On the night of August 27, the enemy targeted energy and gas transportation infrastructure across six Ukrainian regions, including Sumy, Poltava, Donetsk, Chernihiv, Kharkiv, and Zaporizhzhia. In Sumy, a UAV strike damaged key substation equipment; in Poltava,…
Category: 9. Business
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Trump warns of an economic war on Russia if no peace deal is reached and threatens Ukraine well.
US President Donald Trump said that the US may impose sanctions and tariffs not only against Russia, but also against Ukraine, if a peace agreement is not signed. According to the White House chief, President Zelenskyy “is also not innocent” in a situation without…
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This week, Ukrainian and American diplomats will meet in New York to further the peace process.
The US aims to end conflicts in Ukraine, Iran, and Gaza by year’s end. US Special Envoy Steve Witkoff announced plans to meet with Ukrainian representatives in New York, including Andriy Yermak, head of the Presidential Administration, and Rustem Umerov, Secretary of…
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Germany, Belgium, and the US oppose confiscating Russian assets.
German Chancellor Friedrich Merz believes that attempting to access the Russian Central Bank’s assets could impact financial markets. Belgian Prime Minister Bart de Wever agreed with Merz and added “I know that there are governments that dream of confiscating these…
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Lithuania has proposed starting negotiations on Ukraine’s EU accession without Hungary’s participation.
Vilnius sent a letter to EU partners urging European capitals to “take decisive measures” to make Ukraine’s EU bid “real and irreversible”. The letter emphasizes that the moment has come to advance Ukraine’s integration, especially as Russia’s military…
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The government will put one of Ukraine’s largest chemical plants up for sale with a starting bid of ₴4.5B.
The Cabinet of Ministers has decided to privatize a strategically important facility – the Odesa Port Plant (OPP). The state’s ownership stake will be offered through an open electronic auction with an initial price of ₴4.5B ($107M). According to the Cabinet of…
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KNESS will launch energy storage facilities with a capacity of 100 MWh.
The KNESS Group of Companies is in the final stages of implementing one of the largest project portfolios for the creation of a network of energy storage systems (ESS) that will provide ancillary services to support the Ukrainian power system’s stability. The total…
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The Cabinet of Ministers of Ukraine has registered six new industrial parks simultaneously.
The newly registered parks, covering a total of 140 hectares, are expected to create 5,100 jobs. They qualify for benefits from the government, including co-financing of infrastructure projects. Last year, 15 industrial parks received ₴1.2B ($28.6M) from the state…
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Western partners have proposed three levels of defense for Ukraine and the US is ready to supply peacekeepers along with aircraft and intelligence.
The allies have drafted a security guarantee plan involving a three-tiered defense approach:
- A demilitarized zone patrolled by neutral peacekeepers from a third nation, agreed upon by Ukraine and Russia.
- Ukrainian troops, armed and trained by NATO members, serve as the…
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Due to a major shortfall in funds, Ukraine’s Ministry of Finance has decided not to extend the G7’s $50B loan for several years.
The government has revised its estimate of the budget’s financing gap not covered by international partners for 2026; it now stands at about $10B, down from at least $19B a few months ago. The Ministry plans to reassess its use of ERA Loans from the G7, which will be…
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