Section: Economy

      USA sanctioned 22 individuals and entities that help Russia circumvent sanctions
      Feb02

      USA sanctioned 22 individuals and entities that help Russia circumvent sanctions

      US Department of the Treasury noted on February 1, 2023, that it has imposed sanctions against 12 legal entities and 10 individuals in various countries that help the Russian authorities evade Western sanctions and support the military-industrial complex of the Russian army. Source: US Department of the Treasury “Russia’s desperate attempts...

      Austria will provide Ukraine with €5M to restore transformer substations
      Feb02

      Austria will provide Ukraine with €5M to restore transformer substations

      The President of Austria Alexander Van der Bellen noted on February 1, 2023, during his visit to Ukraine’s capital, that the Ministry of Climate Action, Environment, Energy, Mobility, Innovation and Technology of Austria would allocate 5 million euros to restore transformer substations in Ukraine, damaged by Russian missile attacks. Source:...

      Ukraine Energy Support Fund raised more than €144 million
      Feb01

      Ukraine Energy Support Fund raised more than €144 million

      The press service of the Ministry of Energy of Ukraine noted on February 1, 2023, that the Ukraine Energy Support Fund has already raised EUR 144.366 million from European partners for the purchase of energy equipment destroyed by Russian missile attacks. Source: The press service of the Ministry of Energy of Ukraine “As of February 1,...

      Japan allocates $170 million to restore Ukraine’s infrastructure
      Feb01

      Japan allocates $170 million to restore Ukraine’s infrastructure

      Ukrainian Infrastructure Minister Oleksandr Kubrakov informed on February 1, 2023, that the Japanese government is allocating 170 million US dollars for the implementation of emergency recovery projects, including the reconstruction of Ukraine’s critical infrastructure. Source: Ukrainian Infrastructure Minister Oleksandr Kubrakov “The...

      Diaspora from Canada sent 156 generators worth more than $1 million to Ukraine: photos
      Feb01

      Diaspora from Canada sent 156 generators worth more than $1 million to Ukraine: photos

      Victor Hetmanchuk, the head of the Canada-Ukraine Foundation noted on February 1, 2023, that last week, 156 generators purchased with charitable contributions from Canadian residents arrived in Ukraine. Source: Victor Hetmanchuk, the head of the Canada-Ukraine Foundation According to Victor Hetmanchuk, the Ministry of Energy of Ukraine received...

      US corporation will allocate $250M to support Ukrainian business, – Ukraine’s Prime Minister
      Feb01

      US corporation will allocate $250M to support Ukrainian business, – Ukraine’s Prime Minister

      The Prime Minister of Ukraine Denys Shmyhal reported on January 31, 2023, that the US International Development Finance Corporation (DFC) would allocate 250 million dollars to support Ukrainian small and medium-sized businesses this year. Source: The Prime Minister of Ukraine Denys Shmyhal “US International Development Finance Corporation...

      Ukraine has exported 19 million tons of agricultural products as part of the grain initiative
      Jan31

      Ukraine has exported 19 million tons of agricultural products as part of the grain initiative

      The Deputy Minister of Agricultural Policy and Food of Ukraine Markiyan Dmytrasevych noted on January 31, 2023, that Ukraine has exported 19 million tons of agricultural products through sea ports since the beginning of the “grain agreement” (from August 1, 2022). Source: The Deputy Minister of Agricultural Policy and Food of Ukraine...

      Lithuanians collect 5 million euros for air defense radars for Ukraine
      Jan30

      Lithuanians collect 5 million euros for air defense radars for Ukraine

      The Lithuanian journalist Andrius Tapinas noted on Twitter on January 30, 2023, that a coalition of four initiatives to support Ukraine in Lithuania has started collecting money to buy five air defense radars to hand them over to the Armed Forces of Ukraine. Source: The Lithuanian journalist Andrius Tapinas According to the Lithuanian journalist,...

      EU will discuss ways to support the agricultural sector of Ukraine
      Jan30

      EU will discuss ways to support the agricultural sector of Ukraine

      The Swedish Minister for Rural Affairs, Peter Kullgren noted that the EU Agriculture and Fisheries Council on January 30, 2023, in Brussels would, among other issues, confirm solidarity with Ukraine and discuss further ways to support its agricultural sector. Source: The Swedish Minister for Rural Affairs, Peter Kullgren Peter Kullgren noted that...

      Belgium approved the largest military aid package for Ukraine in the amount of €92M
      Jan28

      Belgium approved the largest military aid package for Ukraine in the amount of €92M

      The Prime Minister of Belgium Alexander De Croo confirmed on January 27, 2023, the allocation of the largest military aid package for Ukraine in the amount of 92 million euros. Also, Belgium will send 69 million euros of humanitarian aid to Ukraine. Source: The Prime Minister of Belgium Alexander De Croo “It is the largest military package...