021

The World Bank has backed the issue of $500mn of green bonds ever year for 10 years in a bid to raise private capital to scale up clean energy and sustainable infrastructure in emerging economies.

EBRD predicts Ukraine’s economic recovery will gather momentum to 3.5% growth this year and next

bne IntelliNews November 4, 2021

Ukraine’s economic recovery is likely to gain momentum over the remainder of 2021, the European Bank for Reconstruction and Development (EBRD) says in its latest Regional Economic Prospects (REP) report, published on November 4.

FPRI BMB Ukraine Zelenskiy goes to COP26 in Glasgow

FPRI BMB Ukraine November 4, 2021

Participating in the COP26 UN Climate Change Conference in Glasgow on November 1-2, Ukrainian President Volodymyr Zelenskiy presented new emission reduction goals and warned of “two eco-bombs in the centre of Europe: Crimea and Donbas.

FPRI BMB Ukraine: Cabinet reshuffle under way

FPRI BMB Ukraine November 2, 2021

A Cabinet reshuffle is underway in Kyiv. Rumours of the impending reorganisation gained traction last week after Servant of the People faction head Davyd Arakhamia said that at least four personnel changes were under consideration.

THE VIEW FROM MITTELEUROPA: German traffic light coalition could worsen frictions with CEE

Marcus How and Gunter Deuber in Vienna November 1, 2021

A new centre-left government in Berlin could help create a two-tier Europe, especially if it promotes rule of law penalties.

bneGREEN: Mixed outlook for COP26 as leaders embark on search for agreement

Richard Lockhart in Edinburgh November 1, 2021

COP26 is trying to put flesh on the bones of the targets and promises made at the 2015 Paris meeting.

Turkey now Ukraine’s top foreign investor, with already booming free trade set to grow further

Cameron Jones in Kyiv November 1, 2021

Ukraine’s trade volume with Turkey can double to $10bn per year if the details on a long-awaited free trade deal are straightened out after years of negotiations.

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