The number of applicants for apartment rental in Kyiv in September for the first time during the full-scale war exceeded pre-war figures, the press service of the LUN new buildings portal reported.
According to data from the apartment rental app Bird, as of September 20, the number of applicants for apartments rental has reached 120% of the pre-war level. A month ago, in mid-August, demand reached the February level, and in July it was 90%.
According to the press service of LUN, in September, housing prices halted growth compared to the previous month. The median price for renting a one-room apartment in Kyiv fixed at UAH 9,000 in September, which is the same as in August. In July, the figure was UAH 8,000, while at the end of February, the median price for renting one-room apartments was UAH 13,000 per month.
The median price for renting two-room apartments in September slightly decreased compared to August – from UAH 15,000 to UAH 14,000. In July this figure was UAH 12,500, before the war – UAH 21,600.
At the same time, the median price for renting three-room apartments decreased from UAH 24,900 in August to UAH 20,200 in September, which is the same as in July. Until February 24, such housing cost UAH 46,100.
Florian Bollen, a German businessman and co-owner of craft breweries German Kraft Beer, Tarantino Family restaurant chain is coming under the control of Florian Bollen, the chain’s website says.
“From October 1, 2022, the Tarantino Family will come under the control of the German businessman and co-owner of craft breweries Florian Bollen. The new owner already owns the German Kraft Beer chain in London, plans to invest and develop the restaurant market in Kyiv,” the message says.
Bollen’s LinkedIn indicates that the businessman will take over the restaurant chain.
“The start of work in Kyiv will be a great confirmation of our belief in the victory of the Ukrainians and a good example for European investors,” he commented.
The Tarantino Family network in Kyiv includes restaurants “Rukkola”, “Murakami”, Villa Riviera and others, in total 28 objects. Among the owners of the network is Dmitry Fedotenkov.
As reported, the capital’s law enforcement officers are investigating the criminal activities of the owners of a well-known restaurant chain for the legalization and withdrawal of funds in the Russian Federation. According to the Kyiv prosecutor’s office, citizens of Ukraine – the owners of a large restaurant chain – retained control over the business in the territory of the aggressor country, transferring it to the management of a Russian restaurateur. The name of the network was not called, but later information spread in the media that it was about the Tarantino Family.
Kyiv Mayor Vitaliy Klitschko appealed to the Federal Minister of Economic Cooperation and Development of Germany to transfer generators and mobile heating units to Kyiv as an aid, according to the website of the mayor of the Ukrainian capital on Wednesday.
“I am talking with German partners about helping the Ukrainian capital and the people of Kiev to get through this heating season, which will be very difficult under martial law. In particular, I appealed to the Federal Minister for Economic Cooperation and Development of Germany to provide Kyiv with generators and mobile heating points as assistance,” wrote Klitschko in the Telegram channel.
The mayor of Kyiv also said that the Ukrainian capital will acquire mobile mobile boilers as a backup source of heat supply in case of emergency during the heating season. They will provide heat to hospitals, kindergartens, schools, and will work at heating points that the city will deploy.
The Verkhovna Rada of Ukraine at its plenary session on Wednesday adopted by 255 votes bill No. 7668-d on the return of excise taxes on motor fuel.
According to the head of the Verkhovna Rada of Ukraine Committee on Finance, Tax and Customs Policy Daniil Getmantsev, the excise rate for gasoline and diesel is EUR100 (hereinafter per 1000 liters), for liquefied gas, butane and isobutane – EUR52, for alternative motor fuel and biodiesel – EUR100.
At the same time, a zero excise rate for fuel has been set for the Ministry of Defense. “This benefit will be valid exclusively for the Ministry of Defense during the period of martial law and the state of emergency,” said Yaroslav Zheleznyak, People’s Deputy (Voice faction), on the Telegram channel.
According to him, the law comes into force one day after its publication, so the return of excises should be expected at the end of September.
VAT for all types of fuel remains at 7%.
