tv [untitled] June 3, 2022 10:30pm-11:00pm EEST
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apartments in order to split the west in order to split europe and from the study of the names of the states with partners in the e-e to repeat, well, at the beginning of this war and it and such generatives will advance, the problem is that , unfortunately, such negatives are picked up by our societies and even in the western media in particular, cnn , which you are talking about, actually had a story about ukraine allegedly using ineffective weapons , allegedly that the weapons that are delivered to ukraine can end up on the black market in a third country. countries that need weapons and we will send them somewhere . especially since these are state channels and not some private ones. well, i don’t know where it is possible without documents. is there any way to send these weapons somewhere? so i really lived my own investigation starting, relatively speaking, with the pentagon ends
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the front line, that is, i first tried to find where exactly the source of this source of information that really we have problems, i mean from the united states, who is the official person who will confirm this problem to me. by the logistics commanders of the united states in europe and with the temporary representative of the united states at the time of the effective client and with other officials of the united states of america . weapons or humanitarian aid, such as bulletproof vests, helmets, first-aid kits, and so on. at first i said ok, let's go, maybe they don't want to say it officially, maybe there really are problems there, but not through official channels, and i
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i drove from the warehouses, relatively speaking, from the border with poland, how do they come to us there, to the front line, i saw and actually, with my own eyes, there are first-aid kits and , of course, weapons, and i talked with our military and i talked and i uh i received requests , answers to requests. excellent defense of ours, how were they distributed? well, in short, there is no problem, there is no problem, and what's more, the united states publicly acknowledges it here, including in our local law, and it included representatives of the usa who spoke about the fact that we we believe that ukraine effectively uses all the help it provides. that is, it is actually an information attack. the attack was an information special operation , which, unfortunately, received some kind of support in our society. well, today, today, this issue came up, but this is the case and you will not
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always happen, every day, almost they are something they are trying to destabilize it is because of the information war, let's see now in reality that's how the entire focus of russian propaganda is focused very much on the provision of missile weapons and they are very categorical about it all they say, let's see and wait. from what was declared, the main threat is this system that can go 300 km, football, and ukraine will not use it in donbas . we will have a polar full moral right to carry the entire center to make decisions in kyiv and something to make a decision, this is not only a bank street, this is the us embassy, which is accepted by the decision of the british embassy in germany
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it should be one-time collectors for this, we have destroyed them if this supply goes, then the entire transport system is also a possibility once already. there is another option . everything is against the air defense system in pobeko. well, we have many countries, and in america, and er , in asia, where we can also put it. well, we have one more minute, egor , please tell me already, i see a big plus no one says. at least among these, more of them are considered to be more official experts on radioactive ash. but do all these statements of russia affect the provision of missile weapons to us? which was voiced by a
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russian, this character is now on the air, i mean that these missiles can be used on the territory of the russian federation, they are actually being discussed in the united states, they and the united states have these fears, but we from my side we dispel these fears because we say that all the weapons that are supplied to ukraine and they cannot be divided into weapons and offensive weapons are all defense weapons for us and we need to unblock our territories, of which there are several in in some places it is 100 km 150 km away and we need to mine the enemy's rear with those long-range missiles that can be delivered by the russian federation, and by russian from our side, we mean the russian federation, but from the united states to us and here
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this is the main thing, in fact, and this is what we are talking about right now, we are talking about the systems of jet systems with a volley of fire, which became such well, first of all, there is a discussion . they are to us and how we will use them, i hope that we will receive them in the near future well, we also really hope for that, especially since there was a statement by at least biden that they will be delivered maybe a little less range, but will be. so we will wait because it should help us very much. thank you yehor junev, the head of the delegation of the verkhovna rada at the nato parliamentary assembly. thank you to the audience for today. we will meet on february 24. the date that changed us. the date that
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changed the world and now. what interests us most is our victory, when we will defeat the enemy, how to predict the course of the war, the saturday political club program returns to the espresso airwaves to help understand the events and predict the consequences that vitaliy portnikov and maria gurska will be to discuss the most relevant things to make a proper winter my name is cool winter two hours of airtime and my colleagues with you until 21:00 two hours of your time we will talk about the most important two hours to learn about the war our broadcast serhiy zgoretska military summaries of the day and how the world lives what there in the world yuriy the physicist will talk for two hours to be aware of the economic news of oleksandr marchenko's protest serhii talks about the economy during the war and new sports yevhen pastukhov is ready to talk about sports for 2 hours in
