Saturday, November 1, 2014   

World Bank offers US$3b to indebted Ukraine
(03-11 10:30)

The World Bank said it is prepared to offer US$3 billion in aid to Ukraine this year to support economic reforms and development.
The bank received a request from nearly bankrupt Kiev authorities, which took power last month after Ukraine's former president Viktor Yanukovych was ousted.
The bank said the Ukraine economy faces some serious challenges that will require “urgent action in the short term,’’ as well as sustained reform over the longer term.
It said the key priorities are restoring macroeconomic stability, shoring up the country's banks, reforming to the energy sector and “seriously tackling corruption.''
--AFP


   
Other Business breaking news:
German retail sales post biggest drop for 7 years (10-31 17:59)
Hang Seng finishes higher (10-31 17:22)
IAG airlines group logs improving Q3 profits (10-31 17:21)
European stocks rally at open (10-31 16:47)
Panasonic says half-year profit dives (10-31 15:53)
Nikkei soars to seven-year high (10-31 15:44)
Japan Airlines H1 net profit slips (10-31 15:43)
Sony says half-year loss balloons six-fold (10-31 15:42)
RBS sets aside 400m pounds for forex probes (10-31 15:41)
BoJ chief says at 'critical moment' for exiting deflation (10-31 15:40)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.