The Russian stock market experienced its worst decline in three years following the sharp comments from the Russian Foreign Ministry, which said that hopes for a resolution of the war in Ukraine have essentially disappeared. Specifically, Deputy Foreign Minister Sergei…
Category: 9. Business
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How has US support for Ukraine changed during the Obama, Biden, and Trump administrations?
During President Barack Obama’s tenure (2009–2016), which coincided with Russia’s annexation of Crimea, US commitments increased from $194M to $519M (in 2016).
During President Donald Trump’s first term (2017–2020), the US provided Ukraine with relatively…
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Belgium has outlined the framework for the provision of a reparation loan to Kyiv.
On the eve of the EU leadership summit on October 23, EU authorities are rushing to address Belgium’s concerns about using Russian assets to finance a €140B reparation loan for Ukraine, as reaching a political agreement at the coming meeting will pave the way for the…
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Hungary gives its support to a ban on Russian LNG imports to the EU.
Hungary has agreed to ban Russian liquefied natural gas (LNG) supplies as part of a new package of Russian sanctions that are being prepared by the European Union. At a meeting of EU ambassadors, Budapest’s representative did not raise any objections to the ban on…
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The capital’s shopping mall from the Dragon Capital portfolio is expanding its pool of foreign tenants.
The Piramida shopping mall, part of the Dragon Capital group of companies’ real estate holdings, has announced an expansion of its tenant base. In September, stores of the German brands Puma (404 square meters) and Adidas (383 square meters) opened. Both sporting goods…
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Hundreds of new stores have opened during the war: How is Sinsay’s expansion faring in Ukraine?
The Polish clothing and home goods chain Sinsay (LPP Group) started its operations in Ukraine in 2014. By 2021, the retailer had 33 stores in the country, and by 2024, this number grew to 186. As of October 2025, there are over 300 stores in the country. In 2024 alone,…
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Ukraine and Norway launch a €20M program to support defense startups.
Ukraine and Norway have signed a memorandum of cooperation for defense innovation. The document establishes the foundation for a joint Brave-Norway initiative that will promote the growth of defense tech startups and strengthen the technological partnership between the…
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Investors plan to invest $30M to develop an industrial park in the Ternopil region, which could potentially attract industrial sites worth ₴153B.
Ukrainian Industrial Cluster (Kharkiv) intends to build production facilities and educational centers with a cost of $30M in the Chortkiv West industrial park (Ternopil region) by 2028. Preliminary agreements with investors have already been signed. Initially, production…
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Poland has allocated over €57M to modernize logistics routes in the border regions with Ukraine.
The Polish government will invest more than €57.6M to develop road and rail infrastructure in these regions. Of this, €52.5M will fund projects within the framework of the Interreg NEXT Poland-Ukraine 2021-2027 program, focusing on road and rail connections, while…
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The global energy market: The Energy Institute, Kearney, and KPMG state that global energy consumption rose by 2% in 2024.
Demand continues to propel the development of both renewable and fossil fuel energy sources, which still make up 86% of the energy mix, according to researchers. Solar and wind energy saw a 16% growth, but this isn’t enough to meet climate targets. China contributed…
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