The International Monetary Fund (IMF) says vulnerabilities of Belarus’ economy remain elevated. The IMF made a statement to this effect in the Staff Report prepared by a staff team of the IMF for the 2016 Article IV consultation. “The economy is expected to contract further this year and next, reflecting still-weak balance sheets and structural…
Four Ukrainian universities made it to the list of the latest World University Rankings, released annually by Times Higher Education. Taras Shevchenko National University of Kyiv, Lviv Polytechnic National University, National technical University of Ukraine – Kyiv Polytechnic Institute, and V. N. Karazin Kharkiv National University had a rating in the range of 801 and…
The development of direct contacts between businessmen, manufacturers and government agencies of the two countries will allow advancing Belarus-Latvia economic cooperation to a new level. Ambassador Extraordinary and Plenipotentiary of Latvia to Belarus Martins Virsis made the statement as he met with top officials of the Gomel branch of the Belarusian Chamber of Commerce and…
The Ukrainian Agribusiness Club (UCAB) and the Brazilian Rural Society (Sociedade Rural Brasileira, SRB) have signed a memorandum of cooperation during the VII International Conference ‘Large Farm Management’. “Ukraine and Brazil are very similar countries in terms of a starting point in agriculture development. Prior to becoming a strong agricultural country, Brazil had the same…
The Russian central bank is considering the possibility of launching the so-called regulatory sandboxes for participants of the financial market, when the regulator allows companies or banks to experiment with new technologies without being punished, Deputy Chairwoman Olga Skorobogatova said. “It’s the creation of a regime for banks or participants of the financial market, when…
Public payphones in Russia could notify people in remote areas in emergency situations, and the country needs them in this state, Sergei Kalugin, president of the state-controlled telecom operator Rostelecom, reported. “Probably, payphones are not the most advanced means of communications, but there are situations when it is the only means available, primarily, during critical…
Ukraine’s State Fish Agency expects that under a EUR 400 million agreement with the European Investment Bank (EIB) some EUR 130 million would be provided for projects in aquaculture and fishing industry. According to a press release of the agency, parliament has ratified the agreement between the EIB and Ukraine to raise EUR 400 million…