Category: 9. Business

The volume of the industrial output in Ukraine in January-June 2024 increased by 8.1% compared to the same period in 2023. In June, the indicator decreased by 0.3% compared to the corresponding month of the previous year and by 6.2% compared to May, according to the State Statistics Service. In… Continue Reading

As of January 1, 2024, the state’s debt to banks under the 5-7-9% Available Loans program amounted to ₴7.1B, and barring changes, by the end of 2024 this figure may reach ₴11.5B, according to the Accounting Chamber. It is reported that ₴34.7B was used to implement the program, including… Continue Reading

Saudi Arabia is ready to abandon its unofficial price target of $100 per barrel of oil as it prepares to increase production and protect market share, writes the FT. From December, Saudi Arabia will increase average daily production by 83,000 barrels per month. As a result, one million… Continue Reading

KUKE, Poland’s export credit agency, insured a Polish company’s production complex in Ukraine for more than $45 million. This is the first cooperation between KUKE and the World Bank Group’s investment guarantee agency, MIGA, after the signing of a memorandum of understanding at the… Continue Reading

Since the land market’s opening in 2021, the price of land in Ukraine has increased from ₴39,000/hectare to ₴46,000/hectare in 2024, and its value may increase by approximately 20% in the following years, Minister of Agrarian Policy Vitaly Koval said. “The land market is gradually… Continue Reading

President Zelenskyy stated at the UN Security Council that the war between Russia and Ukraine cannot be ended through negotiations alone, and Moscow must be forced to make peace. Zelenskyy called on Western leaders to support his Victory Plan to end the war. According to him, the war will end… Continue Reading

The EU will continue to support Ukraine, which resists Russian aggression, and this position will not depend on what the new US administration will do, EU High Representative Josep Borrell said in New York at the end of the UN Security Council meeting. In this way, he commented on the possible… Continue Reading

US President Joe Biden called on UN member states to be tireless in supporting Ukraine to help it win the war and preserve its freedom. “The world has yet another choice to make. Will we maintain our support, or will we abandon it and allow aggression to resume and destroy the nation? I know… Continue…

US Secretary of State Anthony Blinken said that to promote peace in Ukraine, it is necessary to stop Iran, North Korea, and China from enabling the Russian war machine. During his speech at the meeting of the UN Security Council, he recalled that Iran supplies UAVs to Russia, has built a… Continue Reading

If Pokrovsk is lost, steel production in Ukraine may fall by more than 50% due to a shortage of coking coal, said the head of Association of Enterprises Ukrmetalurgprom, Oleksandr Kalenkov. He noted that in Ukrainian-controlled territory sufficient resources now remain to produce 12 million… Continue Reading