Category: 9. Business
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The invasion of the Kursk region is not as important to Russia as its offensive in the Donbas.
According to the NYT, citing Western officials and military experts, the reason that the Russian Federation has not yet been able to repel the country’s largest foreign invasion since the Second World War is not only a lack of personnel and intelligence but also a lack of priority. Although… Continue Reading
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Despite full storage capacity, Europe is at risk of a gas crisis this winter.
European gas storage facilities are full, and regional demand is falling to levels not seen since the early 1980s. However, prices remain elevated, having recently hit an eight-month high. The current volume of gas is sufficient if everything goes according to plan. If the winter is typical or… Continue Reading
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China has damaged Western manufacturing of microcircuits and military optics.
The FT reports that Beijing’s restrictions on the supply of germanium and gallium led to an almost two-fold increase in prices for these minerals in Europe over the past year. Beijing imposed the restrictions last year, saying they were needed to protect “national security and interests”… Continue Reading
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Zelenskyy summarizes the results of the Kursk operation and announces the plan for victory.
President Zelenskyy stated that the Kursk operation has achieved several things. First of all, the occupation of the Kharkiv Region was halted. Ukraine had information about the Russian Federation’s intent to create buffer zones in Kharkiv Oblast and then in the north (Sumy and Chernihiv… Continue Reading
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American officials believe that Ukraine has partially achieved its operational goals in the Kursk region.
According to the WSJ, the main goal of the Kursk operation is to change the prevailing narrative that Ukraine is unable to stop the Russian Federation’s military power. According to American officials, the Kursk operation has three main goals: to force Russia to withdraw troops from eastern… Continue Reading
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Ukraine is a priority; the US is looking for more air defense systems to repel Russian attacks.
After the latest massive attack by the Russian Federation, Ukraine will become a priority export market for American air defense systems, US President Joe Biden said. According to him, the US will increase its support for the Ukrainian energy industry after the latest mass shelling. Ukraine’s… Continue Reading
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This year, Ukraine has already spent ₴1T on defense; ₴500B is needed, and the government is proposing a new strategy.
In January-July, ₴1T (58.1% of total expenditures) was allocated from the state budget to the security and defense sector, including ₴161.6B in July, reports the Ministry of Finance. According to Prime Minister Denys Shmyhal, the state budget currently lacks more than ₴500B for defense… Continue Reading
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Ukraine seeks to receive a $50B loan from the G7 without any conditions and for any purpose.
Ukraine aims to get all $300B in frozen Russian assets, Prime Minister of Ukraine Denys Shmyhal emphasized during the Ukraine 2024. Independence forum. He added that the first results of these efforts have already been achieved. Namely, the G7 countries have agreed to transfer $50B to Ukraine,… Continue Reading
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Ukraine will present the US with a list of desired targets in Russia; the OSCE gives Ukraine permission for long-range strikes.
The Ukrainian government is preparing to present to top US national security officials a list of targets in Russia that they believe could be the Ukrainian military can target if Washington lifts restrictions on the use of American weapons. Ukraine is using this list as a last-ditch effort to… Continue Reading
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The EU begins preparing for a trade and agricultural policy change in the wake of Ukraine’s accession.
Hungary will continue to maintain its ban on importing Ukrainian farm products but allow their transit and will lobby the EU to develop rules that consider Hungarian farmers’ interests. Deputy Minister of Economy of Ukraine Taras Kachka said that within the next 9-10 months Ukraine and the… Continue Reading