Category: 9. Business
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Inflation in Ukraine will begin to grow – prices will rise in the fall.
According to the State Statistics Service, zero inflation growth was recorded in Ukraine in July, but economists believe it will be different in August and the following months. The situation is unbalanced because enterprises are investing in generators because of mass blackouts. Therefore,… Continue Reading
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At the IMF’s request, Ukraine plans to introduce mandatory war risk insurance.
The Financial Stability Board supports a draft law that would create a fully functional military risk insurance system in Ukraine and will submit it to the parliament for consideration. The project provides for the introduction of mandatory insurance for certain objects and voluntary insurance… Continue Reading
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Britain supports Ukraine’s strikes with long-range missiles but is afraid of creating tension with the US.
Britain supports the idea of Ukraine using Storm Shadow missiles to strike targets in the Russian Federation but will not publicly call for this step because of the risk of a conflict with the US. Although the Storm Shadow is developed based on Anglo-French cooperation and is produced by… Continue Reading
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Romania wants to buy a Moldovan port on the border with Ukraine from the EBRD to create a center for post-war reconstruction.
The Romanian government will establish a working group to start negotiations with the European Bank for Reconstruction and Development to acquire the International Free Port of Giurgiulesti (PILG) on the Danube in Moldova. Giurgiulesti is the only port in the Republic of Moldova accessible to… Continue Reading
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Energoatom plans to build a new nuclear power plant with four power units in the Cherkasy region.
According to the National Nuclear Energy Generating Company Energoatom, the team is actively looking for sites to construct the NPP. The most promising of them is Chigyrinskyi, near the town of Orbita in Cherkasy Oblast. There are plans to build four new power units using Westinghouse AP1000… Continue Reading
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The invasion of the Kursk region is not as important to Russia as its offensive in the Donbas.
According to the NYT, citing Western officials and military experts, the reason that the Russian Federation has not yet been able to repel the country’s largest foreign invasion since the Second World War is not only a lack of personnel and intelligence but also a lack of priority. Although… Continue Reading
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Despite full storage capacity, Europe is at risk of a gas crisis this winter.
European gas storage facilities are full, and regional demand is falling to levels not seen since the early 1980s. However, prices remain elevated, having recently hit an eight-month high. The current volume of gas is sufficient if everything goes according to plan. If the winter is typical or… Continue Reading
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China has damaged Western manufacturing of microcircuits and military optics.
The FT reports that Beijing’s restrictions on the supply of germanium and gallium led to an almost two-fold increase in prices for these minerals in Europe over the past year. Beijing imposed the restrictions last year, saying they were needed to protect “national security and interests”… Continue Reading
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Zelenskyy summarizes the results of the Kursk operation and announces the plan for victory.
President Zelenskyy stated that the Kursk operation has achieved several things. First of all, the occupation of the Kharkiv Region was halted. Ukraine had information about the Russian Federation’s intent to create buffer zones in Kharkiv Oblast and then in the north (Sumy and Chernihiv… Continue Reading
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American officials believe that Ukraine has partially achieved its operational goals in the Kursk region.
According to the WSJ, the main goal of the Kursk operation is to change the prevailing narrative that Ukraine is unable to stop the Russian Federation’s military power. According to American officials, the Kursk operation has three main goals: to force Russia to withdraw troops from eastern… Continue Reading