Category: 9. Business

At the end of last week, Volodymyr Zelenskyy spoke with German Chancellor Olaf Scholz in Berlin. The president presented Ukraine’s Victory Plan to Scholz and discussed its key aspects. “This plan is a bridge to a successful Peace Summit, which will truly end the war,” Zelenskyy… Continue Reading

The creation of the Financial Intermediation Fund (FIF) to assist Ukraine was supported on October 10 by all members of the international financial organization, with the exception of Russia. The fund’s donors will be the US, Canada, and Japan. The size of the individual contributions has not… Continue Reading

The speaker of the US House of Representatives, Republican Mike Johnson, hopes that Donald Trump will win the presidential election, ending the war in Ukraine and eliminating the need for the approval of further aid. Johnson said he has no desire to continue funding Ukraine and hopes it would… Continue Reading

The President of Serbia, Aleksandar Vucic, did not congratulate Russian dictator Vladimir Putin on his birthday on October 7, instead taking part in the Ukraine-Southeast Europe summit on October 9, where he signed a declaration condemning the Russian attack on Ukraine. In late August, Vucic… Continue Reading

Strikes by Ukrainian forces against targets on Russian territory may affect Russia’s entire offensive operations in Ukraine, the ISW noted, after recent strikes on a warehouse containing Shahed drones in the Krasnodar region and in the Republic of Adygea. “Russian forces rely on Shahed… Continue Reading

Because of the retrospective increase in taxes from October 1, businesses are transferring their workers to the shadow employment sector. This will increase the shadow economy by 10 percentage points, which currently sits at 35%, Andriy Dligach, the founder of the Advanter Group, said.… Continue Reading

Consumer inflation accelerated to 8.6% year-on-year in September against 7.5% in August. “The actual pace of price growth was higher than the forecast published in the Inflation Report for July 2024. At the same time, core inflationary pressures also increased more strongly than forecast…. Continue Reading

Denmark plans to create an investment fund to develop the Ukrainian defense industry and accelerate weapons production. Investors will receive an ownership share, access to information, and the opportunity to create joint ventures with Ukrainian manufacturers. In turn, Slovakia will expand its… Continue Reading

The cost of insurance for ships passing through the Ukrainian Black Sea export corridor has increased significantly during the last week due to increased Russian attacks. The insurance price exceeds 1% of the value of the vessel, which is 0.75% more than the previous week. For a ship worth… Continue Reading

The MoF signed a fourth additional agreement with the Canadian government regarding a CAD 400M ($300M) loan. The loan is for ten years with an annual interest rate of 1.5%. The grace period is 4.5 years from the date Ukraine receives the funds. The funding will be directed to ensuring priority… Continue Reading