The mayors of Warsaw, Prague, Budapest and Bratislava are visiting Kiev, the Polish TV channel Polsat News has reported.
Details of the mayors’ visit to the Ukrainian capital are not yet known.
According to media reports, this is the first visit of Warsaw Mayor Rafal Trzaskowski to Kiev after the war started.
On February 15, 2022, Trzaskowski, accompanied by Prague mayor Zdenek Grzyb on behalf of the Pact of Free Cities went to meet with Kiev mayor Vitaliy Klitschko.
State-run Oschadbank (Kiev) has increased the volume of term deposits from the beginning of the full-scale war until the end of 2022 by 7.4% or 5.2 billion UAH – to 70.6 billion UAH in all currencies, the head of the bank Sergei Naumov said on Wednesday.
“As of the end of 2022 we have plus on humble deposits from the beginning of the big war 5.2 billion UAH to 70.6 billion UAH (in all currencies). This trend continues now: already this year we have added UAH 500 million (in equivalent) to this portfolio,” he wrote in his Telegram channel.
He pointed out that the hryvnia deposits from February 24 last year increased by 5.7 billion UAH.
Naumov expects that the deposit base of Ukrainian banks will continue to grow, as well as deposit rates.
Oschadbank was founded in 1991. Its sole owner is the state.
According to statistics from the National Bank of Ukraine (NBU), on November 1, 2022 on the size of total assets Oschadbank took 2nd place (270.806 billion UAH) among the 67 operating banks in the country.
Oil prices are declining on Wednesday morning after reports of a record two-year increase in US inventories of the fuel last week.
The cost of March futures for Brent crude oil on London’s ICE Futures exchange fell by $0.77 (0.96%) to $79.33 a barrel by 7:10 a.m. compared to the value at the close of trading the previous day. Those contracts rose 45 cents (0.6%) to $80.10 per barrel on Tuesday.
The price of WTI futures for February at electronic trades on the New York Mercantile Exchange (NYMEX) is $74.34 a barrel by that time, down $0.78 (1.04%) from the previous session. The contract rose by 49 cents (0.7 percent) to $75.12 a barrel at the end of last session.
Previous day’s report of American Petroleum Institute (API) showed that U.S. inventories climbed by 14.9 million barrels on January 6, following a decline over the past two weeks. The increase was the highest since February 2021.
Traders are now waiting for official data to be released by the Energy Department on Wednesday at 5:30 p.m. Analysts polled by Trading Economics predict that the Energy Department data will point to a 2.24 million-barrel decline in oil reserves. The survey was conducted before the API data was released.
The day before the oil market was supported by expectations of growth in demand for fuel in China as the last restrictions were canceled. At the same time, investors are concerned about the growing number of infections of coronavirus in the country.
“We are confident that oil prices will go back up after the peak of COVID-19 infection in China has passed and economic activity is accelerating,” said Carsten Fritsch, a commodity market analyst at Commerzbank.
The price of March futures on London’s ICE Futures exchange fell by $0.77 (0.96%) to $79.33 per barrel by 7:10 a.m. from the close of trading the day before. Those contracts rose 45 cents (0.6%) to $80.10 per barrel on Tuesday.
The price of WTI futures for February at electronic trades on the New York Mercantile Exchange (NYMEX) is $74.34 per barrel by that time, down $0.78 (1.04%) from the previous session. The contract rose by 49 cents (0.7 percent) to $75.12 a barrel at the end of last session.
Previous day’s report of American Petroleum Institute (API) showed that U.S. inventories climbed by 14.9 mln barrels on January 6 following a decline the previous two weeks. The increase was the highest since February 2021.
Traders are now waiting for official data to be released by the Energy Department on Wednesday at 5:30 p.m. Analysts polled by Trading Economics predict that the Energy Department data will point to a 2.24 million-barrel decline in oil reserves. The survey was conducted before the API data was released.
The day before the oil market was supported by expectations of growth in demand for fuel in China as the last restrictions were canceled. At the same time, investors are concerned about the growing number of infections of coronavirus in the country.
