UN confirms “grain corridor” to resume on November 3

The UN confirmed the resumption of the “grain corridor” on November 3. The passage of ships will be ensured. Sydorov reports, referring to the Twitter account of Ukraine’s Minister of Infrastructure Oleksandr Kubrakov. “Black Sea Grain Initiative continues. On Thursday, November 3, eight vessels with agricultural products are expected to pass through the “grain corridor.” … Read more

Canada to issue five-year bonds in support of Ukraine

The Government of Canada will issue five-year bonds – Ukraine Sovereignty Bonds – to financially support Ukraine, Prime Minister Justin Trudeau said at the XXVII Triennial Congress of Ukrainian Canadians in Winnipeg on Friday. “Canada remains unwavering in our commitment to support the people of Ukraine in their fight against Putin’s illegal and barbaric invasion, … Read more

McDonald’s resumes work in Zhytomyr, operation of four restaurants in Kyiv region

McDonald’s is resuming work in Zhytomyr and the operation of four restaurants in the capital region, the company’s press service reported. In Zhytomyr on Friday, McDonald’s resumed work at 77 Kyivska Street. Also, on October 27 and 28, establishments were opened in Kyiv at 1 Mazepy Street, 36b Bandery Avenue, at 1 Circular Road, as … Read more

UCAB predicts 30% drop in gross sunflower harvest in Ukraine

According to preliminary estimates by the Ukrainian Club of Agrarian Business, the gross sunflower harvest in the 2022/2023 marketing year will decrease by 30% compared to the average annual figure for the past three years. This was reported by the UCAB press service. It is noted that the reason for the fall in the gross collection is … Read more

Metinvest operates at 30-50% capacity – CEO

Metinvest Mining and Metallurgical Group is currently operating at 30%-50% of the pre-war levels and will be able to restore its previous volumes within six months to a year after the end of the war, Metinvest CEO Yuriy Ryzhenkov told the British edition of The Economist. According to him, two metallurgical plants in Mariupol were … Read more

Minister Galushchenko: 90% of wind energy facilities put out of service due to war

As a result of the Russian full-scale invasion, 90% of wind energy facilities and 45-50% of solar energy facilities have been put out of service in Ukraine. The relevant statement was made by Ukrainian Energy Minister German Galushchenko in an interview with We-Ukraine Channel. “Green energy is probably the most affected industry, as most of our capacities … Read more

Ukraine, Türkiye seek to extend Grain Initiative

Ukraine and Türkiye have spoken in favor of extending the Grain Initiative agreement on the safe transportation of Ukrainian cereals from the country’s seaports beyond November 22 when the initial deal is set to expire. This was discussed today during a meeting of Ukraine’s Infrastructure Minister Oleksandr Kubrakov and Turkish Defense Minister Hulusi Akar at … Read more

Banking system has enough liquidity for govt bonds rollover

The liquidity of the banking system of Ukraine is sufficient for the Ministry of Finance to ensure refinancing of payments on government domestic loan bonds (rollover), however, acceptable rates of return are a condition for it, Deputy Governor of the National Bank of Ukraine (NBU) Yuriy Heletiy has said. “We see enough liquidity in the … Read more