Economy
War in Ukraine
Germany’s GDP Costs Could Increase by up to 20 Times if Russia Wins
Germany is now paying 0.1% of its GDP for military aid to Ukraine, but Russian victory in Ukraine could lead to costs of up to 10-20 times more than its current military support levels.
Nov. 5, 2024
Sanctioned Former Russian Central Banker Elected to IMF Executive Board
The outgoing Russian executive director announced in September that Yudaeva, a former adviser to Bank of Russia Governor Elvira Nabiullina, would become the country’s new representative.
Nov. 4, 2024
ICU Weekly Insight: New Bonds, Hryvnia Rate Fluctuations And Worse Forecast
Changes in government bonds offering set, the central bank increases UAH rate fluctuations and worsens forecast for 2025. Weekly Insight for Nov. 4
Nov. 4, 2024
Energy
Harshest Winter Yet: Will Ukraine Withstand New Russian Attacks on Its Energy Sector?
A challenging winter awaits Ukraine due to limited air defense and increased cooperation between Russia and its allies. What is Ukraine doing about it?
Nov. 2, 2024
Ukraine
Central Bank Keeps Key Rate to Stave Off Inflation
Ukraine’s central bank is maintaining the key rate at 13% and will keep it there for the first part of 2025 to mitigate higher risk of inflation.
Oct. 31, 2024
Bond Market Insight: Ukraine Borrows Less Despite High Demand
Ukraine's Ministry of Finance received the same demand for government bonds, but borrowed less. Bond Market Insight for Oct. 30
Oct. 31, 2024
Top News
FACT-CHECK: BRICS Banknote Is a Joke, But Russia’s Trade Bloc Is Not
A new BRICS banknote unveiled at Kazan's BRICS summit is unlikely to work, but Russia is developing other means to lessen dependence on the West.
Oct. 30, 2024
Top News
Europe Allows Ukraine to Increase Electricity Imports
The EU regulator has allowed Ukraine to increase electricity supply from EU countries, as Ukraine braces for a hard winter
Oct. 29, 2024
ICU Weekly Insight: Eurobond Price and Bond Volumes Increases, Hryvnia Devaluates
Demand for military bonds increases, Eurobond prices continue to rise, Ukraine's central bank weakens hryvnia. Weekly Insight for Oct. 28
Oct. 28, 2024
Ukraine
Ukraine’s GDP Growth is Downgraded, But It’s Doing ‘Marvelously,’ IMF Rep States
The IMF praised Ukraine’s government for steering the economic policy during wartime, even though the fund downgraded its growth outlook due to Russia’s strikes on energy infrastructure.
Oct. 26, 2024
Business
First M&A Deal Since Invasion: How TAS Group Bought Idea Bank
Eight potential owners were competing to buy the bank in a fire sale initiate following a criminal investigation in Poland – but there was a strong desire to purchase the bank long before the war.
Oct. 26, 2024
War in Ukraine
Russia Hikes Interest Rates to 20-year High
Russia's financial difficulties soaring as inflation grows, interest rates are raised above 'emergency levels,' and no agreement with partners on an alternative international payment system achieved.
Oct. 25, 2024
Europe
Europe Does Not Lift Growth to Its Potential, IMF Rep States
The IMF blasts Europe with criticism of low productivity and low freedom for capital, goods and services – it holds the economic growth back and makes Europe poorer than the US.
Oct. 25, 2024
Russia
Russian Economy Is Overheating, IMF Rep States
Despite the 3.6% real GDP growth the IMF projects for Russia in 2024, the long-term economic prospects are constrained by high demand that local production and imports are unable to meet.
Oct. 25, 2024
Economy
US to Provide Ukraine $20 Billion Loan Backed by Frozen Russian Assets
Out of the $50 billion Ukraine is expecting, the US will provide $20 billion, the EU’s contribution is up to $35 billion, the UK $3 billion, while Japan and Canada have yet to announce their decisions
Oct. 24, 2024
G7
EU Parliament Approves €35 Billion for Ukraine Recouped from Russian Assets – Unclear if Available for Defense
Windfall profits from frozen Russian state assets will be used to repay the loan, but it remains unclear how much the EU will actually disburse and allow Ukraine to spend on defense.
Oct. 24, 2024
Loading More Posts