The Ukrainian government has taken the first practical step toward implementing agreements with the US on cooperation in critical raw materials. This entails preparations to open the Dobra lithium deposit in the Kirovohrad region to private investors. The Dobra deposit,…
Category: 9. Business
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The conflict between Iran and Israel has made it more challenging for the EU to lower the price cap on Russian oil.
Last week, the European Commission included a proposal in the draft of its Russian sanctions package to lower the price cap on oil from the current $60 per barrel to $45. Some member states that support the cap are worried that the proposal may lack the necessary…
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Germany has no plans to launch Russia’s Nord Stream, despite American efforts.
The German government does not intend to restart the Nord Stream 1 gas pipeline, used to transport Russian gas, or to launch Nord Stream 2, said Deputy Government Spokesperson Sebastian Hille. This statement followed reports that the pipeline operator’s debt, Nord…
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Foreign direct investment has fallen to its lowest level since 2005.
According to the World Bank, the flow of foreign direct investment to developing countries has decreased due to an increase in global trade barriers.
“What we are seeing is the result of government policy. It is no coincidence that foreign direct investment is falling…
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In the second half of the year, bank lending rates may return to last year’s levels of 17-18% per annum.
Under favorable economic conditions, rates on auto loans, loans for small and medium-sized businesses, and mortgages may align with the 2024 level: They are expected to decrease by an average of one percentage point to 17-18% per annum, noted Serhiy Mamedov, VP of the…
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The EC has approved a plan to completely abandon Russian gas and oil.
The European Commission has approved a legislative proposal that outlines a gradual phase-out of Russian gas and oil imports into the EU by the end of 2027, with the goal of enhancing the bloc’s energy independence and competitiveness. The regulation entails a gradual…
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A new housing initiative for internally displaced persons is being developed in Ukraine.
Ukrainian government representatives and the World Bank have discussed a new housing support program for internally displaced individuals. Presently, the HOPE housing repair project, jointly undertaken with the World Bank, is a key component of the government’s housing…
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Ukraine has already received nearly $18B in loans and grants from its international partners.
In the first five months of 2025, Ukraine received close to $18B in foreign aid through concessional loans and grants, according to an NBU report. By the end of the year, this amount could rise to $55B, primarily due to the expedited receipt of aid tranches under the ERA…
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How does the Ukrainian labor market look in the fourth year of the war?
At present, more than 70% of Ukrainian businesses are experiencing a notable personnel shortage. Contributing factors include not just the mobilization of conscripts but also internal migration and the labor outflow abroad. Analysts indicate that this gap is driving…
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Austria’s president publicly urges Putin to engage in serious peace negotiations.
“I appeal once again to those in power in the Kremlin to end this illegal war and start serious, honest negotiations. Mr. President Zelenskyy has assured us once again today that Ukraine is ready for this,” Austrian President Alexander van der Bellen emphasized on…
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