Category: 9. Business
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Markets in the US and EU react differently to Trump’s new energy policy.
On Monday, 47th US President Donald Trump declared an energy emergency, allowing energy extraction in places previously where it was previously prohibited. “We will drill. We will become a rich country again, and the liquid gold under our feet will help us do this,”… Continue Reading
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The Senate approves the new US Secretary of State; Rubio says that Ukraine and Russia must both agree to concessions to end the war.
A few hours after US President Donald Trump’s inauguration, the Senate confirmed Marco Rubio for the post of US Secretary of State. He becomes the first Cabinet official of the new administration to be approved by the House. Following his confirmation, Rubio said that… Continue Reading
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Zelenskyy in Davos: We need a diplomatic solution to end the war.
It is necessary to achieve a diplomatic means to end the war, but whether the peace will be stable and fair depends on what this diplomacy and security guarantees turn out to be, said President Zelenskyy at the World Economic Forum in Davos. “If diplomacy is strong,… Continue Reading
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Zelenskyy calls on the EU to increase weapons production – both for Ukraine and for its own defense.
President Zelenskyy, at the Davos economic forum, called on the EU to increase weapons production, as it is important for both Ukraine and Europe. He said that at the beginning of the full-scale war, Ukraine was 90% dependent on US military aid, but now this figure has… Continue Reading
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The Ministry of Agrarian Policy supports the privatization of all non-core assets in the agro-industrial complex.
Minister of Agrarian Policy Vitaliy Koval noted that all state-owned agro-industrial enterprises and agricultural complexes should be privatized as soon as possible. New owners should be found for all state-owned enterprises whose activities duplicate the operations of… Continue Reading
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Macron: Ukraine needs to be provided with the means to survive and the ability to negotiate from a position of strength.
The war in Ukraine “will not end tomorrow or the day after tomorrow,” French President Emmanuel Macron said in his address to the French military. According to him, the West’s key task now is to “provide Ukraine with the means to survive and the ability to… Continue Reading
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The manufacturer of Leopard tanks and other weapons has formed a joint venture with a Ukrainian company.
Minister for Strategic Industries Herman Smetanin announced the official opening of a joint venture between KMW (KNDS Deutschland) and a Ukrainian defense enterprise. The newly created company will specialize in the maintenance and repair of military equipment supplied… Continue Reading
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The EC is developing a plan to completely stop Russian gas imports; Trump offers an alternative.
The European Commission is working on a plan to remove all Russian fossil fuels from the EU market, EC spokeswoman Anna-Kaisa Itkonen said in Brussels on January 20. She added that the EU has cut all Russian coal imports, most Russian oil imports, and over 66% of Russian… Continue Reading
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Ukraine’s largest investors have shared their expectations for 2025; they predict increased economic activity and support from the US.
Most of the 145 top company managers surveyed by the American Chamber of Commerce in Ukraine (AmCham) expect continued or increased support for Ukraine from the US (77%), and 23% predict its decrease. Also, 61% believe a ceasefire is possible in 2025, 31% doubt it, and… Continue Reading
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How much financial support from the EU will Ukraine receive this year and will aid from the US be suspended after Trump’s decree?
In 2025, Ukraine expects to receive more than €30B in budget support from the EU, said Finance Minister Serhiy Marchenko. The amount consists of two parts: €18.1B from the framework of using income from frozen Russian assets and €12.5B in assistance within the… Continue Reading