The country is reforming its mineral sector, which has endured three years of war, with the hope of unlocking its vast potential and attracting billions of dollars in investment through its partnership with the US on minerals, Ecology Minister Svitlana Hrynchuk said….
Category: 9. Business
-
How can the Ukrainian economy reduce its personnel shortage without attracting migrants?
The Ukrainian economy urgently requires an additional 4.5 million workers. Currently, out of 31 million Ukrainians living in the country, 13.3 million are employed, and around one million are unemployed. However, there are another 12.5 million individuals categorized as…
Continue Reading
-
Trump is considering lifting all restrictions on Western weapons for Ukraine. Merz states that the restrictions were lifted months ago.
“All previously imposed restrictions – whether they have already been removed or not – are currently being reviewed because President Trump believes that the current status quo is not in our shared interest in forcing Russia to negotiate,” said one senior Western…
Continue Reading
-
Trump might impose new sanctions on Russia this week amid frustration with Putin.
US President Donald Trump is considering these sanctions due to his frustration with Putin’s continued aggressive actions toward Ukraine and the slow progress in peace talks. The restrictions are likely not to include new banking sanctions. Other options for pressuring…
Continue Reading
-
Germany and Ukraine are discussing the production of long-range weapons in Ukraine.
While the German government no longer plans to publicly announce specifics of defense assistance, relevant decisions are already being prepared behind the scenes. In particular, discussions are ongoing regarding how Berlin can assist Ukrainian enterprises in producing…
Continue Reading
-
Ukraine has run out of SAMP/T air defense missiles and the allies are looking for air defense systems for Kyiv.
Ukraine is facing challenges with sourcing air defense missiles; in particular, it has exhausted its supply of charges for SAMP/T systems. Additionally, it has not received a single missile for the Crotale short-range anti-aircraft system in 1.5 years. Currently several…
Continue Reading
-
The US is waiting for Russia to provide a list of conditions for a peace agreement; a meeting of the three leaders is planned.
The US has already received a list of conditions for achieving an end to the war from Ukraine and now expects a corresponding memorandum from Russia to compare them, said the US President’s special envoy in Ukraine, Keith Kellogg. He emphasized that it is necessary to…
Continue Reading
-
Gas prices in Ukraine have risen to a record high, surpassing European prices. Kyiv is preparing for imports through a new route via Greece.
On May 26, natural gas prices in the Ukrainian market reached ₴23,000 per 1,000 cubic meters (including VAT). The cost of gas has climbed to the highest level in over two years and exceeded European market prices, equating to $458-466 per 1,000 cubic meters or…
Continue Reading
-
Ukraine will receive an additional $300M under the RISE program to support business initiatives.
The Ministry of Economy and the World Bank discussed the implementation of the RISE program. Under this initiative, Ukraine signed agreements with the World Bank last year totaling $593M and has already received $236M. If the program’s key indicators are successfully…
Continue Reading
-
The EU has proposed lowering the Russian oil price cap by another $15, but the US is blocking the initiative.
The European Commission and leading EU countries support lowering the price ceiling for Russian oil from $60 to $45 per barrel as part of a new sanctions package against Russia. Sources familiar with the discussions of the 18th EU sanctions package said that the proposal…
Continue Reading