The creation of an East European Energy Hub will allow Ukraine, Poland and Lithuania to become energy independent from the Russian Federation, Chairman of the Verkhovna Rada of Ukraine Andriy Parubiy said at a joint press conference with the speakers of Lithuania and Poland in Vilnius. “We have discussed joint actions in energy security –…
Consumer inflation in Ukraine in October accelerated to 9.5% in annual terms, according to the press service of the National Bank of Ukraine (NBU). “In October consumer inflation accelerated to 9.5% YoY (8.9% YoY in September). In the monthly measurement, prices rose by 1.7%,” reads the report. As expected, the fundamental inflationary pressure remained significant,…
Tajik airline Somon air will launch one more flight to the Zhukovsky airport in the Moscow region. From December the company’s planes will fly three times a week from the city of Kulyab to the Russian airport. “The airline’s planes fly from Dushanbe to Zhukovsky three times a week – on Wednesdays, Thursdays and Saturdays.…
In January-October the Freeport of Riga handled 29,917,600 tons of cargo, up by 6.5% YoY. Transshipment of coal grew by 14.6%, to 11,508,800, wood pellets – by 38.2%, to 740,600 tons, and ore – by 10.7%, to 464,200 tons, while oil products dropped by 28.1%, to 3.445 million tons. The port’s container throughput grew by…
Kazakhstan’s GDP grew by 4.1% YoY in January-October, Minister of National Economy Timur Suleimenov announced. “In January-October the economy of Kazakhstan maintained a positive growth trend. GDP growth in the period under consideration reached 4.1%. The major factors of economic growth were a high investment activity, slowdown in inflation, and a production increase in the…
Ukraine in October cut exports of organic apples for processing by 42% YoY, to 2,200 tons due to overproduction and critically low prices of this type of fruit, the Ukrainian Fruit and Vegetable Association’s press service reported. “In October only 2,200 tons of apples were exported from Ukraine, down by 42%. Thus, exports of apples…
Ukraine’s exports of walnuts grew by 18% YoY in September-October compared with the same period of the previous season, according to the analytical and information platform EastFruit. “Exports of walnuts from Ukraine in the first two months of the season grew by 18% compared with the same period of the previous season. Due to the…