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the company of favorite presenters about culture during the war is ready to speak lina or something else that many people have become like, maybe the weather will give us some optimism mrs. natalka didenko is ready to tell us and we will also have distinguished guests of the studio today volodymyr hryshko if everything goes well the events of the day in two o'clock vasyl's big broadcast in the winter, a project for smart people and in the evening, naespresso. good evening. we are from ukraine. congratulations, this is the news of the economy during the war. i'm andriy yanitsky. on the internet, please like it. comment like this. more people will see us today, we will talk about the change in the discount rate of the national bank of ukraine, and we will also have new e-e news from
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agrarian markets, that's what we 'll start with. have created an electronic platform for collecting information about losses in the agricultural sector, farmers and agricultural enterprises can submit an application and notify them of the task of losses for processing authorities, in order to further attract compensation and compensation, it is possible to record the following destruction of land plots, infrastructure facilities, agricultural machinery, cargo and passenger cars, stocks of resources and equipment and equipment of animal husbandry and crop production, damage can be recorded at the link damage d-damage-agro .in.ua you should see it on the screen. so, now about the change in the
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discount rate. yesterday the national bank of ukraine changed the discount rate from 10 to 25%. this was unexpected news for many because they expected of course, the national bank can raise the e-e rate, which means the value of money, because inflation is high, but i did not expect that it would be so much, up to 25%, up to 25% per annum, what does it affect, why is it important, we will talk with the guest of our program, hleb vyshlinskyi the head of the economic strategy center mr. hleb, i congratulate you. good morning. so, the national bank has changed the discount rate . first of all, this is a screen saver, what does it affect, let's explain why. this is important news in ukraine. the discount
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rate, in addition to its symbolic meaning, any discount rate of the central bank affects directly uh on through the bank uh through two instruments the first instrument - these are financing creditors i.e. for example, if the bank does not have enough money there is not enough liquidity short-term usually due to various reasons then uh the bank attracts money in the national bank, according to the decision of the nbu yesterday, accordingly, banks will be able to attract these creditors to finance the stand plus two percentage points, that is, under 27%. and also if there is extra money in the bank, that is liquidity is the so-called excess liquidity when , for example, people and enterprises bring a lot of money to the banks, but for some reason
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. for example, now, because of the war, banks are in no hurry to lend and for some reason, they again do not want to buy government bonds , so they can to leave this free money in the national bank on the so-called deposit certificates, the rate for them is accordingly fixed as -2 percentage points from the discount rate. that is, it is 23% per annum , this is actually me. i will stop you, that is, from your words it turns out that the central bank stimulates commercial banks to curtail lending on the one hand and to return and give this money that they previously gave to the market as loans to the central bank itself and at the same time to take less money from the central bank, that is, there will be less money in the economy in essence it looks exactly like this. and as
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for refinancing, in the conditions of this excess liquidity, when most ukrainian banks have more than enough money, then this is a limited instrument that primarily concerns aa small groups of relatively weak banks, but certificates of deposit - this is really a very important instrument now, they are placed sums under 200 billion hryvnias every day and accordingly this is the threat because the tool of the national bank, the actual increase in the discount rate, will most likely have a limited impact, which is actually expected the national bank, in fact, if you read the official release of the nbu, then in the first paragraph, the most important thing is that it is the protection of the money of ukrainians from inflation, the protection of the nation, and it is limited, it will work because watch it
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will work yes, even if the bank does not see an opportunity to lend actively, it can place money on deposit certificates of the national bank at 23%, enough for such a limited scale, accordingly, then the bank is interested in attracting more deposits in order to have more of this free money, and accordingly, this is particularly may lead to an increase in deposit rates, and this will allow some of the cash that citizens have to be drawn into the banking system, in particular the cash that was withdrawn in the early days of the war or the cash that exists on this market where actually, in particular, the exchange of hryvnias for cash dollars takes place. and we actually saw this pressure in the last week, that is, two goals: citizens did not rush to buy foreign currency, but took their money to
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commercial banks at high deposit rates, and the second goal is to stop inflation, which according to forecasts for the end of this year should be 25%. well, more than 20% according to the forecasts of the central bank, if we say that inflation is unfolding precisely because people are actively spending money, and whether it will be possible to achieve it again here. among economists, yesterday there was a real , almost pre-war debate about whether this decision was correct, because in fact we understand that now the actual possibilities of influencing the discount rate are significantly smaller than they were before the war, when all channels were actively working. the national bank changed the bar rate relatively quickly when rates for deposits for loans, etc., and it worked
