Business news from Ukraine

Parliamentary elections in Pakistan over

The results of last Thursday’s parliamentary elections in Pakistan have been summarized, with independent candidates, mostly affiliated with the party of former Prime Minister Imran Khan, who is serving a prison term, taking first place, Al Jazeera reports.

According to the Central Election Commission, out of 266 seats in the lower house of parliament (National Assembly) of Pakistan, 101 seats were won by independent candidates, 96 of them supported by the right-wing centrist party, the Justice Movement, founded by former Prime Minister Khan. However, after a court found Khan guilty on a number of charges, the Supreme Court and the CEC ruled that Khan’s supporters could only run as independent candidates and were prohibited from using party symbols.

The second place went to the party of former Prime Minister Nawaz Sharif, the Pakistan Muslim League, with 75 seats. The third place went to Bilawal Bhutto Zardari’s center-left Pakistan People’s Party with 54 seats.

It took more than 60 hours to count the votes. None of the parties achieved the required majority of 169 seats to form a government on their own.

On Friday, Sharif said that despite his failure in the parliamentary elections, he would try to form a coalition government. He had previously rejected the possibility of a coalition with other parties.

For 2024 – 2029, 336 seats are available in the National Assembly of Pakistan. In the 2024 elections, the number of seats was 266. Another 70 seats in the lower house of parliament are reserved for women and minority representatives. These seats are distributed among all parties.

The elections were held against the backdrop of a difficult economic situation in the country, as well as tensions in the border regions.

Earlier, the Experts Club information and analytical project included the 2024 elections in Pakistan in the list of the TOP-10 most important elections of 2024 for the whole world, see the video for more details at


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Poland holds parliamentary elections today

On Sunday, October 15, Poland holds elections to the Sejm, Senate, as well as a national referendum, voting began at 7.00 and will last until 21.00, reports Polskie Radio.

It is noted that citizens have been created conditions for voting in Poland, abroad and even on ships. According to the chairman of the National Election Commission Sylwester Marciniak, more than 31 thousand electoral districts have been created.

“There are 29 thousand 292 stationary constituencies, 1,701 separate constituencies, and in addition, 417 constituencies abroad have been created, however, one was eliminated in Israel, and 8 constituencies for voting on ships have been created,” Marciniak emphasized

According to Polskie Radio, 29 million Polish citizens have the right to vote in elections and referendums. More than 391 thousand voting certificates have been issued, which allow voting not at the place of residence.

It is noted that Poles will elect 460 deputies and 100 senators. And the referendum should answer four questions: whether they support the removal of the fence on the border with Belarus, support for the privatization of state-owned enterprises, raising the retirement age to 60 years for women and 65 years for men, as well as whether they agree to accept thousands of illegal migrants from the Middle East and Africa, in accordance with the mechanism of forced relocation, which operates in the EU.

As DW reports, according to the latest opinion polls, the ruling national-conservative Law and Justice (PiS) party of Deputy Prime Minister Jaroslaw Kaczynski with 34% of the vote is only slightly ahead of the opposition liberal-conservative Civic Platform (CP) party of former Polish Prime Minister and former President of the European Council Donald Tusk, for which 32% of voters are ready to vote.

It is emphasized that in case of victory each of the contenders will have to look for partners to create a government coalition.


Brazil holds presidential and parliamentary elections today

Citizens of Brazil on Sunday will vote in a general election, which will determine the new president and vice president of the country, the composition of the National Congress (parliament), governors, lieutenant governors and deputies of state legislatures.

The main attention is riveted to the election of the head of state. Seven candidates are vying for the post, but two have the most support among the Brazilian population: incumbent President Jair Bolsonaro and former President Luiz Inacio Lula da Silva. Bolsonaro is a right-wing politician, while Lula da Silva represents the left.

According to the latest Datafolha poll before the vote, Lula da Silva could get 50% of the vote in the first round, and Bolsonaro – 36%. The remaining votes were distributed among five more candidates. Observers note that it cannot be ruled out that Lula da Silva, despite a large lead over Bolsonaro, will not be able to achieve election in the first round.

To win in the first round, a candidate needs to get more than 50% of the votes. If this fails, then a second round is held between the two strongest candidates.

Lula da Silva is 76 years old, he was previously going to take part in the 2018 elections, but he could not do it, as he was convicted and ended up in prison. Despite this, the Brazilians continued to have sympathy for him, and, judging by the polls, even behind bars, Lula da Silva remained the most popular politician in the country.

As a result, the Brazilian Workers’ Party nominated Fernando Addada as a presidential candidate in his place. This politician lost to the current President Bolsonaro.

Lula da Silva ruled Brazil from 2003 to 2010, and in 2017 he was sentenced to nine and a half years in prison for money laundering and corruption. Later, the term was increased to 12 years. He himself never admitted his guilt, his lawyers eventually managed to appeal the verdict. In 2021, the country’s Supreme Court annulled his anti-corruption conviction. Now he can run for reelection again.

Brazilians remember his period in office due to his socially oriented economic policy, and the current election program is also built with a leftist bias: he focuses on the poorest segments of the Brazilian population, promises to expand social programs and increase funding for infrastructure projects, intends to fight for the conservation of forests in the Amazon in in contrast to Bolsonaro, who was criticized for heavy deforestation during his term.

