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Archive for October 18th, 2010

Klychko wins vs Briggs

Posted by the Editor on October 18, 2010


News / 18 October 2010 | 17:06

Klychko wins vs Briggs

Klychko wins vs Briggs

Ukraine’s WBC heavyweight champion Vitaliy Klychko won bout vs American Shannon Briggs. “I am the strongest boxer in the world,” the winner told reporters after the fight.

“I am very happy to have won. Briggs was tough, he is a real man. I could not believe he was still standing after taking so many punches,” Vitaliy Klychko said. He also expressed disappointment in not being able to close the show, but reached a point where he was still content with the level of dominance exuded over all twelve rounds.

Vitaliy Klychko defended his WBC heavyweight title with a comprehensive points victory (120-105 by all three judges) over Shannon Briggs in Hamburg after a 12-round fight.

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Central bank: Ukrainian economy to rise 4% by year’s end

Posted by the Editor on October 18, 2010


News / 18 October 2010 | 14:33

Central bank: Ukrainian economy to rise 4% by year's end

Central bank: Ukrainian economy to rise 4% by year’s end

Almost all industries  of the real sector of economy, with the changing bases of comparison taken into account, in September 2010 demonstrated positive dynamics, which indicates a return to high economic growth rates shown in the first half of this year, the head of the group of advisers to the National Bank of Ukraine (NBU) governor, Valeriy Lytvytsky, believes.

“There was almost complete recovery of dynamics recorded in the first half – 5.5%,” he said, UKRINFORM reported.

Lytvytsky said that the best dynamics, taking into account the base in September, was seen in the construction – 2.6 percentage points (p.p.) and transport – 2.4 percentage points. The agricultural sector improved its rate by 1.6%, industry – by 1.1%, and trade – 0.8%.

He estimated that the pace of economic growth will likely be about 5.3-5.5% at end-September.

The head of the group of advisers to the NBU governor emphasized that compared to this June, the construction improved its rate by 6.7%, trade – 2.9%, the agricultural sector and transport worsened their performance accordingly by 3.9% and 3.8%.

He added that the dynamics in the industry did not change, and in the financial sector, the sector of real estate transactions and taxes on products it will not be worse, and even better than in July and August.

Lytvytsky also said that he still holds the view that the Ukrainian economy this year could rise by more than 4%.

The banker also noted that the September data is further evidence in favor of the fact that the main task today is to take full control of inflation expectations, as macro-risks in recent months have shifted toward price movement.

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Tymoshenko: We will defend the official status of the Ukrainian language

Posted by the Editor on October 18, 2010


News / 18 October 2010 | 12:48

Tymoshenko: We will defend the official status of the Ukrainian language

Tymoshenko: We will defend the official status of the Ukrainian language

Batkivshchyna will defend the status of Ukrainian as the only official language in Ukraine, says the party’s leader, Yulia Tymoshenko.

“We will do all we can to prevent a second official language from being introduced in Ukraine,” Yulia Tymoshenko said Sunday at a press conference, BYuT press office reported.

She did not rule out the possibility that BYuT would block the podium in parliament to prevent a vote on the language law.

Yulia Tymoshenko stressed that by raising the language issue, the government is trying to divert public attention from economic and social problems.

“They want to split society and hold elections based on division rather than unity. I don’t think that the official status of the Ukrainian language prevents other languages from developing freely.”

“I’m from a Russian-speaking family myself,” the head of the BYuT fraction said. “But my mother has never experienced discomfort that there is one state language – Ukrainian – in the country. I don’t want the tragedy of civil conflict to start with such laws.”

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Yanukovych calls to fight poverty

Posted by the Editor on October 18, 2010


News / 18 October 2010 | 11:01

Yanukovych calls to fight poverty

Yanukovych calls to fight poverty

Ukraine’s President Viktor Yanukovych called Ukrainians on Sunday to make joint efforts to defeat poverty in the country. Yanukovych addressed the nation on International Day for the Eradication of Poverty, the presidential press office reported.

“The reduction of the poverty level and its eradication depend on resolute efforts by every citizen who is indifferent to the fate of those who are suffering from poverty. That is why I am addressing representatives of state authority, socially responsible business and deputies of all levels and urging them to do their best to stem this social evil,” Yanukovych said.

According to Yanukovych, joint efforts could propel “Ukraine into the group of the most developed and prosperous countries in the world.”

According to data of the Ukrainian Labor Ministry, 26.4% of Ukrainians are living under the poverty line.

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