Economy

24 February 2023

FATF suspends Russia's membership

FATF suspends Russia's membership

The Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog, has decided to suspend Russia's membership of the organization.

Ukraine awaiting FATF's decision on blacklisting Russia - NBU governor

Ukraine awaiting FATF's decision on blacklisting Russia - NBU governor

On the anniversary of Russia’s full-scale invasion, the Financial Action Task Force, FATF, is holding a plenary meeting. Therefore, today Ukraine is waiting for the historic decision of the member states on expelling Russia from the organization and putting it on the "black list."

23 February 2023

Russia already spent 35% of annual defense budget - expert

Russia already spent 35% of annual defense budget - expert

Over the first two months of 2023, Russia has spent almost half of its annual defense budget so, in order to continue the war against Ukraine, will be forced to cut funding for social programs, which is seen as an undesirable step on the eve of the 2024 elections.

22 February 2023

Yermak hopes Black Sea Grain Initiative will be extended

Yermak hopes Black Sea Grain Initiative will be extended

Andriy Yermak, the head of the Office of the President of Ukraine, has said that the Initiative on the Safe Transportation of Grain and Foodstuffs from Ukrainian ports is an important project for the country and the whole world and expressed hope that it would be extended.

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