Ukraine: Russian banks challenging asset freeze

Banks with Russian capital in Ukraine have filed cassation complaints against the Kyiv Court of Appeal ruling to freeze their assets. The Civil Cassation Court of the Supreme Court received respective complaints on September 14. As reported, businessman Ihor Kolomoisky achieved the freeze on the assets of three Russian state-owned banks in Ukraine in order…

Ukraine: Kiev region begins sugar beet harvesting

In parallel with late cereals and legumes harvesting Kiev region has begun sugar beet harvesting. As of September 13 in Kiev region agrarians started late cereals, legumes and technical crops harvesting, Kyiv Regional State Administration reported on its Facebook page. That 36.9 thousand tons of sugar beet have been harvested with the average yield of…

Azerbaijan: Ilham Aliyev allocates funding for construction of road in Oghuz

Azerbaijani President Ilham Aliyev has signed an order to provide funds for the construction of Bujag-Mukhas-Bash Dashagil road in Oghuz region.

Under the presidential order, the Azerbaijan Highway State Agency is allocated 9.4 million manats for the construction of the road connecting four residential areas with a total population of 4,000 people. (AzerNews/Business World Magazine)

Ukraine: inflation up in August 2018

Inflation in Ukraine in August in annual terms, compared to August 2017, was recorded at 9%, accelerating from 8.9% a month earlier. At the same time, prices did not increase against July after a negative trend at -0.7% July to June, the State Statistics Service reported. Compared to December 2017, prices increased by 3.6%. According…