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☆ Ukraine urges financial crime watchdog to expel Russia
▼ + stars: | 2023-02-15 | by ( ) www.reuters.com time to read: +1 min

KYIV, Feb 15 (Reuters) - Ukraine issued a new appeal on Wednesday to the global financial crime watchdog the Financial Action Task Force (FATF) to exclude Russia and blacklist it as a high-risk jurisdiction, the finance ministry said. Russia is a member of the Paris-based FATF which will be holding plenary and working group meetings on February 20-24. A year after Russia's invasion of Ukraine, Ukrainian officials have intensified appeals to their Western partners to tighten sanctions on Moscow to limit its ability to finance the war. We must stop Russia to protect not just Ukraine, but the entire global financial system." Ukrainian Central Bank Governor and other government officials issued similar appeals to FATF last year.

☆ NHL roundup: Adrian Kempe, Kings pound Penguins
▼ + stars: | 2023-02-12 | by ( ) www.reuters.com time to read: +10 min

Mika Zibanejad scored his 27th goal, Kaapo Kakko also found the net and Vincent Trocheck and Jimmy Vesey each added two assists. Carolina's Sebastian Aho saw his six-game goal streak end. Blues 6, Coyotes 5 (OT)Ryan O'Reilly scored the winning goal 1:02 into overtime to lift St. Louis past visiting Arizona. Scott Wedgewood made 28 saves in his first appearance since blanking the Los Angeles Kings 4-0 on Jan. 19. Jonatan Berggren scored two goals, Filip Hronek scored a goal, and Ben Chiarot had two assists for the Red Wings.

☆ IMF to meet Ukraine officials in Warsaw next week -source
▼ + stars: | 2023-02-10 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, Feb 10 (Reuters) - International Monetary Fund staff will meet with Ukrainian officials in Warsaw next week, a source familiar with the plans said on Friday, as Ukraine presses for a multi-billion dollar borrowing program to cover its funding needs given Russia's war. The Interfax Ukraine news agency earlier this month quoted Finance Minister Serhiy Marchenko as saying that Ukraine hopes to start negotiations with the IMF during the second quarter of 2023. At the time, the IMF said "program monitoring with board support", or PMB, "should help pave the way toward a possible full-fledged IMF-supported program." The scope of that program is a source of ongoing debate, given existing IMF constraints on lending to a country at war. Experts say the country's needs could be far higher, given the extent of damage caused by Russian attacks in recent months.

☆ Russian forces strike Ukraine, air raid sirens wail across the country
▼ + stars: | 2023-02-10 | by ( Olena Harmash | ) www.reuters.com time to read: +2 min

[1/2] Smog is seen during a shelling, amid Russia's attack on Ukraine, in the front line city of Bakhmut in Donetsk region, Ukraine February 9, 2023. Air sirens blared across the country during the morning rush hour and local officials urged civilians to take shelter, warning of potential new strikes. "Please do not ignore the air alert sirens, and go to the shelters." Air force spokesperson Yuriy Ihnat told Ukrainian television that Ukrainian air defences had shot down five of seven drones and five out of six Kaliber missiles launched at Ukraine. I want to stress again - do not ignore the air alert sirens," said Serhiy Popko, head of Kyiv city military administration.

☆ Fire at Odesa power substation leaves Ukraine port city's grid on the brink
▼ + stars: | 2023-02-04 | by ( ) www.reuters.com time to read: +3 min

"(The equipment) has been struck so many times that its state leaves much to be desired," Kudrytskyi told a briefing in Odesa, a city on the Black Sea. "We will do everything we can for the improvement of the power supply situation to take days rather than weeks," he said. "The situation is difficult, the scale of the accident is significant, it is impossible to quickly restore power supply," Prime Minister Denys Shmyhal wrote on Telegram. Prime Minister Shmyhal said he had ordered Ukraine's energy ministry to scramble every available high-power generator in its nationwide inventory and deliver it to Odesa within a day. At the briefing, Kudrytskyi said the city's critical infrastructure facilities were now being supplied with power.

☆ NHL roundup: Martin Necas, Hurricanes tie Sharks late, win in OT
▼ + stars: | 2023-01-28 | by ( ) www.reuters.com time to read: +6 min

[1/8] Jan 27, 2023; Raleigh, North Carolina, USA; Carolina Hurricanes center Martin Necas (88) celebrates his overtime goal against the San Jose Sharks at PNC Arena. San Jose's Michael Eyssimont scored a go-ahead goal with 8:45 remaining in what was a wild third period. Eyssimont's second goal of the season combined with an assist earlier in the third period had the Sharks on the verge of snapping a three-game losing streak. Kings 4, Panthers 3Adrian Kempe and Viktor Arvidsson scored short-handed goals, leading Los Angeles to a win over Florida in Sunrise, Fla. Devils 3, Stars 2 (OT)Jack Hughes scored his second goal of the game 20 seconds into overtime to give New Jersey a road victory over Dallas.

