Russian Senator Alexey Pushkov in your channel in the Telegram expressed the view that the worsening economic situation in the US because of "total loss control" in connection with the spread of the coronavirus confirms the riskiness of any predictions about the easy and quick withdrawal of America from the crisis.
According to Pushkov, China ended the epidemic coronavirus infection and proceeds to economic growth. USA, at the same time, due to the large number of new cases COVID-19 in the country, "risking to lose the positive" from a small revitalization of the economy, and to increase the number of unemployed. The international monetary Fund (IMF) reminded the Senator, warned that the scale of the epidemic will hit the prospects of recovery in the United States, and the government lacks funds. All this may increase the tax burden on the already unhappy situation of citizens.
The possibility of the outbreak of the coronavirus is the primary risk for the U.S. economy, says the report of the International monetary Fund for the annual visit of specialists to the country in accordance with article 4 of the IMF Charter.
"The main risk that is very difficult to define in numerical terms is that re-growth in the number of cases COVID-19 in the United States may lead to a partial suspension of work to save lives, especially vulnerable populations... Already have the emergency warning signs of the fact that the depth of the economic recession and the sectoral distribution of the economic losses will lead to a systemic rise in poverty that will complement the macroeconomic risks," the document says.
The head of the Federation Council Commission on information policy and interaction with mass media Alexei Pushkov in his telegram channel said about the impossibility of the existence of Ukraine without Russia.
He commented on the words of Ukrainian journalist Dmitry Gordon about "vulnerable to the invasion of Russia in Kiev".
The Verkhovna Rada of Ukraine on proposal of President Vladimir Zelensky was appointed Chairman of the state "Ukrgasbank" Kirill Shevchenko, head of the National Bank of the country, the decision on the meeting of Parliament on Thursday supported 332 deputies with the required minimum of 226 votes.
According to the new head of the national Bank for the last six years the national Bank has passed the way of institution building, with the support of international partners had built an independent Central Bank, which ensures the macroeconomic stability of the banking system and the economy.
China's GDP for the first half of 2020 decreased by 1.6% yoy under the impact of the pandemic COVID-19, according to data published on Thursday by the state statistical Bureau of China.
The document notes that thanks to the coordinated efforts of the entire country in the fight against the epidemic is coronavirus and the recovery of the production of "national economy of China in the first half of 2020 has moved from slowdown to growth".
The new Director of the European Department of the IMF, in conducting which includes Russia, was Alfred Kammer, said the report Fund released on Wednesday.
The announcement of the intention to appoint him to the post was announced by the head of the Foundation, Kristalina Georgieva, said there. He works at the IMF since 1992. Kammer participated in programs to support economies during the transition period after the fall of the Berlin wall, and was in Russia as a representative during the 1998 crisis.
The Tunisian authorities intend to resume shortly negotiations with the International monetary Fund, to within four months to conclude an agreement on cooperation, said the country's Finance Minister Nizar Yaich in an interview with radio station Mosaique FM on Monday.
"In the coming days will begin a new round of negotiations with the IMF," - said the Minister. According to him, the government has prepared a platform of 10 points, the main of them boil down to a requirement to pay particular attention to the negotiations on cooperation of economic and social Affairs, while in previous rounds of the IMF was more interested to discuss Finance and the budget deficit.
Ukrainian party "the Opposition platform For life" urged President Vladimir Zelensky and his team to resign.
This is stated in the statement published on the website of political power.
Due to the resignation of the head of the national Bank of Ukraine (NBU) Yakov Smoliy country once again faces bankruptcy, this writes the German business newspaper Handelsblatt.
Smoliy, who served as head of the national Bank from March 2018 Wednesday wrote a letter of resignation, explaining that "systematic political pressure" on the Bank, and filed with the President. The Verkhovna Rada of Ukraine on proposal of President Vladimir Zelensky on Friday fired Smoliy from office.
