Category: 9. Business
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Moldova aspires to become a central logistics hub between the East and West, and invests €30M in infrastructure.
This year, Moldova plans to complete a project feasibility study for the construction of the country’s first multimodal logistics complex at the Beresti train station in Ungeny (5 km from the border with Romania). According to estimates, this facility will serve up to 200,000 trucks annually,… Continue Reading
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Borrell calls for Ukraine to be allowed to strike military targets in the Russian Federation.
EU High Representative for Foreign Affairs Josep Borrell supports the lifting of all restrictions on Ukrainian strikes on military facilities inside the Russian Federation, as this will help to incline Putin to peace negotiations. The diplomat noted that the Ukrainian offensive operation in… Continue Reading
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Ukraine set a new distance record for attacking enemy objects in Russia – drones have reached the Arctic Circle.
On August 21, Ukrainian drones attacked the Murmansk region for the first time. Their target was the Olenya military airfield, where Tu-95MS and Tu-22M3 strategic missile carriers are stationed. The drones covered more than 1,800 km from launch to target. The previous record was set by the… Continue Reading
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The Russian war in Ukraine is driving development in the American military-industrial complex; cheap cruise missiles are on the horizon.
American startup Ares Industries is creating a new anti-ship cruise missile class that is “10 times smaller and with a 10 times cheaper form factor.” Ares Industries’ missiles will be compatible with existing launch platforms, deliver smaller payloads at high subsonic speeds and… Continue Reading
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The first time in 25 years, the trade turnover between Russia and the EU has fallen below €5B.
In June, Russian-EU trade turnover amounted to €4.9B, falling by 10%. Eurostat data shows this is the lowest figure since September 1999, when turnover was equal to €4.6B. In June, the supply of Russian goods to the EU decreased by 14% compared to May and amounted to €2.5B, the lowest… Continue Reading
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In July, Ukraine increased its steel production by 18% and maintained its Worldsteel global ranking.
In July, Ukraine increased steel production by 18% compared to July 2023, reaching 709,000 tons. The country retained 20th place in the Worldsteel rating. However, compared to June, the indicator decreased by 3.5% (from 735,000 tons). In July, most of the top ten countries again increased their… Continue Reading
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A junk bond fund moves significantly ahead of its competitors by absorbing debt from Ukrainian companies.
As Bloomberg explains, Ukraine is in a state of war for the third straight year and has become the largest recipient of investment from the Arkaim Advisors debt fund. With a return of 12% this year, the fund outperformed 99% of similar funds. Arkaim owns debt obligations from state-owned… Continue Reading
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Despite sanctions, Russia manages to purchase American microcircuits for its military needs.
The Insider’s investigators claim Russia continues receiving “unique microcircuits indispensable for missile and drone navigation, internet content filtering, and facial recognition.” These are programmable logic integrated circuits produced by the American companies Intel and AMD. Their… Continue Reading
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You reap what you sow: Moscow risks plunging into darkness.
The capital of Russia may face a shortage of electricity in the coming years, according to a general development scheme for the Russian energy industry until 2042, which was prepared by the country’s System Operator (the only Russian energy system dispatcher). By 2030, Moscow faces a shortage… Continue Reading
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Moscow is trying to create a joint project with Azerbaijan to prevent the loss of the EU market.
The idea is that Azerbaijan, which needs more gas to supply to the EU, will receive gas from Russia to sell to the EU. “Of course, the Russians will not give their contracts to SOCAR, but acting on behalf of Gazprom to fulfill the agency agreement is being discussed,” said Leonid… Continue Reading