Category: 9. Business
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Cooperation in the agricultural sector, recovery, and security: Results from the meeting between Zelenskyy and Modi.
President Zelenskyy, during the talks with the Prime Minister of India, Narendra Modi, discussed issues related to bilateral and multilateral cooperation; the parties agreed on four cooperation agreements in the medical, agricultural, humanitarian, and cultural spheres. The five-year… Continue Reading
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Ukraine is ready to hold the second Peace Summit in India.
The President of Ukraine, Volodymyr Zelenskyy, announced that negotiations with Saudi Arabia, Qatar, Turkey, and Switzerland regarding the second Peace Summit are ongoing. He also said he was open to holding the second Peace Summit in India after meeting with Indian Prime Minister… Continue Reading
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The State Property Fund plans to introduce military insurance for privatization.
The State Property Fund of Ukraine (SPFU) is actively seeking opportunities to expand export insurance instruments to cover war risks for privatization objects, said the head of SPFU, Vitaliy Koval. “The main task is to get the support of MIGA (the World Bank’s Multilateral International… Continue Reading
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What awaits bank depositors through the end of the year?
Inflation is forecast to be within 5-6% from September to December. Considering current deposit rates, individual depositors can not only protect their funds from depreciation but also receive a 3-4% net profit, as predicted by financial analysts. In September compared to August, the average… Continue Reading
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Moldova aspires to become a central logistics hub between the East and West, and invests €30M in infrastructure.
This year, Moldova plans to complete a project feasibility study for the construction of the country’s first multimodal logistics complex at the Beresti train station in Ungeny (5 km from the border with Romania). According to estimates, this facility will serve up to 200,000 trucks annually,… Continue Reading
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Borrell calls for Ukraine to be allowed to strike military targets in the Russian Federation.
EU High Representative for Foreign Affairs Josep Borrell supports the lifting of all restrictions on Ukrainian strikes on military facilities inside the Russian Federation, as this will help to incline Putin to peace negotiations. The diplomat noted that the Ukrainian offensive operation in… Continue Reading
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Ukraine set a new distance record for attacking enemy objects in Russia – drones have reached the Arctic Circle.
On August 21, Ukrainian drones attacked the Murmansk region for the first time. Their target was the Olenya military airfield, where Tu-95MS and Tu-22M3 strategic missile carriers are stationed. The drones covered more than 1,800 km from launch to target. The previous record was set by the… Continue Reading
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The Russian war in Ukraine is driving development in the American military-industrial complex; cheap cruise missiles are on the horizon.
American startup Ares Industries is creating a new anti-ship cruise missile class that is “10 times smaller and with a 10 times cheaper form factor.” Ares Industries’ missiles will be compatible with existing launch platforms, deliver smaller payloads at high subsonic speeds and… Continue Reading
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The first time in 25 years, the trade turnover between Russia and the EU has fallen below €5B.
In June, Russian-EU trade turnover amounted to €4.9B, falling by 10%. Eurostat data shows this is the lowest figure since September 1999, when turnover was equal to €4.6B. In June, the supply of Russian goods to the EU decreased by 14% compared to May and amounted to €2.5B, the lowest… Continue Reading
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In July, Ukraine increased its steel production by 18% and maintained its Worldsteel global ranking.
In July, Ukraine increased steel production by 18% compared to July 2023, reaching 709,000 tons. The country retained 20th place in the Worldsteel rating. However, compared to June, the indicator decreased by 3.5% (from 735,000 tons). In July, most of the top ten countries again increased their… Continue Reading