World Bank, Ukraine Push Forward on Energy Strategy and RDNA Report

(KYIV, UKRAINE) – Ukraine is pressing ahead with reforms, energy modernisation and damage assessment work in close coordination with the World Bank, Prime Minister Serhiy Koretskyi said following a telephone call with the Bank’s Managing Director of Operations, Anna Bjerde. Koretskyi stated that the discussion covered the continuation of reforms,Continue Reading

Russian Harvest at Risk from Diesel Shortage and Credit Cuts

(KYIV, Ukraine) – Russia’s agricultural sector is facing a deepening crisis that is severely undermining its harvest campaign. A combination of funding cuts, acute fuel shortages, and collapsing export logistics is placing extreme strain on farmers across the country. The Foreign Intelligence Service of Ukraine reported that the Kremlin hasContinue Reading

Europe Widens Curbs on Russian Oil Vessels and Banks

(THE HAGUE, Netherlands) – The European Union’s 21st sanctions package against Russia introduces new restrictions targeting Russian banks, vessels in the shadow fleet, and companies that assist in circumventing existing trade barriers. The measures aim to deepen Moscow’s economic isolation but avoid action on certain key export commodities. The packageContinue Reading

Ukraine Expands Buyer Reward Programme to 22 Partner Banks

(KYIV, UKRAINE) – More than 5 million Ukrainians are now receiving monthly payments through the state cashback programme designed to boost purchases of domestically made goods, the Ministry of Economy and Environment has said. The programme, called National Cashback, has added almost half a million users over the past twoContinue Reading