Ukraine

Ukraine cattle and dairy industry in decline due to war, but expected to stabilize in 2024

bne IntelliNews April 19, 2024

Many of Ukraine’s cows have found themselves on the front line and some have been killed or were simply slaughtered when their owners fled the country to escape the invading Russian forces in 2022.

SEFE concerned as Russia targets gas storage tanks in Ukraine

bne IntelliNews April 19, 2024

German gas trader SEFE has expressed concern over recent Russian attacks targeting Ukraine's largest underground storage facility with a capacity of 30bcm.

UBN: The US Needs to Wake Up

Mark McNamee of UBN in Kyiv April 19, 2024

“As I write, highly civilized human beings are flying overhead, trying to kill me.” – George Orwell, England Your England, 1941

Ukraine's birth rate plummets to 300-year low as country’s population collapses

bne IntelliNews April 17, 2024

Ukraine’s population collapsed to 29mn souls last year, according to Ukraine Business News, with just 187,000 births recorded (including in Russian-occupied territories). This is the lowest annual figure in recorded history over the last 300 years.

Russian missile attack kills over a dozen people in Chernihiv, Ukraine

bne IntelliNews April 17, 2024

At least 14 people were killed and over 60 others injured, including two children, as Russian forces launched a devastating missile attack on the city of Chernihiv on the morning of April 17, according to reports from the Prosecutor General's Office

Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn

Ben Aris in Berlin April 17, 2024

Fresh evidence indicates that the peace deal was probably too ambitious and, by failing to include the West in the talks, was stillborn.

Russia's finance ministry re-engineers tax system

Ben Aris in Berlin April 16, 2024

By tinkering with the tax system, the Russian Ministry of Finance has created enough cash to pay for the war in Ukraine.

Russia’s war economy boosted by rising oil prices

bne IntelliNews April 16, 2024

Brent crude oil prices remained near a six-month high this week, hovering around $90 per barrel amidst fears of an oil price spike driven by escalating geopolitical tensions in the Middle East.

US Speaker Johnson releases preliminary details of a new $43bn Ukraine aid package

bne IntelliNews April 16, 2024

US Speaker of the House Mike Johnson has released preliminary details of a new aid package for US allies that he says could be put to a vote this week.

UK, US ban trading in Russian aluminium, copper, nickel

bne IntelliNews April 15, 2024

The London Metal Exchange (LME) and Chicago Mercantile Exchange (CME) have blocked the trade of aluminium, copper, and nickel produced by Russia, the UK government accounced late on April 12.

How much damage can Ukraine’s drone attacks on Russian oil refineries do?

Ben Aris in Berlin April 13, 2024

Since the beginning of the year, Ukrainian drones have attacked over two dozen Russian oil refineries and several oil depots in the first sustained campaign against Russia’s oil product producing facilities.

Russia's military forces are 15% bigger than they were at start of war, says US intelligence

bne IntelliNews April 12, 2024

Russia is reconstituting its army far faster than initial estimates suggested, US Army General Christopher Cavoli, Nato's Supreme Allied Commander in Europe, said in a statement on April 10.

Czech opposition tries to hold parliamentary session on PM’s financial affairs

Albin Sybera April 12, 2024

Fiala had a holding in PDZ fund suspected of money laundering.

COMMENT: The Three Seas Initiative's digital imperative

Dominykas Tuckus in Vilnius April 12, 2024

While digital infrastructure in the region is growing, support infrastructure designed to handle the growth in demand is what requires investment.

Ukraine's ammo crisis mounts on stalled US aid

bne IntelliNews April 11, 2024

General Christopher Cavoli, the top US commander in Europe, cautioned during a congressional hearing on April 10 that Ukraine is on the brink of running out of ammunition and air defence interceptor missiles.

The EU is preparing a new, fourteenth package of sanctions

Ben Aris in Berlin April 11, 2024

The EU is preparing a new fourteenth package of sanctions that is slated for adoption in the coming months, but is unlikely to introduce any new products and will focus mostly on enforcing the existing thirteen rounds of sanctions.

EBRD announces profit of €2.1bn in 2023

bne IntelliNews April 11, 2024

The European Bank for Reconstruction and Development (EBRD) has announced a significant rebound in its financial performance, recording a robust profit of €2.1bn for the year 2023, up from losses of €1.1bn in 2022.

Kremlin tries to link Hunter Biden to financing of Moscow’s Crocus City Hall terrorist massacre

Ben Aris in Berlin April 10, 2024

Russia’s Investigative Committee launched a criminal investigation into the financing of terrorism in Russia on April 9, with focus on a board of directors that included the son of US President Joe Biden.

Yakunin wins final appeal in drone flying over Svalbard legal saga

bne IntelliNews April 10, 2024

Norway’s Halogaland Court of Appeal concluded a legal saga surrounding British-Russian businessman Andrey Yakunin, the son of Russia’s sanctioned former head of Russian Railways, refusing the prosecution's appeal.

Ukraine faces agricultural sector pressures in EU accession talks

bne IntelliNews April 10, 2024

Tariffs on Ukrainian agricultural products are a pivotal sticking point in EU accession negotiations, sparking the need for a major reform of the bloc's Common Agricultural Policy.

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