Latest
Ukraine
The IMF’s latest funding approval brings its total loan disbursement to Ukraine up to $9.8 billion out of the total loan amount of $15.5 billion approved in 2023.
15h ago
Russia
Russia‘s central bank is set to hike interest rates on Friday in its latest attempt to deal with the pace of price rises amid the military offensive on Ukraine.
2d ago
War in Ukraine
The latest setback for the Kremlin came last week, when inflation accelerated to 8.9 percent in November, according to official statistics.
Dec. 18
Economy
Ukrainian medical science, which withstood the difficulties brought about post-Soviet underfunding and a lack of strategy, may finally change – not necessarily for the better.
Dec. 14
War in Ukraine
Ukrainian steel production could plummet from a projected 7.5 million tons to as low as 2-3 million tons annually if control over the mine is permanently lost.
Dec. 13
Ukraine
EBRD wants to create insurance protection for domestic cargo, motor vehicle damage, and railway rolling stock since the internal financial market does not cover these categories.
Dec. 13
Ukraine
Inflation increased above the central bank’s maximum forecast, forcing monetary governors to lower the heat by raising the key rate by half a percent– but it should decelerate in 2025.
Dec. 12
US
Serhii Marchenko said Ukraine has enough resources to last until mid-2025, while stressing the importance of building trust and negotiating with the new US administration.
Dec. 12
War in Ukraine
Germany’s trade with Russia thrives despite EU sanctions, with loopholes in oil, gas, and steel sectors continuing to fund Putin’s war.
Dec. 11
US
Chinese companies are cutting back on sales of drone components to the US and Europe, and bigger restrictions might be coming next year.
Dec. 11
Ukraine
The US has announced it would disburse $20 billion to Ukraine funded by interest from frozen Russian assets as part of a larger $50 billion aid G7 support package agreed upon in October.
Dec. 10
Ukraine
Consensus forecasts from investment banks and thinktanks foresee Ukraine’s 2025 GDP rising to $200 Billion and inflation tapering off slightly at about 7 percent.
Dec. 9
Russia
Faced with few options to finance its war on Ukraine, the Kremlin has boosted its gold holdings to record levels, sold on “trade routes” for hard currency. Spot prices have soared.
Dec. 8
Russia
Russia’s central bank has taken interest rates to a two-decade high of 21% as Moscow battles to stem the economic fallout from its military offensive on Ukraine and a Western sanctions.
Dec. 6
Russia
A source told Kyiv Post that HUR hackers targeted one of Russia’s largest banks, disrupting online payments and money transfers for hundreds of thousands of customers.
Dec. 5
War in Ukraine
Half of Ukraine’s state budget is reliant on financial aid from other countries because of defending itself against Russia, and returning to pre-war normal is “impossible” during wartime.
Nov. 30
Ukrainian medical science, which withstood the difficulties brought about post-Soviet underfunding and a lack of strategy, may finally change – not necessarily for the better.
Dec. 14