Ukraine’s military continues to hold back the enemy and inflicting significant losses, while the enemy has concentrated its main efforts on the Pokrovsk, Torets, Lyman, and Novopavlivsk directions, as well as along the border areas of the Sumy region. The Russian army…
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Britain and France prepare to provide long-term defense for Ukraine without US support, rather than sending peacekeepers.
British and French officials working on plans to deploy peacekeepers in Ukraine have discussed the necessity of providing long-term defense for Ukraine without US involvement. In particular, the officials have shifted their priorities: instead of deploying European…
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More Than 20 Killed Near Aid Distribution Site in Gaza, Health Officials Say
More than 20 people were killed on Sunday and more than 100 wounded when Palestinians who had gathered overnight in the hope of obtaining food from an aid distribution center in Gaza came under fire, according to local health officials.
The…
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Russia has not yet submitted its memorandum outlining its ceasefire terms and has declared its readiness to continue the war.
The Ukrainian peace memorandum includes provisions for a ceasefire on land, in the air, and at sea. Monitoring compliance with these conditions should involve international partners. After reviewing the memorandum, US Special Envoy Keith Kellogg confirmed receipt of the…
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Ukraine will miss a $665M GDP warrant payment due on June 2nd.
Kyiv has not reached an agreement with its creditors and will fail to make a $665.5M state debt payment related to GDP warrants, which are debt obligations tied to economic growth rates. Ukraine was supposed to pay this amount to creditors on June 2. However, the…
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The Ukrainian shadow economy is valued at $21.7B annually and combating it could contribute an additional $4B to the budget in 2025.
Danylo Hetmantsev, head of the Verkhovna Rada Finance Committee, revealed that the shadow sector is estimated at ₴800-900B ($21.7B). About 30-50% of the economy exists in the shadows, with some sectors exceeding 60%, which creates significant barriers to economic…
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Moody’s has maintained Ukraine’s pre-default rating.
On May 30, Moody’s Rating Agency affirmed the long-term issuer ratings of the Ukrainian government in foreign and national currencies at Ca – one of the lowest credit ratings on Moody’s scale, indicating a very high risk of default. The justification states that the ongoing war with Russia…
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Ukrainian border guards destroy two Russian IFVs in Kupiansk sector
Ukrainian border guards have destroyed two Russian infantry fighting vehicles (IFVs) in the Kupiansk sector.
Oleksii Kharchenko, head of the Luhansk Regional Military Administration, announced this on Telegram, according to Ukrinform.
“Border guards from the Revenge…
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Ukraine Strikes Russian Air Bases in Large-Scale Drone Attack
Ukraine launched one of its broadest assaults of the war against air bases inside Russia, targeting sites from eastern Siberia to Russia’s western border.
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Over 200 Finnish companies are preparing to enter the Ukrainian market.
More than 200 small and medium Finnish firms are looking to establish a presence in Ukraine, while larger companies are planning to broaden their operations. The most promising sectors for Finnish investors in Ukraine continue to be IT and digitalization, green energy,…
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