However, consumers continue to face a challenging economic situation, and austerity measures are hindering a full cost structure recovery, reported CBRE Ukraine. At the same time, the retail sentiment index in December reached 29.8 points, the highest level since the…
Category: 9. Business
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Russia has rejected Trump’s offer for peace in Ukraine. The White House now understands that there will be no quick deal.
Russia cannot accept the US’ proposal to end the war in their “current form” since they do not address the issues that Moscow considers the primary reasons for the invasion, stated Russian Deputy Foreign Minister Sergei Ryabkov. Notably, Moscow wants Ukraine to…
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500% tariff: The US Senate proposes new sanctions against Russia in retaliation for the Kremlin’s refusal to sign a peace deal.
Two US senators, Republican Lindsey Graham and Democrat Richard Blumenthal, have introduced a bill to impose new sanctions on Russia in response to the Kremlin’s refusal to sign a peace deal.
“The Senate is dominated by the view that Russia is the aggressor; this…
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The US wants the EU to continue purchasing American weapons and plans to simplify export processes.
The US has expressed its desire for Europe to continue acquiring American military equipment following the EU’s restrictions on American manufacturers from participating in arms tenders. Specifically, US Secretary of State Marco Rubio conveyed to the foreign ministers…
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Ukraine and Russia both present evidence of energy truce violations to the US.
Ukraine has provided the US with confirmation of Russian strikes on energy infrastructure, which breaches the ceasefire agreement. President Zelenskyy notes that Ukraine has documented every violation and expects a reciprocal response. Russia also sent the US, the UN,…
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Latvia will send Ukraine 1,500 drones, and Germany will provide an additional €11.25B military assistance package.
As part of a Latvian support package, the Armed Forces of Ukraine will receive 1,500 new combat drones. In total, two Latvian companies will deliver 12,000 drones to Ukraine worth €17M in the first half of this year, as part of the international drone coalition….
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Ukraine expects Germany to assist in opening negotiation clusters with the EU.
“Our country anticipates this will occur now, during the Polish presidency of the Council of the EU, and will continue during the Danish presidency,” emphasized Ivanna Klympush-Tsintsadze, head of the parliamentary committee, at a meeting with German Foreign Minister…
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Ukraine will need over $20B and over 10 years to restore land for the agricultural sector.
Restoring agricultural lands after the war will cost Ukraine over $20B, or about 15% of its pre-war GDP, and will take over 10 years, according to the Institute for Economic Research (IER).Ukraine owns 33% of the world’s black soil, but the war continues to destroy the…
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A new waste management system will be introduced in Ukraine, which will also include the establishment of a CHP that uses renewable fuels.
Initial cluster waste management concepts have been developed for various regions of Ukraine. One of the first concepts will focus on the Uzhhorod cluster in Transcarpathia. Currently, experts are analyzing and assessing the existing waste management system and…
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Which companies have been selected for a competition to construct new generating capacities?
A competition for the right to construct new generating capacities is currently taking place in Ukraine. The selection of participants is ongoing, and companies that have submitted project bids, with a total capacity exceeding 440 MW, are advancing to the next round,…
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