Section: Economy
Isn’t it time for Ukraine to stop the transit of Russian gas, oil, and ammonia?
Repeatedly it has been said and continues to be said — how come Ukraine continues the transit of Russian gas and oil through its territory while Russia has been waging a genocidal war against Ukraine for ten years? The question has become more acute after February 24, 2022, and especially after September 11, when Russia launched massive missile...
Games around oil: will Russia lose from the OPEC+ decision?
OPEC+ production cuts and market response OPEC+ members (Algeria, Angola, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, the Republic of the Congo, Saudi Arabia, the United Arab Emirates and Venezuela plus other oil-producing countries, formed in late 2016 to exert more control on the global crude-oil market) at the initiative of...
External funding of post-war recovery in Ukraine: it may be significantly less than necessary and vastly less than the expectations of Ukrainian citizens
The challenge of obtaining compensation A false belief has formed in broad sections of Ukrainian society, including thanks to the so-called “positive bloggers,” that after the active phase of hostilities ends in Ukraine, a guaranteed monetary windfall awaits. And primarily, this will supposedly happen through reparations that the...
Will Ukraine export gas? Whom and why is it needed during the war?
The impact of reduced gas production and demand The idea of exporting scarce gas during wartime, which is floating somewhere in the Ministry of Energy, the financial and energy committees of the parliament, seems strange at first glance. And on second glance as well. However, there is undoubtedly some logic to it. Sometimes it makes sense to...
Who will rebuild Ukraine? What does the arrival of the world’s largest investor mean?
In recent weeks, several events important for the economic recovery of Ukraine after its victory have taken place. The visits of Ukrainian President Volodymyr Zelenskyy to Italy and Germany, the first since the beginning of the full-scale phase of the Russian-Ukrainian war, were primarily viewed through the lens of purely security issues. For...
20 billion for Putin. Why don’t Western countries dare to impose sanctions against Russian metals and diamonds?
Over the past year, European Union countries have refused or restricted imports of Russian oil and oil products, coal, and natural gas. These are the main but by no means the only, sources of revenue for the Kremlin. If we do not take into account the sensitive issues of grain and fertilizer sales, there are a number of other Russian goods that...
Arctic, industrial espionage, and sanctions circumvention. What threats do Nordic intelligence agencies see in Russia?
Recently, a number of European media outlets published information about the Kremlin’s plans to conquer the Baltic countries, which were formulated around 2021. Among these plans is the formation of a network of soft power organizations that advocate for cooperation with Russia; preventing further militarization of Estonia, Latvia, and...
“Ukraine’s losses will amount to trillions of dollars” — economist on the consequences of the war
The losses of Ukraine as a result of the full-scale invasion by the Russian Federation already exceed $700 billion, according to the government’s data. The amount has increased due to the constant Russian attacks on infrastructure objects. The European Commission estimates the losses at 600 billion euros. Last year in September,...
Russia’s war caused losses to the culture of Ukraine in the amount of almost $7B
The Minister of Culture and Information Policy of Ukraine Oleksandr Tkachenko informed on April 28, 2023, that losses in the field of culture due to Russia’s war in Ukraine today amount to almost $7 billion. Source: The Minister of Culture and Information Policy of Ukraine Oleksandr Tkachenko “We currently estimate the damage in the...
Denmark allocated €1B for the reconstruction of Ukraine
The Minister of Foreign Affairs of Denmark Lars Løkke Rasmussen noted on April 28, 2023, during the briefing in Odesa (a city in the south of Ukraine) that the Danish government has launched a new support program for Ukraine for 2023. Source: The Minister of Foreign Affairs of Denmark Lars Løkke Rasmussen “In recent months, we launched a...