Category: 9. Business

Canadian Prime Minister Mark Carney said that his country is allocating more than $1B to supply drones, ammunition, and armored vehicles to Ukraine next month. As well, Norway is allocating approximately NOK 7B ($695.7M) for Ukraine’s air defense. Norway and Germany…

The Ukrainian long-range drone FP-1 is entering mass production with approximately 3,000 units per month, similar to the production levels of the Russian Shahed-136, but the FP-1 is significantly cheaper due to different technological approaches. Fire Point, which only…

Helmut Brandstetter, Austrian MEP and member of the EP Foreign Affairs Committee, believes that the West should provide Ukraine with the $300B in frozen assets through a “reparations loan” mechanism, which could later be credited as compensation for the losses…

The Ukrainian Parliament adopted as a basis Bill No. 13219 aimed at improving competitive conditions for the production of electricity from renewable sources. The bill proposes shifting away from the green tariff model and transitioning to a system of auctions using a…

European Commissioner for Defense Andrius Kubilius stated that the EU will soon announce how many countries have requested defense loans through the SAFE instrument, which has a fund of €150B and is highly sought after.

“Later, perhaps in November, we will reveal how…

China continued to be Ukraine’s top trading partner in the first half of 2025, with nearly $9B in total trade turnover. Poland ranks second with over $6B, reaffirming its stable role as the main European hub for Ukrainian exports and imports. Germany holds third place…

The producer price index in July increased by 4.7% compared to July of the previous year, marking the smallest rise since April 2024, according to the State Statistics Service of Ukraine. In the main industrial sectors, prices increased as follows: In the extractive…

On the night of August 21, the Russian army deployed a record number of air attack vehicles into Ukraine: 574 drones and 40 missiles, many of which were shot down by Ukraine’s air defense forces. In the massive attack, civilian infrastructure, residential buildings,…

On the night of August 21, Ukraine’s Armed Forces targeted infrastructure and production facilities at the Novoshakhtinsky Oil Products Plant in Russia’s Rostov region. This marks the ninth refinery hit by Ukraine in August. Ukraine performed a strike near the fuel…

According to Russian Foreign Minister Sergei Lavrov, Putin is willing to meet President Zelenskyy if “all issues requiring discussion at the highest level are thoroughly resolved.” “Russia supports the principles of security guarantees agreed upon in Istanbul in 2022;…