Peace in Ukraine may be closer than most people suspect, says Timothy Ash. The associate fellow at Chatham House and senior sovereign strategist at RBC Bluebay Asset Management laid out five reasons for his belief in his latest blog post. Here is a much-abridged summary by Ukraine Rebuild Newswire:
Irish building materials giant CRH, which aims to buy the Ukrainian cement-making unit of Italy's Buzzi, must first agree to transfer a 25-28% stake in the unit to an independent investor, the Antimonopoly Committee of Ukraine (AMCU) has said. The €100 million purchase would give CRH,
The European Bank for Reconstruction and Development (EBRD) says its exposure to Ukraine poses "absolutely" no risk to the lender's triple-A credit rating, a senior bank official told the Reuters news agency Friday. EBRD Vice President for Banking Matteo Patrone said the bank is "
The European Union said it has sent to Ukraine €1.5 billion in proceeds generated from frozen Russian assets to help pay for the war and the reconstruction of Ukraine. The transfer marks the first such payment from profits derived from an estimated €210 billion euros in assets of the
Donald Trump, if re-elected as president of the US in November, could strengthen sanctions against Russia, bolster the US defense industry and create a $500 billion lend-lease program for Ukraine to end the Russian invasion, former US Secretary of State Mike Pompeo wrote in the Wall Street Journal.
Ukraine's central bank has updated its regulations to allow foreign investors direct access to market debt instruments earmarked for the reconstruction of Ukraine, such as local municipal bonds and infrastructure bonds. Under the new rules, the National Bank of Ukraine (NBU) can manage special accounts for foreign financial
Fitch Ratings downgraded Ukraine's credit rating to C from CC after the government signed a preliminary agreement with a group of creditors to restructure $20 billion in debt. Fitch said the cut to Ukraine's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) reflects its opinion
The international law firm CMS advised the Dutch Good Growth Fund (DGGF) on securing regulatory approval for the fund's €4.5 million investment in Bank Lviv, CMS said. The firm advised DGGF on securing regulatory approvals from the National Bank of Ukraine and the Antimonopoly Committee of Ukraine
The M&A market in Ukraine is still suffering from a "mismatch" in expectations between foreign investors and local business owners but some deals are starting to move through the pipeline, says Zoriana Podilchuk, a director of FinPoint. "Somewhere like six months ago we noticed a
Foreign investors should adhere to a "build back better, made in Ukraine" policy that prioritizes Ukrainian firms when sourcing supplies, recruiting primary contractors and allocating donated resources for the reconstruction of Ukraine, the Brussels-based International Politics and Society (IPS) magazine said in its latest edition. IPS, published
Ukraine has reached a preliminary agreement with a group of international creditors to restructure more than $20 billion in debt so it can reserve resources for the war and reconstruction. Ukraine's international creditors agreed to write off more than a third of the nominal value of the debt
Reuters highlighted the work of Swarmer as one of "a handful of startups in Ukraine" searching for ways to better control large groups of drones for use in the war against Russia. In an 800-word soft news piece, the news agency wrote that Ukraine hopes research into
Former US President Donald Trump, whose re-election campaign has intensified in energy since the assassination attempt against him last weekend, pledged to end the war between Russia and Ukraine in a telephone call Friday with Ukrainian President Volodomyr Zelensky. "I appreciate President Zelenskyy for reaching out because I,
Japan's Justice Ministry plans to help Ukraine overhaul key laws to help streamline the reconstruction after the war with Russia ends, The Japan Times reported, citing anonymous government sources in Tokyo. The ministry is studying the legal situation in Ukraine before deciding on the components of a legal
Swedfund, Sweden's development finance institution, is opening an office in Kyiv to support the reconstruction and economic development of Ukraine. The fund, which currently invests in "small and medium-sized enterprises in the IT/technology sector, promoting job creation and export earnings," is now looking for
Some $20 million has been raised in donations and government transfers for reconstruction and medical care after a Russian missile strike destroyed a wing of Ukraine's largest children's hospital on Monday. Ukraine's government said it has earmarked 100 million hryvnias ($2.4 million) for
