Category: 9. Business

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

After the latest massive attack by the Russian Federation, Ukraine will become a priority export market for American air defense systems, US President Joe Biden said. According to him, the US will increase its support for the Ukrainian energy industry after the latest mass shelling. Ukraine’s… Continue Reading

In January-July, ₴1T (58.1% of total expenditures) was allocated from the state budget to the security and defense sector, including ₴161.6B in July, reports the Ministry of Finance. According to Prime Minister Denys Shmyhal, the state budget currently lacks more than ₴500B for defense… Continue Reading

Ukraine aims to get all $300B in frozen Russian assets, Prime Minister of Ukraine Denys Shmyhal emphasized during the Ukraine 2024. Independence forum. He added that the first results of these efforts have already been achieved. Namely, the G7 countries have agreed to transfer $50B to Ukraine,… Continue Reading

The Ukrainian government is preparing to present to top US national security officials a list of targets in Russia that they believe could be the Ukrainian military can target if Washington lifts restrictions on the use of American weapons. Ukraine is using this list as a last-ditch effort to… Continue Reading

 Hungary will continue to maintain its ban on importing Ukrainian farm products but allow their transit and will lobby the EU to develop rules that consider Hungarian farmers’ interests. Deputy Minister of Economy of Ukraine Taras Kachka said that within the next 9-10 months Ukraine and the… Continue Reading

Although the Ukrainian foundry industry has lost approximately 50% of its capacity since the beginning of the war, and the existing enterprises are operating at 30-50% capacity, the industry continues to operate despite all the challenges of the war. The main problems in the foundry industry… Continue Reading

The Hungarian oil and gas company MOL has started negotiations on a new scheme for transporting Russian oil through Ukraine, and it will independently take responsibility for this process. The change in the supply scheme became necessary after Ukrainian authorities banned MOL’s main partner,… Continue Reading

In 2010-2021, the Ukrainian agricultural sector made a significant leap in development, employing 17% of Ukrainians who produce 19% of GDP, with 70% of its products exported, which is one of the highest indicators in Europe, the Ministry of Agrarian Policy reported. The Ukrainian products that… Continue Reading

According to analysts, in 2021 more than 35% of Ukrainians considered their well-being terrible, 47% rated it as average, and 13.9% called it good. In 2022, 9.6% of citizens were satisfied with their well-being. In 2023, 49.7% of Ukrainians considered their well-being average, 34% of… Continue Reading