Economics
Ukraine’s cyberpolice on Sept. 6 busted a smuggling ring that imported fake Apple smartphones, headphones, tablets, laptops and chargers from China before selling them as genuine products to unsuspect
Sep. 7, 2021
The State Fiscal Service (SFS) on Sept. 6 announced that it has discovered an illegal online casino employing 60 people, with an annual turnover of over $30 million. Since gambling was legalized a yea
Sep. 7, 2021
Cryptocurrency is hugely popular in Ukraine. Last year, Ukrainians earned about $400 million from bitcoin investment, making local crypto investors the tenth richest in the world. Ukrainian tech start
Sep. 1, 2021
Ukraine’s Security Service (SBU) detained four Kyiv residents suspected of operating a bot farm to spread disinformation about the Crimea Platform summit on social media. The suspects used 15,000 fake
Aug. 30, 2021
For the first six months of 2021, Ukraine exported $35.59 billion worth of goods, 8.9% more than the same period in 2020, and imported $37.31 billion worth of goods, 8.45% more than in 2020 for the sa
Aug. 16, 2021
The office of Ukraine’s cyber police department — the law enforcement agency that protects from cybersecurity threats — looks old and shabby from the outside. The eye is caught by nine luxury cars, in
Aug. 14, 2021
Ukrainian startup People.ai has attracted $100 million of investment, bringing its total valuation to $1.1 billion, its founder Oleg Rogynsky said on Aug. 11. With this valuation, People.ai joins the
Aug. 12, 2021
Kyiv’s skyline is littered with construction cranes; its residents complain of noisy construction sites. It makes one wonder if the city isn’t experiencing a residential real estate boom. In reality,
Aug. 2, 2021
An app to substitute your face for a movie star’s in the split of a second, a live map to track wars and crimes, and a mind-controlled prosthesis — these are only some examples of Ukrainian innovative
Jul. 29, 2021
Kazakhstan’s largest financial technology firm Kaspi.kz has signed a purchase agreement with Ukraine-based online payment service Portmone, according to financial statements Kaspi.kz published on July
Jul. 28, 2021
Ukraine’s Security Service (SBU) detained a Ukrainian national who is suspected of setting up a bot farm to sell fake online accounts, called bots, to Russian customers. The suspect, a local tech spec
Jul. 27, 2021
Ukraine has imposed sanctions on Russia’s biggest online retailer Wildberries and its founder Tatyana Bakalchuk, the richest woman in Russia, on July 23. Tatyana Bakalchuk’s husband Vladislav was also
Jul. 26, 2021
The Nord Stream 2 pipeline was supposed to be a solution to satiate Germany’s vast energy needs. Instead, the project stoked a years-long diplomatic crisis as Germany’s allies in Europe and the U.S. r
Jul. 23, 2021
The Ukrainian parliament voted in the first reading for a bill that allows foreign tech specialists to register businesses and pay taxes in Ukraine online. The so-called e-residency is expected to bri
Jul. 21, 2021
A data center busted by Ukrainian law enforcement this month for suspected electricity theft may have had a purpose different from mining cryptocurrencies. Ukraine’s security service described the fac
Jul. 18, 2021
The Ukrainian division of E-cigarette manufacturer JUUL has quietly begun to close its Ukraine office, but its addictive product still has the country hooked. As of Jan. 2021, amendments to the tax co
Jul. 14, 2021
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Could Russia be forced out of Ukraine, not due to a military victory, but due to the Russian economy's collapse? Increasingly there are signs in Moscow that Russia's war may soon run out of money.
Oct. 3