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Last month, Ukraine exported goods worth more than $3.8B, 18.7% more than in September. This is the highest indicator for 2024 so far. Since the beginning of the year, the export of goods has reached almost $34.6B. A significant October increase in exports became possible due to rising supplies of agricultural products, which increased in value by 32.3% and in weight by 33.8%. It is predicted that this year’s exports in monetary terms will exceed last year’s figures, when $36.2B

Analysts from the ISW drew attention to a dialogue between Serbian President Oleksandr Vucic and Putin in early October. Vucic raised the topic of a ceasefire in Ukraine, to which Putin replied that Russia would fulfill all the goals of its “SVO.” The ISW assesses these goals as the destruction of Ukrainian statehood and power. “During a press conference with Hungarian Prime Minister Viktor Orbán on July 5, Putin flatly rejected any ceasefire agreement, claiming that it would allow Ukraine

Last week, Russia seized more territory in its war with Ukraine than at any time in 2024. In recent months, Russian troops have made significant advances in the east of Ukraine, gaining territory despite suffering substantial losses. Since August 6, the Russian Federation has seized 1,146 square kilometers in Ukraine, which is about 25% more than in the first seven months of the year. Over the past week, the Russian military has also advanced 200 square kilometers. According to Estonian

Ukraine will not give up its territories regardless of the outcome of the US election and the next president’s policy regarding Ukraine, President Zelenskyy told South Korean TV channel KBS. The Ukrainian president added that if support weakens, it will allow Russia to expand its occupation, and Ukraine will lose its chance to win. Zelenskyy emphasized that it is not about compromises regarding the temporarily occupied territories but about different diplomatic approaches that are dependent on US policy. Presidential candidate

The US Department of Defense announced additional security assistance to Ukraine worth about $425M for the purchase of ammunition for the NASAMS and HIMARS systems, Stinger missiles, c-UAS mobile missile systems, air-to-ground ammunition, artillery ammunition, anti-tank weapons, Stryker armored personnel carriers, small arms and ammunition, medical equipment and more. American UAVs have proven to be ineffective on the Ukrainian battlefield, with most being destroyed with the help of EW. The exception is a drone using AI and Nvidia chips from

“If earlier the West spoke very cautiously about the possibility of using these assets, now we hear the statements of the G7 that these assets will remain immobilized. This is a ‘break in the position of the West’, and we consider the $50B loan as the first step to access the bodies of ‘immobilized assets,”  stated the head of the NBU, Andriy Pyshnyi. According to him, this path will be neither simple nor quick, but there have been positive developments

Considering gas consumption by power plants, Ukraine will have enough resources for the upcoming winter season, Energy Minister Herman Galushchenko assured the public. According to him, Ukraine has agreements in place that provide the possibility of importing gas “in the necessary volume, if the system needs it.” Last week, Naftogaz recalled that Ukraine used 6.7 billion cubic meters of gas from underground storage in the previous heating season and confirmed the consumption figures are expected to be the same this

Companies from Hungary and Slovakia are close to signing a contract that would supply up to 14 billion cubic meters of gas per year from Azerbaijan following the completion of a transit agreement between Russia and Ukraine, reported Bloomberg. According to the commercial agreement, the Azerbaijani state energy company Socar will supply gas to Sudzha on the Russian-Ukrainian border, and then Hungarian MVM Zrt. and Slovak Slovensky Plynarensky Priemysel will further transport gas to Europe. For this purpose, it is

Kyiv can start making its own ballistic and cruise missiles as early as the middle of 2025, said Director of the state enterprise Spetstechnoexport, Oleksiy Petrov. According to him, flight tests of Ukrainian missiles are already being conducted with positive results. “I can say that both the state and the private sector are moving in this direction. The decision to remove the monopoly on the missile industry was reasonable,” Petrov emphasized. The head of the enterprise noted positive developments in

The World Bank is starting a new $593M program to support small and medium-sized businesses in Ukraine. The financing consists of $283M from the ADVANCE Ukraine trust fund (from Japan), $300M from the Special Program of the International Development Association (IDA) for the recovery of Ukraine and Moldova, and $10M from the Target Fund for Support and Recovery of Ukraine (URTF). The RISE project aims to support 20,000 small and medium-sized enterprises and should save at least 40,000 jobs during

