A total of 2,059 newly unemployed persons registered with the Estonian Unemployment Insurance Fund (Tootukassa) last week. According to Deputy Secretary General on Labor and Employment Policy Sten Andreas Erlich, the labor market is deteriorating. 40,125 people were registered unemployed in Estonia as of March 29. The number of newly registered unemployed last week was…Details
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LLP SaryarkaAutoProm has launched production of UzAuto Motors vehicles under the Chevrolet brand, UzA reports. In recent years, thanks to the strong political will and regular dialogues of the Presidents of Uzbekistan and Kazakhstan, relations between the two countries have been strengthened and developed at a qualitatively new level. Establishment in Kazakhstan’s Kostanay city of…Details
The deficit of Ukraine’s foreign trade in goods and services in January and February amounted to $590 million, which was half the figure reported in the same period of 2019. As the National Bank of Ukraine (NBU) said on its website, the deficit of foreign trade in goods over this period decreased by 29%, to…Details
The State Food and Grain Corporation of Ukraine (SFGCU) is launching flour production at four of its own enterprises to cover demand on the domestic market during the quarantine period. “SFGCU is ready to work on ensuring the country’s food security during the quarantine period amid the fight against COVID-19. As early as this week,…Details
The Ministry of Economy spoke about economic consequences of coronavirus for Kyrgyzstan. There will be a reduction in external supply and demand, worsening of trade terms with the countries that are the main trading partners of the republic, and a reduction in domestic demand due to a slowdown in economic activity caused by a reduction…Details
The Ministry of Agriculture has officially confirmed its canceling of the ban on the exports of wheat flour, and imposition of restrictions on the exports of wheat, reported the press-service of the ministry. According to the announcement, in order to meet the country’s domestic needs for grains (including to keep the volumes of animal feed…Details
Many major banks in Estonia have not changed interest rates on home loans amid the coronavirus pandemic to date, though they are paying more attention to those customers who are seeking homeloans at a time when many planned purchases have been put on hold. One bank, Luminor, says it has cut its interest rates. “A…Details