Business news from Ukraine

Business news from Ukraine

TWO AIRLINES PLAN TO RESUME FLIGHTS FROM UKRAINE

Hungarian low-cost airline Wizz Air and German Lufthansa plan to resume flights from Ukraine in late May or early June.
The relevant information is available in the booking systems of the airlines.
In particular, Wizz Air has opened booking tickets for flights from Kyiv, Zaporizhia, Lviv, Odesa and Kharkiv since May 23. Most flights will start to operate in June.
Lufthansa has opened booking flights from Kyiv to Berlin since June.
Earlier, the resumption of direct flights from Ukraine was announced by Czech national airline Czech Airlines, namely, from Prague to Kyiv and Odesa at the end of May 2020.

,

NUMBER OF PATIENTS WITH PNEUMONIA DECREASED IN UKRAINE

There is a decrease in the number of patients with pneumonia in Ukraine, Minister of Health Maksym Stepanov said during a press briefing in Kyiv on Wednesday morning.
“We have increased the number of PCR tests for coronavirus up to 8,000 per day, but the number of patients has not exceeded 600 for three weeks in a row. In addition, there is good statistics regarding patients with pneumonia. If earlier we tested about 800-900 people with pneumonia per day, today this number does not exceed 250-300 people, and we test absolutely everyone. That is, we see a decrease in patients with pneumonia. Still, quarantine measures produce their effect,” he said.

,

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 13/05/20

National bank of Ukraine’s official rates as of 13/05/20

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF MAY 13

Official rates of banking metals from national bank as of May 13

One troy ounce=31.10 grams

,

LAW FIRM FROM USA PAYS $11 MLN TO SETTLE DISPUTE WITH FORMER UKRAINIAN PM YULIA TYMOSHENKO

The New York-based law firm Skadden, Arps, Slate, Meagher & Flom has paid $11 million or more to avoid a lawsuit by former Ukrainian Prime Minister Yulia Tymoshenko, who blamed the firm for aiding in her political persecution, The New York Time reported on May 10. “Skadden’s Ukraine work, which has already led to federal investigations and steep fines, centered around a report produced by the firm that [former Ukrainian President] Mr. [Viktor] Yanukovych’s allies used to try to justify his government’s treatment of Ms. Tymoshenko, a leading rival of Mr. Yanukovych. She was imprisoned starting in 2011 on abuse of office charges that the international community widely condemned as politically motivated,” it said.
The New York Times said referring to people familiar with the settlement that Skadden paid $11 million or more to settle the case before a lawsuit was filed.
“Funds from the settlement appear to have been passed through [law firm] Reid Collins to Ms. Tymoshenko and [Tymoshenko’s lawyer] Mr. [Serhiy] Vlasenko. That arrangement appears to be reflected in records filed by Ms. Tymoshenko and Mr. Vlasenko with the Ukrainian government, which show that they each received about $5.5 million from Reid Collins between July and last month,” reads the article.
According to The New York Times, the records do not mention Skadden. In his filings, Vlasenko characterized the money as “foreign income.” Tymoshenko described it in a filing this month as “compensation for the damage caused by the political repression of 2011-2014, which was received in the United States at the stage of precourt settlement.”

, ,