A financial crisis has begun in Ukraine. The hryvnia is in free fall. The national bank has ordered exchange kiosks not to display the exchange rate. The government is running a deficit it can’t cover and companies are defaulting on their bonds.
One of Ukraine’s wealthiest men, Oleksiy Vadaturskyi, and his wife, Rayisa Vadaturska, were killed after a Russian strike hit their bedroom in the southern port city Mykolaiv on July 31.
Ukrainian grain has finally left the port of Odesa for the first time since Russia’s full-scale invasion, NV Ukraine reported on August 1.
Zero-carbon housing is a key battleground in combating climate change and global warming, as the residential building sector across Europe has the potential to cut fossil fuel dependency and reduce emissions.
Important day today. There are 17 ships in three Ukrainian ports cleared for grain shipments, of which 10 are ready to go, and it was just reported that the first one has set sail on its way to Turkey and then the rest of the world.
Many Belarusians who fled to Ukraine in 2020 and 2021 are now finding it hard to renew their visas, and many receive deportation notices to leave the country at short notice.
An attack on a Russian-controlled prison in the town of Olenivka, Donetsk Oblast, killed at least 53 Ukrainian POWs and injured 75 on July 29.
Former Mongolian PM criticises own party for lack of transparency about upcoming joint military exercise.
Extreme heat and droughts across several European countries have led to forecasts for this year’s harvests being reduced.
Putin’s war has so far achieved the opposite to all the declared goals: Nato has come even closer to its borders; Ukraine has become more militarised; long-time neutral Sweden and Finland have applied for Nato membership; and the West is united.
Millions of tonnes of grain trapped in Ukraine can now be exported thanks to the Istanbul grain deal that was signed on July 22 by Russia, Ukraine, Turkey and the UN. But what does Russia get out of the agreement?
Dutch TTF hub gas prices rose to €202/MWh, or c$2,200 per 1,000 cubic metres, on July 26, as flows from Russia’s Nord Stream pipeline were curtailed from 67 mcm per day at the beginning of the week towards a stated target of 33 mcm per day.
For Russian President Vladimir Putin, his invasion of Ukraine is not only an attempt to subdue, and possibly destroy, the Ukrainian nation; It is also the key front in his long-standing desire to upend the global order.
In same week, producer’s CEO said the company would never supply the Russian armed forces.
Ex-Soviet state also said to be strengthening ties with China and Nato nations.
Naftogaz failed to persuade enough of its bondholders to accept a two-year freeze on payments at the eleventh hour and the government refused the company permission to make good on its obligations.
Didn’t I say this would happen? That Russian President Vladimir Putin would play silly buggers with the gas flow and that newswires would be buzzing with alerts for months to come.
Gazprom’s announcement that it was cutting gas flows in the Nord Stream 1 pipeline to 20% of capacity on July 25 means the EU will miss its deadline to fill storage tanks to 80% full by October 1.
Naftogaz, Ukraine’s largest state-run oil and gas company, has failed to convince Kondor Finance to agree to change the credit terms of its eurobonds.
Ukraine has received $12.7bn from international partners since the start of the war with Russia in late February, according to the National Bank of Ukraine.