Category: 9. Business

EU countries bordering the conflict zone lose approximately a percentage point of their GDP growth each year as a result of Russia’s full-scale war against Ukraine, the European Commission’s autumn macro forecast reports. Over the first two years of the war…

The Russian offensive targeted energy infrastructure across seven Ukrainian regions using 476 attack drones and 48 missiles of various types. Ukrainian air defenses intercepted 483 aerial threats; however, seven missiles and 34 UAVs reached their targets. The affected…

The Russian offensive targeted energy infrastructure across seven Ukrainian regions using 476 attack drones and 48 missiles of various types. Ukrainian air defenses intercepted 483 aerial threats; however, seven missiles and 34 UAVs reached their targets. The affected…

The Russian offensive targeted energy infrastructure across seven Ukrainian regions using 476 attack drones and 48 missiles of various types. Ukrainian air defenses intercepted 483 aerial threats; however, seven missiles and 34 UAVs reached their targets. The affected…

The administration of US President Donald Trump is preparing to announce a framework designed to bring about an end to the Russian-Ukrainian conflict soon. Washington anticipates that all parties may reach consensus on the key elements of the proposed peace plan by the…

The US State Department has approved the sale of goods and services related to maintaining Patriot air defense systems, including launcher modernization components, for $105M. It is noted that “the agreement will contribute to achieving the goals of US foreign policy…

Russian arms exports, which previously brought in $14B annually to the country’s economy before its invasion of Ukraine, have decreased by half compared to 2022, said Sergey Chemezov, CEO of Rostec, a Russian state-owned defense conglomerate headquartered in Moscow….

According to Deputy Minister of Economy Pavlo Kartashov, speaking at the COP30 climate summit in Brazil, Ukraine will claim nearly $44B in damages attributable to increased emissions during the ongoing hostilities in the country. This case may set a precedent, as it…

The Ukrainian budget has already allocated ₴1B for this initiative, said Deputy Minister of Economy Andriy Telyupa. “Almost every large insurance company is currently ready to insure against war risks. However, this does not apply to frontline areas. But if you have…

The Czech Republic may begin importing Ukrainian oil by the end of the year. The matter has reportedly been deliberated between Polish company Orlen – owner of Czech refineries – and Ukrainian officials. Ukraine advanced this proposal following the destruction of…