Ukrainian tennis player Elina Svitolina has lost to American Serena Williams in the U.S. Open semi-final and left the competition, the organization said on its Twitter account.
American tennis player Williams beat Svitolina in two sets with a score of 6:3, 6:1. The meeting lasted 1 hour 10 minutes. Williams won the 101st match at the U.S. Open and repeated the record of her compatriot Chris Evert.
Williams will play with Canadian Bianca Andreescu in the U.S. Open final.
Official rates of banking metals from national bank as of September 06
One troy ounce=31.10 grams
National bank of Ukraine’s official rates as of 06/09/19
Source: National Bank of Ukraine
The World Bank invites the Ukrainian government to consider the creation of the Partial Credit Guarantee Agency as a special financial tool that will allow small and medium-sized agricultural producers to receive financing for the acquisition of land after the launch of the market. “Partial guarantee for loan contributions is the best option for Ukraine,” Lead Financial Sector Specialist for the Finance and Markets Global Practice in Belarus, Moldova and Ukraine Vahe Vardanyan said at a press conference on Thursday.
According to him, at least half of the countries have introduced government partial guarantees as a way to facilitate access to loans. There is also the practice of creating specialized partial guarantees designed specifically for agriculture, for example, in Mexico and Colombia, he said.
In order to receive partial guarantees, the farmer applies for a loan to a bank, which analyzes the application and determines the need for partial guarantee, then the bank contacts the Credit Guarantee Agency. The latter checks the compliance criteria and carries out risk analysis, approves and provides a partial credit guarantee, receives a fee from the bank for issuing the guarantee. Further, the bank provides a loan secured by partial guarantees.
In addition, the World Bank said that the Credit Guarantee Agency (company/fund) is usually a non-banking financial institution, it has its own: management, governance, capital, operating procedures. The legal structure of the agency allows for a mixed type of ownership at a certain stage, the government is not always a full owner. The National Commission for Financial Service Markets Regulation exercises supervision as over a non-banking financial institution.
All over the world, guarantee agencies are state-owned, co-financing, public private partnership is possible, but this is about joining after the first year of the institutions’ work, World Bank Country Director for Belarus, Ukraine and Moldova Satu Kahkonen said.
CREDIT GUARANTEE AGENCY, FARMERS, FINANCE PURCHASE, LAND, WORLD BANK
Ukraine in January-August 2019 increased transit of natural gas through its gas transportation system (GTS) by 2.3% compared to the same period in 2018, to 59.553 billion cubic meters, according to recent data of JSC Ukrtransgaz.
According to the calculations of the Interfax-Ukraine agency, gas transit through the country to Europe for the eight months amounted to 57.705 billion cubic meters (2.4% more compared to January-August 2018), to Moldova some 1.848 billion cubic meters (0.4% less).
In August 2019, gas transit decreased by 12.5% compared to the same month of 2018, to 6.362 billion cubic meters. In particular, gas transit through Ukraine to Europe amounted to 6.194 billion cubic meters (12.9% less), to Moldova some 168.8 million cubic meters (up by 4%).
Ukrainian President Volodymyr Zelensky has proposed to punish for amber smuggling with imprisonment from three to seven years and introduce an article on illegal extraction of amber to the Criminal Code of Ukraine.
This is outlined in bill No. 2059 amending the Criminal Code of Ukraine on criminal liability for the illegal extraction of amber or its movement across the customs border of Ukraine registered by the head of state in parliament.
So, it is proposed to introduce Article 240-1 (illegal extraction of amber). This crime is punishable by a fine of 700 to 3,000 tax-free minimum incomes of citizens (1 minimum is UAH 17), or imprisonment for a term from one to three years.
“The sale, acquisition, storage, transfer, transportation, processing of illegally obtained amber shall be punishable by a fine of 3,000 to 10,000 tax-free minimum incomes of citizens, or by imprisonment for a term from three to six years,” the president said in the bill.
The same actions committed with prior conspiracy by a group of persons, either repeatedly or on a large scale, as well as illegal amber extraction committed on the territories or objects of the nature reserve fund, shall be punishable by imprisonment for a term from four to seven years.
