Category: 9. Business

The results of January-August 2024 show that the EU imported 3.9 million tons of metallurgical products of Russian origin. Analysts note that import costs reached €1.87B, and predict that by the end of the year, Russia will earn at least €3B from its metal exports to the EU. To illustrate,… Continue Reading

By holding the BRICS summit in Kazan, Russia, Putin aims to show the US and its allies that he has not become a global outcast. According to Bloomberg, the Kremlin expects representatives from more than 30 countries to attend the summit. Amid the Russian military offensive in Ukraine and… Continue Reading

South Korea promised to take step-by-step measures against North Korea and Russia through deepening military cooperation and called on North Korea to immediately withdraw its forces from Russia. In the event of continued military cooperation between Moscow and Pyongyang, Seoul could send… Continue Reading

Assistant UN Secretary-General Myroslav Yencha stated at a meeting of the UN Security Council: “In recent weeks, we have witnessed renewed attacks by Russia on Ukrainian Black Sea ports.” He added that since September 1, shelling has damaged six civilian ships, as well as grain… Continue Reading

Ukraine and France signed a grant agreement in support of Ukraine’s recovery and critical infrastructure and priority sectors of the economy. Companies in France will be able to access this grant funding, as well as local authorities, in order to maintain critical infrastructure and mining… Continue Reading

Leading defense companies such as RTX in the US, MBDA in the EU, and QinetiQ in the UK have begun to invest heavily in developing low-cost, high-energy laser weapons to combat UAVs. During the war in Ukraine, the widespread use of UAVs revealed a significant asymmetry of costs in which it is… Continue Reading

Russia has caused ₴1.26T in damage to Ukraine’s ecosystems. Among them are losses to land resources amounting to ₴400B, of which more than ₴2B are the consequences of soil pollution. It will take almost 30 years to restore the fertile soil layer completely. The Institute of… Continue Reading

Ukraine’s population has decreased by more than 10 million since the beginning of the full-scale war, said the head of the Eastern European branch of the UN Population Fund, Florence Bauer. She emphasized that the population decline has been observed since the beginning of the full-scale… Continue Reading

In January, EU countries plan to resume discussions about new restrictions designed to damage the Russian economy. That is when Hungary, Moscow’s closest ally in the EU, will complete its six-month presidency of the EU Council, and the European Parliament will approve the EC’s new… Continue Reading

According to the Minister of European Affairs of France, Benjamin Haddad, “The invitation is the first step, an important political signal we could give Ukraine right now. We are mobilizing efforts to convince our partners,” he said. Haddad emphasizes that the process of Ukraine’s… Continue Reading