Ukraine plans to harvest up to 20 million tons of wheat, which is five times more than domestic demand, Prime Minister Denys Shmyhal said.
“Yesterday, the first ship with Ukrainian food left the port of Odessa… Firstly, this makes it possible to increase foreign exchange earnings and business income. Not only in the agricultural sector, which employs hundreds of thousands of people, but also in related industries. The second aspect: Ukraine remains important player in the global food market,” he said at a government meeting on Tuesday.
The prime minister stressed that the unblocking of exports is also directly related to the new crop, which is now being harvested by Ukrainian farmers.
“As of the end of July, about 12 million tons have already been harvested. At the same time, we expect to harvest up to 20 million tons of wheat alone, which is five times more than domestic demand. Therefore, it is important for us to help farmers preserve and sell the new crop,” Shmyhal summed up.
The UK-based Ferrexpo Plc, which controls Poltava Mining and Yeristovo Mining in Ukraine, intends to reconstruct the integral property complex of the pellet production shop at Poltava Mining.
According to the documentation at the disposal of Interfax-Ukraine, it is planned to reconstruct the integral property complex of the pellet production shop in the building of the filtration and averaging building for concentrate No. 1, A and 2, B.
The timing of the reconstruction and the amount of funds for the project are not made public.
Ferrexpo is an iron ore company with assets in Ukraine. Fevamotinico S.a.r.l., controlled by Kostiantyn Zhevaho, owns 50% of Ferrexpo, BlackRock holds 6.74% in it.
Ferrexpo owns 100% of the shares of Poltava Mining, 100% of Yeristovo Mining and 99.9% of Belanovo Mining.
The European Union has fully provided Ukraine with the first tranche in the amount of EUR1 billion of new emergency new macro-financial assistance, said the head of the European Commission, Ursula von der Leyen.
“These funds will help Ukraine meet its urgent financial needs in the wake of unprovoked and unjustified Russian aggression. The €1 billion will strengthen Ukraine at a critical juncture,” she wrote on Linkedin on Tuesday.
On the eve of the receipt of the first EUR500 million from this tranche in Ukraine, Prime Minister Denys Shmygal announced, adding that the second EUR500 million is expected on Tuesday, August 2.
As reported, the EU has previously approved the allocation of new emergency macrofinancial assistance to Ukraine for EUR9 billion, of which EUR1 billion has been allocated so far. The remaining EUR8 billion is expected to come in one tranche, but the final decision on them is being delayed.
President of Ukraine Volodymyr Zelensky on the eve appealed to French President Emmanuel Macron with a request to unblock macrofinancial assistance from the European Union.
Speaker of the House of Representatives of the US Congress Pelosi should land in Taiwan an hour earlier than the time previously published in various media (at 16:20 Kyiv time). Her delegation will consist of 40 people.
The visit of the Speaker of the House of Representatives may last until 5:00 pm Wednesday local time.
Earlier, a Boeing C-40C special flight carrying Nancy Pelosi arrived in Singapore on Sunday, according to Flightradar data.
Prior to this, the aircraft took off from the Hawaiian Islands, where it made an intermediate landing after flying from the continental United States.
Speaker of the House of Representatives of the US Congress Nancy Pelosi went on an official trip to Asia, during which she will visit Singapore, Malaysia, South Korea and Japan, her press office said in an official statement. It is indicated that Pelosi led the American delegation, the purpose of which is to conduct negotiations on trade, security, climate change and the COVID-19 epidemic.
At the same time, the message does not mention the possibility of her visit to Taiwan, which she previously announced.
Tensions over a possible visit to Taiwan by Pelosi rose after Chinese President Xi Jinping, in a telephone conversation with US President Joe Biden on Thursday, said that the position of the Chinese leadership and the people of the country on the Taiwan issue is firm, and that “the United States must respect” the principle of one China.” He also warned Biden against “playing with fire” on Taiwan.
Previously, the YouTube channel “Club of Experts” called Pelosi’s possible visit to Taiwan a top event. For a more detailed analysis of upcoming events in Ukraine and the world, see the video review of the Expert Club channel at the link
The Central Bank of Malta and the National Bank of Ukraine (NBU) have launched a program for Ukrainian refugees to exchange hryvnia for euros since August 1, the NBU press service reported.
According to the report, Ukrainians who have a certificate of protection from the International Protection Agency in Malta will be able to exchange up to UAH 10,000 for one person.
Banknotes from UAH 100 to UAH 1,000 are accepted for exchange.
As reported, the hryvnia cash exchange program has already been launched in Poland, Germany, Belgium, Sweden, Italy, the Netherlands and Switzerland.
Demand for new cars in July of this year increased by almost 26% compared to June, but decreased by 63% by July 2021 to 3,648 units, Ukravtoprom reports.
“The Ukrainian market for new cars continues to recover. A month after the abolition of exemptions for customs clearance of imports, the market grew by more than a quarter,” the association’s website says.
As reported, in June 2022, the initial registrations of new passenger cars increased by 14% compared to May.
According to the report, the most popular brand of the month, like a year ago, was Toyota with a drop in sales by 61% compared to July last year – to 596 cars.
The second result for Volkswagen is 316 units. (30% less), which a year earlier ranked 6th in the ranking with 452 cars.
The Chinese Chery broke into third place with 300 registrations, which is 27% less than a year earlier, but five steps higher in the ranking.
At the same time, Renault, which was second last year, took fourth place with an 80% drop in sales to 260 cars. Skoda closes the top five – 207 units. (-67%).
Chery Tiggo 4 became the bestseller of July, which was chosen by 239 buyers.
According to the association, in the first half of the year, 21.5 thousand new cars were registered in Ukraine for the first time – 63% less by January-June 2021.
The AUTO-Consulting information-analytical group published the statistics of sales of new passenger cars in July on its website, according to which almost 4,000 cars were sold in July, which is 28% more than in June, but 60% less than in July -2021.
Experts also note a breakthrough in the leaders of new players, in particular Chery.
“The Chinese brand took advantage of preferential customs clearance and managed to import a significant number of cars. And the most popular Chery Tiggo 4 car managed to bypass even Toyota RAV4,” AUTO-Consulting notes.
Analysts also record an increase in sales in the premium group – there are three players from this segment in the TOP July 10 at once: BMW, Mercedes-Benz, Lexus, which AUTO-Consulting has never recorded yet.
“The recovery in demand was a surprise for some operators who did not have time to rebuild the logistics of supplies, so some dealers were running out of cars. This is the reason for the drop in sales for certain brands, but overall sales have been growing for the fourth month, which gives reason for further optimism,” noted in the message.
As reported with reference to MP Yaroslav Zheleznyak, the import of cars to Ukraine in July, the first month after the abolition of import benefits, decreased by almost 8 times compared to June, to 13,584 thousand units.
As reported, in 2021, the market for new passenger cars, according to Auto-Consulting, grew by 20% – to 103.65 thousand units, according to Ukravtoprom – by 21% to 103.3 thousand units.
