Economy
Russia
North Korea’s Economic Surge from Supplying Russia’s War in Ukraine
North Korea’s economy grew 3.7% in 2024, the fastest annual pace of growth in eight years, driven by Pyongyang’s expanding economic and military ties with Russia.
Aug. 30, 2025
War in Ukraine
Leading Businesses Damaged in Russiaʼs Strike on Kyiv
Russia’s attacks damaged the premises of two banks and an economics research center, while a restaurant was almost completely destroyed.
Aug. 29, 2025
Odesa
Ukraine Wants to Sell Odesa Portside Plant for $108 Million
The state-owned factory specializing in production of ammonia and carbamide has been languishing for years – only supplying oxygen and nitrogen for Ukraine’s critical needs during wartime.
Aug. 27, 2025
Energy
Gas Route Near Russia’s Ryazan Reportedly Targeted
As Kyiv and Moscow continue their tit-for-tat strikes on energy facilities, locals near Russia’s Ryazan reported an explosion on Monday near a state-controlled pipeline.
Aug. 27, 2025
Sanctions
US Postpones Sanctions Against Serbian Oil Firm Again
Majority-owned by Russian energy giant Gazprom, the company has successfully negotiated six extensions to avoid a broad package of sanctions originally due to take effect in February.
Aug. 27, 2025
Ukraine
Russia Strikes Energy Facilities in Poltava, Causes Partial Blackout in Sumy
Russia struck energy infrastructure in Poltava and Sumy, causing partial blackouts in Sumy. Ukrainian forces shot down 74 of 95 drones overnight, and crews are working to restore critical services.
Aug. 27, 2025
War in Ukraine
Ukraine Disrupted 17% of Russia’s Oil Refining Capacity
Ukrainian drone strikes on Russian oil and gas sites, carried out in response to Moscow’s attacks on its energy grid, have caused fuel shortages and disrupted key exports.
Aug. 27, 2025
India
US Tariffs on Indian Goods Double to 50% Over Russian Oil Purchases
The United States was India’s top export destination in 2024, with shipments worth $87.3 billion.
Aug. 27, 2025
Putin
‘White House Really Wanted to Put Out a Headline’ – Russia, US Quietly Talk Energy Deals During Ukraine Peace Push
The discussions centered on ExxonMobil’s potential return to the Sakhalin-1 oil and gas project in Russia’s Far East and the sale of American equipment for Russian liquefied natural gas ventures.
Aug. 26, 2025
Russia
India’s Richest Man Reportedly Made €724M From Russian Oil – and Helped Fuel Putin’s War
According to multiple reports, India’s Reliance Industries, led by billionaire Mukesh Ambani, made €724 million from Russian oil in 2024-25, emerging as a key hub propping up Putin’s war machine.
Aug. 26, 2025
Ukraine
EU Sends $4.7 Billion to Ukraine on Independence Day
The latest EU aid tranche includes two separate transactions: $3.6 billion from the Ukraine Facility and $1.2 billion from the G7-led ERA loan, backed by Russian frozen assets.
Aug. 25, 2025
Economy
Ukraine Faces 50% International Financing Gap Over Next Two Years
As Russia’s war enters its fourth year, Ukraine is funding defense from its own budget as international aid covers only half of the $74.8 billion needed for 2026–27.
Aug. 23, 2025
Ukraine
Ukraine Approves 2nd Package of Budget Amendments for Non-Military Expenses
Ukraine’s parliament, the Verkhovna Rada, approved a nearly $1 billion increase in non-military expenditures, covering digital transformation, schools, medicines and veterans’ support.
Aug. 21, 2025
War in Ukraine
American Flex Ltd. in Mukachevo Damaged After Russian Strike
During an overnight attack in western Ukraine, Russia targeted the plant of Flex Ltd, a US-based electronics manufacturing leader listed on Nasdaq, causing extensive damage and casualties.
Aug. 21, 2025
Ukraine
Epicenter Agro to Build 5-Million-Ton Grain Terminal in Ukraine
A subsidiary of Ukraine’s largest retailer group Epicenter K іs building a grain terminal on the Black Sea coast, which will handle 5 million tons of grain per year.
Aug. 20, 2025
Ukraine
Ukraine’s Real GDP Grew 1.7% in Q2 2025 – IER
Ukraine’s Q2 GDP grew on metallurgy, construction and defense output, but was curbed by farm losses, coal decline and Russian strikes on energy infrastructure.
Aug. 20, 2025
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