Category: 9. Business
-
UN climate summit approves $300B in annual funding for developing countries.
Countries in attendance at the COP-29 UN climate summit have agreed on a new collective climate financing deal. Wealthy countries have pledged to provide poorer countries with $300B annually by 2035 to help them cope with the increasingly catastrophic effects of the… Continue Reading
-
The Netherlands will provide grants of up to €4M to joint Ukrainian recovery ventures.
The Netherlands Enterprise Agency (RVO) has launched a partnership program with Ukraine to restore the Ukrainian economy. In particular, a subsidy program will support Dutch companies and civil society organizations interested in working on the recovery and sustainable… Continue Reading
-
Ukrainian companies take the lead in applying for international tenders within the Drone Coalition.
Ukrainian manufacturers have become the leaders in the number of applications for international tenders to produce interceptor drones through the Drone Coalition, submitting 32% of the total. In advanced FPV drones, Ukrainian companies were second, with 26% of submitted… Continue Reading
-
The Mykolaiv region is repairing storage facilities for long-term storage of fruit and vegetable products.
According to Olena Piskun, director of the Mykolaiv regional administration’s Department of the Agro-Industrial Complex, in the pre-war period 18 storage facilities for long-term storage of vegetables and fruits with a total capacity of 39,400 tons were registered in… Continue Reading
-
Several projects are being implemented in Ukraine to improve energy efficiency and energy independence for communities.
The State Agency for Reconstruction has begun collecting applications from territorial communities to replace two million streetlights with energy-efficient models and also wants to equip 70 water utilities with solar power plants. This project, like social housing… Continue Reading
-
The Biden administration plans to cancel over $4.6B of Ukraine’s debt.
US President Joe Biden submitted a statement to the US Congress stating his intention to forgive half of Ukraine’s debt for economic assistance that was received as a loan. State Department spokesman Matthew Miller said the amount of forgiven debt is approximately… Continue Reading
-
New long-range strikes on Russia will help Trump conduct negotiations with Russia; the American president-elect is against an unfavorable agreement for Ukraine.
When US President Joe Biden allowed the Ukraine’s military to use US weapons to strike targets in Russia, he did his successor, Donald Trump, a great strategic favor, according to Bloomberg. This development should force the Russian dictator Vladimir Putin to conduct… Continue Reading
-
Russia struck Ukraine with a Rubizh intercontinental ballistic missile.
On November 21, Russia hit Ukraine with various types of missiles, including an intercontinental ballistic missile, a Kh-47M2 Kinjal air-launched ballistic missile, and seven Kh-101 cruise missiles. In an attack on Dnipro, a rehabilitation center for people with… Continue Reading
-
Ukraine and 12 European countries unite in a new defense cooperation format.
Defense Minister Rustem Umerov announced the beginning of a collaboration with 12 countries within the Nordic Group-Ukraine framework, which will strengthen Ukraine’s security and provide support. Denmark, Sweden, Finland, Norway, Iceland, Estonia, Latvia, Lithuania,… Continue Reading
-
International financial institutions will create $210M in risk-sharing mechanisms for Ukrainian enterprises.
The IFC, the DFC, and Raiffeisen Bank Ukraine will create two risk-sharing mechanisms for Ukrainian enterprises worth $210M. Assistance will be allocated to small, medium, and large companies in Ukraine. These funds will be directed to creating new jobs and business… Continue Reading