Category: 9. Business

Donald Trump and Kamala Harris held their first, and probably last, debate in the 2024 presidential race on September 10. Harris accused Trump of being willing to abandon US support for Ukraine in order to curry favor with Russian President Putin, calling Trump’s position shameful. “If… Continue Reading

UK Secretary of State for Defense, John Healey, said, “Ukrainians need to strengthen their front line in the east, and they will look to hold the territory in Kursk. The longer they hold Kursk, the weaker Putin becomes. The longer they hold Kursk, the better defended Ukraine will be.” Thus,… Continue Reading

According to a study by the Tony Blair Institute, the safe demining of Ukraine will require $34.6B and extraordinary innovation. At the same time, at the current funding level and with the use of traditional approaches to demining, it will take more than 100 years to complete. At present, about… Continue Reading

The IMF predicts the growth of Ukraine’s real GDP at 3% in 2024 with inflation at 9%, the National Bank reported following the IMF mission. The IMF emphasized that Ukrainian fiscal policy, high adaptability shown by the population and business community, and stable external financing all… Continue Reading

After the IMF’s Executive Board approves this agreement, Ukraine will receive another $1.1B tranche. As of the end of June, Ukraine has fulfilled all quantitative criteria and structural beacons. During the mission, the parties reached agreements on an updated list of measures to support… Continue Reading

The Ministry of Finance published an order defining the customs clearance procedure for biomethane transported by pipeline, allowing the export of biomethane to begin. The Gas Transmission System Operator of Ukraine will enable producers to export biomethane to Europe through interstate… Continue Reading

At the end of 2023, the Ukrainian defense industry was estimated at $3B. In 2024, this figure may increase to more than $5B; a notable part of this total is the defense tech segment. Domestic manufacturers’ market share is expected to grow by 5% every year and may reach 65% by 2027. The state… Continue…

The Russian National Settlement Depository has lost its case to remove EU sanctions imposed in connection with its role in financing the war. The depository came under EU sanctions in 2022 when the bloc said that as the main custodian of Russian securities, the organization allowed the Russian… Continue Reading

Iran’s military support for Russia, including the recent delivery of Fath-360 ballistic missiles, has led the US to impose sanctions on ten individuals and six entities, located in Iran and Russia, that were involved in the arms transfers. Iran Air, based in Tehran, provides both passenger… Continue Reading

The Ukrainian Ambassador to Turkey, Vasyl Bodnar, said that because of the free trade agreement with Turkey, Ukrainian manufacturers will have access to the Turkish market, which tends to be more closed; more than 90% of the industrial group and about 8% of the agricultural group of Ukrainian… Continue Reading