The first hardcover edition of Harry Potter and the Philosopher’s Stone could go under the hammer in the UK for £150,000 (about $160,000).
Along with the first part of the wizarding saga, the “magic wand” that actor Daniel Radcliffe, in the form of Harry Potter, used during the filming of the film of the same name, will be put up for auction. The props are expected to sell for £30,000 ($32,000).
The auction is organized by Propstore, a collection company that collects movie and TV show props. It will take place from 3 to 6 November in London and is expected to sell about 1.5 thousand lots. The total revenue could exceed 11 million pounds (nearly $12 million).
Among the most expensive items are items such as the Superman costume worn by actor Christopher Reeve during filming in 1978-1987 and the Darth Vader gloves worn by David Prowse in Star Wars. Episode IV: A New Hope”.
The Propstore Auction will sell props from the James Bond movies, the Marvel and DC franchises, as well as movies like The Shawshank Redemption and Gladiator.
The Norwegian authorities, following Finland, are considering the possibility of closing the Russian-Norwegian border for Russian citizens to cross it against the backdrop of a full-scale war unleashed by Russia against Ukraine, the country’s government said on Friday.
“If necessary, we will quickly close the border, the changes can take effect as soon as possible. Compared to Finland, fewer people arrive in Norway, and the situation is different here. Storskog is the only border crossing with Russia. We are in close dialogue with the police and customs about the situation at the border and carefully screening everyone who arrives,” Minister of Justice and Emergencies Emily Enger Mehl explained.
As noted in the government, the partial mobilization announced in Russia and a possible travel ban for Russian citizens may increase the risk of illegal border crossing by the Russian Federation against the backdrop of Russia’s escalation of military aggression in Ukraine. From Friday, police helicopters will overfly the Finnmark region. The police also control Storskog and the area beyond.
According to the Minister of Justice and Emergencies, the police helicopter is a useful tool for monitoring the border area from the Norwegian side.
The authorities also recalled that in May, Norway tightened the requirements for issuing visas to Russians, in particular, there were significantly fewer tourist visas issued.
From the beginning of the 2022/2023 marketing year (MY, began on July 1-2022) and until September 30, Ukraine exported 8.58 million tons of grain crops, of which 4.78 million tons of corn (55.7% of total supplies), 3, 0 million tons of wheat (35%) and 762 thousand tons of barley (8%).
As reported on the website of the Ministry of Agrarian Policy and Food on Friday, since the beginning of the current marketing year, the rate of grain exports is 40.2% lower than the same period of the last marketing year (14.36 million tons were exported from July 1 to September 30, 2021).
According to the agency, from the beginning of 2022/2023 MY and until September 30, 2022, Ukraine exported 3 million tons of wheat (2.97 times less compared to the same date in 2021/2022 MY), 762 thousand tons of barley (4.96 times less), 3.4 thousand tons of rye (12.5 times less) and 23.9 thousand tons of flour (34.6% less). At the same time, the pace of corn exports exceeded last year’s volumes – 4.78 million tons were exported, which is 3.34 times higher than in 2021/2022 MY.
It is specified that in general, since the beginning of September, 4.28 million grains and leguminous crops have been exported, including 1.75 million tons of wheat, 2.08 million tons of corn, 432 thousand tons of barley, 11.8 thousand tons of flour and 3 .4 thousand tons of rye. In addition, the ministry announced the volume of exports for the last reporting period on September 26-30, during which 1.07 million tons of grain were sent abroad, including 398 thousand tons of wheat, 543 thousand tons of corn, 127 thousand tons of barley, 1.9 thousand tons of flour and 1.3 thousand tons of rye.
Thus, according to the data of the ministry, for four days on September 26-30, the record average daily volumes of grain since the beginning of the war were delivered to foreign markets – 267.5 thousand tons / day, while for the reporting period of September 21-26 – 126 thousand tons daily , for September 9-21 – an average of 132.5 thousand tons daily, August 31-September 9 – 147.8 thousand tons daily, and August 26-31 – 110 thousand tons / day. Thus, the average daily export rates over the past 4 days have jumped 2.12 times compared to the previous period on September 21-26 due to the intensification of transportation of agricultural products through the seaports of Ukraine.
As reported, in the 2021/2022 marketing year, Ukraine exported 48.51 million tons of grains and legumes, which is 8.4% higher than the previous marketing year, despite the full-scale invasion of the Russian Federation and difficulties with the export of agricultural products due to the blockade of Ukrainian seaports. 18.74 million tons of wheat were delivered to foreign markets (12.6% more than in 2020/2021MY), 23.54 million tons of corn (+1.9%), 5.75 million tons of barley (+35.9%) , 70.9 thousand tons of flour (-44.1%).
In 2020/2021 MY, the country exported 44.72 million tons of grain and leguminous crops: 16.64 million tons of wheat, 23.08 million tons of corn, 4.23 million tons of barley, 126.9 thousand tons of flour and 18.4 thousand . tons of rye.
In 2019/2020 MY, Ukraine exported 56.72 million tons of grain and leguminous crops.
Projects for the construction of factories for the production of float glass products in the Zakarpattia and Kirovohrad regions for EUR195 million and $250 million, respectively, have been presented in Ukraine.
According to the presentation by Silverland Industrial Park, the project in the village of Klyucharki (Mukachevskiy district, Zakarpattia region) is estimated at EUR195 million, with 10% of the amount coming from the company’s own investments. The area of the land plot for construction is 19 hectares. The capacity of the production line will be 750 tons/day.