The President of Ukraine Volodymyr Zelensky is "scammers" and "a typical representative of the provincial elite." This opinion in an article for the publication "Glavred" stated Kiev political analyst Andrey Golovachev.
"Let's look at a recent case. Zelensky signed the Memorandum with the IMF, where his signature guarantees the independence of the work of the NBU (national Bank of Ukraine. – ed ed.). For the IMF this was a fundamental point, which he did not agree to resume lending to Ukraine. And in two weeks Zelensky calls the Chairman of the NBU (Jacob. – approx. ed.) Smoliy and invites him to get out of NBU", - wrote the expert.
The number of inhabitants of Ukraine who believe that we should not continue cooperation with the IMF and to take out new loans exceeded 60%, according to a survey conducted by the Kiev international Institute of sociology (KIIS).
According to the survey published Monday on the website of KIIS, in June, 24% of Ukrainians believed that it was better to cooperate with the IMF, receiving new credits (in April, 32%). Against collaboration and obtain new loans in favor, 61% of respondents in June (April to 46%). The rest were undecided.
Verkhovna Rada Deputy Vadim Rabinovich, suspected a "secret Memorandum" of the Ukrainian authorities with the International monetary Fund (IMF).
So the politician commented on the words of the MP from the faction "servant of the People," Galina Tretyakova. She stated that families applying for financial assistance from the state, give birth to children "very low quality".
Published on Wednesday, the IMF forecast indicates that the total losses of the global economy from the pandemic of coronavirus exceed the losses of the financial crisis of 2008-2010 and will be comparable to the effects of the great depression 30-ies of the last century, says managing the American Fund Principal Investors Kyle Shostak.
The international monetary Fund has published today a new forecast for the development of the world economy. According to him, the global GDP by the end of this year because of the pandemic will fall by 4.9%, US 8%, the Euro area and by 10.2%.
The international monetary Fund does not interfere in the internal Affairs of Ukraine, and the Memorandum of cooperation on the new lending program is not contrary to the programme of activities of the government, said the country's Prime Minister Denis Shmyhal.
Earlier, the international monetary Fund (IMF) issued a letter of intent and Memorandum of economic and financial policies under the new 18-month stand-by program for $ 5 billion with Ukraine. They are, according to the Ukrainian Ministry of Finance, contain events and conditions that has implemented and plans to implement and comply with the government of Ukraine and the national Bank of Ukraine during the period of the program in 2020-2021 years, as well as the concrete steps necessary for the successful completion of hits and the next tranche under the program.
The President of the United States Donald trump wanted to cancel sanctions against Russia, introduced in connection with the incident in the British Salisbury, writes the former White house adviser on national security, John Bolton.
This is stated in his book "the Room where it happened: a memoir of the White house," which went on sale Tuesday.
President of Belarus Alexander Lukashenko still believes in the correctness of the chosen Republic responses to the pandemic coronavirus COVID-19, as it, in his opinion, helped to preserve the country's independence.
"I saw many months ago that we want (in a pandemic – ed.). The fact that we have countries already by this time it was not. We would have brought the dollar or the Russian ruble," - said Lukashenko, quoted by the website of the President of Belarus.
At the meeting of the Verkhovna Rada Committee on Finance, tax and customs policy, controlled, of course, a fraction of the "Servant of the people", 17 June discussed a draft resolution "On report of the Chairman of the National Bank of Ukraine the Verkhovna Rada of Ukraine on the National Bank of Ukraine". The document was prepared (and actually secret) as a parliamentary response to the report of the Chairman of NBU reporting on the activities of the previous month.
In the draft resolution harshly criticized the activities of the Bank since 2014 to the present day.
The Parliament of Bolivia voted against the adoption of credit in the amount of 327 million dollars to combat the coronavirus, which is the country approved the international monetary Fund (IMF) in response to the request of the interim government, according to local news Agency ABI.