“We are confident that oil prices will go back up after the peak of COVID-19 disease in China and the acceleration of economic activity,” – said a commodity market analyst at Commerzbank Karsten Fritsch.
Number of refugees from Ukraine in selected countries as of 30.10.2022
Source: Open4Business.com.ua and experts.news.
Metinvest Mining and Metallurgical Group has handed over almost a million liters of fuel and 312 vehicles of various types to units of the AFU during Russia’s full-scale invasion of Ukraine.
According to a company press release, this way increases the mobility of defenders as part of Rinat Akhmetov’s Steel Front militarized initiative.
“The war of the XXI century is the confrontation of technology. Therefore, the advantage in the battlefield often depends on equipping the troops with the right equipment. In addition to weapons, vehicles are important. It is they that help fortify positions, provide the necessary units, move quickly and stay one step ahead of the enemies. To keep our defenders mobile, Metinvest Group sends fuel and vehicles to the front lines,” the press release states.
It is noted that in ten months of full-scale war Metinvest allocated over 2.8 billion UAH, so that Ukraine could withstand and win. More than half of this amount, 1.5 billion UAH, went to the army and the military.
Thus, at the beginning of the full-scale invasion the defenders received special-purpose vehicles from the company’s enterprises. These were trucks, bulldozers and excavators. They were used for construction of fortifications and construction of protective structures.
“Metinvest, within the framework of Rinat Akhmetov’s Steel Front militarized initiative, organized the delivery of vehicles from abroad. Primarily pickup trucks, all-wheel-drive jeeps and vans were purchased and sent to the front lines – they were needed at all front lines to deliver ammunition and personnel, evacuate the wounded, transport important cargoes, conduct redeployment and conduct raids behind enemy lines.
In addition, Metinvest provided military medics of the Main Directorate of Intelligence of the Ministry of Defense of Ukraine with ambulances. 20 specialized vehicles were purchased in Europe to save the lives of wounded fighters.
Metinvest Group also donates fuel for the needs of the Armed Forces and Territorial Defense Forces. The defenders were allocated almost a million liters of gasoline and diesel fuel to fuel their vehicles and military equipment. It especially supported the military in spring, when there was a shortage of fuel on the market. And the scarce product is also systematically sent to the communities of Avdeevka, so that critical infrastructure services take care of the citizens.
“Our defenders are pushing hard to cleanse Ukraine of its enemies. And we have made sure that the AFU has vehicles and full tanks of fuel. This war is built on mobility and the ability to stay ahead of the enemy. That’s why we also provide the military with technological drones and thermal imagers. And while the defenders defend our country’s independence on the front lines, Metinvest Group is their reliable support in bringing Ukraine’s victory closer,” said Metinvest CEO Yury Ryenkov, quoted by the press service.
“Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its enterprises are located in Ukraine – in Donetsk, Lugansk, Zaporozhye and Dnipropetrovsk regions and in European countries.
The major shareholders of the holding are SCM Group (71.24%) and Smart Holding (23.76%) that jointly manage it.
Metinvest Holding LLC is the management company of Metinvest group.
The Joint Coordination Center (JCC) reported that due to unfavorable weather conditions, vessels were unable to leave Ukrainian ports during Tuesday.
“On January 10, due to unfavorable weather conditions, not a single vessel left Ukrainian ports within the framework of the Black Sea grain initiative,” the report reads.
It is noted that “due to the strong wind and large waves, the team of joint inspection was not able to board the vessels to conduct inspections”.
On January 9, dry cargo vessels were also reportedly unable to leave Ukrainian ports due to bad weather.
Five dry-cargo carriers headed for Ukrainian ports, which passed through the maritime humanitarian corridor on Tuesday.
The SCC reported that “76 applications for participation in the initiative have been submitted.”
“As of January 10, the total tonnage of grain and other agricultural products exported from the three Ukrainian ports is 16,945,661 tons. A total of 1,264 dry cargo ships have been allowed to move so far: 631 to arrive at Ukrainian ports and 633 to leave them,” summarized the JCC.
