Analyst: “Currently, Oschadbank and Ukreximbank notes are traded with a 90 – 160 bps spread to the sovereign curve and thus remain among our top picks.”
Many like to cite George Santayana’s classic observation that “those who forget the past are condemned to relive it.” That sage advice needs to be expanded with the words that “those who ignore what is going on at present will only hasten the return of the worst aspects of the past now and in the future.”
Analyst: “The risk that the coke plant will be cut entirely from natural gas supplies remains solid, and so is the risk of irrevocable damage to the plant’s main equipment, coke batteries.”
NSDC situation map for Feb 2, 2017
Analyst: It’s hard to say whether this latest battle will last a week or a month, largely because the aims of the pro-Russian fighters are not clear
Worried Ukrainian leaders were heartened by the statement that suggests the Trump administration is beginning to comprehend Russia’s support for criminal elements among pro-Russian separatists and the supply of both Russian Army personnel and heavy weapons. The statement below originated within the office of the U.S. Secretary of State and was supplied to UBO at 23:25 on Jan 31, 2017 via the U.S. Embassy in Kyiv, Ukraine.
<UBO Opinion: The Chinese leader Xi Jinping left Davos this year smiling like the proverbial Cheshire cat in full knowledge that the bumbling and fumbling of Donald Trump’s ideologically driven amateurs was likely to continue indefinitely. Observing the events of the last weekend, Xi’s smile has by now turned into a broad grin, knowing that – as expected - Trump has ignored the logical-thinkers in the White House while strengthening the positions of such hard-right ideologues as Steve Bannon. Probably well-deserving of his reputation as a major éminence grise in the Trump throne room, Bannon’s influence grows while other officials with immensely greater knowledge of security and intelligence matters have been relegated to lesser status. It also appears that neither Democrats nor moderate Republicans have the power to save themselves – and the country – from this wrong-headed path strewn with ill-advised tweets and executive orders that tear at the fabric of the nation.
< An alleged document of the Brazilian issued by the armed separatist group in control of the eastern city of Donetsk.
< Minister M.J. Akbar, right, with Stepan Kubiv, left, First Vice-Prime Minister of Ukraine, Minister of Economic Development and Trade, and Igor Polikha, second from right, Ambassador of Ukraine to India in New Delhi.
Photo Credit: SHIV KUMAR PUSHPAKAR