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as it should work, now you need to understand that there is, first of all, a very limited desire of banks to lend because, actually, there is a threat destruction of assets, cessation of business activities due to war, due to hostilities, and the guarantee or insurance mechanism has not yet been proposed by the state. this is one side. and the other side is that there is quite a lot of income due to additional payments in the large segment of citizens, in particular military law enforcement officers, but yes right here, er, well, that is, they are relatively so constrained in how to dispose of their money, they and so , in fact, this er, this additional liquidity is in the banking system, no one is at the forefront there runs to withdraw money from an atm and, accordingly, this will lead to the fact that, well, that is, in contrast
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to the pre-war situation, now we have deposits for individuals in large banks there somewhere up to 8% per annum, and we should not expect something there in a few weeks rate deposits will reach at least 20% there. yes, commercial banks have enough funds to buy these deposit certificates and not to attract additional money from the population, there is such a position well, there is really a discussion among the heads of the central bank before revising the rate what is atypical by the way usually this is a period of silence in the media when the top officials of the central bank do not express any of their opinions regarding changes in economic policy, but this time it did not happen like that and kyrylo shevchenko published his author 's column in the mirror of the week where he wrote that the country already recovered from the first shock of the war, there is no need for manual regulation of the economy, since there
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are already economic agents, that is, you and i, and all citizens and businesses have started to act rationally , have already started to look for their own advantage, and therefore it is already possible to apply the usual monetary market methods of managing the economy, that is, not to dictate what the exchange rate should be, and what the inflation should be. i don't know the prices, but a little at a time, and start letting them go, and in addition, the head of the central bank hinted that he has a job work out not only the nbu, but also the ministry of finance, the ministry of economy, and the government, in particular, to cancel tax benefits, which were also very useful at the beginning of the military operations, but now they are already harmful because they form a budget deficit. here's what you will say about it about tax benefits, well, this is actually an absolutely necessary thing, and it is about
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the bill that the government has already submitted to the verkhovna rada, which cancels the benefit on import vat, that is, on the payment of value added tax when importing goods into ukraine by those enterprises which are on this newly introduced single rate on the single tax of 2%. because in fact it turns out that before the war we brought iphones to ukraine and paid 20% to the budget for them. now the same importer is importing the same iphone but pays 2% on it. accordingly, it can theoretically have a positive effect on prices, but it can remain and the profits of the importer itself, but first of all, it creates an excess demand for imports, and accordingly, in war conditions, it creates pressure on the currency reserves of the national bank, and even worse in in those categories of iphones, and where actual imports compete with ukrainian goods,
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this essentially creates a tax preference for e-e imported goods and not goods of the domestic manufacturer, what concerns the ministries of the ministry of finance, there is another important aspect of this decision - this is what is actually for banks, and in particular for state banks of ukraine, the situation when the bonds of the ministry of finance are placed at 11%, and they can place money in certificates of deposit at 23%. it looks so quite obvious that uh. why is it twice as cheap to place, and accordingly this means that it is the direct and own management of the national bank yesterday about this and honestly stated direct pressure on the ministry of finance to raise rates for government bonds, but the rate is not a virtual thing, it means that if we raise
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today in a government bond at 25%, then the ministry of finance will have to give, and actually spend more budget money, more of our taxes to pay interest on the other hand, one cannot but agree with the national bank that if inflation really goes to 20%. and in fact, ukraine is not the only such country, for example, a similar situation is observed in the baltic countries in estonia, the last one annual inflation in annual terms is 19%, it’s also a matter that they released energy tariffs and we keep them , but still, if we have inflation that goes up to 20%, then, accordingly, the rates should be higher than inflation, well, prices are rising all over the world regardless of whether is there a war in the country or not? i still wonder how we are holding up so well that it is only 25%, despite the fact that they say that we can reach 40 to 45% of gdp by the end of the year, but in the same eurozone
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where everything is fine and there are no explosions, and russia eight and one percent of them are not bombed there yet for a year, now inflation is absolutely record-breaking. therefore, this is not something purely ukrainian. but you are right that the money of the ministry of finance should be attracted because it is in our budget. excuse me, there is a hole, and we have to take this money somewhere to pay salaries, pensions and the same payments to the military. this is the current situation with the budget. do you have the latest data? the latest data was published by the ministry of finance literally yesterday according to the implementation of the budget in may. until april and this is a good sign, you know, this means that the economy is waking up little by little and business
