Economy

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 Power outages to continue in Ukraine on the last day of autumn, November 30, with schedules set to intensify. Between 0.5 and 3 circuits will be switched off simultaneously throu

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: 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: Getty Images Lithuanian Railways (LTG) has stopped the transit of Russian oil products to the Russian exclave of Kaliningrad as of 21 November, citing sanctions targeting Lukoil and related c

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: 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: Getty Images In Ukraine, rolling power outages for residential consumers will continue on November 17 . Between one and four blocks may be disconnected at the same time, a deterioration co

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: 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: UNN Electricity restrictions in Ukraine will remain necessary at least until the end of the heating season. This statement was made by Serhiy Nahorniak, a member of the parliamentary Committ

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 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

Photo: ERA Less than half of Ukraine’s defence companies are currently ready to enter the international market. President Volodymyr Zelensky recently announced that Ukraine will open its first two a

Photo: epravda The free railway travel program “UZ-3000” is set to launch on December 1 and will run for four months , Prime Minister Yuliia Svyrydenko announced during a government Q&A s

Photo: EPA Airports in New York and Chicago are expected to be among those affected by flight reductions amid the ongoing U.S. government shutdown. U.S. Transportation Secretary Sean Duffy announce

Photo: The Guardian China has expressed its readiness to begin negotiations with the European Union on a free trade agreement. According to Beijing, there is significant potential for cooperation, p

Photo: depositphotos Ukraine has approved an increase in financial assistance for parents caring for children under the age of one. The changes will take effect on January 1, 2026 , once the law is

Photo: depositphotos Since the beginning of the year, global oil consumption has increased by 850,000 barrels per day. On November 6, oil prices rose after previously hitting a two-week low, as fea

Photo: depositphotos Power outages will occur across all regions of Ukraine today. Russia continues its campaign of energy terror. On Wednesday, November 5, Russian forces struck energy infrastruct

Photo: Getty Images Russia’s seaborne crude exports have plunged to the lowest weekly level in 10 weeks, marking the sharpest drop since January 2024 as new U.S. sanctions push key buyers away from

Photo: Ukrzaliznytsia/Telegram The president promised that the government will not raise gas or electricity prices during the winter. President of Ukraine Volodymyr Zelensky instructed the Cabinet o

Photo: depositphotos The bank reported that they are working to resolve the issue. On the morning of Saturday, November 1, the Privat24 app experienced a technical failure. Users have been facing

Photo: depositphotos The price of ESPO crude has fallen, making it attractive to Indian buyers. Indian Oil Corp. purchased five cargoes of Russian oil from companies not subject to sanctions, with d

Photo: dw The updated trade agreement between Ukraine and the European Union has officially entered into force, the European Commission announced on Wednesday. "Starting today, both the EU and

Photo: The New York Times US and Chinese officials have concluded a new round of negotiations that could pave the way for a high-stakes meeting between US President Donald Trump and the head of Chin

Photo: EPA-EFE Following the introduction of American sanctions against Rosneft and Lukoil, Chinese state-owned oil companies have halted purchases of Russian crude transported by sea. Indian refine

Photo: depositphotos Historically, India has not been a major importer of Russian oil, relying more on the Middle East. However, the situation shifted after Russia’s full-scale invasion of Ukraine i

Photo: Getty Images U.S. President Donald Trump has announced new sanctions against Russia’s two largest energy companies amid Washington’s growing frustration with the ongoing war in Ukraine, The

Photo: Pixabay Hourly electricity outage schedules introduced in Kyiv and seven other regions – DTEK and regional energy companies NEC “Ukrenergo” has ordered the implementation of hourly electrici

Photo: ERA The United States is resisting a European Union-led plan to expand the use of frozen Russian assets to support Ukraine, Bloomberg reports, citing people familiar with the discussions. A

Photo: pexels Ukrainian companies anticipate a sharp increase in consumer prices over the next 12 months, forecasting inflation at 11.4% , nearly double the official projection of the National Ban

Photo: UNN Kyiv and Washington are preparing a contract for the supply of 25 Patriot air defense systems, President Volodymyr Zelensky announced during a meeting with journalists. “In coordination

Photo: freepik Ukraine’s Cabinet plans to introduce a one-time payment of ₴6,500 under a new social initiative called “Warm Winter.” The program, outlined in a draft government resolution, aims to

Photo: bloomberg The global oil market may see a surplus of up to 4 million barrels per day (b/d) next year, as OPEC+ countries and other producers increase output while demand remains weak. Ac