Economy

Photo: agroweek During the first six months of the 2025/26 marketing year, Ukraine exported 7.86 million tonnes of wheat, down by 2 million tonnes year on year. The decline reflects major shifts in

Photo: Pexels Russia’s budget revenues from oil and gas fell to a five-year low last year, dropping 24% compared with 2024, Bloomberg reports. The decline comes amid lower crude oil prices and reduc

Photo: Getty Images Ukraine’s National Bank set new record official exchange rates for January 9, raising the dollar by 27 kopecks to 42.99 UAH and the euro by 25 kopecks to 50.18 UAH. Since January

Photo: EPA The U.S. administration has announced the start of sales of Venezuelan crude oil and petroleum products on global markets, the Department of Energy said. According to the statement, lead

Photo: Getty Images India’s largest private refiner, Reliance Industries , announced that it does not expect any shipments of Russian crude in January and has not received any over the past three w

Photo: reuters On December 26, China’s Foreign Ministry announced sanctions targeting 10 individuals and 20 U.S. defense companies, including Boeing, over arms sales to Taiwan, Reuters reports. The

Photo: Getty Images Despite optimism from special envoys of U.S. President Donald Trump regarding potential business opportunities in Russia after the war in Ukraine, many experts remain skeptical,

Photo: Getty Images Strikes by Ukrainian drones on Russian energy infrastructure have paralyzed shipments of Kazakh oil through the Novorossiysk terminal. In December 2025, export volumes fell to a

Photo: Getty Images British neobank Revolut has warned all Ukrainian clients that it will be forced to close their accounts in 60 days, starting from February 22, 2026. According to messages sent t

Photo: depositphotos The European Union is ready to increase pressure on Russia, including by imposing additional sanctions. The EU Council has extended sanctions against Russia for another six mon

Photo: flickr com On Monday, December 22, gold prices surged to a historic high, marking the best annual performance in over four decades, according to Bloomberg. Gold bars rose more than 1.5%, sur

Photo: depositphotos The Ukrainian government has approved another round of pension indexation, set to take effect on March 1, 2025 . On average, pensions will rise by 11.5% , helping to offset in

Photo: Getty Images The Verkhovna Rada has approved in the first reading draft law №14093 to rename Ukraine’s smallest currency unit, the kopeck , to “shah” . The bill received support from 264 d

Photo: facebook.com KabminUA Ukraine has released at least 800 MW of electrical capacity following a review of critical infrastructure facilities. According to RBC-Ukraine, Prime Minister Yulia Svy

Photo: Getty Images Russia’s intensified assaults on Ukraine’s energy infrastructure are pushing the country’s power grid to the brink of collapse, according to officials and analysts familiar with

Photo: Getty Images The European Union has agreed to freeze Russian assets totaling €210 billion indefinitely, ending the previous practice of renewing the freeze every six months. European Commiss

Photo: depositphotos Over the past weeks, the administration of US President Donald Trump has shared a series of one-page documents with European counterparts, outlining Washington’s vision for rebu

Photo: Getty Images A Russian liquefied natural gas (LNG) export plant has delivered its first shipment to China since U.S. sanctions were imposed in January, signaling growing energy cooperation be

Photo: depositphotos Ukraine has started the implementation of a one-time targeted financial assistance program, providing 6,500 UAH to its most socially vulnerable citizens. According to Prime Min

Photo: depositphotos Washington is reportedly urging several European countries not to use frozen Russian assets to provide a loan to Ukraine, Bloomberg reported, citing European diplomatic sources.

