Latest
War in Ukraine
Ukrainian steel production could plummet from a projected 7.5 million tons to as low as 2-3 million tons annually if control over the mine is permanently lost.
12h ago
Ukraine
EBRD wants to create insurance protection for domestic cargo, motor vehicle damage, and railway rolling stock since the internal financial market does not cover these categories.
17h ago
Ukraine
Inflation increased above the central bank’s maximum forecast, forcing monetary governors to lower the heat by raising the key rate by half a percent– but it should decelerate in 2025.
1d ago
US
Serhii Marchenko said Ukraine has enough resources to last until mid-2025, while stressing the importance of building trust and negotiating with the new US administration.
1d ago
War in Ukraine
Germany’s trade with Russia thrives despite EU sanctions, with loopholes in oil, gas, and steel sectors continuing to fund Putin’s war.
2d ago
US
Chinese companies are cutting back on sales of drone components to the US and Europe, and bigger restrictions might be coming next year.
2d ago
Ukraine
The US has announced it would disburse $20 billion to Ukraine funded by interest from frozen Russian assets as part of a larger $50 billion aid G7 support package agreed upon in October.
Dec. 10
Ukraine
Consensus forecasts from investment banks and thinktanks foresee Ukraine’s 2025 GDP rising to $200 Billion and inflation tapering off slightly at about 7 percent.
Dec. 9
Russia
Faced with few options to finance its war on Ukraine, the Kremlin has boosted its gold holdings to record levels, sold on “trade routes” for hard currency. Spot prices have soared.
Dec. 8
Russia
Russia’s central bank has taken interest rates to a two-decade high of 21% as Moscow battles to stem the economic fallout from its military offensive on Ukraine and a Western sanctions.
Dec. 6
Russia
A source told Kyiv Post that HUR hackers targeted one of Russia’s largest banks, disrupting online payments and money transfers for hundreds of thousands of customers.
Dec. 5
War in Ukraine
Half of Ukraine’s state budget is reliant on financial aid from other countries because of defending itself against Russia, and returning to pre-war normal is “impossible” during wartime.
Nov. 30
Ukraine
Ukrainian leaders have updated the rules for reserving conscripts at critical enterprises, a procedure that would exempt them from military duty and allow them to continue working.
Nov. 30
War in Ukraine
After Moscow’s latest strikes on Ukraine’s power grid, Biden drives home a message of urgency; More drone attacks on Kyiv; As Russian economy goes into full meltdown, oligarchs are furious.
Nov. 29
War in Ukraine
Americans can be grateful to Putin this Thanksgiving for contributing to the higher price of a traditional turkey dinner since he launched Russia’s invasion of Ukraine in 2022.
Nov. 29
Denmark
Danish companies will be able to more easily access the relevant Ukrainian authorities, quickly addressing the business-related issues that they face.
Nov. 28
Faced with few options to finance its war on Ukraine, the Kremlin has boosted its gold holdings to record levels, sold on “trade routes” for hard currency. Spot prices have soared.
Dec. 8