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The final declaration of the G20 summit contains no condemnation of the Russian Federation's actions.

Today’s News

Wednesday, November 20

The final declaration of the G20 summit contains no condemnation of the Russian Federation's actions. In the statement from the G20 leaders that was adopted at summit in Rio de Janeiro’s conclusion, there is only one mention of the war in Ukraine. “Rega...

At the G20 summit, Erdogan plans to propose that the war in Ukraine be frozen.

Tuesday, November 19

At the G20 summit, Erdogan plans to propose that the war in Ukraine be frozen.

The US will allow Ukraine to strike Russian territory with long-range missiles, and France and Britain follow the US’ lead.

Monday, November 18

The US will allow Ukraine to strike Russian territory with long-range missiles, and France and...

The EU has begun to consider exchanging land in peace negotiations for security guarantees.

Friday, November 15

The EU has begun to consider exchanging land in peace negotiations for security guarantees.

The Kremlin rejects any concessions in negotiations with the Trump administration regarding Ukraine.

Friday, November 15

The Kremlin rejects any concessions in negotiations with the Trump administration regarding...

Morning Economic Digest

Straight, factual, timely and investable business news and economic trends from Ukraine, Europe’s next Frontier Economy.

Today’s News

Wednesday, November 20

The US announces a new military aid package to Ukraine, and France and Britain do not oppose Ukraine's use of long-range strikes, but want restrictions.

The US announces a new military aid package to Ukraine, and France and Britain do not oppose Ukraine's use of long-range strikes, but want restrictions. In the coming days, the US will announce a new package of defense aid to Ukraine, said the permanent representative of the US to the UN, Linda Thomas-Greenfield, at a meeting of the UN Security Counci...

Zelenskyy presents an internal sustainability plan to the Ukrainian Parliament.

Zelenskyy presents an internal sustainability plan to the Ukrainian Parliament. The plan contains 10 points that address issues of unity, human capital, and cultural sovereignty. Zelenskyy plans to present the full version of the plan together with its annexes next month. These a...

Ukraine has increased missile production and is preparing a financial basis for developing the domestic defense industry.

Ukraine has increased missile production and is preparing a financial basis for developing the domestic defense industry. Internal investment in weapons production and involving partners will form a reliable financial basis for the further development of the Ukrainian defense-industrial complex, President Zelenskyy said ...

Ukraine's western regions have the most investment activity in the construction sector.

Ukraine's western regions have the most investment activity in the construction sector. In 2024, the Western regions continued their leadership in the Ukrainian construction market in terms of investment flows, the amount of new housing construction, and price growth. For almost three ye...

Europe must double its defense spending after Trump's inauguration; Poland will produce explosives and ammunition.

Europe must double its defense spending after Trump's inauguration; Poland will produce explosives and ammunition. Europe will probably have to double its defense spending to address the challenge of Russia’s aggression against Ukraine, as well as a possible reduction in American support with Donald Trump...

Ukraine used ATACMS for the first time in the Russian Federation; Trump says this is an escalation of the war.

Ukraine used ATACMS for the first time in the Russian Federation; Trump says this is an escalation of the war. Defense forces struck a Russian ammunition warehouse in the Bryansk region with US-supplied ATACMS missiles, 110 km from the border with Ukraine. At least 12 secondary explosions and detonations took ...

DTEK is building a wind farm near the front, which will provide electricity to more than a million families. How can Ukraine attract RES investment?

DTEK is building a wind farm near the front, which will provide electricity to more than a million families. How can Ukraine attract RES investment? DTEK representative Nataliya Slobodian said: “This is the only case in world history when a renewable generation facility is being built 100 km from a front line under martial law. We have compl...

Ukraine presents an investment portfolio of green projects worth $78B.

Ukraine presents an investment portfolio of green projects worth $78B. At the UN COP29 International Climate Conference, Deputy Minister of Economy Andrii Telyupa presented the Ukrainian National Energy and Climate Plan (NECP), which was developed and approved in less th...

