Business news from Ukraine

Business news from Ukraine

UKRAINE WILL RECEIVE FIRST BATCH OF POLYETHYLENE GRANARIES FROM PARTNERS

Ukraine will soon receive the first batch of sleeves for temporary storage of agricultural crops – mobile granaries, the need for which arose due to a shortage of storage capacity caused by the temporary occupation of the Russian Federation of part of its territories and the destruction of some elevators.
With a corresponding request to provide Ukraine with mobile granaries, the Ministry of Agrarian Policy and Food turned to the governments of the United States, Canada, Great Britain and the EU. At the moment, the first batch of these sleeves is already sailing to Ukraine, according to the agency’s website on Monday.
The report states that these “sleeves” are long plastic bags that can be stored directly in the fields and which can hold up to 200,000 tons of grain.
The ministry indicated that in addition to this, another version of mobile granaries, which are common in Canada and the United States, is planned for delivery – the so-called temporary silos. These are large metal rings mounted on a regular platform. A special material is laid on their surface that does not allow moisture to pass through, and on top it is closed with a special awning that preserves the grain from environmental influences. One such silus holds about 5,000 grains.
The Ministry of Agrarian Policy specified that many Ukrainian farmers are already buying mobile granaries, primarily sleeves for grain storage.
According to the agency, by the beginning of a full-scale war, Ukrainian farmers had approximately 75 million tons of elevator capacities at their disposal. During the war, granaries with a total capacity of about 10 million tons ended up in the territories temporarily occupied by the Russian Federation, were damaged or destroyed as a result of hostilities.

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SWITZERLAND TO HOLD INTERNATIONAL CONFERENCE ON RESTORATION OF UKRAINE

Switzerland will hold an international conference on the restoration of Ukraine on July 4-5, the EFE news agency reported on Monday.
The conference, which will be held in Lugano, will be organized by the Swiss government together with Ukrainian representatives. It is expected that the discussion of the restoration of Ukraine will be held in four main directions: social, economic, environmental and infrastructural.
It is expected that the meeting will be attended by delegations from European countries, as well as from Canada and the USA. Representatives of international organizations, including the World Bank, are expected to attend the event.
In parallel with the conference, a cultural program is planned: concerts of classical and jazz music with musicians and artists from Ukraine.

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PRESIDENT OF UKRAINE PLANS TO EXPAND RELATIONS WITH AFRICA

President of Ukraine Volodymyr Zelensky has announced his intention to expand the country’s relations with the countries of the African Union.
“It was during my term that the first Strategy for the Development of Ukraine’s Relations with African States was approved. Dialogue with all countries of the continent will be intensified. The Special Representative of Ukraine for African Affairs will also start working in the near future,” Zelensky said, speaking via video link at a meeting of the Bureau of the Assembly of the African Union on Monday.
On his instructions, the first regional tour of the Minister of Foreign Affairs of Ukraine in the history of the Ukrainian state is being prepared for the states of Sub-Saharan Africa, the President said. According to Zelensky, he also initiates visits to African countries by representatives of the Verkhovna Rada.
“I invite you to visit our country now to renew our bilateral ties. And I propose to start preparing, with our common willingness, a large political and economic conference ‘Ukraine – Africa,” the president said.
He recalled that “many countries of the African Union know Ukraine well economically and in the field of education.” “Our ties are really very ancient. Our specialists built enterprises in your countries back in Soviet times. Your students studied at our universities and are studying now,” Zelensky said.
“Until February 24, more than 300 Ukrainian blue helmets performed tasks within six UN missions. And our national contingent, including the 18th Separate Helicopter Detachment, was an important part of the United Nations Stabilization Mission in the Democratic Republic of the Congo. And it is on this basis of the relationship that has existed for many, many years that we must build a new political history, ” he said.
“If it wasn’t for the Russian war, you would be in a completely different position now – completely safe. That is why, in order to avoid famine, the efforts of states like Russia to return to the aggressive policy of colonialism must end, ” Zelensky said.

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PRESIDENT OF UKRAINE MEETS WITH AMERICAN ACTOR BEN STILLER

President of Ukraine Volodymyr Zelensky has held a meeting with American actor and director Ben Stiller in Kyiv.
“Your trip to Irpin and Makariv, meetings with our people say a lot. We appreciate that in this difficult time for our country you are close,” Zelensky said, hosting Stiller at the President’s Office.
According to him, Ukrainians now feel the support of the whole world and many famous people. “And the visit of Ben Stiller once again confirms this,” the Telegram channel of the head of state says.
As reported, Ben Stiller is paying a visit to Ukraine as a UN goodwill ambassador. He visited Lviv, liberated from the occupiers of Makariv settlement of Buchansky district of Kyiv region and the capital of Ukraine.
On April 30, the American and UN Ambassador for Refugees actress Angelina Jolie visited Lviv.

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BITCOIN RISES ABOVE $20,000 AGAIN – EXPERTS COMMENTS

Bitcoin is trading near the psychologically important mark of $20,000 on Monday after the fall of the cryptocurrency rate on Saturday to the lowest level in 18 months.
According to CoinDesk, the price of bitcoin at 11:35 Moscow time is $20444. On Saturday, it fell to $17,630, but on Sunday it bounced back above $20,000.
Last week, during which the Federal Reserve System (Fed) raised the base rate by 75 basis points (bp) at once, turned out to be quite volatile for the cryptocurrency market, and experts believe that the current week will also be difficult, writes Market Watch.
“We may be out of the bottom of the market if bitcoin can quickly rise above $20,000 and hold there on Tuesday-Wednesday,” said Winnie Langham, chief executive officer of streaming platform Waitroom. become a tough resistance level.”
Bitcoin has fallen 57% since the beginning of the year, and its fall from the November peak of $69,000 is about 70%.
While some analysts see the beginning of a new “crypto winter” that will eventually end, others believe that the current downturn in the cryptocurrency market could mean the end of the industry as a whole.
The ethereum exchange rate, which also fell sharply on Saturday, rose in price by 15% over the past 24 hours, to $1113.28.
Two days earlier, market expert Igor Stakovichenko, responding to a request from Open4Business, said that in the current situation, the fall of the bitcoin market below 22,000 launched a new, even deeper “bearish phase” of the cycle, as it greatly shook the position of long-term holders of the asset. The long-term holders, who had held their positions during the last drops, could not stand it and started dumping the cue ball at the lowest prices.
“This shook the entire structure, and both technical and macroeconomic indicators today indicate a possible fall in the main cryptocurrency to 16,000 or even lower,” the expert said.
However, according to Stakovichenko, it is too early to bury bitcoin, as “whales” (investors owning more than 10,000 BTC) continue to accumulate this digital currency, which may indicate the possibility of growth in the medium and long term. In addition, the expert predicted possible stabilization and even some growth of the world’s main cryptocurrency.

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RELEVANT COMMITTEE OF PARLIAMENT SUPPORTS SIMPLIFICATION OF INVOLVEMENT OF FOREIGN MEDICAL SPECIALISTS IN REHABILITATION

The relevant committee of the Verkhovna Rada on the health of the nation has supported the draft law on attracting foreign medical rehabilitation specialists (No. 7422) to provide medical care.
According to the bill, for the period of martial law and for 6 months after its completion, the procedure for attracting foreign medical workers and rehabilitation specialists to provide medical care is simplified.
Currently, this procedure takes at least 6-9 months.
The bill provides for the involvement of specialists from different countries, except for citizens of Russia and Belarus.

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