In response to the end of the era of the US-provided security umbrella for Europe, the Kremlin is stepping up its aggressive policy. Russia has completely shifted its economy to a war footing, spending 40% of its federal budget on its military, and has not abandoned its…
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Ukrainian drones reportedly strike Russia’s Volgograd oil refinery
Editor’s note: This is a developing story and is being updated.
Ukrainian drones targeted Russia’s Volgograd oil refinery overnight Feb. 11, setting the site ablaze, local media reported.
Russia’s Defense Ministry earlier claimed that it had shot…
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The EU is developing an unprecedented five-step plan that could grant Ukraine partial membership in the bloc as early as 2027.
The plan effectively brings countries into the bloc at the beginning of the process of fulfilling membership criteria, rather than at the end.
The first step is preparing Ukraine for EU accession. It involves informal recommendations from Europeans in negotiation…
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Experts identify the most profitable Ukrainian agricultural export categories in 2025.
According to the Ukrainian Agrarian Business Club, the list of top-performing agricultural export categories last year included sunflower oil, corn, wheat, soybeans, and poultry meat. The leading three export commodities remained unchanged throughout the year. Meanwhile,…
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Alebor Group has acquired a company in a deal worth $10M, which includes a 6,000-hectare land reserve in central Ukraine.
The Antimonopoly Committee of Ukraine has approved the purchase, by a founder of Alebor Group, of an agricultural asset that is part of Agroprosperis, whose main investor is the US multinational investment group, NCH Capital. With the ruling the regulator has decided to…
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New purchases of US weapons for Ukraine through the PURL initiative are expected this week.
US Ambassador to NATO Matthew Whitaker stated that the US expects NATO allies to announce new purchases of US weapons for Ukraine under the PURL initiative during the NATO defense ministers’ meeting in Brussels on February 12. “In approximately six months since the…
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As a result of Ukrainian strikes, the Russian oil and gas industry’s losses are estimated at $13B for last year.
Russian oil companies suffered losses of more than ₽1T ($12.94B) from strikes by Ukrainian drones on oil and gas facilities, particularly on oil refineries, said Yevgeny Borovikov, a top manager at Mains, an insurance broker.
According to Western analysts, last year…
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In the last four years, 1.4 GW of gas-powered electricity generation has been established, with an additional 3 GW in development.
Since Russia’s full-scale invasion began, 1.4 GW of gas-powered distributed power generation capacity has been launched, according to the Ministry of Energy. Of this, 1.1 GW is connected to the grid, and 0.3 GW is used for self-sufficiency. In January alone, 192 MW of…
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Ukrainian defense startup Bravo Dynamics has raised $90,000 from a Swedish investor.
The company develops Phantom tactical communication systems for unmanned platforms and ground robots in challenging electronic warfare (EW) conditions. It secured the funding from Hede Capital Partners AB. Bravo Dynamics promotes Phantom as a solution for situations in…
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IOC bans Ukrainian skeleton racer’s helmet showing victims of Russian invasion
The International Olympic Committee says it will not allow a Ukrainian skeleton racer to compete wearing a helmet featuring athletes killed during Russia’s invasion.
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