Photo: Getty Images As a result of Russian attacks, the Kherson combined heat and power (CHP) plant has halted operations, leaving 470 buildings and over 40,500 residents without heat , the head of

Photo: depositphotos Ukrainian lawmakers have approved the 2026 state budget despite significant concerns. On Wednesday, 3 December, the Verkhovna Rada passed the country’s main financial plan for 2

Photo: Getty Images The European Central Bank has refused to provide guarantees for a proposed “reparations loan” of €140 billion to Ukraine, which was to be secured by frozen Russian assets, accord

Photo: EPA At the beginning of November, OPEC+ halted its plan to increase oil production to avoid oversupply. Oil prices rose by 2% on December 1 after OPEC+ members confirmed their produc

Photo: Getty Images Kazakhstan said it expects Ukraine to prevent similar incidents from happening again. Two days ago, Bloomberg reported several explosions on two tankers of russia’s “shadow flee

Photo: Getty Images On Friday, November 28, electricity blackout schedules will remain in effect across all regions of Ukraine, according to Ukrenergo ’s Telegram announcement. The company stated

Photo: UNN In the new timetable, Ukrzaliznytsia will change the arrival time of several trains to Poland so that passengers can conveniently transfer to trains bound for Germany. Thanks to this,

Photo: yahoo.com Oil prices fell to a one-month low on Monday amid expectations of an oversupply in the market and the possibility of a peace agreement between Russia and Ukraine. On the morning of

Photo: pixabay Cocoa prices fell 2.7% on 24 November, hitting their lowest level since February 2024, as global supply expectations improved. New York cocoa futures dropped to $5,053 a tonne — about

Photo: Getty Images Following Russian strikes on energy infrastructure, the most severe electricity situation in Ukraine is in Dnipropetrovsk region, where more than 60,000 consumers remain without

Photo: glavcom.ua The Cabinet of Ministers of Ukraine has opened applications for a one-time social payment of 6,500 hryvnias. According to the Department of Information and Communications of the Se

Photo: Getty Images Ukraine will continue scheduled power outages for household consumers on Thursday, November 21, Ukrenergo reported on Telegram. According to the company, from 00:00 to 23:59 mos

Photo: GettyImages Due to a new wave of intense Russian strikes on energy infrastructure, several regions in Ukraine have implemented forced electricity restrictions on November 18. Ukrenergo: Be

Photo: The IMF mission has started its work in Ukraine (facebook.com/roksolana.pidlasa) The International Monetary Fund mission has prepared a new $8 billion lending program for Ukraine. This was r

Photo: Ukrzaliznytsia / Facebook Overall, train traffic has been restored. The suspected sabotage on the Polish railway line between Warsaw and Lublin has been confirmed. Although train services are

Photo: RBC Ukrainian President Volodymyr Zelensky announced an agreement with Greece to supply gas to Ukraine, marking another route to secure imports ahead of the winter season. He shared the news

Photo: reuters Ukraine recorded a slowdown in inflation in October, with the annual rate easing to 10.9% , down from 11.9% in September. Despite this, household utility bills continue to rise. A

Photo: bukvy.org On November 14, most regions of Ukraine will again face electricity consumption restrictions. Ukrenergo cited the consequences of massive Russian missile and drone attacks on energ

Photo: Getty Images The European Commission is exploring ways to compel EU member states to gradually remove Chinese companies Huawei Technologies Co. and ZTE Corp. from their telecommunications net

Photo: Energoatom The Supervisory Board of PJSC “NNEGC Energoatom” has stated that it is taking allegations of corruption involving company employees “with the utmost seriousness.” The announcement

Photo: bloomberg.com Russian oil company Lukoil has declared force majeure at its Iraqi oil field, West Qurna-2, one of the largest oil fields in the world, after U.S. sanctions complicated its oper

Photo: Getty Images The Ministry of Digital Transformation has launched a new initiative that allows citizens and businesses to connect their generators to mobile network base stations during blacko

Photo: Getty Images Analysts warn that this scheme undermines Australia’s support for Ukraine. After Russia’s full-scale invasion of Ukraine, Australia halted direct fuel purchases from Russia. How

Photo: Denys Shmyhal / Telegram Ukraine’s energy system lost at least one gigawatt of generation after Russia’s latest massive attack on November 8, according to a government source cited by Ekonom

Photo: GettyImages The United States has granted Hungary a one-year exemption from US sanctions on Russian oil and gas, Reuters reports. Last month, Trump imposed sanctions on Russian oil companies