Ukraine and EBRD Review Energy and Infrastructure Financing Plans

(KYIV, UKRAINE) – The European Bank for Reconstruction and Development has committed more than €1.4 billion (around $1.53 billion or £1.2 billion) to projects in Ukraine since the start of this year, covering energy, transport and critical infrastructure recovery with concrete results expected before the end of 2026. Prime MinisterContinue Reading

Sunflower Oil Giant Allseeds Pauses Production in Southern Ukraine

(KYIV, UKRAINE) – The Allseeds group, one of Ukraine’s largest producers and exporters of vegetable oils and oilseed meals, has suspended operations in the Odesa region, citing a sharp rise in security risks from Russian missile and drone attacks on port and logistics infrastructure. The company made the announcement inContinue Reading

Egypt and Libya Vulnerable to Russian Export Blockage, Zelensky Says

(KYIV, UKRAINE) – Global food security faces a renewed threat from Russian actions blocking grain shipments from the Black Sea region, with several import dependent nations across the Middle East and North Africa at risk of rising food costs. President Volodymyr Zelensky said in a video address that deliberate RussianContinue Reading

Valencia Plant to Host Ford Geely Electric Venture

(VALENCIA, SPAIN) – Ford and Chinese automaker Geely Auto have announced plans to jointly produce low and zero emission vehicles at Ford’s factory in Valencia. The partnership aims to revive Ford’s position in the European market as it faces intensifying competition from fast growing Chinese rivals. The joint venture, whichContinue Reading