Bolsonaro, 67, is a former military and congressman who was known in Brazil for his controversial remarks about ethnic and sexual minorities and women, as well as for his far-right conservative views, even before he assumed the presidency, and has repeatedly expressed nostalgia for military dictatorship in Brazil.

Bolsonaro has been criticized by many Brazilians for what they see as downplaying the severity of the COVID-19 pandemic. Polls showed that the citizens of the country believe that there is corruption in the government under Bolsonaro and that he is incapable of governing the country. Polls conducted throughout August and September indicated that Bolsonaro’s approval rate had fallen to record lows, with between half and two-thirds of respondents disapproving of his work at various times.

During the election campaign, Bolsonaro continued to voice conservative views, promising to defend the traditional values ​​of Christians, criticize the country’s electronic voting system and even members of the election commission that they are “working against him.” Brazilians will remember his campaign for scandals: Bolsonaro made harsh, radical statements, which were then actively distributed on social networks, once he got into a fight with a blogger who criticized him at a public event.

In addition, Brazilians on Sunday will elect 27 out of 81 senators, 513 members of the Chamber of Deputies, 27 governors and members of state legislatures.

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Almost half (46%) of Ukraine’s population see the need for an early presidential election and just over half (54%), for early parliamentary elections this year, according to the findings of a poll conducted by the Ukrainian Institute of the Future (UIF) on January 27-February 5. Corruption was the most cited reason (49%) for such negative attitudes, and unprofessionalism was cited by 27% of respondents, according to the findings unveiled at an Interfax-Ukraine press conference on Thursday.
Respondents in the west tend to see corruption as the main obstacle to development; in the east, unprofessionalism and outside control are seen as the biggest problem. Asked where their country is heading to, 74% said “in the wrong direction” and only 14% said the opposite.
A survey of confidence in statesmen and politicians showed 48% distrusting current President Volodymyr Zelensky.
If a presidential election were to be held this Sunday, he would be favored by 18.4% of respondents. That is a drop from 29.2% in June 2020.
On the other hand, his possible rivals Petro Poroshenko and Yuriy Boiko would fare worse, with 11.4% and 9.5%, respectively.
President Zelensky’s disapproval rating also dropped since June 2020. When asked “Which candidate would you not vote for under any circumstances?” 17.8% said the incumbent; the figures for Poroshenko, Viktor Medvedchuk, Boiko and Yulia Tymoshenko were 24.8%, 10.3%, 9% and 6.5%, respectively.
At the same time, Zelensky remains the most trusted politician, with 12% trusting him fully.
Were a parliamentary election held this Sunday, 15.8% of all respondents would vote for the Opposition Platform – For Life, 13.1% for Servant of the People (a significant drop from 27.1% since last June), 11.8% for European Solidarity, and 8.6% for Batkyvschyna.
At the same time, a survey of disapproval ratings of the parliamentary parties found that under no circumstances would 22% vote for European Solidarity, 17.8% for Opposition Platform – For Life, and 15.6% for Servant of the People.
Data suggest that confidence in local authorities was higher overall than in the central government. A quarter (26%) of respondents said their local authorities represented the interests of the population; 35%, the interests of local elites, and 27%, the interests of big business. The highest level of confidence was in mayors, at 48%.
The most trusted institution is the army (53%), followed by mass media (34%) and national police (31%). The least trusted were anti-corruption agencies: National Anti-Corruption Bureau of Ukraine (NABU) and Specialized Anti-Corruption Prosecutor (SAPO), 10% each, and the Supreme Anti-Corruption Court (8%).
When asked “What could raise the efficiency of authority?” 39% were inclined for its full reset with young and competent people with no experience in politics but in other areas. A third (34%) wants to see a strong leader, 19% want the current central government to be reinforced with new professionals and 17%, with experienced professionals who were in government before.
The face-to-face survey of sociopolitical sentiments was conducted among 2,400 respondents aged 18 and older by the UIF in conjunction with New Image Marketing Group in every region (except the temporarily uncontrolled territories).

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International markets positively responded to the results of early elections to the Verkhovna Rada of Ukraine: eurobonds grew by 1 percentage point (p.p.), warrants by 2 p.p., up to 77.5% of the nominal value, Serhiy Fursa, a specialist for the sale of debt securities from Dragon Capital investment company, has told Interfax-Ukraine.
“International markets are responding positively, the price of all eurobonds is rising. GDP warrants, which rose by 3.3% to a historical maximum, showed the largest growth. It seems that the expectations of economic growth and hryvnia expectations among foreigners have increased,” Oleksandr Paraschiy, the head of the analytical department at Concorde Capital investment company, said.
According to him, Western investors like the idea of consolidating power in the same hands: at least, this means an end to political instability, and also gives a chance for quick pro-Western reforms. The analyst added that foreigners are not very afraid of the risk of usurpation of power: the situation when one political force forms a government looks familiar and acceptable for Western countries.

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Parliamentary elections in Ukraine will not affect the hryvnia exchange rate, Governor of the National Bank of Ukraine Yakiv Smolii has said. “Double elections did indeed carry some risk expectations in the financial markets, but this absolutely did not affect the exchange rate in any way. It was formed by demand and supply and continues to do so now. The strengthening of the hryvnia was caused primarily by the factors of favorable conditions for our exports, as well as the inflow [of funds] of foreign investors in domestic government securities, which led to an increase in currency supply in the market and, consequently, to the strengthening of the hryvnia,” Smolii said at a press briefing.

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