Gleb Garanich/Reuters/File Enlarge Twenty-two years after breaking free from the USSR, Ukraine is now attempting to do the unthinkable and permanently shake Russia s hold on the country. The plan? Looking westward to the European Union and building an energy hub that might just revolutionize the regions geopolitical status quo. OilPrice.com offers extensive coverage of all energy sectors from crude oil and natural gas to solar energy and environmental issues. To see more opinion pieces and news analysis that cover energy technology, finance and trading, geopolitics, and sector news, please visit Oilprice.com . Recent posts The Christian Science Monitor Weekly Digital Edition When Ukrainian President Viktor Yanukovych came to http://www.23hq.com/rubenzkmf/story/12612702 power after a vigorous election race in February 2010, the country had just spent 5 years under their most avowedly pro- Europe President so far, fashion Viktor Yushchenko, and yet had made few concrete steps to edging out of the Soviet shadow.
More: http://www.csmonitor.com/Environment/Energy-Voices/2013/0805/Is-the-next-energy-hub-in-Ukraine
Markets close in 2 hrs 41 mins Stock Watch American Eagle Sinks on Disappointing Quarter (See Story) UniCredit Bank in Ukraine Selects Currency Supply Chain Management Solution from Fiserv Integrated Currency Manager from Fiserv is a web-based cash supply http://bloggd.org/blog/v/znbc/What+would+Bruce+say%3F+Tallulah+and+Scout+Willis+let+it+%28almost%29+all+hang+out+in+flesh-baring+outfits+for+a+shopping+trip chain management and optimization tool that automates cash forecasts Flexibility of solution and Fiserv local expertise key to selection process Bank will be able to minimize the amount of idle cash in its network, reduce the cost of providing cash to its customers and increase the value of cash it can invest Press Release: Fiserv, Inc. Thu, Aug 1, 2013 2:00 AM EDT +0.1400 BROOKFIELD, Wis.--(BUSINESS WIRE)-- Fiserv , Inc. ( FISV ), a leading global provider of financial services technology solutions, along with its local implementation partner, Mellon Ukraine, announced today that UniCredit Bank (PJSC Ukrsotsbank), based in the Ukraine and a member of UniCredit Group with financial networks covering 22 countries in Europe and 27 additional countries worldwide, has selected Integrated Currency Manager to optimize the banks cash reserve levels and maximize transportation capacity. We selected Fiserv because it was able to deliver a solution that met our unique requirements, said Valeriy Lapin, Professional, http://www.savingsdaily.com/post/what-shoes-do-guys-find-attractive Self-Service Management, UniCredit Bank. We have already put quite a lot of effort into successfully reducing our total ATM cash-related costs, and once we have fully implemented Integrated Currency Manager, we expect that we will be able to achieve even better results in cost optimization, while at the same time ensuring maximum cash availability for the customers. We also expect the advanced management information will help further improve performance and reduce costs. Integrated Currency Manager from Fiserv is a web-based cash supply chain management and optimization tool that automates precise cash forecasts for multiple cash points, including ATMs, branches, vendors and vaults.
More: http://finance.yahoo.com/news/unicredit-bank-ukraine-selects-currency-060000195.html
Kanal Ukrayna filmed protesters hurling baked goods at the windows of the Savings Bank of Russia's Kiev branch, while Bratstvo's leaders demanded Russian bank branches be closed in retaliation. Neighbouring countries have expressed concerns about Roshen's goods - possibly at Moscow's urging - but experts in Moldova and Kazakhstan reportedly found nothing harmful. Some commentators see this as Russia's first salvo in a trade war with Ukraine, with whom it has an uneasy relationship over energy supplies, and perhaps in retaliation for Kiev's import duties on Russian cars and attempts to set up a customs union. Last year, Russia banned imports of Ukrainian cheese for two months in a row over the use of palm oil as a milk substitute. Kiev claimed the "Cheese War" was the result of Russian farmers' lobbying.
More: http://www.bbc.co.uk/news/blogs-news-from-elsewhere-23588488
We maintain our expectations for growing external account imbalances to drive a devaluation of the hryvnia by end-2013. Political risks are likely to increase over the next 12 months. The imprisonment of former Prime Minister Yulia Tymoshenko has severely soured relations with the EU, and bilateral relations with Russia remain tense over the issue of Ukraine's gas imports. Major Forecast Changes We have downgraded our outlook for real GDP growth for 2013 and 2014, and now expect GDP to contract by 1.4% in 2013 and grow by just 1.0% in 2014. This change reflects our bearish outlook for global metallurgical markets next year, our expectations for hryvnia devaluation, and expectations of a retrenchment in government spending.
More: http://www.sbwire.com/press-releases/ukraine-business-forecast-report-q3-2013-new-market-research-report-293929.htm