Ukraine’s military expenditure grew by 21%, to $4.8 billion in 2018. Total world military expenditure rose to $1.8 trillion in 2018, representing an increase of 2.6% from 2017, according to new data from the Stockholm International Peace Research Institute (SIPRI). The five biggest spenders in 2018 were the United States, China, Saudi Arabia, India and…
Latvian airline airBaltic on April 27 in Riga welcomed its 17th Airbus A220-300 jet of 2019, registered as YL-AAQ. This was the third Airbus A220-300 received this year, and five more new aircraft will have joined the airline’s fleet by the end of the year. “Thus far, airBaltic has carried over 2,350,000 passengers on the…
Kazakhstan is looking to export electricity to EAEU countries, where it is also a member. The Eurasian Economic Union (EAEU) is an economic union, which includes Armenia, Kazakhstan, Russia, Belarus, and Kyrgyzstan. “In the last three years the total volume of exported electricity reached 13.789 billion kWh (4% of the volume produced). Within the framework…
The Boeing 747-8F aircraft of the Azerbaijani cargo airline Silk Way West Airlines became the first F-category large cargo airliner that landed at the recently opened New Istanbul Airport. Baku-Istanbul-Baku flight was served by the Turkish “Celebi” ground handling company, which had been providing aviation services at a high professional level for many years. Since…
Ukraine might create a new state agency with expanded powers to replace the state-run Ukroboronprom Concern, according to Deputy Secretary of the National Security and Defense Council of Ukraine, Serhiy Kryvonos. According to him, the adoption of the bill on reforming Ukroboronprom will help reduce corruption risks in the defense industry, Kryvonos said. The official…
The National Bank of Ukraine (NBU) purchased almost $900 million on the interbank foreign exchange market in January-April, the central bank’s press service reports. “The net purchase of foreign currency by the National Bank on the interbank foreign exchange market amounted to about $900 million in January-April. At the same time, the official hryvnia exchange…
The governments of Georgia and China have agreed to cooperate on international land transportation of passengers and cargo. The agreement was signed by the Georgian Minister of Infrastructure and Regional Development Maia Tskitishvili and the Minister of Transport of the People’s Republic of China Li Xiaopeng in Beijing. Minister Tskitishvili said the agreement was a…