Category: 9. Business
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Ukraine has reduced its gas imports by 86% after increasing its production.
According to the DiXi Group, in 2023 the state imported 1.2 billion cubic meters of gas. However, in the first half of 2024 import volumes fell to 170 million cubic meters, 98% of which came from Hungary. When forming the gas balance forecast, decreased demand for blue… Continue Reading
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The EU and the US will provide $112M to the Ukrainian to the private energy holding to restore infrastructure.
The EC is providing €62.8M to the DTEK energy company for equipment and materials needed to restore generation capacity after Russian attacks, and the US government is providing $46.1M to purchase control systems and dozens of new transformers, critical to ensuring… Continue Reading
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The war in Ukraine will force Europe into a new energy crisis.
The war in Ukraine has contributed to a rise in gas prices by about 45% this year. Bloomberg writes that although the price level is still below 2022’s record levels, it is high enough to strain household budgets and increase competitive pressure on producers. Gas… Continue Reading
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Last year, financial and industrial groups in Ukraine earned almost ₴6T.
23,300 companies that are part of Ukrainian financial and industrial groups (FIG) and submitted financial statements for 2023 collectively earned ₴5.8T, according to a YouControl study. As of October, official data records more than 2,000 FIGs, uniting 38,500 Ukrainian… Continue Reading
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Ukraine’s allies are discussing providing Ukraine with nuclear weapons to change the war’s dynamics.
Russia’s launch of the Oreshnik ballistic missile and the difficult situation at the front have renewed the discussion about new ways of providing military assistance to Ukraine and its future security system on the eve of Donald Trump’s arrival in the White House…. Continue Reading
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The Ukraine-NATO Council will convene following the Russian attack on Dnipro with a Oreshnik missile.
The Ukraine-NATO Council will meet at the ambassadorial level on November 26 at the Alliance headquarters at Ukraine’s request. The meeting is in response to Russia’s first use in Ukraine of an experimental Oreshnik ballistic missile, based on the older Rubezh… Continue Reading
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Ukraine is developing ballistic missiles and could use them soon.
The WSJ noted that Ukraine is actively building rockets capable of striking deep behind enemy lines. Most of the program’s details are being kept secret, but Ukrainian officials have previously stated that such weapons could be introduced in the near future. In August,… Continue Reading
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Sweden and Lithuania are preparing investments in Ukrainian long-range weapon production.
Sweden will soon announce the allocation of substantial funds for the development and production of long-range weapons for Ukraine, announced Swedish Defense Minister Poul Jonsson. He said investments based on the Danish model will allow Ukraine to launch mass production… Continue Reading
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Why did the IMF improve its economic forecast, and what are the key areas for Ukraine’s GDP growth?
An IMF team has improved its economic growth forecast for Ukraine this year from 3% to 4%, as the Ukrainian economy has performed better than expected in the previous two quarters, IMF spokeswoman Julia Kozack said. Ukraine and the IMF have agreed on several strategies… Continue Reading
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How do sanctions against Russia work, and what new restrictions are being prepared for the aggressor?
Moscow allocated $7B to purchase microelectronics for the military-industrial complex but was not able to complete the purchase due to sanctions, said the Presidential Commissioner for Sanctions Policy. Chinese banks have also begun to refuse payments related to the… Continue Reading