Section: Economy

      Ukraine’s President discussed financial support to Ukraine with the EC President
      Nov07

      Ukraine’s President discussed financial support to Ukraine with the EC President

      The President of Ukraine Volodymyr Zelenskyy discussed with the President of the European Commission Ursula von der Leyen the continuation of the export of Ukrainian grain, financial support to Ukraine and sanctions against Iran on November 6, 2022. Source: The President of Ukraine Volodymyr Zelenskyy, the President of the European Commission...

      G7 threatened Belarus with consequences for supporting Russia in the war against Ukraine
      Nov05

      G7 threatened Belarus with consequences for supporting Russia in the war against Ukraine

      If Belarus provides more active support to the Russian Federation in the war against Ukraine, it will face devastating costs, the representatives of the G7 and the EU have warned in their joint statement on November 4, 2022. Source: The representatives of the G7 and the EU The G7 countries and the European Union once again called on Belarus to...

      Lack of food in the world was not caused by sanctions, but by Russia’s war against Ukraine, – EU
      Nov04

      Lack of food in the world was not caused by sanctions, but by Russia’s war against Ukraine, – EU

      Russia’s return to the UN Black Sea Grain Initiative is good news, but it does not change the fact that it was Russia’s aggressive war against Ukraine that caused the global food crisis. It was stated by EU High Representative at the G7 meeting in Germany on November 3, 2022. Source: EU High Representative Josep Borrell “Food...

      Microsoft will provide Ukraine with $100M in technology assistance
      Nov03

      Microsoft will provide Ukraine with $100M in technology assistance

      According to the Minister of Digital Transformation of Ukraine Mykhailo Fedorov, Microsoft is extending its aid to Ukraine until the end of 2023 and will give $100 million in technology support. Source: The Minister of Digital Transformation of Ukraine Mykhailo Fedorov, Brad Smith, the Vice Chairperson of Microsoft “Thanks to technical...

      Russia caused losses to the agricultural sector of Ukraine in the amount of more than $30B
      Nov02

      Russia caused losses to the agricultural sector of Ukraine in the amount of more than $30B

      According to Serhiy Kubakh, the head of the land reform direction of the USAID Program for Agrarian and Rural Development (AGRO), direct losses of the agricultural sector of Ukraine as a result of full-scale Russia’s war against Ukraine amount to more than $6 billion, and total losses amount to more than $30 billion as of November 2, 2022....

      United States allocated $55M in aid to Ukraine to restore the heating infrastructure
      Nov02

      United States allocated $55M in aid to Ukraine to restore the heating infrastructure

      Spokesman of the US Department of State Ned Price noted on November 2, 2022, that the United States government allocated $55 million from USAID funds to repair and maintain the heating infrastructure in Ukraine, as well as additional assistance from the US State Department for demining of liberated Ukrainian territories. Source: Spokesman of the...

      European Commission allocated another €100M to support Ukrainian refugees
      Nov01

      European Commission allocated another €100M to support Ukrainian refugees

      On October 31, 2022, it became known that the European Commission allocates another 100 million euros for the seven member states that host the most refugees from Ukraine. Source: The European Commission “On Friday [October 28, 2022 – ed.], the Commission made available a further €100 million to seven Member States that have been...

      Number of jobs in Ukraine decreased by 2.4 million due to war waged by Russia, – ILO
      Oct31

      Number of jobs in Ukraine decreased by 2.4 million due to war waged by Russia, – ILO

      According to the estimates of the International Labour Organization, employment in Ukraine in 2022 will be 15.5% (2.4 million jobs) below the level of 2021 due to the war waged by Russia. Source: The International Labour Organization (ILO) “In addition to the terrible humanitarian cost, the war in Ukraine has had a dramatic negative impact...

      Russia blocked Ukrainian grain export deal
      Oct30

      Russia blocked Ukrainian grain export deal

      It became known on October 29, 2022, that Russia decided to block the Black Sea grain deal. Ukrainian President Volodymyr Zelenskyy noted that Russia decided to block the agreement on the export of Ukrainian grain, not today, when it officially announced it, but in September, when it actually blocked the movement of ships through the grain...

      EU froze Russian assets worth 17.5 billion euros
      Oct28

      EU froze Russian assets worth 17.5 billion euros

      Christian Wigand, the representative of the European Commission noted on October 27, 2022, that assets of 1,350 Russian individuals and organizations subject to EU sanctions were frozen. Accounts, real estate and yachts of such persons are tracked and frozen by EU member states. Source: Christian Wigand, the representative of the European...