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News
IMF starts new mission in Ukraine
2+ week, 19+ hour ago (165+ words) A delegation from the International Monetary Fund (IMF), led by Ukraine mission chief Gavin Gray, has begun a new mission in Ukraine and will hold meetings with government officials and other stakeholders. Source: IMF mission in Ukraine, as reported by…...
Key Kremlin state bank predicts Russia will lose war of attrition with Ukraine
4+ week, 2+ day ago (400+ words) Andrei Klepach, chief economist at VEB RF (previously known as Vnesheconombank, Bank for Foreign Economic Affairs), a major Russian state-owned bank, has said that Russia will not be able to win a war of attrition against Ukraine backed by the…...
Cultural exports of wartime Ukraine and their economic potential — KI Insights special briefing
1+ mon, 1+ week ago (241+ words) KI Insights invites you to take part in a special summer briefing that will depart from our standard content to examine contemporary Ukrainian soft power and cultural exports. Ukraine's contribution to the creative arts is not limited to Shevchenko's poetry…...
Russia's small businesses pay the price of spiralling Ukraine war
2+ mon, 2+ week ago (613+ words) In a Moscow suburb, shut-down shops and "for rent" signs reveal the creeping toll of Russia's slowing wartime economy. Amid huge outlays on its war in Ukraine, tax rises, stubborn inflation and nervy consumers are all weighing on Russia's small…...
Ukraine holds key rate at 15% as inflation risks persist after Middle East energy shock
2+ mon, 3+ week ago (401+ words) The National Bank of Ukraine voted to keep its benchmark interest rate unchanged at 15% on June 18 as policymakers remain cautious in the wake of a peace deal between the U.S. and Iran. The war in the Middle East caused global energy…...
Russia admits oil output is falling as drone-hit refineries force unscheduled shutdowns
3+ mon, 1+ week ago (312+ words) Russia has largely avoided publicly discussing how the war in Ukraine has affected its energy industry, but a senior government official recently acknowledged that the country's oil production has declined this year, offering a rare glimpse into the conflict's economic…...
EU Aims to Unblock €90 Billion Ukraine Loan After Orban Loss
5+ mon, 1+ day ago (462+ words) (Bloomberg) -- The European Union will seek to finalize a €90 billion ($105 billion) loan for Ukraine following the election defeat of Hungarian Prime Minister Viktor Orban, who had been blocking the financing package. Cyprus, which holds the rotating presidency of the EU…...
What's a FOP, and why are the IMF and Ukraine fighting over it?
5+ mon, 4+ day ago (1014+ words) After months of failing to pass a range of measures needed to unlock billions in stalled donor funding, Ukraine’s parliament made a small dent in the long list of reforms this week. But there was one piece of regulation conspicuously…...
Is Aon (AON) Using Ukraine War-Risk Reinsurance to Redefine Its Risk-Advisory Edge?
7+ mon, 3+ day ago (287+ words) Aon plc and Kniazha Vienna Insurance Group recently announced a US$25 million reinsurance facility with the U.S. International Development Finance Corporation to provide DFC-backed reinsurance on war-risk insurance portfolios of up to US$100 million, supporting coverage for small and medium-sized businesses…...
inGroup Co-Founder and CEO Receives Honorary Award from the Kyiv Chamber of Commerce and Industry
7+ mon, 4+ day ago (244+ words) The honor, the highest granted to foreign nationals, acknowledges Michael's unwavering support for Ukraine, Ukrainian inCruises Partners and Members, and the charitable foundation Stand with Ukraine, established under the Chamber of Commerce and Industry of Ukraine. The foundation provides critical…...