Page 6 - UKRRptNov21

On the political front Ukrainian president Volodymyr Zelenskiy continues to consolidate his power. The first days of November saw the start of a major Cabinet reshuffle with several ministers fired and replaced by those loyal to the president.
Zelenskiy faces the twin challenges of cracking down on the oligarchs’ power and a re-election campaign next year. He was hurt by revelations in the Pandora Paper leak that he has been making use of off shore companies, which is especially wounding as he campaigned and was elected on an anti corruption ticket.
The popularity of his Servant of the People (SOTP) party has now fallen to be on a par with the European Solidarity party headed by former President Petro Poroshenko, Zelenskiy main rival.
2.0 Politics 2.3 Politics - misc
Highlights of the G20 Summit:
Agreement to stop allocating funds for the construction of new coal-fired power plants abroad by the end of 2021.
Leaders reaffirmed that richer nations are to raise $100bn in aid for poor countries to combat climate change.
Declaration to limit global warming to the level of one and a half degrees Celsius compared to the pre-industrial level.
Supporting the OECD proposal to introduce a minimum global tax for multinational corporations at 15%.
The final declaration also states that the G20 leaders aim to increase the supply of vaccines and essential medical products to developing countries, and will seek a fair distribution of immunoprophylactic drugs.
The IMF took a big step to revive its long dormant $5 billion Stand-by Agreement with Ukraine. After a month-long review, an IMF staff team reached an agreement with Ukrainian officials on policies needed to unlock a $700 million tranche, the Fund reports from Washington. Next month, the IMF Executive Board is review Ukraine’s progress on free market reforms and its request to extend the original June 2020 program to June 2022.
Russian troop movements in southern and western Russia since the end of the Zapad 2021 military exercises ended in September,
6 UKRAINE Country Report November 2021 www.intellinews.com