One troy ounce=31.10 grams
The markets of China, Ukraine, Argentina, South Africa and Turkey are the most vulnerable among all developing countries in terms of financing needs, reserve adequacy, asset valuation, institutional quality and trade resilience, according to a review by the analysts of the Institute of International Finance (IIF). Experts in May reevaluated the potential changes in investors’ interest in the assets of these countries amidst the strengthening of the U.S. dollar exchange rate, the growth of interest rates and the intensification of trade disputes.
The IIF considers the assets of Russia, the Czech Republic, Colombia, Brazil and the Philippines less exposed to such risks.
Turkey, Argentina, the Republic of South Africa, Ukraine and India have the highest need for financing, the IIF analysts believe.
The most notable improvement compared to the previous year, including that in terms of reducing needs for funding and increasing the attractiveness of assets, was demonstrated by Indonesia. In addition, the situation has improved in Malaysia, Chile, Egypt, and Brazil.
India’s position has worsened significantly, which is largely due to an increase in the deficit of the current account of its balance of payments. A comparative increase of risks is also observed in Turkey, Poland, and Ukraine.
ARGENTINA, CHINA, INSTITUTE, INTERNATIONAL FINANCE, MARKETS, SOUTH AFRICA, TURKEY
The city authorities of Vinnytsia and Vinnytsia Regional State Administration have signed a memorandum of understanding with Head International GmbH, the world’s manufacturer of sports equipment, the UkraineInvest office said on Facebook. “Today one of the world’s leading sports equipment manufacturers, Head International GmbH, has signed a memorandum of understanding with the city of Vinnytsia and Vinnytsia Regional State Administration, according to which the company plans to expand its activities in Ukraine to produce winter sports equipment,” the report said. It is expected that the multimillion-dollar investment project will create a significant number of jobs within five years, make Vinnytsia known for the fans of skiing thanks to the worldwide recognized global brand Head, UkraineInvest said.
Head UK Ltd. is one of the world’s leading manufacturers and sellers of sports equipment and clothing. The company’s business includes five divisions: winter sports, racket games, diving, sportswear and licensing. The trademarks of the company are HEAD, Penn, Tyrolia, Mares, SSI, and rEvo. The main markets are Europe (mainly Austria, Italy, Germany, France, Switzerland, the Benelux countries, Spain, Great Britain, the Czech Republic, and Poland), North America, and Asia.
Ukraine since the beginning of the 2017/2018 marketing year (MY, July-June) has exported nearly 35 million tonnes of grains, which is 7.9% lower than in the same period of the 2016/2017 MY (38 million tonnes).
According to the department of biosecurity safety and seed raising control of the State Service of Ukraine for Food Safety and Consumers’ Rights Protection, the country exported, in particular, 15.4 million tonnes of wheat, almost 4 million tonnes of barley, and 15 million tonnes of corn.
The agency noted that the country in the same period of the previous MY exported 16 million tonnes of wheat, 5.1 million tonnes of barley, and 17 million tonnes of corn.
The service said that since the start of the 2017/2018 MY (September-August) the country has exported more than 4.6 million tonnes of oilseeds, in particular more than 2.1 million tonnes of rapeseeds, 2.5 million tones of soybeans. On the same date of the past MY, oilseeds exports amounted to almost 3.7 million tonnes, in particular rapeseeds exports exceeded one million tonnes, soybeans stood at 2.7 million tonnes.
Ukraine International Airlines (UIA) on May 4 expanded its fleet with second long haul widebody Boeing 777-200ER plane. The press service of the airline reported that it was officially registered in Ukraine under the UR-GOB registration number.
Boeing 777-200ER aircraft accommodates 361 passengers in three-class seating configuration, i.e. Business Class, Premium Economy Class, and Economy Class. UIA expects to operate the UR-GOB aircraft under a contract with AerCap which envisages the delivery of two more Boeing 777-200ER in 2018.
“The aircraft is equipped with Panasonic Corporation individual IFE system. Every seat is equipped with personal screen with a vast content menu, including feature movies, TV shows, a variety of Ukrainian movies, movies for children and cartoons. The content is available in several languages, Ukrainian, English, Chinese, Russian, French, Hindi and other languages,” the UIA said.
Moreover, passengers will be able to track the aircraft in real-time mode by using the interactive touch-sensitive 3D-map with 3D globe image, 100 city guides, including 20 cities of Ukraine, Kids map – Animals App, and other information.
USB-units and electrical power sockets are installed in all cabins with Wi-Fi connectivity available during the flight.
The aircraft is equipped with Bruce Aerospace Sky Interior modern lighting system which is customized so that the lighting regime changes according to natural environment.
Two more Boeing 777 aircraft are scheduled to arrive in Q2 – Q3 2018.