“Before the start of a full-scale war, the demand for glass in the Ukrainian market was 28-30 million square meters per year. Our company will be able to cover at least 50% of this demand. Independent production will reduce dependence on external suppliers, contribute to the post-war reconstruction of Ukraine In the future, there is an opportunity to enter the international export market,” Silverland representative Matvey Isichenko said at the International Investment Fair from UkraineInvest on Thursday.
The project implementation period is two years, the expected payback period is 4 years. The internal rate of return is estimated by the company’s analysts at 10%, the EBITDA margin is 31%.
According to Isichenko, there are no competitors in this area on the Ukrainian market, and the proximity of the enterprise to the western border will allow establishing cooperation with the nearest European countries and reducing logistics costs.
The implementation of the Genesis Engineering float glass plant project in the Kirovograd region is estimated at $250 million, while the company’s own investments will amount to $80 million. The area of land for the construction of the plant is 38 hectares.
“We are planning to build a plant in the central part of Ukraine, which gives us a good balance of access to high-quality raw materials and the target market, both domestic and export,” said Georgy Idiatullin, owner of Genesis Engineering.
The plant’s production capacity will be 510 tons/day, or 18 million square meters. m of glass per year. Products include clear glass 2-19 mm thick, with different finishes and shades. The production is planned to use equipment that will reduce emissions into the environment by 70%.
The implementation of the project will create 340 new jobs. The construction period is 3 years, the expected payback period of the project is 10 years. The internal rate of return is estimated by analysts at 11.28%, the EBITDA margin is 28%. According to the project implementation plan, in the first year of operation, the export income will be approximately $40 million.
Products will be certified according to European standards and export-oriented, Idiatullin said.
“There is a fairly large shortage of such products in the world, and the predicted growth of the world market is 8%, the European market is 6.5% annually. The volume of the world market today is $105 billion, the volume of the Ukrainian market for 2020 was $200 million and was completely dependent on imports “, – said the speaker during the presentation.
According to Opendatabot, Silverland IP LLC was established in May 2022. Among the founders are Andrey Isichenko and Alexander Popov (34% each), as well as Mikhail Lashin (32%).
Genesis Engineering LLC was established in 2014. Its owners are Georgy Idiatullin (50%), Konstantin Shcherban (33%) and Vladlena Kisilenko (16%).
From September 28, 2022, the Moldovan GTS operator confirms nominations for natural gas transportation in the form of a virtual reverse (backhaul) at the Grebenniki junction, the GTS Operator of Ukraine said on Friday.
“OGTSU has been working with partners for a long time to implement this opportunity. The long-awaited implementation of the virtual reverse by Moldova opens the way for the transportation of natural gas along the Trans-Balkan corridor in both directions,” said Andrey Prokofiev, head of the department for work with customers of OGTSU services.
The potential capacity of the Trans-Balkan corridor is up to 20 billion cubic meters. m per year. The route opens up the possibility for customers to import gas from LNG terminals in Turkey and Greece.
“The Trans-Balkan Corridor opens up opportunities not only for Ukraine. Benefits through access to new gas markets open up for the countries of Central and Eastern Europe with the ability to store the resource in underground gas storage facilities in Ukraine,” added Olga Belkova, Director for Cooperation with Government Agencies and Organizations.
The GTS operator of Ukraine hopes for a legislative settlement of the possibility of transportation in the form of a backhaul on a long-term basis.
As reported, from August 1, 2022, the OGTSU increased the volume of the possibility of measuring natural gas at the Grebeniki junction (between Ukraine and Moldova) by 1.5 times – from 3.96 to 6.12 million cubic meters. m per day, thereby ensuring that Ukraine fulfills all the prerequisites for launching the Trans-Balkan corridor.
An increase in natural gas measurement volumes in the future opens up more opportunities for both Ukrainian and European traders. Namely, customers of the EU countries will be able to import gas via the Trans-Balkan corridor from LNG terminals in Greece and Turkey through the territory of Ukraine to Hungary, Slovakia, Poland.
S&P Global Ratings lowered its foreign currency (FC) long-term sovereign credit and issue ratings on Ukraine to ‘CC’ from ‘CCC+’. The outlook on the long-term sovereign rating is negative.
Fitch Ratings has upgraded Ukraine’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘CC’ from ‘RD’ (restricted default).
The Ministry of Economy of Ukraine expects a decline in GDP of at least 30-35% in 2022, and for the next year it has developed four macroeconomic scenarios, which, depending on the conditions, give from 0.4% further decline to 15.5% of economic growth, First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko has reported.
The deficit of Ukraine’s trade in goods in July this year amounted to $1.798 billion, which is 4.1 times more than in July last year ($440 million). According to its data, exports of goods in July fell by 47.9% compared to last year, to $2.92 billion, while imports fell by 21.9%, to $4.718 billion. Geographically, in trade with the EU, even an increase in imports was recorded by 9.1%, to $2.651 billion, while exports decreased by 8.3%, to $2.158 billion.
The growth of consumer prices in Ukraine in July 2022 due to seasonal factors slowed down to 0.7% from 3.1% in June and 2.7% in May, returning to the level of the end of last year.
In July last year, inflation was 0.1%, so in annual terms, in July this year, it rose to 22.2% from 21.5% in June and 18% in May.
The loan portfolio of Ukrainian banks in July 2022 decreased by 6% to UAH 1.212 trillion, while the volume of non-performing loans (NPL) increased by 7.1% to UAH 363.682 billion, according to a report on the website of the National Bank of Ukraine ( NBU).
During January-May 2022, Ukraine’s leading retail companies paid about UAH 15 billion in taxes and provided jobs for almost 250,000 employees, the press service of the Retail Association of Ukraine (RAU) reported.
Economic Monitoring’s Project Manager – PhD in Economics, Maksim Urakin
