Ukraine’s economic downturn has slowed sharply

News

Ukraine’s economic downturn has slowed sharply

14.06.2021 News

The downturn in Ukraine’s economy in the first four months of 2021 slowed to 0.2%, according to a preliminary estimate by the Ministry of Economy.

“The Ministry of Economy estimates a slight reduction in GDP at 0.2% (down 2% in the first quarter of 2021 by 4.9% over the four months of 2020),” the statement said.

Thus, the consolidated production index for the first time since December 2019 showed an increase of 0.7% compared to a decrease of 3% in the first quarter of 2021 and 5.9% for the four months of 2020.

The ministry attributes this to growth in a number of industries.

Other articles

  • The Cabinet of Ministers denied the statement about toll roads
    News

    The Cabinet of Ministers denied the statement about toll roads

    Infrastructure Minister Oleksandr Kubrak denied his deputy Anna Yurchenko’s statement about toll roads in Ukraine. The day before, she said that six such roads are planned to be built in Ukraine and called the estimated cost of travel on them. “I will explain why this information is not true, and what is really happening,” Kubrak […]

  • McLaren has introduced a new convertible
    News

    McLaren has introduced a new convertible

    The car manufacturer McLaren has introduced a new sports convertible McLaren 765LT Spider. The sports car is equipped with a 4-liter twin V-8 turbo engine with 755 horsepower and 590 Nm of torque. The car accelerates to 96 km / h in 2.7 seconds. The maximum speed reaches 280 km / h. It is reported […]

  • Apple, Microsoft and Alphabet’s profits rose to record highs
    News

    Apple, Microsoft and Alphabet’s profits rose to record highs

    The profits of the American technology companies Apple, Microsoft and Alphabet increased significantly in the second quarter of 2021. This was reported by the BBC. It is noted that Apple’s profits have increased to 21.7 billion US dollars over the past three months amid an increase in purchases of 5G iPhone. Microsoft generated $ 16.5 […]

  • BMW is forced to shut down factories due to a shortage of microchips
    News

    BMW is forced to shut down factories due to a shortage of microchips

    Another plant of the German carmaker BMW has been suspended. Next week, the company’s plant in Regensburg will be temporarily closed due to a shortage of semiconductor microchips, a BMW representative told the industry publication Automobilwoche. The plant will be shut down completely throughout the week. After that, a summer break will begin at the […]

  • The ranking of the best airlines in the world in a pandemic has been announced
    News

    The ranking of the best airlines in the world in a pandemic has been announced

    AirlineRatings.com named Qatar Airways the airline of the year. As reported on Tuesday, July 27, the rating of Top Airlines in the World takes into account flight safety, on-board service, passenger comfort and flight routes, as well as the response of airlines to the COVID-19 coronavirus pandemic. Qatar Airways was recognized as the best airline […]

  • Ukraine has seized international VPN servers
    News

    Ukraine has seized international VPN servers

    The Windscribe privacy tool, based in Canada, failed to encrypt corporate VPN servers recently confiscated by the Ukrainian authorities. The company provides services through the OpenVPN program. The Android app has over 5 million installs, indicating that the user base is probably much larger. “On June 24, 2021, our monitoring systems informed us that two […]

  • The rate of bitcoin has approached 40 thousand dollars
    News

    The rate of bitcoin has approached 40 thousand dollars

    During the trading session on Monday, July 26, bitcoin accelerated growth and traded at $ 39,177 thousand (+ 10.58%). This is evidenced by data from the portal Coindesk. After that, the cryptocurrency rate slowed down and was at $ 38,939 thousand (+ 9.91%), after which it began to move further. Last night the rate of […]

  • Uber buys Transplace, a logistics technology company, for $ 2.25 billion
    News

    Uber buys Transplace, a logistics technology company, for $ 2.25 billion

    Uber has announced an agreement with TPG Capital to acquire Transplace, which provides the widest portfolio of technology services and solutions in the logistics and transportation industry. The estimated amount of the deal is a considerable $ 2.25 billion, but about $ 750 million Uber will pay in the form of its own shares, and […]

Read also

Ukraine’s economic downturn has slowed sharply
News

Shares Virgin Galactic of Richard Branson dropped by 13% through an additional emission

Shares of aerospace company Virgin Galactic fell by 13.78% to $ 20.71, according to trading data on the New York Stock Exchange. Securities of Richard Branson’s company are getting cheaper due to the background of the announcement of an additional issue emission. Virgin Galactic announced its intention to issue approximately 20.5 million new shares to […]

Next
Ukraine’s economic downturn has slowed sharply
News

Four HarvEast farms got the status of breeding farms

The Ministry of Agrarian Policy and Food of Ukraine has assigned four HarvEast dairy farms a status of the breeding farm. This entitles the company to engage in breeding purebred cows of the Holstein breed to ensure their own needs and the sale of breeding animals. This was said in a statement of the company. […]

Next
Ukraine’s economic downturn has slowed sharply
News

The History of Coca-Cola brings the absolute value of its shares for long-term investors

The price of shares of Coca-Cola today is 13.6% lower than at the beginning of 2020, and the profit with revenues of the second quarter fell by a third due to lower sales in restaurants and entertainments in the conditions of a pandemic. At the same time, shares of Coca-Cola are considered to be a […]

