Category: 9. Business

The EU’s €140B reparation loan to Ukraine, secured by Russian assets, could cover €40B ($46B) of Ukraine’s $60B budget requirements for 2026-2027, while the remaining €100B is designated for defense, said Vladyslav Rashkovan, Ukraine’s IMF envoy. He explained…

The Ukrainian mining sector holds significant promise and has deposits of 24 out of 34 critical EU minerals, including lithium, graphite, and titanium. Although Ukraine’s investment attractiveness remains very low due to the war, the relevant index rose last year to…

The new EU sanctions target banks and cryptocurrency exchanges that Russia employs to bypass previously imposed restrictions. They also impact organizations in third countries, including India and China, that assist Russia in acquiring critical goods and technologies…

At the start of this week, Ukraine halted the filling of underground gas storage facilities amid the shelling of energy sector facilities and because of the suspension of imported gas supplies through Poland, according to the GTS Operator of Ukraine. As a result, on…

The funding round was led by venture capital firm Draper Associates, with participation from AeroX Ventures, Boscolo Intervest, High Point Ventures, Rockaway Ventures, and U.S. Air Force Techstars. The company, Vermeer, will use the capital for further technological…

A tunnel freezing facility for berries and vegetables will be established near Obukhov in the Kyiv region. The plant is scheduled to be constructed by the Goldberry company. The new processing line will enable the company to process between 1,000 and 2,000 tons of its…

European countries are cooperating with Ukraine on a 12-point peace proposal that would end hostilities along the current front line. The initiative is a response to Russian dictator Putin’s new demands to relinquish territory in exchange for a “peace deal”. The…

Russia launched multiple drone and missile strikes on Ukraine as the latest peace efforts from US President Donald Trump seem to be failing. During the night and morning of October 22, Ukraine shot down more than half of the 28 missiles fired by Russia, as well as 333…

President Trump mentioned the possibility of meeting Russian President Vladimir Putin in Budapest; however, this prospect has since been called into question. Nevertheless, Kirill Dmitriev, the Russian president’s special representative, confirmed that preparations for…

European Council President Antonio Costa announced that President Zelenskyy has been invited to the European Council meeting in Brussels on October 23. He mentioned that the meeting will cover, among other topics, additional support for Ukraine, which is resisting…