G7 countries have the potential to reach net zero in the power generation sector by 2035 and spur decarbonisation in other economies and sectors.
The Russian and Ukrainian pavilions at the Dubai Expo 2020 opened on October 1 to showcase the two countries to the rest of the world.
Growth is predicted to fall to 3.7% in 2022 and 3.5% in 2023 because of base effects, monetary tightening and more significant external headwinds.
Ukraine will be able to fully supply itself with gas and abandon gas imports entirely within five years, Yuriy Vitrenko, chairman of the Ukraine’s national gas company Naftogaz said during a conference in Kyiv.
Ukraine’s real GDP increased 2.9% y/y in 8M21, accelerating from a 2.1% y/y growth in 7M21.
Vaccine scepticism means just under a third of the Russian population is vaccinated and the government admitted last week that it had “lost the information campaign” to persuade its people to take the pandemic seriously.
The energy transition provides a great opportunity for the metals industry. Investment in clean energy technologies will boost metals demand. However, while the sector will play a crucial role, it will need to address its own emissions.
Naftogaz says Nord Stream 2 cannot be certified because it does not fully comply with European legislation.
The government in Kyiv has convinced the International Monetary Fund (IMF) that is it serious about reforms and persuaded the fund to unfreeze its $5bn Stand By Agreement (SBA), the fund said on October 18.
GitLab (‘GTLB’), a San Francisco-based open-source software startup founded by Ukrainian entrepreneur Dmitry Zaporozhets and Dutch-born Sid Sijbrandij, made its debut on the Nasdaq at a valuation of $11bn on October 14.
The International Monetary Fund (IMF) downgraded Ukraine’s economic forecast for 2021 to 3.5% GDP growth from 4% in its April prognosis, according to the IMF’s World Economic Outlook (WEO) released on October 12.
Governments need to smash the stubborn dominance of fossil fuels if the world is to reach net zero by 2050, despite the rapid development of green technologies, the IEA warns.
Annual inflation in Ukraine accelerated to 11.0% year on year in September from 10.2% for the previous month, driven mostly by food and clothing prices.
Thirty-eight Ukrainian politicians are named in the Pandora Papers, including President Zelenskiy himself. In fact, Ukraine had more politicians pop up in the leak than any other country in the world.
Ahead of the EU-Western Balkans summit on October 6, a leaked EU document revealed that several EU member states are seeking to restrict visa-free travel for some nationals from the region as well as other East European countries.
A new leak of millions of documents dubbed the Pandora Papers has revealed more details of the use of offshore companies by the elite of New Europe, detailing their ownership of hundreds of millions of dollars of assets.
National gas company Naftogaz and the pipeline operator Gas Transmission System Operator of Ukraine claimed on October 1 that last week’s deal by Russia’s Gazprom to supply Hungary is use of gas as a "weapon" and have called for sanctions.
SEB’s latest Green Bonds Report has placed a price of $4 trillion per year on the energy transition if the world is to reach net zero by 2050.
Real wages in Ukraine rose 10.9% year on year in August, accelerating from 10.2% y/y growth in July, the State Statistics Service reported on September 28. The average monthly nominal wage amounted to UAH13,997 ($523).
Ukraine’s Cabinet of Ministers of Ukraine has appointed new members to the executive board of Naftogaz of Ukraine after sacking the old members last week, Naftogaz said in a press release on September 28.