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activity in those territories where it can be introduced . it is starting to unfold little by little, on the other hand , expenses have increased even more and, first of all, this concerns the expenses, of course, for the armed forces of ukraine in general for a month by this, the budget deficit amounted to 115 billion hryvnias, if i'm not mistaken, that is, 4.4 billion dollars, and this growth is compared to april, when this deficit was 3, and to march, when it was 2.8 dollars, that is, despite that that well, for example, i had an expectation that the ministry of finance would still try to keep the budget deficit within the limits of four billion dollars, especially in the conditions when, in may, we again received insufficient external financing, and less
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than half of this deficit is covered by external financing, and still the ministry of finance was forced to finance more expenses. we actually saw in may the first cases of delayed salary payments, particularly in the budget sector. this indicates that the budget situation is extremely it is very important to adopt the draft law submitted by the government to the verkhovna rada regarding the return of import taxation, e.e. to stop these discussions that we need some kind of tax reduction, now it is actually absolutely impossible, and even with all the promises that our international donors have made to date, and we expect and the ministry of finance expects that in june the situation will be significantly corrected and there will be much more funding, but still, i don't
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think that anyone will finance our budget deficit on a permanent basis in such gigantic in addition, maybe we need to think about these generous payments to the security forces. it is one thing when we pay an additional 30,000 hryvnias every month to those soldiers who are actually in the combat zones and who directly participate in them and receive an additional 100 000 uah, but that's another matter . what, for example, do we pay all the national police, regardless of where these police officers work, an additional 30,000 uah, well, that's why mr. hleba tried to make a fool of himself, because i think it will be a really difficult discussion. thank you for your professional comment, i'll add that yesterday there were also ideas that the international monetary fund should be returned, but we will talk about the international monetary fund next week, mr. hlebo, thank you, it was gleb vyshlinskyi,
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the head of the center for economic strategy. and we have two more short news, in particular, how i promised first about nuclear energy and then also about agro. so, ukraine is ready to shut down the zaporizhzhia nuclear power plant, which is currently under occupation in the city of energodar. yuriy boyko, adviser to the head of the government, said that he does not rule out such a scenario. when the zaporizhzhia npp will have to be stopped, they will do so in case of the slightest threat, the largest nuclear power plant in europe is currently in the hands of the russians. at the beginning of march, the russians captured and even fired at one of the power units. in the energy times, they stated that there are about 500 russian military personnel at the station, and they are under their pressure . but for now he is controlling the situation. well, the news from turkey is positive, so cautious
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and positive. istanbul offers to unblock ukrainian ports through its mediation. anadolu news agency istanbul offers to work under the auspices of the un to solve the global food crisis. there have already been talks with official moscow and official kyiv. the details will be discussed in the coming days with the participation of representatives of all interested parties, i.e. ukraine, russia, turkey, and a representative from the un will also participate in the meeting. will discuss specific routes, the issue of cargo insurance, the issue of the security of merchant ships, including the demining of the black sea, sources in turkish diplomatic circles say that the official kyiv and moscow have positively evaluated the cooperation on the creation of such a grain corridor, today we will talk about the news of the economy during the war
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from monday to weekdays in the morning at 8:00 in the evening repeat watch us on the espresso tv channel together we will win on april 4 concert rrt illegally turned off the digital air of the ukrainian independent tv channels espresso fifth and direct, a petition was registered on the website of the cabinet of ministers of ukraine, in which it is demanded to return to the digital air the ukrainian tv channels to sign the petition first you need to register, it's very simple go to the website petition.tmu.gov.ua there go to the registration tab and enter all your data indicate your phone number and email confirm all your data enter the code that will be sent to your mobile create a password will certify that you are not a robot, give
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consent to the processing of personal data, check all your data again and click the register button to complete the registration , go to your specified email where the letter will arrive of the site click on the link in the letter that will now turn to the petition site enter your email password enter we return to the main page of the petition site open the petition about the return to the digital air of the ukrainian tv channels espresso of the fifth and direct press the button sign the petition the inscription signed will appear your signature is confirmed and taken into account, let's return together to the digital air ukrainian patriotic channels, we will not allow the freedom of speech to be destroyed in ukraine,
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i congratulate you on the air, the program of the ukrainian voice of america service, time, i am its host, ostap yarysh, 100 days of a full-scale russian invasion and strong ukrainian resistance, this time showed that the kremlin's hopes for a quick takeover of ukraine did not come true, according to the president of ukraine volodymyr zelenskyi, the us state department said that about 20% of the ukrainian territory is temporarily under the control of the occupying russian companies, while vselenskyi expressed confidence that in the end victory will be in ukraine, the same words were heard from us secretary of state anthony blinkin. we will talk more about this with yura yarmolenko, who joins us from
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