Category: 9. Business

The Russian economy is showing a decline for the first time since 2022. The price of Russian oil in rubles has dropped below ₽4,000 per barrel for the first time in two years. This is approximately 40% less than what was planned in the Russian federal budget….

The new military operation commenced in the village of Tyotkino, located on the border with the Sumy region. The Ukrainian Air Force confirmed a successful strike on a Russian UAV command post in the Tyotkino area of the Kursk region, where crews who deploy unmanned…

The agreement on joint investment in Ukrainian subsoil does not yet promise quick profits. The agreement encompasses all types of resources, from oil and gas to various metals and minerals. While Ukraine does possess these deposits, most remain insufficiently explored or…

Deputy Minister of Economy Taras Kachka explained that the mineral agreement with the US, which provides for the creation of a separate investment fund, will be ratified solely by the Ukrainian side. Ratification in the US Congress is not necessary, as the fund’s main…

Analysts note that the EU will not extend the trade visa-free regime, which allowed Ukraine to trade goods duty-free. Poland and several other countries opposed the automatic extension. However, the EU will not cancel all autonomous trade measures and offers Ukraine the…

The Ukrainian government may permit the export of defense products as early as May, and work on this has been ongoing for several months. Government sources say that the president has already approved the opening of exports, and responsible parties are developing a…

Autonomous UAV manufacturer Quantum Systems from Germany has secured €160M in Series C funding, led by the British venture capital firm Balderton Capital. The funds will be used for researching and developing unmanned AI systems, expanding production, and increasing…

The European Commission published a plan for EU countries to entirely eliminate Russian energy carriers, through which negotiations on new contracts with suppliers of Russian gas (pipeline and LNG) will be suspended, and all existing spot contracts will remain valid…

According to a KSE report, Ukraine’s GDP is projected to grow by about 3% in 2025, and after the war ends in 2026-2027, the growth rate is expected to accelerate. One critically important factor in maintaining macroeconomic stability this year is the G7 countries’…

The main goal of the initiative is to promote economic development by reducing unemployment, ensure equal access to quality jobs, and create a flexible, inclusive employment system. It is predicted that the unemployment rate will be 10.9% in 2025. Last year, 389,000…