You're reading: Ukraine Digest: Nov. 10

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What we’re watching
  • Nov. 12 at 4:30 p.m. Kyiv time. U.S.-Ukraine Business Council. Expanding energy supplies in Ukraine through private sector-led production & imports. Register here.
  • Nov. 25 at noon Kyiv time. Chatham House online event: ‘Where is Ukraine’s Anti-Corruption Reform Heading?’. Participants include EU Anti-Corruption Programme Head Eka Tkeshelashvili. More information here.
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Top news
Coronavirus

Ukrainian politicians congratulate Biden, post pictures with him

When America’s top news organizations proclaimed former Vice President Joseph Biden the winner of the 2020 U.S. presidential election on Nov. 7, world leaders responded with congratulations. In Ukraine, a country that Biden visited six times while serving as vice president, political leaders lauded his electoral victory, while many politicians and officials were quick to publish the photos they had taken with Biden during his many visits to the country.

Business Update
Hryvnia – $: 28.1
Interfax: Bogdan Motors, Pivdenmash intend to jointly produce passenger cars, commercial vehicles
UNIAN: Foreign investors losing interest in Ukraine
Interfax: Shell, OMV and Uniper appeal decision, fine of Polish regulator in Nord Stream 2 case
Interfax: Ukrainian government sets task of increasing sovereign rating to ‘BB’ in 2022, ‘BBB’ in 2030
Interfax: Ukraine plans to attract $40 billion to develop power system by 2030 – presentation
Interfax: UIA to start flying to London Heathrow from Dec. 17
Interfax: Passenger traffic of Boryspil airport falls by 65% in 10 months
Interfax: lifecell sees income rise by 14.2%, net profit totals Hr 36.8 million in Q3
Interfax: NBU governor begins his visit to Washington with meeting with head of IMF mission in Ukraine
Interfax: Ex U.S. Ambassador Taylor: U.S. will continue supporting Ukraine’s sovereignty, independence, but is concerned about Constitutional Court ruling on e-declarations
Interfax: Lack of trust in judiciary is major obstacle to foreign investment in Ukraine- business survey
Interfax: Ukrainian government plans to increase dollar GDP by two-three times by 2030
Interfax: Annual flow of tourists in Ukraine to grow to 30 million foreigners, 60 million domestic travelers by 2030 – National Economic Strategy
Opinions
Christopher A. Hartwell: Why a Biden presidency might be a disaster for Central and Eastern Europe
Anna Nemtsova: Putin knows he’s in trouble now
Halya Coynash: Russia foists negotiations with Donbas proxies
Steven Pifer: Trump’s loss not necessarily Russia’s
Halya Coynash: Crimean leader praises FSB for terrorizing Crimean Tatars
Bohdan Nahaylo: Re-born in the USA and the signal for Ukraine
Serhiy Verlanov: Ukraine will never reform until oligarchs lose power
Bogdan Globa: LGBTQ rights in Ukraine and the false dawn of Zelensky
Vladislav Davidzon: Biden victory offers hope for Belarus democratic uprising
Olena Shevtsova, Tetyana Tyshchuk: Displaced but not disappeared
New York Times: Victory for Joe Biden, at last

Monopoly Nation

Many services and sectors of Ukraine’s economy are in the hands of one or a few dominant players who often faced token competition, if any at all, in acquiring their privileged or monopoly status from the government. Murky deals won by opaque companies continue to hold back the country’s economy.