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Minister of Finance Serhiy Marchenko reveals that the war in Ukraine incurs daily costs of 5.6 billion UAH, leading to a significant financial and moral crisis
USAID’s AGRI-Ukraine initiative secures $510 million in support, boosting Ukrainian agriculture with increased production and alternative export routes, contributing $17 billion to the economy
Ukrainian drone manufacturer Skyeton has established production facilities in Slovakia, focusing on the production of Raybird reconnaissance drones for the Ukrainian Armed Forces
Swiss oil trader Vitol Group pays $6.4 billion to top managers in 2023 amidst record profits driven by the war in Ukraine and the global energy crisis.
Germany has delivered a new batch of military equipment to Ukraine, including eight Leopard 1A5 tanks, which will significantly enhance Ukraine’s ground operations capabilities
The United States has announced a new $200 million military aid package for Ukraine, including interceptor missiles, HIMARS systems, and artillery ammunition, to bolster Ukraine’s defense capabilities
Latvia is set to transfer 100 drones to Ukraine, funded by a charity initiative led by Foreign Minister Baiba Braje
The Verkhovna Rada has passed a draft law (No. 7331) that simplifies business conditions during martial law by allowing businesses to operate with a declaration in lieu of traditional permits and licenses
The Ministry of Defense of Ukraine has supported the draft law on creating private military companies (PMCs) but emphasized the need for a clear legal framework and alignment with the Constitution and international treaties
The US officially backs Ukraine’s efforts to enhance nuclear energy capacity to address electricity generation challenges caused by ongoing Russian missile attacks
Deputies of the Verkhovna Rada propose a new segmental approach to categorize entrepreneurs into five distinct categories, aiming to provide targeted regulatory benefits and support
UNESCO has established a Recovery Support Office in Ukraine under the Ministry of Culture and Information Policy (ICIP), aimed at restoring cultural heritage and infrastructure affected by the Russian invasion
Caritas, in cooperation with Caritas Germany and funded by the German Federal Foreign Office, has allocated €1.5 million in humanitarian aid to support Ukraine’s medical infrastructure and assist affected families
Penny Pritzker, the US Special Representative for the Economic Recovery of Ukraine, arrived in Kyiv to discuss rebuilding efforts and promote a transparent business environment and rule of law
Japanese Minister of Education, Culture, Sports and Science, Moriyama Masahito, arrived in Kyiv to discuss joint projects and cooperation in cultural and educational fields
The “Drone Coalition” creates a €45 million fund for Ukraine to supply 1 million drones and advanced drone technologies, enhancing Ukraine’s defense capabilities
Ukraine issues its first licenses for craft alcohol production to small enterprises, thanks to recent legislative changes simplifying the regulatory framework
Former US Secretary of State Mike Pompeo and David Urban outline a potential peace plan for Ukraine under Donald Trump, emphasizing military and economic strategies to counter Russian aggression
The European Union has provided 68 generators to support Ukrainian critical infrastructure, addressing the impacts of Russian attacks on the energy sector
The streets of Kyiv, rich with ancient history, offer a unique blend of tradition and modernity, making the city a magnet for bold investors in elite real estate
Lithuania plans to allocate an additional €20 million for the acquisition of various combat and reconnaissance drones, aiming to enhance its military capabilities
The “Made in Ukraine” program has branded over 26 million product items within six months, supporting domestic manufacturers and boosting the national economy
The G7 countries are set to finalize a framework agreement for a $50 billion loan to Ukraine, serviced by revenues from frozen Russian assets, by October
In the first half of 2024, Ukraine’s honey exports reached 48,000 tons, generating over $91 million in foreign exchange earnings, despite a drop in average prices
