The German government does not intend to restart the Nord Stream 1 gas pipeline, used to transport Russian gas, or to launch Nord Stream 2, said Deputy Government Spokesperson Sebastian Hille. This statement followed reports that the pipeline operator’s debt, Nord…
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Foreign direct investment has fallen to its lowest level since 2005.
According to the World Bank, the flow of foreign direct investment to developing countries has decreased due to an increase in global trade barriers.
“What we are seeing is the result of government policy. It is no coincidence that foreign direct investment is falling…
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Ukrainian Frontline Medics Scramble To Save Lives In Sumy
SUMY REGION, UKRAINE — A wounded Ukrainian soldier has just been carried in to a medical stabilization point close to the front line in Ukraine’s northern Sumy region. A piece of shrapnel is lodged in his leg.
“What time did they put the…
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Ukrainian Medics Scramble To Save Lives
Working from a makeshift “stabilization point,” Ukrainian military medics work fast to provide emergency care for the wounded, treating both soldiers and local civilians in the Sumy region. The area, near Russia’s border, is under heavy aerial bombardment from an assortment of weapons.
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In the second half of the year, bank lending rates may return to last year’s levels of 17-18% per annum.
Under favorable economic conditions, rates on auto loans, loans for small and medium-sized businesses, and mortgages may align with the 2024 level: They are expected to decrease by an average of one percentage point to 17-18% per annum, noted Serhiy Mamedov, VP of the…
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The EC has approved a plan to completely abandon Russian gas and oil.
The European Commission has approved a legislative proposal that outlines a gradual phase-out of Russian gas and oil imports into the EU by the end of 2027, with the goal of enhancing the bloc’s energy independence and competitiveness. The regulation entails a gradual…
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A new housing initiative for internally displaced persons is being developed in Ukraine.
Ukrainian government representatives and the World Bank have discussed a new housing support program for internally displaced individuals. Presently, the HOPE housing repair project, jointly undertaken with the World Bank, is a key component of the government’s housing…
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Ukraine has already received nearly $18B in loans and grants from its international partners.
In the first five months of 2025, Ukraine received close to $18B in foreign aid through concessional loans and grants, according to an NBU report. By the end of the year, this amount could rise to $55B, primarily due to the expedited receipt of aid tranches under the ERA…
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Photos show Kenyan police officer shooting a civilian at close range
NAIROBI, Kenya (AP) — An Associated Press photographer captured the shooting of a civilian by a Kenyan police officer in the head at close range on Tuesday, during the latest protest against the…
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G7 leaders agree on AI adoption, critical minerals, but not Ukraine
Leaders of the G7 have reached agreements on a “human-centric approach” to artificial intelligence adoption, fighting transnational oppression and creating standards-based markets for critical minerals, but not on holding Russia to…
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