Category: 9. Business
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More than 50 people died as a result of the Russian missile attack on an educational institution in Poltava; the US is preparing to provide long-range weapons to Ukraine.
On September 3, Russia launched two ballistic missiles at an academic institution and a hospital in Poltava. According to the Office of the Prosecutor General, as of Tuesday evening, the number of dead reached 51, and another 271 people were injured. On the same day, it became known that the US… Continue Reading
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Ukraine has doubled its national debt, and here is what will happen next.
During the 2.5 years of the full-scale war, Ukraine’s public debt has increased by 130% in hryvnia equivalent (+₴3.644B), and in foreign currency by 66% (+$62B). “Despite everything, the debt burden remains moderate and under control. In the first half of 2024, expenditures on servicing… Continue Reading
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A separate European Commissioner will handle EU enlargement; Stefanishyna presents Ukraine’s negotiation plan for next year.
In the renewed geostrategic conditions, EU enlargement has become a way to strengthen its international positions, so in the new composition of the EC, a separate European Commissioner will take care of enlargement issues, said EC President Ursula von der Leyen. “The enlarged EU gives us a… Continue Reading
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Ukraine will seek an invitation to NATO even before the Alliance’s next summit.
Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna said that Ukraine will seek an invitation to join NATO even before the Alliance summit, which will be held in The Hague in 2025. After the country is invited to NATO, the accession protocols are then ratified…. Continue Reading
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Fitch Ratings assesses Ukrainian Railway’s financial condition.
International rating agency Fitch Ratings raised the long-term default ratings of the issuer Ukrzaliznytsia (UZ) and its $894.9M in Eurobonds from C to CC. Despite a high probability of default, analysts do not consider it inevitable. Fitch believes that the company’s potential default will… Continue Reading
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Companies have become more active in the land market, which is increasing prices.
The volume of concluded purchase and sale agreements in the Ukrainian agricultural land market in July 2024 increased by 10.2% and by 4.3% in terms of the area of land in circulation compared to June. Also, purchase and sale prices resumed their growth after a slight decline in May-June… Continue Reading
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An artillery agreement with Norway will help Ukraine reduce its dependence on Western supplies of weapons and ammunition.
The Norwegian government has signed an agreement to transfer artillery production to Ukraine. If Ukraine produces Western-style howitzers and projectiles domestically, it will free itself from complete dependence on its allies for one of the most important means of self-defense. In this way,… Continue Reading
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What international practices should Ukraine borrow for its reconstruction?
Although Ukraine’s actual war losses are twice as high as those of some other countries following military conflicts and global cataclysms in recent decades, it can effectively use these countries’ collective recovery experience and adapt it to its realities. At the beginning of this year,… Continue Reading
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Faced with falling global prices, Ukraine risks losing its share of metallurgical exports.
The situation in the Ukrainian mining segment shows a significant recovery, which began after the sea corridor’s opening last year. However, due to a drop in prices on the global metallurgical market, in the second half of the year Ukraine may lose 16% of its export of pig iron, 13% of the… Continue Reading
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Owning a home is hard to afford even in wealthy countries: Prices are skyrocketing.
Half of the respondents from the countries of the Organization for Economic Cooperation and Development (OECD), which unites 38 countries with high individual income and a high human development index, are dissatisfied with the cost of housing. In the US, almost 60% of respondents are… Continue Reading