Since the beginning of the full-scale war, the EBRD has invested €2B in Ukrainian energy and is ready to continue.

Since the beginning of the full-scale war, the EBRD has invested €2B in Ukrainian energy and is ready to continue. EBRD representative Olha Yeromina reported that since the beginning of the full-scale war, the bank has invested approximately €5B in Ukraine and approximately €2B to implement energy projects, partic...

During the 1,000 days of the war, Polish businesses have opened 300 companies in Ukraine and are preparing for its reconstruction.

During the 1,000 days of the war, Polish businesses have opened 300 companies in Ukraine and are preparing for its reconstruction. Experts believe that Ukraine can become the same opportunity for Polish companies as Poland was for German companies in the early 90s. Polish companies are not leaving Ukraine, although many are ̶...

Tuesday, November 19

At the G20 summit, Erdogan plans to propose that the war in Ukraine be frozen.

At the G20 summit, Erdogan plans to propose that the war in Ukraine be frozen. Turkish President Recep Tayyip Erdogan intends to present his proposal for freezing the war in Ukraine “at the current level” at the G20 summit in Rio de Janeiro. According to Erdogan̵...

North Korea’s participation in the war against Ukraine convinced Biden to lift restrictions on long-range strikes.

North Korea’s participation in the war against Ukraine convinced Biden to lift restrictions on long-range strikes. The initial targets may be Russian positions in the Kursk region, where about 10,000 Korean troops are currently stationed. ATACMS strikes are believed to be more effective than long-range Ukrainian d...

North Korea might send 100,000 troops and transfer long-range weapons to Russia; China, despite its denials, is also arming Russia.

North Korea might send 100,000 troops and transfer long-range weapons to Russia; China, despite its denials, is also arming Russia. North Korea may deploy up to 100,000 soldiers to help Russia in its war against Ukraine. According to Bloomberg, this military support is likely to occur in stages with troop rotation over time rather...

In October, Ukraine’s GDP growth slowed three times, while the export figure exceeded the previous year’s volume.

In October, Ukraine’s GDP growth slowed three times, while the export figure exceeded the previous year’s volume. Ukraine’s economy grew by 4.2% over the 10 months of the year, and in October growth slowed to 1.3% against 3.8% in September, reports the Ministry of Economy. It is noted that the drivers of gr...

What can Trump demand from Putin in negotiations to end the war in Ukraine?

What can Trump demand from Putin in negotiations to end the war in Ukraine? Former Deputy Secretary General of NATO Rose Gottemoeller believes that newly elected US President Donald Trump has every opportunity to change the war’s dynamics. Putin presumably wants to retu...

The coalition collapse in Germany could jeopardize the supply of drones to Ukraine, but Germany has already started providing the Mini-Taurus.

The coalition collapse in Germany could jeopardize the supply of drones to Ukraine, but Germany has already started providing the Mini-Taurus. Planned drone supplies from Germany to Ukraine may be in jeopardy following the collapse of the ruling coalition government, known as a traffic light coalition. At the same time, Minister of Foreign A...

NEQSOL Holding, after the purchase of Ukraine’s titanium giant, attracts foreign companies to develop a new strategy for the enterprise.

NEQSOL Holding, after the purchase of Ukraine’s titanium giant, attracts foreign companies to develop a new strategy for the enterprise. NEQSOL Holding, the owner of the second-largest Ukrainian mobile operator, Vodafone Ukraine, has paid ₴3.94B to the state budget of Ukraine for the purchase at the privatization auction of the largest...

The EU has paid Russia over €200B for oil and gas since the start of the full-scale war.

The EU has paid Russia over €200B for oil and gas since the start of the full-scale war. Since the beginning of the Russian Federation’s full-scale invasion of Ukraine, Moscow’s income from the export of fossil fuels has reached almost €785B. Despite sanctions, the EU remains ...

State banks are displacing their competitors: How much did financial institutions earn in three quarters of the year?

