Ukraine's National Agency on Corruption Prevention (NACP) has refused to remove Austria's Raiffeisen Bank from the international sponsors of war list, citing the bank still not having a clear plan to leave the Russian market, Reuters reported on Feb. 15.
Ukrainian bankers, analysts and economists have joined forces to develop a list of sanctions that have not yet been introduced, but could substantially hit Russia and force Russian dictator Vladimir Putin to retreat. Of course, these measures could hurt not only Russians, but also the economies of the collective West.
It took a full-scale invasion by Russia into Ukraine to get the international community to apply a range of sanctions against the attacking country. The most severe penalty was the move to sever certain Russian banks from the international payment order system SWIFT and prevent the Russian Central Bank from
With Russia’s ruthless and unprovoked invasion of Ukraine in the early morning hours of 24 February 2022, Vladimir Putin has brazenly challenged the West. Ukraine is courageously holding the fort at a high cost of human lives, both military and civilian, as well as an inestimable destruction of property.
Ukrainian government bonds fell by up to 4.6% on Jan. 17, as Russia continued to mass troops on Ukraine’s border, fuelling fears of a large-scale invasion. Sovereign bond yields are often used as an indicator of foreign investor confidence in a country’s economy: the higher the yield,
The billion-dollar court case against exiled tycoon Oleh Bakhmatyuk is a depressingly familiar reminder of Ukraine’s elite-level embezzlement problem. The former billionaire is being sued by U.S. investment fund Gramercy, which alleges that Bakhmatyuk, the majority shareholder and board chairman of agricultural giant UkrLandFarming, siphoned $1 billion out
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