Category: 9. Business
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Grant support for businesses: What is being offered to light industry and eco-startups?
To strengthen the competitiveness of Ukrainian enterprises and develop the economy, the USAID Program will provide enterprises in the textile industry with equipment to expand production. Businesses must create at least 15 jobs and increase sales by $300,000 or more. In addition, Ukrainian… Continue Reading
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In August, Russia intensified its terror attacks against Ukraine’s civilian population.
According to the UN, at least 184 civilians were killed and 856 injured in Ukraine during August as a result of Russian aggression, making this month the second deadliest month for civilians in 2024, after July. The vast majority of civilian casualties (91%) and damage to educational and… Continue Reading
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Despite circumventing sanctions and increasing its oil sales, Russia has failed to increase profits.
Russia, due to the introduction of a complex of sanctions targeting trading companies and the shadow tanker fleet, and despite an increase in sales by 15-20%, cannot increase the profits generated from energy carriers’ exports, said Vladyslav Vlasyuk, the authorized representative of the… Continue Reading
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During the year, another 400,000 citizens have left Ukraine; Ukrainian war refugees are now approaching seven million.
From the beginning of January to August 19, the number of Ukrainian migrants abroad increased by almost 400,000 people and reaches 6.7 million people, reports the National Bank. The largest number of Ukrainian refugees are in Germany – 1.1 million people, Poland – 976,000 and the Czech… Continue Reading
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The 24th Ramstein brings $250M in aid from the US, missiles for air defense, and much more from other allies.
The Pentagon announced a new aid package to Ukraine worth $250M, which includes RIM-7 missiles and air defense support, Stinger missile, TOW missiles, HIMARS ammunition, 155 mm and 105 mm caliber ammunition, Javelin and AT-4 systems, Bradley infantry fighting vehicles, M113 armored personnel… Continue Reading
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The White House is working with Congress to save $6B in aid for Ukraine, and NATO will provide $40B in 2025.
The administration of the US president is conducting urgent negotiations with Congress to obtain permission to use $6B earmarked for Ukrainian military aid by the September 30 deadline, Reuters notes. The Presidential Drawdown Authority (PDA), a key component of the $61B aid package, allows the… Continue Reading
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The White House is working with Congress to save $6B in aid for Ukraine, and NATO will provide €40B in 2025.
The administration of the US president is conducting urgent negotiations with Congress to obtain permission to use $6B earmarked for Ukrainian military aid by the September 30 deadline, Reuters notes. The Presidential Drawdown Authority (PDA), a key component of the $61B aid package, allows the… Continue Reading
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Ukraine’s strategy is working: The Russian offensive slows down near Pokrovsk.
Russian troops have significantly reduced the pace of their offensive in the Donetsk region of Ukraine, according to DeepState. From September 2 to 6, Russian troops captured only 10 square kilometers on the outskirts of Pokrovsk, against 73 square kilometers of Ukrainian territory a week… Continue Reading
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The EU will spend €300M of revenues from frozen Russian assets to purchase weapons for Ukraine from French manufacturers.
As reported by the French Ministry of Defense, France has joined Ukraine’s new defense support program, established within the framework of the European Peace Fund. The program will allocate €1.4B in annual revenue generated from seized Russian assets to support Ukraine’s Armed Forces,… Continue Reading
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The NBU explains why Ukraine’s price growth accelerated in the summer.
In July, consumer inflation in Ukraine accelerated to 5.4% annually compared to 4.8% in June. According to the NBU’s estimates, the tendency toward accelerated consumer inflation continued in August. “The price pressure grew due to the increase in business costs for providing electricity,… Continue Reading