Kyiv Fields 600,000 Dollar Cruise Missile to Rival Tomahawk

(KYIV, UKRAINE) – Ukraine’s long range Flamingo cruise missile costs six times less than the American Tomahawk, the head of manufacturer Fire Point has said, as the country rapidly expands its domestic precision strike capability. Each Flamingo missile carries 1,150 kilogrammes of explosives, enough to penetrate concrete walls, and isContinue Reading

Magura Maritime Drone Production to Begin in United States

(WASHINGTON, DC) – Ukrainian defence technology firm UForce has signed an agreement with American shipbuilder ReconCraft to manufacture Magura maritime drones in the United States. The deal was formalised at the Ukrainian embassy in Washington and marks the first time the Ukrainian government has officially approved production of the MaguraContinue Reading

Kyiv Seeks WTO Backing on Safe Passage for Grain Vessels

(GENEVA, SWITZERLAND) – Ukraine has called on the World Trade Organization to help restore safe shipping in the Black Sea, warning that Russian attacks on port infrastructure and foreign civilian vessels carrying Ukrainian farm products pose a serious threat to the global trading system and food price stability. Ukraine’s PermanentContinue Reading

Ukraine Corruption Agency Reveals 839 Million Hryvnia Crypto Declarations

(KYIV, UKRAINE) – Ukrainian officials and their family members declared cryptocurrency holdings worth nearly 839 million hryvnias, equivalent to approximately $20.5 million (around £16.1 million or €18.8 million), in their 2025 asset declarations, with the most valuable crypto assets reported by officials based in the capital. The National Agency onContinue Reading

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