According to the statement of the Deputy Minister of Finance and public credit Carlos Slinka, the parliamentary planning Commission explained this decision by the lack of documentation required for the approval of external loans. In particular, the deputies of the MAS party ("Movement to socialism") has asked the government to provide a credit agreement and Supreme decree confirming his power.
Member of Parliament, co-Chairman of the faction "the Opposition platform For life," Vadim Rabinovich, after reviewing the new version of the programme of government, suggested the Pro-presidential faction "servant of the people" to recognize that Ukraine "given at the mercy of" the International monetary Fund (IMF) and the American financier George Soros.
Earlier, the Cabinet introduced to the Parliament the draft programme of activities of the government. The program is described in ten pages, does not contain specific figures or indicators. The relevant Committee of Parliament on Finance, tax and customs policy has criticized the document and recommended the Parliament to guide the program to completion.
Kyiv received from the International monetary Fund the first tranche in the amount of 2.1 billion dollars, said the head of the National Bank of Ukraine Yakov Smoliy.
"Did you know that the funds do not come directly from the IMF, and from country members of the Fund? Since yesterday, the funds come in dollars, euros, yen, pounds and yuan, the currencies included in the SDR (special drawing rights — a calculation unit of the IMF. — Approx. ed.). Now the process is complete," wrote Smoliy on Twitter.
Ukraine's foreign debt (public and private) due to pandemic COVID-19 will increase in 2020 to 93% of GDP, while in 2019 it amounted to 78.8% of GDP, according to the Memorandum of the Ukrainian authorities and the International monetary Fund (IMF).
"It is expected that the shock of COVID-19 will increase this ratio (debt to GDP) by about 15 percentage points, to 93%," - said in the document on allocation of the country $ 5 billion in support of the economy in terms COVID-19.
Former Prime Minister of Ukraine, leader of the party "Fatherland" Yulia Tymoshenko has accused the Kiev authorities in the signing of a Memorandum of IMF loans on onerous terms.
Earlier, the IMF Executive Board approved a new program to support Ukraine in 18 months with a total amount of five billion dollars. President Vladimir Zelensky said that the country will shortly receive the first tranche from the organization. According to the Ukrainian Finance Ministry, this will happen on June 11.
Economic crisis associated with the COVID-19 may lead to the fact that the poverty line will be up to 100 million people worldwide, said in his blog, the head of the International Monetary Fund (IMF), Kristalina Georgieva.
"New calculations show that the result (of the crisis COVID-19), 100 million people worldwide could be in extreme poverty that would negate all the progress made in reducing poverty over the last three years," she wrote.
Kyiv expects the first tranche from the IMF, which will amount to $ 2.1 billion, starting this month, funds will be directed to the state budget to support the economy and help people, said on Wednesday Prime Minister of Ukraine Denis Shmyhal.
The Board of governors of the International monetary Fund has approved a new program to support Ukraine in 18 months with a total volume of $ 5 billion. The President of Ukraine Vladimir Zelensky said that Kiev in the near future will receive the first tranche from the IMF, which will amount to $ 2.1 billion, 200 million more than originally planned.
The Board of governors of the International monetary Fund has approved a new program to support Ukraine in 18 months with a total volume of $ 5 billion, according to a press release of the Fund.
The first tranche will amount to about $ 2.1 billion, the report says.
The President of Ukraine Vladimir Zelensky had admitted that he was ashamed of some of the jokes "95 Quarter", including one in which he compared the country with the "actress of German film for adults", however, the President explained that the joke "was about something else."
Before being elected President Zelensky during one of the numbers "95 Quarter" on international loans said that "Ukraine reminds the actress of German films for adults: ready to take in any quantity, from any side".