☆ NHL roundup: Alex Tuch, Sabres knock off Bruins in OT
▼ + stars: | 2023-01-01 | by ( ) www.reuters.com time to read: +9 min

Ukko-Pekka Luukkonen made 37 saves for Buffalo, facing 11 shots in the second period and 19 more in the third. Nic Dowd had a goal and an assist, while Dylan Strome, Anthony Mantha and Garnet Hathaway also scored. Emil Bemstrom and Kirill Marchenko also scored for the Blue Jackets in the comeback victory over the NHL's last-place team. They netted goals three times in the second, including Alex Killorn's go-ahead breakaway goal for a 4-3 lead. Stamkos scored his 498th career goal and had an assist, and Brayden Point notched a goal and a helper.

☆ Russian drone attacks target power network in Ukraine's Odesa, officials say
▼ + stars: | 2022-12-10 | by ( ) www.reuters.com time to read: +1 min

Dec 10 (Reuters) - All non-critical infrastructure in Ukraine's southern port city of Odesa was without power after Russia used drones to hit energy facilities, local officials said on Saturday, with much of the surrounding region also affected. "Due to the scale of the damage all users in Odesa except critical infrastructure have been disconnected from electricity," Odesa mayor Gennadiy Trukhanov wrote on Facebook. Odesa, Ukraine's largest port city, had population of over 1 million before Russia's Feb. 24 invasion. A statement posted by the city administration on the Telegram app said that Russian strikes hit key transmission lines and equipment in Odesa region in the early hours of Saturday. Odesa region governor Maksym Marchenko said Russia used 'kamikaze' drones, which fly into their target rather than firing munitions, and that two had been shot down over the Black Sea.

☆ Russian attacks grind on in eastern Ukraine as Bakhmut is 'destroyed'
▼ + stars: | 2022-12-10 | by ( ) www.cnbc.com time to read: +4 min

An aerial view of Bakhmut, the site of the heaviest battles with the Russian troops, in the Donetsk region, Ukraine, Friday, Dec. 9, 2022. Zelenskyy said the situation "remains very difficult" in several frontline cities in eastern Ukraine's Donetsk and Luhansk provinces. "The occupiers actually destroyed Bakhmut, another Donbas city that the Russian army turned into burnt ruins." He said Ukrainian forces repelled Russian attacks in Donetsk and neighboring Luhansk. Taking Bakhmut would rupture Ukraine's supply lines and open a route for Russian forces to press on toward Kramatorsk and Sloviansk, key Ukrainian strongholds in Donetsk.

☆ Russia's war on Ukraine latest news: Ukraine gradually restores power
▼ + stars: | 2022-11-26 | by ( ) www.reuters.com time to read: +2 min

CONFLICT* NATO Secretary-General Jens Stoltenberg said the Western military alliance would not back down on its support for Kyiv. * The war's first winter will now test whether Ukraine can press on with its campaign to recapture territory, or whether Russia's commanders can halt Kyiv's momentum. [1/3] NATO Secretary General Jens Stoltenberg speaks during a news conference at the Alliance's headquarters in Brussels, Belgium November 25, 2022. EU governments were split on the level at which to cap Russian oil prices to curb Moscow's ability to pay for its war in Ukraine without causing a global oil supply shock. This is our mission number one this year," said Ukrainian President Volodymyr Zelenskiy.

☆ Ukraine's finance minister says reconstruction costs are rising
▼ + stars: | 2022-11-24 | by ( Marc Jones | ) www.reuters.com time to read: +2 min

LONDON, Nov 24 (Reuters) - Ukraine's Finance Minister Serhiy Marchenko has said more Western aid is needed to help it meet its growing reconstruction costs following this week's escalation of Russian missile attacks. Marchenko also said current Western support meant "we'll have approximately $3-3.5 billion a month vs $5 billion this year". However, he said the current budget includes only a very small amount for reconstruction costs which it needs to increase if possible. For now, though, Western support continues. Also, G7 foreign ministers will discuss how to ensure Ukraine's energy supply when they meet next week, German Foreign Minister Annalena Baerbock tweeted on Thursday.

☆ Ukraine receives 2.5 billion euros in assistance from EU
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: 1 min

KYIV, Nov 22 (Reuters) - Ukraine received a new 2.5 billion euro ($2.57 billion) tranche of macro-financial assistance from the European Union on Tuesday, Finance Minister Serhiy Marchenko said. "The total amount (of macro-financial assistance) provided to Ukraine from February 24 (by the EU) reaches €6.7 bln," Marchenko wrote on Twitter. Prime Minister Denys Shmyhal wrote on Twitter that the assistance was "another step of solidarity," and expressed gratitude to EU leaders. ($1 = 0.9744 euros)Reporting by Max Hunder and Pavel Polityuk, Editing by Timothy HeritageOur Standards: The Thomson Reuters Trust Principles.

