Category: 9. Business

The US Senate will consider a bill that would allow President Donald Trump to impose 500% tariffs on countries that buy Russian goods, Republican Senator Lindsey Graham said. However, Ukrainian President’s Commissioner for Sanctions Policy Vladyslav Vlasyuk believes…

Andriy Ozeychuk, head of the Rauta engineering and construction firm, noted that construction costs in Ukraine have increased by 70% since the full-scale war commenced. In 2024, expenses for building materials and services rose by 24%, significantly impacting project…

The Ukrainian military has retaken positions and is holding territory in the Kursk and Belgorod regions, and the containment of a significant group of Russian troops at the border continues, said Oleksandr Syrsky, the Commander-in-Chief of Ukraine’s Armed Forces….

Ukrainian Economy Minister Yulia Svyrydenko said that after signing the mineral deal with the US her department is working with US Treasury Secretary Scott Bessent and the International Development Finance Corporation (DFC) to launch the first projects. Svyrydenko…

Ukrainian President Volodymyr Zelenskyy announced that Switzerland plans to allocate CHF 5B (approximately $6.2B) to rebuild Ukraine. “We have many promising projects in the humanitarian sphere, which we can jointly implement with these funds,” he…

Excalibur Army, part of the Czechoslovak Group holding, has opened a representative office in Ukraine and is preparing to begin ammunition production in the country. This move will help boost production capacity and strengthen defense cooperation with Ukraine. The office…

Using frozen Russian assets to strengthen Ukraine’s economy and defense is a legitimate and necessary step, but Europe needs to act immediately to seize them, says French Hill, the chairman of the U.S. House of Representatives Financial Services Committee. He believes…

Politicians are also advocating for more air defense aid in a joint letter to German Chancellor Friedrich Merz written by representatives of the Green Party. Specifically, they are dissatisfied with the small increase in the military budget earmarked for Ukraine, from…

German Defense Minister Boris Pistorius plans to establish a sustained effort to aid Ukraine’s air defense, said Mitko Müller, a spokesman for the German Defense Ministry. He explained that this continues last year’s Immediate Action on Air Defense initiative,…

“We anticipate the signing of defense sector agreements with Ukrainian and international partners in production, innovation, and technology,” according to the Ministry of Economy. The team from the Ministry and the European Commission also aim to announce 18 programs…