Category: 9. Business
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How did the Ukrainian delegation’s meeting with Trump’s team in Washington go?
Head of the Office of the President of Ukraine Andriy Yermak met in Washington with Donald Trump’s special representative for the Russian-Ukrainian war, Keith Kellogg, National Security Advisor Mike Waltz, and Vice President-elect JD Vance. According to the WSJ,… Continue Reading
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NATO is discussing scenarios for ending the war in Ukraine through negotiations.
The governments of some NATO member states are talking about different scenarios that include security guarantees for Ukraine but also seek to avoid provoking Russian President Putin. According to sources, one of the options involves the creation of a demilitarized zone… Continue Reading
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Ukraine’s international reserves increased by 9.1% in November to $39.92B.
The National Bank explains that this dynamic is due, on the one hand, to significant volumes received from international partners and, on the other hand, to a decrease in the volume of net currency sales by the NBU on the foreign exchange market. In particular, $6.68B… Continue Reading
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Since the start of the full-scale invasion, Ukraine has received $105.9B in financial assistance.
The budget needs for this year have been covered, the Finance Committee of Parliament reported. The EU was the largest donor with $40.54B, the US came in second with $29.78B, and the IMF also provided $11.37B in assistance. Japan provided $6.57B, Canada – $5.41B, and… Continue Reading
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The EU is ready to fill in for the US if it withdraws from its $50B G7 loan agreement.
The European Union is prepared to financially compensate for the potential loss of the US’ contribution in the G7 agreement to provide Ukraine with a $50B loan. Politico quotes Polish Deputy Finance Minister Pawel Karbownik, who will start his presidency of the Council… Continue Reading
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Europe rushes to create a €500B defense fund as Trump nears his return to the White House.
EU countries are discussing a €500B joint fund for defense projects and arms purchases. US President-Elect Trump’s threat to scrap security guarantees for NATO allies that underspend on defense and support for Ukraine have prompted European capitals to explore more… Continue Reading
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Ukraine will stop the transit of Russian gas beginning January 1, 2025; if necessary, it will import through Slovakia and Poland.
The halt of Russian gas transit through the territory of Ukraine from January 1 will become a reality, said Deputy Head of the Ministry of Energy Roman Andarak during the Ukrainian Energy Security Dialogue 2024. According to him, transit will no longer be a decisive… Continue Reading
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Ukrainian biomethane can displace Russian gas from the EU market.
Ukrainian biomethane can become a key factor in reducing the European Union’s dependence on Russian gas, Deputy Minister of Energy Mykola Kolisnyk said. The EU is also helping Ukraine harmonize natural gas legislation to simplify biomethane export. According to… Continue Reading
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France wants to be part of the logistics, energy, and telecommunications recovery in Ukraine.
France is committed to facilitating the participation of French companies and other stakeholders in Ukraine’s reconstruction. In addition to concessional loans, export insurance, and military risks, France is supporting sectors that are essential for Ukrainian… Continue Reading
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By the end of Biden’s presidency, the US will have transferred all $61B in previously allocated aid.
As stated by US Secretary of State Antony Blinken, the US plans to exhaust Ukraine’s funding that has been approved by Congress by the end of Joe Biden’s presidential term. The Biden administration is going to increase US security support to further strengthen… Continue Reading