Next
Ukraine’s economic downturn has slowed sharply
News

German Lufthansa has accepted a new restructuring package

German airline Deutsche Lufthansa AG on Monday took the third package of measures restructuring of business because of poor dynamic aviation market recovery, according to a press release. “Forecasts for international flights have deteriorated significantly in recent weeks. With the end of the summer holiday season, the number of passengers and bookings is declining again […]

Next
Ukraine’s economic downturn has slowed sharply
News

Apple Smart Glasses May Appear in the Next 3 Years

Back in 2016, Apple CEO Tim Cook called augmented reality (AR) a “new big market” comparing its size to the smartphone market. According to most analysts, Apple smart glasses will be a new wearable device sold as an additional gadget to the iPhone. Apple itself does not give any details or disclose plans about its […]

Next
Ukraine’s economic downturn has slowed sharply
News

The decline of Ukraine’s economy accelerated in February

In the first two months of 2021, GDP fell by 2.8%, while in January the decline was estimated at 2.6%. This is stated in the review of the Ministry of Economy Thus, the reduction of the Consolidated Index of Production of Goods and Services by Main Economic Activities amounted to 4.2% (4% in January). Almost […]

Next
Ukraine’s economic downturn has slowed sharply
News

Business results of the week from the LDaily

Re-arrest of Gulliver, the appointment to the post of Privatbank a foreign financier and the return of the tax police: events that you need to know. LDaily: only what is really worth your attention.  Gulliver: “… there is no base for court decision on the arrest of the property “ Ukrainian media notified again about […]

Next
Ukraine’s economic downturn has slowed sharply
News

TikTok confirmed the lawsuit against Trump

Chinese social network TikTok trying through the courts to appeal the decree of US President Donald Trump, which provides for a ban on its activities in the country, if it is not sold to an American company. This was reported by Interfax-Ukraine on Tuesday, August 25, with reference to the Chinese media. “It is not […]

Next
Ukraine’s economic downturn has slowed sharply
News

German-Ukrainian Fund will launch a new program to support the business

German-Ukrainian Fund signed a memorandum of cooperation with the Ukrainian lender Oschadbank. On the eve of this information was posted on the NBU website, which also contains excerpts from the press release of the fund. According to the original source, the collaboration of investors will focus on the maintenance of small and medium-sized businesses. The […]

Next
Ukraine’s economic downturn has slowed sharply
News

Investment in industrial solar power plants fell significantly in 2020

Company representatives, who engaged in the design, construction and equipment for solar power plants, note a significant decline in demand for their services. This is due to instability of the industry and growing debts for “green” electricity. “We are talking about 1260 MW of RES generation that has been launched in the first three quarters […]

Next
Ukraine’s economic downturn has slowed sharply
News

Telegram has placed $ 1 billion worth of bonds

Telegram Group of businessperson Pavel Durov placed five-year convertible dollar bonds on the market for the first time and raised $ 1 billion. The bond rate was 7% per annum, Forbes reported on Monday, March 15, citing one of the executives involved in the placement. “Holders of Telegram bonds will be able to convert them […]

Next
Ukraine’s economic downturn has slowed sharply
News

Nvidia’s merger agreement with Arm could take more than two years because of China

It may take Nvidia twice as long to get approval for its deal to buy Britain’s largest technology company, Arm Holdings, which is owned by Japanese financial conglomerate SoftBank Group. After the companies announced a $ 40 billion deal last September, the first hurdle was a class action lawsuit from Google, Qualcomm and Microsoft, which […]

Next
Ukraine’s economic downturn has slowed sharply
News

Alibaba Group offers for the purchase of Chinese Intime Retail $ 2,6 billion

The international business publication The Financial Times published the news that the public company Alibaba Group of China, experienced e-commerce giant, plans to become the owner of an investment holding company Intime Retail, bought its controlling stake at a price of more than two and a half billion dollars. Intime Retail owns 29 shops and […]

Next
Ukraine’s economic downturn has slowed sharply
News

Egypt estimated the losses due to the blockade of the Suez Canal

Egypt is losing about $ 14 million a day due to the blockade of the Suez Canal by the giant container ship Ever Given. The head of the Suez Canal Osama Rabi in an interview with eXtra News stated this. It is difficult to calculate the exact amount of losses, as the fees that Egypt […]

Next
Ukraine’s economic downturn has slowed sharply
News

In Ukraine will be implemented the EU standards for the mobile communication

European standards for the mobile communication in Ukraine will take effect by the end of 2021. According to the standards, the Cabinet of Ministers at the meeting on September 30 approved the plan to improve the quality of mobile communications. It involves the transition to the European approaches for informing users about the level of […]

Next
Ukraine’s economic downturn has slowed sharply
News

Transportation of dangerous goods from Ukraine will be carried out in accordance with European rules

Ukraine has acceded to the Protocol about record of revisions to European agreement for international highway carriage of dangerous materials. It is reported by UKRINFORM. 234 national deputies supported the adoption of the bill. As noted during the presentation of the document in Verkhovna Rada Anastasiia Deeva (Deputy Minister of Internal Affairs), Ukraine acceded to the […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com