☆ 'We're holding on', says deputy mayor of besieged Ukrainian city
▼ + stars: | 2022-11-05 | by ( Joseph Campbell | ) www.reuters.com time to read: +2 min

REUTERS/Clodagh KilcoyneBAKHMUT, Ukraine, Nov 5 (Reuters) - Residents of the besieged eastern Ukrainian city of Bakhmut are living in dire conditions, with civilians killed and wounded daily, the deputy mayor said on Saturday, as fighting between Russian troops and Ukraine's forces rages around the city. Kyiv's military says the area is the site of some of the heaviest fighting with Russian forces, and deputy mayor Oleksandr Marchenko told Reuters that Russia's troops were "trying to storm the city from several directions". "With every day it's becoming harder and harder to survive in this city," Marchenko said from inside an empty government building as mortar fire boomed nearby. He said more than 120 civilians have been killed in Bakhmut since Russia's Feb. 24 invasion. "We're holding on and hoping that the armed forces of Ukraine will be able to repel the enemy further from the city," he said.

☆ Russian assets seized in Ukraine may be used for reconstruction - minister
▼ + stars: | 2022-10-28 | by ( ) www.reuters.com time to read: +1 min

KYIV, Oct 28 (Reuters) - Assets belonging to Russian and Belarusian individuals seized by Ukraine could be used for the country's massive post-war reconstruction effort, Finance Minister Serhiy Marchenko was quoted on Friday as saying. The government has frozen Russian and Belarusian assets in Ukraine worth some 44 billion hryvnias ($1.21 billion) since the start of Moscow's invasion on Feb. 24, according to the Economic Security Bureau, a state agency. "Money seized on the territory of Ukraine from Russian and Belarusian citizens can be involved in this fund," he added, without elaborating. The European Union is also looking at using Russian assets frozen under Western sanctions against Moscow in the postwar reconstruction of Ukraine, the head of the European Council, Charles Michel, said at an EU summit last week. Moscow said on Thursday it would retaliate if the EU moved to confiscate assets belonging to the Russian state or its citizens.

☆ IMF concludes mission on Ukraine, urges authorities to avoid eroding tax revenues
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, Oct 21 (Reuters) - An International Monetary Fund team held productive discussions with Ukrainian authorities in Vienna this week and will continue work in coming weeks on Ukraine's request for enhanced program monitoring, IMF mission chief Gavin Gray said on Friday. Gray said IMF staff met with Ukrainian authorities, and discussed its findings with Finance Minister Serhiy Marchenko and Governor of the National Bank of Ukraine Andriy Pyshnyi. He said Russia's invasion had caused tremendous human suffering and had a severe economic impact, with the fiscal deficit rising to unprecedented levels. But IMF officials were encouraging Ukraine to refrain from measures that erode tax revenues. Register now for FREE unlimited access to Reuters.com RegisterReporting by Andrea Shalal; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.

☆ Ukraine's Marchenko to chair IMF, World Bank governing boards in 2023
▼ + stars: | 2022-10-14 | by ( Andrea Shalal | ) www.reuters.com time to read: +2 min

WASHINGTON, Oct 14 (Reuters) - The shareholders of the International Monetary Fund and World Bank on Friday selected Ukrainian Finance Minister Serhiy Marchenko as the next rotating chair of the boards of governors of both institutions in 2023. The decision, which was announced during the annual meetings of the IMF and World Bank in Washington, means that Marchenko will also chair next year's annual meeting of the institutions, which is scheduled to be held in Morocco. Russia is a member of the institutions and could have objected, but did not. World Bank and IMF members choose a new chair for the board of governors on a regional rotation basis. Egypt is in that role this year, but it will rotate in 2023 to Europe and Central Asia.

☆ Yellen calls for allies to quickly disburse committed funds to Ukraine
▼ + stars: | 2022-10-11 | by ( Andrea Shalal | ) www.reuters.com time to read: +2 min

We will continue to support you as you rebuild the prosperous and free Ukraine that your country has fought so hard to secure," Yellen told Marchenko and his delegation before a meeting. Register now for FREE unlimited access to Reuters.com RegisterWashington intended to disburse $4.5 billion in direct budget support to Ukraine in coming weeks, she said. Congress approved that funding two weeks ago, bringing total U.S. direct budget support for Ukraine to $13.5 billion - all in grants. "But let me be clear: international support for Ukraine is a collective effort. We are calling on our partners and allies to join us by swiftly disbursing their existing commitments to Ukraine and by stepping up in doing more — both to help Ukraine continue its essential government services and to help Ukraine begin to build and recover," she said.

☆ U.S., allies aim to continue hammering Russia over its 'egregious' war in Ukraine -officials
▼ + stars: | 2022-10-11 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

A rescuer works at the site of a residential building heavily damaged by a Russian missile strike, amid their attack on Ukraine, in Zaporizhzhia, Ukraine October 6, 2022. REUTERS/StringerWASHINGTON, Oct 11 (Reuters) - Western governments plan to ratchet up pressure on Russia over its war in Ukraine, underscoring continued support for Ukraine when finance officials from around the world gather in Washington this week, senior U.S. officials said on Tuesday. Yellen does not plan to walk out when Russian officials speak at a gathering of Group of 20 officials on Thursday, as she and other Western officials did during the spring meetings of the IMF and World Bank, the official said. Instead, they will "stay and rebut whatever the Russians say, both before they speak and after they speak," the official said, blasting the "egregious methods" used by Russia in the war. The IMF is slated to downgrade its forecast for 2023 global growth on Tuesday to reflect the impact of the war, continued inflation and debt problems.

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