State banks are displacing their competitors: How much did financial institutions earn in three quarters of the year? After paying taxes, 62 Ukrainian banks generated ₴117.63B ($2.8B) in profit for the first nine months of the year. Even though the banking sector’s tax rate increased significantly this year, to...

In winter, the Russians will focus on capturing front-line cities; Kupyansk is among the targets.

In winter, the Russians will focus on capturing front-line cities; Kupyansk is among the targets. Russian troops are likely to focus on capturing Ukrainian front-line cities and towns during the winter campaign of 2024-2025, the ISW predicts. This tactic will allow them to compensate for Ukraine&#...

The hryvnia’s fate: Experts provide their forecasts.

The hryvnia’s fate: Experts provide their forecasts. Bankers, households, and financial analysts expect the dollar to the hryvnia exchange rate to rise over the next 12 months. Banks predict that the exchange rate will be ₴44.92 per $1, which is higher ...

Monday, November 18

The US will allow Ukraine to strike Russian territory with long-range missiles, and France and Britain follow the US’ lead.

The US will allow Ukraine to strike Russian territory with long-range missiles, and France and Britain follow the US’ lead. After months of negotiations with Washington, the Biden administration, with two months left in office, has for the first time authorized the Ukrainian military to use American ATACMS to strike Russia...

The G7 will continue to support Ukraine’s resistance to Russian aggression, and the Pentagon will speed up weapons delivery.

The G7 will continue to support Ukraine’s resistance to Russian aggression, and the Pentagon will speed up weapons delivery. The G7 countries will continue to provide Ukraine with the necessary assistance and support to protect it from Russian aggression for as long as necessary, the G7 leaders said in a statement. “W...

Olaf Scholz had a telephone conversation with President Putin.

Olaf Scholz had a telephone conversation with President Putin. German Chancellor Olaf Scholz called the Russian dictator for the first time in almost two years. The German government noted that the chancellor called on Putin to negotiate an end to the war. Presid...

Ukraine has begun mass production of EW-resistant drones and developed four types of missiles.

Ukraine has begun mass production of EW-resistant drones and developed four types of missiles. Ukrainian attack drone companies plan to increase their production of inexpensive and effective kamikaze drones that are not affected by Russian electronic warfare (EW) systems to an industrial scale ...

Ukraine will receive financial support from the World Bank, the EU, and Finland.

Ukraine will receive financial support from the World Bank, the EU, and Finland. Ukraine will obtain soft loans totaling over $1B from the World Bank and €150M from the EU. “Within the framework of this agreement, the money will be directed to the restoration of the port inf...

Ukraine passes Russia and becomes Germany’s leading trading partner among the post-Soviet countries.

Ukraine passes Russia and becomes Germany’s leading trading partner among the post-Soviet countries. Russia has lost its long-standing position and dropped to second place, according to data on German export and import operations for three quarters of the year, published by the German Committee on Ea...

The EU is working to deploy new sanctions against the Russian shadow fleet by the end of the year; current restrictions affect less than 50% of Russian oil exports.

The EU is working to deploy new sanctions against the Russian shadow fleet by the end of the year; current restrictions affect less than 50% of Russian oil exports. According to Bloomberg, the sanctions package, which the EU plans to approve by the end of the year, will also include sanctions against those involved in this trade. Member states are still negotiati...

ISW: New signs of future problems in the Russian economy.

ISW: New signs of future problems in the Russian economy. According to the Institute for the Study of War, the Kremlin recently adopted several measures aimed at reducing public spending on treating wounded Russian servicemen, fighting inflation, and solving...

Ukraine increased its turnover from the export of grain and oilseeds by $1.6B.

Ukraine increased its turnover from the export of grain and oilseeds by $1.6B. Export turnover of grain, oilseeds, meal, and oil in the 2024/2025 season (July-October) amounted to $6.1B, which is $1.6B more than last season. Farmers received significantly more from the export of...

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