NEW DELHI: The capital’s air quality continued to deteriorate for the fourth day running, with the city’s average AQI inching closer to ‘severe’ levels on Sunday. The day’s average air quality index was recorded at 370,…
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The new US sanctions have resulted in increased discounts on Russian oil.
The price gap between Russian Urals and Brent crude in Asia has reached its highest level in a year after major Indian and Chinese refiners reduced their purchases in response to sanctions affecting Russia’s leading oil companies. The price difference widened by $2 per…
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Ukraine was not able to reach an agreement to restructure its GDP warrants.
The MoF reported that negotiations with a committee representing institutional investors holding approximately 35% of Ukraine’s GDP warrants, which took place from October 16 to November 5, ended without a resolution. The Ukrainian government proposed converting GDP…
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Russia has intensified its targeted attacks on Ukraine’s power infrastructure.
According to Deputy Energy Minister Artem Nekrasov, Russia has adjusted its tactics and is now conducting simultaneous strikes on both generation facilities and electricity transmission and distribution networks. He noted that this strategy complicates efforts to quickly…
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Climate disasters displaced 250 million people in past 10 years, UN report finds | Climate crisis
Climate-related disasters forcibly displaced 250 million people globally over the past decade, the equivalent of 70,000 displacements every day, according to a report by the UN refugee agency (UNHCR). The figure includes people who have been…
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A Latvian company is supplying fiber-optic drones, and Ukrainian manufacturers have localized engine production for long-range UAVs.
In Latvia, private funding from Ardelta led to the creation of Ardlat, a startup that produces FPV drones with fiber-optic control that are equipped with proprietary reels containing cables and communication modules. The company has developed several reel options with…
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Ukraine awaits the EU’s decision on a reparations loan funded by frozen Russian assets, expected by December 19.
According to Deputy Prime Minister Taras Kachka, regardless of the decision, there will be no budget gaps for 2026-2027, as Ukraine’s partners have agreed on continued financial support. Meanwhile, Slovak PM Robert Fico reaffirmed Slovakia’s stance against using…
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A new fertilizer logistics hub is set to be constructed in the Odesa region.
Global Ocean Link has announced plans to develop a specialized logistics center dedicated to the processing, packaging, and storage of mineral fertilizers that will span 6,000 square meters. The facility will initially offer storage for up to 30,000 tons of product, with…
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Communities and investors are enhancing their collaboration to advance industrial park development.
A recent trend in this sector involves communities engaging with prospective investors during the early planning stages, prior to submitting documentation for state registration. For instance, the Nosivka City Council (Chernihiv region) has entered into an agreement with…
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Ukraine’s oilseed processing capacity has expanded by three million tons: The MoF is developing a digital system to oversee soybean and rapeseed exports.
Since the Russian full-scale invasion in 2022, three million tons of new oilseed processing capacity have become operational, with an equivalent amount now in the design and construction phase, according to Economy Minister Oleksiy Sobolev.
Sobolev highlighted that,…
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