Economy
Top News
Russia's Rising Economic Crisis
Russia's facing a quagmire: Let up on government spending, triggering cuts that could hurt Putin's popularity, or keep printing rubles, seeking to "bail out" the economy, but creating wider inflation?
July 22, 2024
Ukraine
Ukraine Reaches $20 Billion Debt Restructure Deal With Key Bondholders
Thanks to the agreement, Ukraine expects to save $11.4 billion pivotal for its defense over the next three years.
July 22, 2024
Economy
Russian Media Says Ukraine Will Secure Eurobonds by Selling Land – Fact-Check
A Russian media outlet quoted an economist stating Ukraine will lower the price of land in the new debt agreement – which simply cannot happen due to the nature of a bond in any country.
July 21, 2024
Top News
Is Russia’s Economy About to Bust?
Russia’s Economy has been on a temporary “sugar high,” but now the high is coming down to reality, economist Volodymyr Lugovskyy tells Kyiv Post’s Jason Smart.
July 17, 2024
US
Economist Says Total Energy Embargo Will Make Russia Stop Its War on Ukraine
Ukraine should prepare for money to become more expensive until the war ends. Partners should slam Russia with sanctions without giving Moscow time to adapt, economist Yuriy Gorodnichenko says.
July 16, 2024
War in Ukraine
As Winter Approaches Ukrainians Seek Alternative Power and Heat Sources
As the continuing shortages of light and heat caused by Russian strikes threaten to extend into the winter, Ukrainians turn to both traditional and modern energy-efficient solutions.
July 15, 2024
War in Ukraine
Think Tank Concludes Bondholder’s Ukrainian Debt Proposal Is ‘Excessively Harsh’
New debt conditions set by Eurobond holders aren’t appropriate for a country at war – analysts suggest bonds backed by Western guarantees or proposals mirroring the EU Facility Program as alternatives
July 12, 2024
Saudi Arabia
Saudi Aramco Share Sale Rises to $12.35 Bn
Aramco reported record profits in 2022 – after Russia's invasion of Ukraine sent oil prices soaring, allowing Saudi Arabia to record its first budget surplus in nearly a decade.
July 10, 2024
Business
Saudi Arabia Threatened to Sell Off Europe’s Bonds If EU Seized Russian Assets – Bloomberg
Riyadh denied the Bloomberg report, saying it did not threaten to sell euro and French bonds as a way to influence the G7 into not seizing $280 billion of Russia’s frozen assets.
July 10, 2024
EU
Ex-Privatbank Owner Leaves Ukraine Due to Possible Suspicion Notice
Ukrainian oligarch Igor Kolomoisky’s partner, Gennady Bogolyubov, allegedly fled the country to avoid potential prosecution in the Privatbank criminal embezzlement case – spokesperson denies this.
July 10, 2024
EU
Dutch Good Growth Fund Becomes a Shareholder of Bank Lviv
In the first deal for Ukraine’s banking sector after the invasion, the Dutch invested €4.5 million in capital to purchase shares of a Ukrainian Swiss and Iceland-owned bank operating in Ukraine.
July 9, 2024
EU
Government Launched ePermits for Businesses – Another Step to EU Accession
Entrepreneurs in Ukraine can now manage their licenses online and complain in cases of license law violations, pay for administrative services and report on occupational health in the workplace.
July 9, 2024
Business
Ukraine’s Top Companies Helping to Rebuild Kyiv Children’s Hospital
Ukraine’s most successful companies announced they will help rebuild the destroyed Okhmadyt Children’s Hospital, and are now providing food, water and transportation for patients and staff.
July 9, 2024
Raiffeisen’s Bet on Russia Takes It To the Brink
For months, US envoys warned Austria’s Raiffeisen Bank to cut ties with a Russian oligarch. In May, Washington threatened to limit Raiffeisen's dollar access, jeopardizing its operations in Russia.
July 5, 2024
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