US State Department Deputy Spokesperson Mignon Houston, commenting on the war in Ukraine, said that the United States seeks lasting peace in the region. According to her, Washington wants to continue to providing support with its ally, Kyiv, which is calling for a…
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Against the backdrop of Russian aggression, Poland is emerging as a NATO leader in defense spending and will have one of the largest tank arsenals in Europe by 2030.
Poland has signed a $6B contract with South Korea to purchase 180 K2 tanks. The expansion of Poland’s tank forces is driven by the full scale war being waged against Ukraine by Russia and the crisis on the Belarusian border that has been ongoing since 2021. Notably,…
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Since 2022, Russia has spent approximately $1T on the war against Ukraine.
According to estimates from the Main Intelligence Directorate of Ukraine’s Ministry of Defense that analysts have access to, the war in Ukraine accounts for 13.1% of Russia’s GDP, or 68% of the entire federal budget. Additionally, substantial funds are also being…
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Ukraine will be able to completely stop importing electricity in 2027.
The National Bank of Ukraine has now estimated that the electricity deficit will be at 1% by the end of this year compared to the previous estimate of 3%. It is also forecasted that in 2026 the deficit will stay at 1%, including imports. By 2027, the need for electricity…
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Ukraine is selling a unique rare earth metals production enterprise in Europe, as well as the Energostal Institute.
The State Property Fund has announced an auction for the sale of the state-owned stake in the Titanium Institute with an initial price of ₴99.77M ($2.4M). The auction will be held on August 12. The Titanium Institute is the only comprehensive research and design…
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Rocket alert sirens send millions to shelter as missile launched from Yemen
Rocket alert sirens sounded in areas of central Israel and the Jerusalem area early Tuesday morning following the launch of a ballistic missile from Yemen. The IDF said its aerial defense systems were operated to intercept the threat and later…
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The high yield of hryvnia instruments has contributed to an increase in savings among Ukrainians. Lending to businesses and individuals also grew actively.
Maintaining the discount rate at 15.5% in the second quarter of 2025 supported high yields from hryvnia instruments and encouraged demand from the public. At the same time, this did not hinder the active growth of loans to businesses and individuals, according to the…
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The BBC visits the Korean survivors of the Hiroshima bomb
Hyojung KimBBC Korean in Hapcheon
BBC/Hyojung KimLee Jung-soon, 88, is one of many nuclear bomb survivors who now lives in Hapcheon, South Korea At 08:15 on August 6, 1945, as a nuclear bomb was falling like a stone through the skies over…
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Ukraine is expected to continue losing population through emigration until 2027, with an additional 400,000 citizens anticipated to leave.
The National Bank of Ukraine projects that the net migration outflow this year will be around 200,000 people. According to the bank’s inflation report, migration outflows are forecasted to continue at a similar level in 2026. However, net return migration is expected…
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