Category: 9. Business

“This is the first visit of the head of the Indian government to our country in the history of bilateral relations,” President Zelenskyy’s administration emphasized. Officials will discuss issues of bilateral and multilateral cooperation. In turn, Bloomberg claims that India agreed to… Continue Reading

 In his report to President Volodymyr Zelenskyy, Commander-in-Chief Oleksandr Syrsky noted that the military is achieving its goals in the Kursk operation. As of the morning of August 19, the POW exchange fund continues to be replenished by captured Russian soldiers. Two days before, Syrsky… Continue Reading

Ukraine has launched an outstanding offensive into the Kursk region of Russia. According to the US Representative and Democrat Jake Auchincloss, Joe Biden can do three things to maximize Ukraine’s success.  Together with Volodymyr Zelenskyy, Biden should clearly define the concept of… Continue Reading

Ukraine’s economy will grow by 4% in 2024, inflation will accelerate to 8%, and the exchange rate is expected to be ₴42.6 to $1, according to an updated macro forecast from the ICU financial group. Analysts note that after a noticeable first quarter increase in GDP, growth will slow… Continue Reading

In 2023, the ten largest international corporations and banks still remaining in Russia paid approximately $1.78B in income tax to the Russian Federation. Among them are Raiffeisen Bank, Chery Automobile, Philip Morris, Japan Tobacco International, Nestle, UniCredit Bank, and Pepsi, according… Continue Reading

The government and a specialized committee of the Danish parliament discussed the allocation of about DKK 783M ($115.8 million) for the purchase of weapons for Ukraine. This aid package, the country’s 20th, will help meet Ukraine’s military needs both in the short and long term. Among the… Continue Reading

Companies and governments worldwide plan to build almost 1,600 plants for hydrogen production, including green production. This year, Ukraine unveiled its Hydrogen strategy until 2050 legislation and is considered one of the priority partners in the EU’s future hydrogen economy. However, as… Continue Reading

Deputy Chairman of the All-Ukrainian Agrarian Council Denis Marchuk stated: “Blackouts are returning, and producers will use generators, which significantly increases production costs. The energy produced by generators costs up to ₴30 per kW, so an increase in product prices is… Continue Reading

In response to a crisis in the river transportation market, the Ukrainian Danube Shipping Company (UDP) is switching to reduced working hours and optimizing the number of staff, which currently consists of more than 1,000 employees. The main reason behind this decision is the need for more… Continue Reading

European Commissioner for Energy Kadri Simson calls for intensifying efforts to support the Ukrainian energy industry ahead of winter. She noted that the Russian Federation has destroyed or captured about 9 GW of Ukrainian generation, which is half of the electricity Ukraine needs in winter…. Continue Reading