Category: 9. Business

During the NATO Summit in Washington, Ukraine’s allies announced a $1B aid package designed to strengthen Ukraine’s air defense. The US, Germany, and Romania will transfer additional strategic Patriot batteries. The Netherlands and other partners will supply these batteries with the… Continue Reading

said US Defense Secretary Lloyd Austin during the NATO Summit. He also emphasized that the NATO allies will strengthen their cooperation in supporting Ukraine’s defense. “And we are ready to agree on new financial assistance to Ukraine,” added the head of the US Defense Department. At the… Continue Reading

The US will insist that each NATO member state spend at least 2% of GDP on defense, said House Speaker Mike Johnson. “This week I will meet with the delegations from NATO countries, and I will raise this very important issue with each of them,” he said. He emphasized that the Republican… Continue Reading

The Minister of Strategic Industry of Ukraine noted that the path of the Ukrainian defense industry, in general, is integration with Western partners into their production ecosystem. Ukraine is developing cooperation in two basic directions – the EU and NATO countries. “We are becoming… Continue Reading

Italy plans to allocate $1.7B for military aid to Ukraine next year. This is Italy’s share in the total sum of $40B in assistance to Ukraine that is currently being discussed by NATO. The US will provide half of the contribution, flexibly distributed between direct military aid, goods and… Continue Reading

Another ₴300M ($7.5M) will be allocated from the state budget in addition to the ₴100M that was already announced for the restoration of the Okhmadyt Children’s Hospital in Kyiv, which was shelled by Russia on July 8. At the same time, people and businesses across the globe have already Continue Reading

Some holders of Ukrainian GDP warrants are planning to create a group that will represent their interests in restructuring sovereign debt, the data platform on public markets, and REDD companies reports. Warrant holders include both investment funds and hedge funds. The activity began after… Continue Reading

Inflation in Ukraine accelerated to 4.8% in June compared to the same month in 2023, the State Statistics Service reports. At the same time, in the previous three months, this indicator went almost unchanged, amounting to 3.2-3.3%. The sharp increase in June is associated with a 63.6% increase… Continue Reading

The Ministry of Economy updated its statistical data and revised their assumptions and forecast for Ukraine’s economic and social development in 2024. Accordingly, by the end of 2024, nominal GDP is expected to exceed ₴7.484T (in the previous forecast, it was ₴7.643T). Real GDP growth is… Continue Reading

US Ambassador to NATO Julianna Smith noted that the summit will feature fresh news on air defense for Ukraine. “We will have a financial commitment, according to which both Ukraine and Moscow will understand very clearly that we, the transatlantic partners, will not back down,” Smith… Continue Reading