Category: 9. Business

US President Joe Biden approved the US’ 72nd security and defense package to Ukraine, White House adviser John Kirby said last week. The assistance is provided within the US’ presidential drawdown powers (PDA). The Biden administration promises to continue to provide… Continue Reading

The US will provide Ukraine with a new financial assistance package worth about $437M, Deputy Secretary of State and Acting US Special Representative for Economic Recovery for Ukraine Richard Verma said. Ukraine will receive: $74.7M to support the agricultural… Continue Reading

US President-Elect Donald Trump is categorically against launching strikes deep into Russian territory. He said that such strikes are escalating the war and making it worse. “This should not have been allowed. I think this is a huge mistake,” he said. However, Trump… Continue Reading

The series of Russian strikes on Ukraine’s energy sector is part of a campaign aimed at freezing the country in winter, as well as forcing the West to adopt political decisions that are favorable to the Kremlin, says ISW. The publication recalls that on the night of… Continue Reading

Next year, Ukraine will spend about 25% of its GDP on defense, which is 900% more than European NATO allies’ average, NATO Secretary General Mark Rutte said during a keynote speech in Brussels. “This is a harsh reminder that freedom does not come for free. If we do… Continue Reading

The EC will continue to provide all the necessary support to Ukraine’s energy sector – not only in the winter but also in the future, said Mechtild Wörsdörfer, deputy director general for the European Commission Directoral General for Energy. “Ukraine is entering… Continue Reading

European leaders, the NATO Secretary General, and President Zelenskyy will meet in Brussels on December 18. They are expected to discuss possible formats for ending the war and potentially establishing a European peacekeeping mission as a deterrent against future Russian… Continue Reading

The Ministry of Agrarian Policy, the Canadian NGO SOCODEVI, and the Dnipropetrovsk Regional Public Organization will cooperate to develop entrepreneurship for the rural population that has been affected by hostilities. The parties agreed on potential cooperation in the… Continue Reading

The Board of the National Bank of Ukraine increased the discount rate to 13.5% per annum. This takes place after inflation accelerated to 11.2% per annum in November. It is noted that the inflationary surge is increasingly acquiring fundamental characteristics, which is… Continue Reading

According to the NYT, Ukraine has postponed signing a minerals deal with the US,  and the agreement will likely be signed only after US President-Elect Donald Trump is inaugurated, allowing him, not Joe Biden, to announce it after taking office and present it as his… Continue Reading