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War in Ukraine
Job Cuts Hit Russian Industries as Exports Decline, Economy Slows
Russia’s heavy industries are cutting jobs and reducing work hours as cement, coal, metal, and car making sectors face falling demand and shrinking exports.
Oct. 10, 2025
Economy
Inflation in Ukraine Update: September Inflation Slashed by 1.3%
Annual inflation in September was estimated at 11.9%, adding to the hopes it will soon become one-digit.
Oct. 10, 2025
EU
Ukraine Allocates Additional $882 Million to Defense Against Russia
Defense Minister Denys Shmyhal said that the money will be spent on purchasing weapons and military equipment and developing Ukraine’s defense industry, among other things.
Oct. 8, 2025
Energy
Russia’s Payment System Warns of Expired Visa, Mastercard Chip Certificates
Banks in Russia face a decision on whether to keep processing payments on expired Visa and Mastercard cards after chip security certificates expired on Jan. 1, 2025, raising new security concerns.
Oct. 8, 2025
Ukraine
Monobank Developer Becomes Ukraine’s First Fintech ‘Unicorn’ After US Fund Investment
Fintech-IT Group, the developer behind Monobank, reached $1 billion in value thanks to an investment from the Ukraine-Moldova American Enterprise Fund, its first external backer.
Oct. 7, 2025
Russia
Russia Eyes Economic Boost With Visa-Free Travel Deals With China, Saudi Arabia, Malaysia
The Kremlin has been working to relax visa requirements for several countries in recent months, seeing tourism revenue as a potential lifeline for its ailing war economy.
Oct. 7, 2025
War in Ukraine
OPINION: Russia – Western Business Knew the Risks
The interests of Western taxpayers should come first.
Oct. 5, 2025
Ukraine
Ukraine Prepares to Sell State-Owned Sense Bank, Ukrgasbank
Sense Bank used to be Russian-owned Alfa Bank and earned a reputation for being a prominent retail and business bank, while Ukrgasbank earned a niche in working with energy projects.
Oct. 3, 2025
Kremlin Insists Economy Is Stable as Budget Deficit Hits $80B
The Kremlin says Russia’s macroeconomic stability is “absolutely secured,” even as its budget deficit surpasses $80 billion (approximately €70 billion) and oil prices tumble to around $65 per barrel (roughly $1.55 per gallon or €0.38 per liter).
June 23, 2026
