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UJ Week
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Putin: We’ll skip gas penalties this year
YALTA, Nov. 19 – Russia will not be enforcing penalties against Ukraine for lower-than-expected natural gas imports this year due to the “special” relationship between the two countries, Russian Prime Minister Vladimir Putin said Thursday. 09:40 | More
Yushchenko renews call for renegotiation of gas deal with Russians
KIEV, Nov. 19 - Ukraine’s ability to move Russian natural gas to markets in the European Union may be in jeopardy next year unless Kiev and Moscow renegotiate their gas agreement, President Viktor Yushchenko said Thursday. 09:39 | More
Ukraine to face natural gas price hike in 2010, says official
KIEV, Nov. 19 – The price of Russian imported gas for Ukraine in Q1 2010 will grow to $270-300 per thousand cubic meters compared to $208.1 per thousand cubic meters in Q4 2009, according to Bohdan Sokolovsky, the presidential representative for international energy security. 09:38 | More
In the Horodetsky House President Victor Yushchenko met tete-a-tete with President of Georgia Mikheil Saakashvili. (photo by Yushchenko's press service)
OSCE calls upon Ukraine to dispose of rocket fuel in 3-4 years
KALYNIVKA (Vinnytsia region), Nov. 18 – The Organization for Security and Cooperation in Europe hopes that the disposal of the components of liquid rocket fuel (melange) in Ukraine will take three or four years. OSCE Project Coordinator in Ukraine Lubomir Kopaj said this during the removal of the first consignment of melange from Kalynivka, Vinnytsia region, on Wednesday. 09:37 | More
Ukrainian National Federal Credit Union, located in New York, and with $130 million in assets, has an excellent and exciting opportunity for a Chief Executive Officer to work in concurrence with the Board of Directors on strategic
IN FOCUS
20:57 | More
Chief Executive Officer
Ukrainian National Federal Credit Union, located in New York, New York, and with approximately $130 million in assets, has an excellent and exciting opportunity for a Chief Executive Officer to work in concurrence with the Board of Directors on strategic planning and growth initiatives for its membership. This individual will be responsible for managing the daily operations, providing leadership to the staff and ensuring short and long term financial health of the credit union. Must have exceptional team building and interpersonal skills with a proven track record of success while providing exceptional member service. A degree in business or related field is required plus a minimum of five years experience working within a financial services institution. To submit your confidential application and learn more about the positions represented by D. Hilton Associates, please visit us at www.dhilton.com and click on Industry Opportunities. 20:59 | More
COMMENT AND ANALYSIS
Can elections be harmful to democracy?

It has been said that young leaders are the foot soldiers of democracy, and the grassroots campaign that swelled up during Orange Revolution is proof that Ukraine is no exception. Still, five years later, the Orange Revolution’s promise of reform has yet to be fulfilled. This is in large part due to a lack of leadership not only at the top of the government machine, but throughout the system. Still, even the best reform strategy will fail without strong leaders to promote and undertake it. More

Consensus Forecast: Things will get better in 2010

What will the situation be with Ukraine’s economy over this year and the following two? When will GDP stop contracting? When will consumer demand begin to pick up and what will wages be like? The answers to these questions were sought by ICPS economists along with their colleagues at the latest quarterly consensus seminar in macro-economic forecasting, organized by Ukraine’s Ministry of Economy on 2 July 2009. More

No end in sight: downswing in consumer mood continues to break records

Ukraine greeted 2009 with a thus-far unseen worsening in the consumer mood as the crisis in the country’s economy worsened. In January 2009, the Consumer Confidence Index (CCI) fell a further 12.1pp over December 2008, to 41.8. This is a new record and the absolute lowest the Index has ever been since it began to be tracked. This level of the CCI indicates that more than three-quarters of Ukraine’s consumers are feeling pessimistic. More

THE ICE NOT THE FIRE

At the height of his power with Standard Oil of Ohio, John D. Rockefeller controlled the production of 90% of the kerosene in the US, in the 1890s. As you sit in your home reading this by electric light, you most likely are saying so what.
The issue was, when Rockefeller had this 90% control, virtually everyone relied on kerosene to fill their lamps and space heaters. Even though Rockefeller was able to bring the cost of kerosene down by over 80% he had a stranglehold on the lighting of American homes. There was way too much power in the hands of one man and this unregulated influence could negatively affect the majority of the nation’s population.
More

Nation
Putin: We’ll skip gas penalties this year
Yushchenko renews call for renegotiation of gas deal with Russians
Ukraine to face natural gas price hike in 2010, says official
Yushchenko and Polish official call for changes to NATO strategy
UAE reaches agreement with Ukraine on An-148 aircraft purchase
Tymoshenko switches story on natgas talks
Opposition may initiate no-confidence vote in Tymoshenko government
Candidate calls on industry to rescue Ukraine banking sector
Ukraine to revise budget to placate IMF
Yushchenko vetoes NBU flu emission bill
EU, Russia OK ‘warning’ process to shield Europe from natgas dispute
DPM hopes ‘an end has not yet been put’ to cooperation with IMF
Yushchenko pitches investment in Ukraine at Abu Dhabi meeting
Fitch lowers its Ukraine rating, citing wage and pension hikes
EC official expresses hope that Ukraine will make gas payments
Ukrainian, Russian PMs to meet on natgas
Business
OSCE calls upon Ukraine to dispose of rocket fuel in 3-4 years
Ukrainians want in on ‘early warning’ system between EU, Russia
Two Swedish companies start building facility to burn Donetsk trash
Ukraine has readied 50 energy-saving projects for EC, says DPM
DPM: Gas transit modernization ‘nondiscriminatory’ towards Russia
Ukraine’s GDP rose 2.9% over prior quarter in third quarter
Russian pipe trade group speaks out against bilateral agreement
Troubled credits could reach 20% of banking system, banker says
Ukrainian Treasury receives $1.3 billion under IMF SDR program
Dubai-based company acquiring Poltava helicopter manufacturer
Latest analyst forecasts peg 2009 Ukraine GDP drop at 10-15%
Hard-working Stakhanov rail plant back to three-shift schedule
Reputed Ukraine-Gazprom agreement only ‘opening offer,’ says official
Centragas Beteiligungs accuses Naftogaz of violating Energy Charter
Ukraine downside risk outweighs upside potential, says NBU advisor
Currencies (in hryvnias)
  20.11.2009 prev
USD 7.990 7.990
RUR 0.278 0.278
EUR 11.88 11.95

Stock Market
  19.11.2009 prev
PFTS 634.8 639.4
source: PFTS

OTHER NEWS

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