The American postal service UPS has suspended its work in Ukraine.
As reported on its website, the decision was made “because of the situation in Ukraine.” Operations have also been halted in Belarus and Russia.
UPS provides mail service in 220 countries around the world.
American-based Coca-Cola Co., the world’s largest soft drink producer, along with the Coca-Cola Foundation and its global bottling partners, will provide around $15 million in aid to Ukraine, which has been militarily invaded by Russia’s aggressor nation.
Efforts to provide humanitarian assistance in the region will include donations of funds and products manufactured by the corporation, according to the company’s report for the first quarter of 2022.
“This funding will support further relief efforts by the Red Cross and other organizations operating in Ukraine and neighboring countries, helping millions of displaced people,” Coca-Cola said in a report.
In addition, the corporation provides urgent financial assistance to all its employees in Ukraine.
According to the report, on March 8, 2022, Coca-Cola announced the suspension of its activities in the Russian Federation in response to its armed aggression in Ukraine. This measure will tentatively reduce the corporation’s net revenue and operating profit for the year by 1-2%, and also reduce earnings per share by about $0.04/share.
The company’s net profit in January-March decreased by 23.5% compared to the same period last year, to $2.25 billion.
Coca-Cola’s quarterly revenue increased by 5%, to $9.02 billion from $8.6 billion a year earlier.
Sales of carbonated drinks increased by 4%, driven mainly by China, India and Latin America. Sales of juices, milk drinks and plant-based drinks increased by 3%. Sales of water, sports drinks, coffee and tea fell by 11%.
As reported, Coca-Cola on March 8 announced the suspension of business in Russia in connection with Russian aggression against Ukraine, while in Russia it owns 10 factories for the production of soft drinks and juices.
On February 24, the corporation announced a temporary shutdown of the plant in Kyiv and the evacuation of employees.
The Ministry of Social Policy says that since the introduction of martial law, more than two million people have registered as internally displaced persons.
“I know that now, when talking about internally displaced persons, they often talk about people who have moved after martial law. But the war has been going on for eight years, and the number of those who have been forced to leave their homes since 2014 and seek asylum in other regions of the country is higher. To date, the Unified Information Database on Internally Displaced Persons has information on 3.4 million people,” the ministry’s press service quotes the Minister of Social Policy.
It is noted that more than two million of them are people who were forced to move after the introduction of martial law.
According to the report, most people after the large-scale military invasion of Russia moved to Lviv, Dnipropetrovsk, Poltava, Vinnytsia and Kyiv regions.
Most internally displaced persons are registered in Donetsk, Luhansk, Kharkiv, Dnipropetrovsk and Kyiv regions.
The Ministry of Social Policy also reports that more than 225,000 people have registered as internally displaced persons through Diia.
The German company Rheinmetall applied to the German Federal Government with another application for the export of 88 tanks Type 1A5 Leopard to Ukraine, the Welt newspaper reported, citing documents provided by the manufacturer.
According to the edition, the application was submitted at the end of last week. Delivery could take place in a few weeks if German Chancellor Olaf Scholz decides.
In addition, earlier bids from Rheinmetall for 100 Marder armored personnel carriers and from Krauss-Maffei Wegmann Group for 100 PzH 2000 self-propelled howitzers were sent for approval.
It is noted that the decision on deliveries is approved by the Federal Security Council, which is headed by the chancellor. So far, Scholz has not agreed to direct deliveries of heavy weapons to Ukraine.
The cost of used Leopard 1A5 tanks, which can be delivered to Ukraine, is about EUR 115 million. Together with Marder BMPs and self-propelled howitzers, the amount of heavy weaponry aid to Ukraine could amount to more than EUR 2 billion.
All tariffs on goods coming to Britain from Ukraine under an existing free trade deal will be axed to help the Ukrainian economy, the British government announced on Monday.
London said tariffs would be reduced to zero and all quotas removed following a direct request from Ukraine’s President Volodymyr Zelenskiy, saying the move would provide a boost for Ukrainian businesses involved in key exports such as barley, honey, tinned tomatoes and poultry.
“We stand unwaveringly with Ukraine in this ongoing fight and will work to ensure Ukraine survives and thrives as a free and sovereign nation,” said British International Trade Secretary Anne-Marie Trevelyan.
Britain said currently the average tariff on Ukrainian imports was about 22%. It said the planned change had been offered on a non-reciprocal basis, but Kyiv was likely to match the British action
President of Ukraine Volodymyr Zelensky said that in a telephone conversation with Turkish President Recep Tayyip Erdogan, he discussed in detail the threat to the global food market due to the actions of the Russian Federation, which blocked the Ukrainian Black Sea ports.
“Had an important conversation with Turkish President Erdogan. About the situation in Mariupol and the need to evacuate civilians and the wounded, about the need for an immediate exchange of blocked Ukrainian military. We discussed the negotiation process with Russia, defense issues. We touched in detail on the threat to the world food market, provoked by Russia, which blocked our Black Sea ports,” Zelensky said in a video message on Monday morning.
He stressed that the rise in food prices has already reached a critical level in many countries, and this is just the beginning.
“If Russia does not seek peace, the issue of food security in many countries will turn into a matter of the physical survival of millions of people, and hence the stability of state systems. An increasing number of political leaders in the world are aware of this threat. Therefore, we expect more pressure on Russia,” he said. head of state.
