Belarus’ fixed-capital investments and investments in construction dropped by 20.6% YoY in January-July to Br9.2 billion ($4.8 billion), the National Statistics Committee (Belstat) said in a report. As much as 3.1 billion rubles ($1.6 billion) was spent on buying machines, equipment, and vehicles, down by 24.9% YoY. Investments in construction and assembly operations totaled Br5…
Ukrainian budget revenues for January-July amounted to 322 billion UAH, up by 24% YoY. This was announced by the head of the State Fiscal Service of Ukraine Roman Nasirov. “According to the government plan for 2016, we have to collect taxes in the amount of 607 billion UAH to the general budget fund. We have…
Russian consumer prices remained flat from August 9 through August 15, after two weeks of a 0.1% contraction, while inflation since January 1, stood at 3.8%, the Federal State Statistics Service said. In August 2015, prices grew by 0.4% MoM and 9.8% since January 1, 2015. Prices for fruit and vegetables fell by 3.4% on…
Russia’s Ninth Arbitration Court of Appeal has rejected Google’s complaint against a lower court’s decision that supported the antimonopoly service in finding the U.S. giant guilty of abusing its dominance on the market of preinstalled application stores. “The (lower) court’s decision will stay unchanged, and the appeal will not be satisfied”, the decision read. The…
Ukraine is expected to lose about $1 billion from trade restrictions Moscow had to impose after Kiev had joined a free trade zone with the European Union, Ukraine’s deputy minister for economic development and trade Natalya Mikolskaya said. She said Ukrainian exports to Russia shrank by 36.2% YoY in the first six months of 2016,…
On August 16, the largest fixed Internet and telephony operator Ukrtelecom has announced the launch of technical modernisation in Zaporozhye. The company plans to install 390 new distribution cabinets in the city, replacing 92 obsolete automatic telephone exchanges of 1960-1990s. One of such automatic telephone exchanges located at Motostroiteley prospect was commissioned in 1868. In…
The number of registered unemployed people in Ukraine grew by 100,000 YoY and reached 1.8 million. Acting Chairman of the State Employment Service Valeriy Yaroshenko said this at a press conference on Tuesday. “In the first quarter of 2016, the number of unemployed totaled almost 1 million 800 thousand people. Compared to the previous year,…