World Championship medalist and two-time Ukrainian Olympian Igor Chervynskiy has been “seriously wounded” in his country’s ongoing war with Russia, the Ukrainian Swimming Federation and fellow Olympian Sergiy Fesenko report to…
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Ukraine plans to provide tax-based compensation for investment in the processing industry.
Two draft laws have been registered in the Verkhovna Rada that outline a system of partial reimbursement for investment costs through tax reductions. The compensation will cover expenses such as constructing engineering networks, structures, and related infrastructure;…
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Thailand’s ‘weed wild west’ faces new rules as smuggling to UK rises
Jonathan HeadSouth East Asia correspondent
Reuters
Since Thailand decriminalised cannabis in 2022, shops selling the drug have popped up across the country Thailand is trying to rein in its free-wheeling marijuana market.
The government has…
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The Russian military-industrial complex has reached its maximum capacity for producing armored vehicles; North Korea helps to increase weapons production for the aggressor.
A senior NATO official told reporters at the NATO summit that the Russian military-industrial complex is probably currently at its peak and will be able to sustain this level for at least another year. Russia currently produces about 130 tanks per month, or roughly 1,600…
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The candidate for NATO Supreme Allied Commander Europe believes that Ukraine can win a war with Russia.
US President Donald Trump’s nominee for the position of Supreme Allied Commander Europe, Lieutenant General Alexus Grynkewich, expressed confidence that Ukraine can win a war against Russia if the right tools are provided. His statement contradicts the Trump…
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Takeaways from the Trump-dominated NATO summit
THE HAGUE, Netherlands (AP) — NATO’s summit in the Netherlands on Wednesday has been described as “transformational” and “historic.” “We’re witnessing the birth of a new NATO,”…
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Commercial real estate in Ukraine faces war-related risks.
In the retail sector, all activity indicators are improving with consumer activity and shopping center attendance rising. Trade turnover is growing, increasing income for shopping center landlords. Additionally, the fixed component of rental rates is climbing, responding to high demand for…
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Tax revenue from the tourism industry has already surpassed pre-war levels by 27%.
Ukraine’s tourism sector has matched its pre-war income totals and continues to grow. In the first quarter, the budget was boosted by nearly ₴799M from tourism, which is 30% more than the same period in 2024 (₴616M) and nearly double the amount from the first…
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A German automotive electronics manufacturer has doubled its presence in Ukraine despite the war, becoming the largest employer in Volyn.
Viktoria Pazychuk, a plant manager at Kromberg & Schubert Ukraine, stated that by 2025 the company will be the largest employer in the region. Currently, it employs 5,500 people in Volyn, with the total exceeding 6,000 including mobilized workers. Pazychuk highlighted…
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Zelenskyy Signs Accord With Council Of Europe To Create War Crimes Tribunal
Ukrainian President Volodymyr Zelenskyy on June 25 signed an accord with the Council of Europe to establish a special tribunal to try top officials responsible for Russia’s invasion of Ukraine.
The tribunal will prosecute the “crime of…
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