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Thursday, 09 May 2024, 00:04
Ukraine’s economic losses are expected to reach 33-35% of gross domestic product (GDP) due to the war unleashed by Russia, according to the estimates of the Ukrainian Finance Ministry.
The Ukrainian Finance Ministry expects to raise $7.8 billion from international partners before the end of 2022.
Over the past two days, 12 bulkers carrying 400,000 tonnes of agricultural products left the ports of Odesa, Chornomorsk, and Pivdennyi for the countries of Africa, Asia, and Europe.
UK Foreign Secretary James Cleverly today announces the first tranche of UK funding to the Ukraine Energy Support Fund.
13 November 2022
Rolling blackouts will be applied in Kyiv and eight regions across Ukraine on Monday, November 14.
Russian invaders have stolen about 100,000 tonnes of sunflower seeds and corn, harvesters, tractors and other equipment owned by Ukraine’s agricultural company UkrLandFarming in the Kherson region.
As part of the UN’s COP27 Climate Conference, U.S. Special Presidential Envoy for Climate John Kerry and Ukrainian Energy Minister German Galushchenko announced cooperation on a Ukraine Clean Fuels from Small Modular Reactors (SMR) pilot project.
12 November 2022
In the ports of Odesa and Chornomorsk, two bulk carriers are being loaded with wheat intended for the countries that are on the brink of famine.
Core inflation in annual terms is expected to accelerate to 21.5% in October, while remaining under the regulator’s control as its current dynamics correspond to the trajectory laid down by the National Bank in its outlook.
It would be wrong to set time limits for the operation of the grain corridor: the longer the work lasts, the more efficient it will be.
The Netherlands will provide extra EUR 110 million to Ukraine to help with energy supply this winter.
11 November 2022
President Volodymyr Zelensky of Ukraine delivered a video address on the implementation of the European Union's "Solidarity Lanes" initiative.
The European Commission, Czechia, Poland, Romania, Slovakia, Republic of Moldova, Ukraine, the European Investment Bank, the European Bank for Reconstruction and Development, and the World Bank Group signed a joint declaration providing for nearly EUR 1 billion for supporting “Solidarity Lanes” on the borders between Ukraine and the EU member states.
The Cabinet of Ministers of Ukraine has endorsed a decision to launch two more industrial parks, in the Lviv region and the Ternopil region.
The Cabinet of Ministers of Ukraine has endorsed a decision to expand the capacity of Izmail Port, Reni Port and Ust-Dunaisk Port, namely to increase the safety of navigation in the Danube.
The IMF mission on Friday has begun online discussions with Ukraine officials regarding the new lending program.
Emergency power cuts are being applied in significant volumes in Ukraine’s capital Kyiv on Friday, November 11.
The European Union has urged Russia to renew the grain agreement and implement the UN Black Sea Grain Initiative in good faith.
Russian occupiers have caused damage to 958 health facilities and fully destroyed 144 since Russia’s full-scale invasion of Ukraine started. The amount of losses suffered by Ukraine’s medical infrastructure exceeds EUR 1 billion.
10 November 2022
The Norwegian Government is preparing to contribute approximately NOK 1.5 billion (about $144 million) to the British-led International Fund for Ukraine.
Belgium transferred €4.96 million grant contribution to the IMF's Administered Account for Ukraine.
On November 9, 2022, Naftogaz CEO Oleksiy Chernyshov met with United Kingdom Ambassador to Ukraine Melinda Simmons and discussed the expansion of cooperation with the British companies doing business in the oil and gas sector.
09 November 2022
Ukraine's GDP, which is seeing critically low figures amid the ongoing war, will drop even more – by 39% over the year, if systemic power outages due to Russian shelling prevail for at least a few more weeks.
On November 9, 2022, three ships loaded with Ukrainian-produced vegetable oil left Ukraine’s Odesa Port, Chornomorsk Port and Pivdennyi Port as part of the ‘grain initiative’.
The Macro-Financial Assistance (MFA) package worth EUR 18 billion will help Ukraine to cover a significant portion of the country’s budget deficit, totaling $38 billion.
Ukraine wants the Black Sea grain export deal expanded to include more ports and goods, and hopes a decision to extend the agreement for at least a year will be taken next week.
Ukraine has called on the United States to introduce sanctions against Russia's steel industry and to include Ukrainian ore and other products in the Western supply chain, replacing Russia in these markets.
Former governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko, suspected of embezzlement of Ukrgasbank funds, was put on the international wanted list.
Luxembourg has frozen EUR 5.5 billion belonging to Russian individuals and legal entities, which is about a third of all Russian assets blocked on the territory of the European Union.