Ukrainian Prime Minister Denys Shmyhal has accused Russia of orchestrating a global food crisis, denounced its blockage of Ukrainian ports and called on the UN and international partners to take decisive action to respond to these challenges.
02 June 2022
Ukraine may receive USD 4.8 billion in funding from international partners within this month.
Despite gradual recovery of the Ukrainian economy, the trend toward accelerating inflation will prevail in the coming months.
Ukraine will receive 330 million euros from the European Union under the emergency assistance program. These funds are intended to support the population affected by Russia's war against Ukraine and will facilitate strengthening the country's resilience.
The National Bank of Ukraine (NBU) has raised its main interest rate from 10% to 25%.
Head of the President's Office Andriy Yermak suggested establishing an advisory council on food and energy with the participation of Gulf states, opening offices of Arab TV companies in Ukraine and called on the Gulf states to join the sanctions against Russia.
Russia must take the first step to unblock Ukrainian food exports by withdrawing its forces in the maritime waters around Ukraine and providing security guarantees against attacks on ports and commercial convoys.
The U.S. administration, together with allies and partners, are working out options to ease the fallout of the food crisis that is unfolding over the ongoing war Russia is waging against Ukraine, to unblock Ukrainian seaports and help Ukraine export its grain intended for global markets.
Minister of Energy of Ukraine Herman Galushchenko and Minister of Climate and Environment of Poland Anna Moskwa signed a Memorandum of Intent on cooperation in the field of energy.
01 June 2022
Ukraine and Poland plan to set up a joint defense enterprise to produce weapons and military equipment.
Poland intends to become an economic hub for Ukraine, Polish Prime Minister Mateusz Morawiecki has said.
Pope Francis has appealed for an end to the blockage of grain exports from Ukraine.
The European Union may introduce an insurance ban for ships carrying Russian oil.
Ukrainian Foreign Minister Dmytro Kuleba has called on Australia to provide more weapons to Ukraine and proposed including the country in the Australian System of Tariff Preferences.
31 May 2022
The Kremlin regime may lose between US$10 billion and $25 billion once the sixth package of EU sanctions is introduced.
Over the past three months, financial support received from Ukraine's allies has already exceeded $7 billion.
The assets, accounts and shares of Russia’s Tatneft Group, totaling about UAH 2 billion, have been seized in Ukraine.
Ukraine has exported more than 46.9 million tonnes of grain and leguminous crops as of May 30, including 1.06 million tonnes in May.
EU member states have reached an agreement that will impose a partial embargo on the purchase of Russian oil, disconnect Russia's Sberbank from the international payment system SWIFT, and ban three more Russian state broadcasters.
The European Union is set to provide Ukraine with another EUR 9 billion in macro-financial assistance.
30 May 2022
Russia has illegally exported from the temporarily occupied territories of Ukraine almost half a million tonnes of grain.
Farmers from Vinnytsia Region are ready to export about 1.75 million tonnes of grain, which is now kept in grain elevators.
29 May 2022
New satellite imagery shows that a Russian freighter full of grain allegedly stolen from Ukrainian farms has arrived in the Syrian port of Latakia -- its second trip within four weeks.
Serbian President Aleksandar Vucic says he had agreed a new three-year gas supply contract in a phone call with his Russian counterpart Vladimir Putin.
In addition to provoking a global food crisis, Russia may start blackmailing Europe over natural gas supplies with the onset of cold weather, so it is now necessary for the Western world to stand strong and united.
Due to the war, about 35% of Ukraine's economy is shut down as of today.
The European Union is considering a naval mission to unblock maritime trading routes in the Black Sea and resume agricultural exports from Ukraine.
More than 600 companies have relocated their capacities from the regions where hostilities are underway. Of those, 390 have already resumed operations.
An investigation by the Observer this weekend reveals at least six superyachts linked to UK-sanctioned oligarchs which have “gone dark” on ocean tracking systems.