23.03.2010
EU Food Facility and FAO
In 2009, the European Union joined FAO in its efforts to turn the tide of growing hunger in the world by boosting agricultural production with massive support for global food security through its ‘Food Facility’. The global food crisis, spurred on by soaring food prices in 2007 and 2008, was a wake-up call to the international community to get agriculture back on track in the fight against poverty and hunger.
more23.03.2010
Ukraine. Sunflower seeds export cut
Exporters have essentially reduced the export of sunflower seeds because of problems involved in VAT refunds, says Stepan Kapshuk, director general of the UkrOilProm association.
more23.03.2010
Ukraine's GDP in 2009 down by 15%
According to the report of the finance ministry on execution of 2009 national budget, the growth of real GDP in 2009 was planned at the level of 0.4%, and actually there was a fall by 15%.
more23.03.2010
Ukraine. The condition of winter rapeseed worsened in March.
Planted area under rapeseed in good conditions decreased to 33.4% from 38% last month. On the other hand the share of weak and thinned winter rapeseed increased from 20.3% to 25.5% as of March 18.
more22.03.2010
Ukraine. With investment, agriculture group sees best years ahead
While much of Ukraine’s economy has been severely punished by recession, many agriculture firms in the “breadbasket of Europe” prospered last year. Their future will be even brighter if investment pours in, as expected. To learn more about the sector’s prospects, the Kyiv Post turned to Anna Dudchenko, deputy chief executive officer of Sintal Agriculture, one of the nation’s larger agricultural groups.
more22.03.2010
Agricultural production on rise in Ukraine
The growth of agricultural production in January-February 2010, which amounted to 5.2% compared with the like period in 2009, is one of the highest rates for 2001-2010, said former Minister of Economy Bohdan Danylyshyn.
more22.03.2010
Turnover of port of Odessa (Ukraine) to decrease by 2.6% - to 4.49 million tons in Jan-Feb 2010
Cargo turnover in the port of Odessa demonstrated 2.6% year-over-year decrease for January-February 2010 - up to 4.49 million tons. As tviknaodessa reports, this year in January - February volumes of handled cargo significantly reduced, in particular it concerns grain cargoes in bulk - by 32.2% (to 589.2 thousand tons), ferrous metals - by 21.9% (to 832.5 tons). However, figures of processed containers significantly increased - by 49.6% (to 552.5 thousand tons), of bulk ore - by 33.6% (to 264.3 thousand tons).
more22.03.2010
Standard & Poors Upgrades Ukraine Rating
Standard & Poors has upgraded Ukraine s national scale debt rating from UaBBB to UaA. This followed the upgrade of Ukraine s sovereign ratings in foreign currency (from CCC+/C to B-/C), as well as in the national currency (from B-/C to B/B).
more22.03.2010
Europe, UK & Ireland Leadership Announcement
Kraft Foods has today announced that Trevor Bond, current President of Cadbury Britain & Ireland, is promoted to lead Kraft Foods’ country businesses in Europe. Trevor, 48, is a 23-year veteran of Cadbury, having started in Bournville and progressed through a variety of positions in the UK, the Americas and Asia.
more22.03.2010
Common Agriculture Policy after 2013: free market will not save European agriculture
The European Economic and Social Committee (EESC), as the first EU institution, rose to the challenge of providing a comprehensive vision for the future of the Common Agriculture Policy (CAP), in advance of the European Commission’s papers on the matter, due to be issued later this year and in 2011. The EESC’s opinion on this divisive and highly controversial issue was adopted with near-unanimity, a move that EESC Vice-President Seppo Kallio called «historical».
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