Ukraine produces up to four million drones of various types annually with the potential to make eight million UAVs yearly if sufficient funding is available. New Ukrainian drones that are fitted with advanced technologies are used to target Russian forces both on the…
Category: 9. Business
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Israeli Fiverr has purchased Ukrainian IT group Digis, in a deal potentially worth up to $14M.
Fiverr, an online freelancer platform, announced its acquisition of Ukrainian Digis Group. The Ukrainian firm was established last year when IT company Digis merged with the Lviv startup Scalamandra. The deal between Fiverr and Digis Group was kept confidential for some…
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How much have European countries spent on supporting Ukrainian refugees in Europe?
According to the Ukraine Support Tracker, from January 2022 to August 2025, the total expenditure on supporting Ukrainian refugees in Europe has exceeded €137B. Germany remains the leader in assistance: more than 1.2 million Ukrainians have received asylum there, with…
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The NBU outlines reasons for Ukraine’s continued trade imbalance.
From January to October 2025, Ukraine imported $67.8B worth of goods and exported $33.2B. Trade turnover rose by 10% year-on-year, going from $92B to almost $101B. However, the trade deficit widened by 50% to $34.6B, meaning import volume is now more than twice as high…
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The US is increasing pressure on its NATO allies to limit their purchases of Russian energy, while also offering India reduced tariffs.
The US has urged the NATO allies to stop purchasing Russian energy to help end the war in Ukraine. One such conversation was between US Vice President JD Vance, Secretary of State Rubio, and Turkish Foreign Minister Fidan during their meeting in Washington DC. Turkey is…
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Ukraine continues to hold onto Pokrovsk, despite disinformation from the Russians.
Russia is launching a strategic offensive on the front, but after the counteroffensive by the Ukrainian Defense Forces, the idea that the Russians have captured nearly everything and will soon end the operation in Pokrovsk is false, Commander-in-Chief of the Ukrainian…
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The IMF has expressed concerns that several recent Ukrainian budget initiatives could threaten an $8B loan.
These initiatives include tax incentives for individual entrepreneurs (FOPs) and specific industries, as well as a proposal to provide complimentary rail transportation. The discussion arises alongside negotiations for a new four-year, $8B loan program. The IMF has…
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The situation with Ukraine’s air defense has deteriorated: In October, the drone interception rate declined to its lowest level since the start of 2024.
Experts report that Russian forces attacked Ukrainian cities and civilian targets with 5,298 drones in October, a 6% decrease from the previous month. The highest figure was recorded in July, with nearly 6,300 drones. However, Russia continues to attempt to suppress…
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Canadian investors are considering the construction of a €28M waste recycling plant in the Rivne region.
Representatives of the Canadian project development company Projex International Inc visited the city of Dubno (Rivne region), where they discussed with local authorities the implementation of a joint innovative project to recycle waste into energy to improve the…
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This week the EU will discuss two primary options for supporting Ukraine financially.
On November 13, EU finance ministers will review funding strategies for Ukraine in 2026-2027, with a planned aid amount of €130-140B.
One approach is to use frozen Russian assets held at Euroclear to fund the reparations loan, as the European Commission has…
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