As reported, in March 2022, the Rada canceled excise taxes on motor fuel.
Washington takes Russian President Vladimir Putin’s words about nuclear weapons seriously, but so far sees no need to change its strategic positions, US National Security Council spokesman John Kirby said on Wednesday.
“We should always take this kind of rhetoric seriously. It’s not like what he’s been saying in the past seven months. We’ve taken it seriously,” Kirby said in response to a reporter’s related question.
“We are following Russia’s strategic position as best we can. If necessary, we will change our (position). We see no indication that this is required at the present time,” he added.
Earlier Wednesday, Putin warned those seeking to blackmail Russia with nuclear weapons that the wind rose could turn in their favor.
The President of the Russian Federation noted that “when the territorial integrity of our country is threatened, we will certainly use all the means at our disposal to protect Russia and our people. This is not a bluff.”
Stock indices of the largest states of the Asia-Pacific region on Wednesday showed a decrease following the similar dynamics of the US stock market a day earlier.
Traders’ attention is focused on the meetings of the Central Bank of several large countries at once, which will be held this week. The results of the meeting of the leadership of the US Federal Reserve System will be especially important.
Most experts believe that the US Central Bank will raise the base interest rate by 75 basis points (bp) following the meeting, which will end on September 21. However, some analysts consider a 100 bp increase possible at once. In addition, financial market participants will evaluate the forecasts of the Fed regarding the future level of the rate and the economy.
In addition, geopolitical tensions in the world and the expected slowdown in global economic growth have a negative impact on investor sentiment.
The Asian Development Bank (ADB) downgraded its economic growth forecast for emerging Asia for 2022-2023 on Wednesday. amid rising global risks. Now GDP is expected to increase by 4.3% this year compared to 5.2% expected in April, next year – by 4.9% against 5.3% earlier.
“Emerging Asia continues to recover, but the risks are high,” said ADB chief economist Albert Park. to financial instability.
He also noted that the Chinese economy is facing problems due to repeated lockdowns and a weak real estate sector. The estimate of China’s GDP growth for this year was downgraded by ADB analysts to 3.3% from 5% forecast in April.
China’s Shanghai Composite index closed down 0.2%, while Hong Kong’s Hang Seng lost 1.8%. Both indicators are at their four-month lows.
Shares of solar panel maker Xinyi Solar Holdings Ltd were among the top decliners on the Hong Kong Stock Exchange. (-8%), which produces semiconductors Sunny Optical Technology Group Co. (-10.5%), automakers Geely (-4.6%) and BYD (-2.2%), game developer Netease Inc. (SPB: NTES) (-3.6%), online retailers Alibaba (SPB: BABA) (-3.7%) and JD.com (-2.9%).
The value of the Japanese Nikkei 225 index for the day decreased by 1.4%.
Shares of polymer producer Unitika led the fall, losing 7.5%. The price of securities of the investment and technology SoftBank Group (-1.2%), the manufacturer of prefixes Nintendo (-1.2%), automotive Toyota Motor (-2.4%) and Nissan Motor (-3.1%) also decreased.
Shikoku Electric Power’s share price fell 5.2% after the power company announced it would not pay dividends for the first half of the year due to uncertainty about future fuel prices.
South Korea’s Kospi fell 0.9% on Wednesday.
Shares of one of the world’s largest manufacturers of chips and consumer electronics Samsung Electronics Co. fell by 0.9%, automaker Hyundai Motor – by 0.8%.
Auto parts makers Hwacheon Machinery Co. led the pack, up nearly 30% after falling by a similar amount in previous trading.
The Australian S&P/ASX 200 lost 1.6%.
The market value of the world’s largest mining companies BHP and Rio Tinto decreased by 3.1% and 3.7%, respectively. Iron ore prices fell to a nine-month low due to an expected contraction in steel demand.
Oil companies Woodside Energy and Santos lost 1.9% and 1%.
