The digitalization of the banking sector in Azerbaijan is inevitable, Ibrahim Alyshov, Chief Executive Officer of the Financial Markets Supervision Chamber, said on May 17. He noted that this goal was one of the priorities in the Strategic Roadmap for the Development of the Financial Market. “The digitalization of the country’s banking market is one…
DetailsRail service to and through Tartu remained heavily affected on May 17 following a signal box fire in Tartu that brought all rail service to a halt on May 16 afternoon. Many connections are being partially served by shuttle buses, and one morning train has already experienced a half-hour delay. Shuttle buses serving the Tabivere-Tartu…
DetailsBelarusian milk and juices sell well in the Chinese city of Wuhan, Hubei Province, Yilin Zhang, head of the international economic ties department at Wuhan-Hankou Logistics Company, declared. The executive said that the company started buying milk and juices from Belarus in 2016 and increased import in 2017. The Belarusian dairy company Savushkin Product is…
DetailsAtlantic Council analyst Anders Aslund has welcomed data on economic growth in Ukraine published by the State Statistics Service of Ukraine on May 15, according to the Ukrainian service of the Voice of America. “Ukraine: finally some good economic news. Gross domestic product rose a preliminary 3.1% YoY in Q1 after growing only 2.2% in…
DetailsThe Verkhovna Rada, Ukraine’s parliament, has adopted at the first reading a bill introducing amendments to some laws of Ukraine regarding the ban on the use of palm oil in food production. A total of 233 MPs voted for the approval of the respective draft law, No. 3871, at the first reading. “The purpose of…
DetailsCompared to the same period of last year, rail freight volume in Latvia dropped by 10.9% in the first four months of 2018 and was 15.673 million tons, according to data compiled by Transport Ministry. International freight volume was 15.26 million tons, down by 11.1%. The volume of domestic freight declined by 0.3% and was…
DetailsAktas ski resort project, initiated by Alina Group of Companies, was presented in Almaty. “The project foresees construction of 12 cable railroads, 31 km of ski trails, hotels to accommodate more than 700 guests at once, restaurants, cafes, etc. It is expected to welcome 724,000 people a year, or up to 12,000 guests a day.…
DetailsThe agricultural output in Belarus’ enterprises of all categories in current prices reached Br3.4 billion in January-April, up by 1.5% YoY in comparable prices, the National Statistics Committee reported. The agricultural enterprises manufactured Br3.3 billion worth of products, up by 2%. The enterprises of all categories produced 607,400 tons of livestock and poultry (live weight),…
DetailsGermany is interested in Ukraine retaining the position of a transit country of Russian gas to Europe, German Government Spokesman Steffen Seibert stated this at a briefing in Berlin. “It is important that Ukraine continues to play the role of a transit country,” he said. At the same time, Seibert notes that it is important…
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