An analytical note published by the Kiel Institute of the World Economy points out that, contrary to claims about vast amounts of aid sent to Ukraine, Germany’s military support is low from a macroeconomic point of view. Since the start of the Russian aggression, Germany has provided €10.6B in military aid to Ukraine (about €4B per year, or 0.1% of GDP). “However, the termination of this aid and Russia’s victory may cost 900-1900% more every year. For Germany, we estimate

The German Audit Office (BRH) has published a report claiming that the government program for simplified employment of Ukrainians, Job-Turbo, has not yielded beneficial results. The program was expected to reach at least 400,000 Ukrainians in Germany, who would be offered employment after integration courses. The BRH audit showed that in 2023 only 20% of those who completed integration courses received a job offer from employment centers, and no Ukrainians were ever hired for a job. In 2024, 40% received

Retailer Varus returned to the development of its network in the Kyiv region, and on November 2 the company opened its first supermarket in the Varus Home format in Bilogorodka. The new store became the fourth unique shopping space using this format in the Varus network, and is focused on creating a comfortable environment for everyday shopping. On October 31 in Kyiv, the Silpo chain launched a new supermarket focusing on molecular cuisine – a concept in which science meets

The bipartisan leaders of the US Helsinki Commission are calling on President Biden to allow Poland to expand its air defenses in the skies over Ukraine, helping shoot down Russian missiles in self-defense. As The Hill notes, Republican Joe Wilson and Democrat Steve Cohen sent a corresponding letter to Biden with a request to “give Poland the authority to intercept and neutralize missiles over Ukraine, especially those that threaten to violate Polish airspace.” Poland is looking to expand its air

The North Korean troops transferred to the Kursk region in Russia, close to the border with Ukraine, are dressed in Russian uniforms and equipped with Russian weapons. “According to the latest intelligence, North Korea has sent 10,000 soldiers who are undergoing training in the eastern part of Russia. Some of these North Korean units have already been transferred closer to Ukraine,” said the head of the US Department of Defense, Lloyd Austin, after a meeting with South Korean Defense Minister

Volodymyr Zelenskyy expressed his disappointment with the the lack of a significant global reaction to the news of North Korean troops being transferred to Russia. “The voices of the US, NATO, Western partners, the Global South, and China do not sound as loud as they should,” Zelenskyy said. According to him, this is very dangerous because it opens a new chapter in the war. “It will be the same as with the occupation of Crimea. Then, there was silence from

The US wants to receive an additional premium on its share of Ukraine’s €45B loan to compensate for the sanctions-related risks that this agreement carries, wrote Politico. The premium being negotiated is 1.3% above the cost of Washington’s borrowing in financial markets. It also considers the risk that immobilized Russian assets that will be used to repay the loan may be unfrozen before the amount is fully repaid, which will take about 30 years. Washington’s requested allowance would add another

The Assistant Secretary General of the UN for European Affairs, Miroslav Jenca, said that due to the war, millions of people living in the east or south of Ukraine may be forced to leave their homes. At the same time, millions of Ukrainians are already considered displaced persons and in need of humanitarian assistance. Jenca, detailing their struggles: “Large-scale damage to the energy infrastructure creates risks of worsening the already terrible humanitarian situation, as well as access to basic services

The winner of the auction for the privatization of the Hotel Ukraine paid ₴2.5B and ₴502M in VAT, delivering more than ₴3B to Ukraine’s coffers. With that, according to the Ministry of Economy, and thanks to privatization, a total of ₴5.7B has been provided to the state budget since the beginning of the year, exceeding planned revenue for 2024 by ₴1.7B. Under the terms of the sale, the Hotel Ukraine’s investor must maintain the enterprise’s primary business activity and repay

The Kharkiv agro-industrial group of companies NovaAgro acquired 56.9% of French company AgroGeneration, which is the sole owner of AgroGeneration Ukraine (Kharkiv). NovaAgro Ukraine purchased this share from Cyprus company Konkur Investments Limited for $4.54M. AgroGeneration, founded in 2007, is a large producer of grain and oil crops and has a land bank of 30,000 hectares in the Kharkiv region. Founded in 2009, the NovaAgro group is one of the leading agricultural companies in the Kharkiv region. It purchases products