Prime Minister of Ukraine Denis Shmyhal in early June was supposed to represent in Parliament the programme of action of the government. This historic document on eight small pages he repeatedly praised in April-may. But something strange happened. Smigel in his speech to the Parliament spoke about the Herculean efforts of his government in the fight against the pandemic coronavirus and the tremendous progress in this fight. Emphasized presented by the government for the programme "stimulating the economy to overcome the effects of coronavirus" (the program incentive). Then asked never presented the action plan of the government to send back for revision.
Was that with the numerous claims against the underlying government program, which looks like a cheap indulgence, because its adoption would give to the government of Smugala one year of immunity from dismissal, as the Prime Minister would agree. But the incentive program described as designed to "government analysts and expert centers."
In Ukraine, the brewing of another full-scale crisis: members of Parliament oppose the new agreement of Kiev with the International monetary Fund. To plug holes in the budget, we need money, but legislators are troubled by the fact that the conditions imposed by the lender, the country actually goes into administration. Experts are convinced: the Kiev agreement will not refuse, but also to fulfill obligations to the IMF will not.
The twenty-second of may, the IMF reported that a new credit program by five billion dollars with Kiev agreed. A week later, the head of a credit organization Kristalina Georgieva, in conversation with President Vladimir Zelensky promised to provide the first tranche of $ 1.9 billion "in the near future".
Yulia Tymoshenko during the Premiership of Ukraine in 2008 did not give the reform movement, which promised the IMF, said the former Minister of economic development of the country Tymofiy mylovanov on air of the channel "1 1".
He stressed that the international monetary Fund does not believe the Kiev after this deception, so now the organization sets conditions, without implementation of which the loan to the Ukrainian side is impossible.
In early June, was released may 20, agreed by the Ukrainian government and the National Bank of the letter of intent and draft Memorandum with specific obligations assumed by Ukraine within the framework of a new standby loan program, to discuss her side suddenly moved to the beginning of may instead of the previously discussed expanded program EFF. While the text of the Memorandum was not even presented at the meeting of the government, which he approved. Then it became only known that the first tranche of a credit line should leave $ 1.9 billion.
But, despite the commitment of the Ukrainian side not to publicize the text of the document to the approval of the Fund's management, its main provisions was leaked almost immediately, and on 1 June became available and the documents themselves.
The terms of a new IMF program lending in Ukraine is "the question of surrender", about it on air of TV channel "112" said the Deputy of the Verkhovna Rada from party "Oppositional platform For life" Vadim Rabinovich.
"People who are not able to control, became the head of the state and today they are instructed in the most difficult time to manage the economy. Therefore, the IMF invites us to close school. I have a cognitive dissonance – where the school is, and where the IMF. Why the IMF, sitting in Washington, attended to in order to Ukraine have closed schools," - said the Deputy.
The conditions the International monetary Fund's new loan program is inadmissible for Ukraine. This was stated by the head of the "servant of the people" in Parliament-David Arakhamiya, the TV channel "Ukraine is 24".
According to him, the first tranche under the program stand-by Kyiv expects next week. "And then there is the new cooperation program with the IMF, where there is a draft Memorandum in which many things are presented in a way that will not be perceived neither the Ukrainian society nor the Parliament", — Arakhamiya told.
The managing Director of the International monetary Fund Kristalina Georgieva welcomed the adoption by Ukraine of the law on improvement of mechanisms of banking activities, which the Ukrainian media called "anticolonialism", this was discussed during a telephone conversation Georgieva and President Vladimir Zelensky, the press service of the President's office.
Earlier Zelensky has signed the law on amendments to the regulations of the Verkhovna Rada, which had to let unblock the adoption of the bill on the prohibition of the return of nationalized PrivatBank his former owner, oligarch Igor Kolomoisky. The adoption of this law, which the media called "anticolonialism", insisted the international monetary Fund.
Prime Minister Boris Johnson called on States to join efforts in the fight against the pandemic and coronavirus in the recovery process after it.
His video message was shown during the high-level event on financing for development in the era COVID-19 and after. The conference is organized by the United Nations.
