Russia cuts rates to save businesses it’s about to crush with taxes
The governor who defended high rates as “economic Darwinism,” has just reversed course.
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Money Matters
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Money Matters – your comprehensive destination for financial insights and economic analysis.
EU approves €90bn joint debt for Ukraine as reparations loan hits wall
Three countries opt out amid Belgium standoff over frozen Russian assets.
Markets shrug off EU’s Ukraine deal—analysts warn the calm may not last
Europe’s benchmark bonds barely moved. One analyst calls it “a risk for 2026 that is not priced in.”
Ukraine could save up to €100m a year on transfers
If parliament approves, Ukrainians could save €70-100mn annually on cross-border transfers.
Zelenskyy warns EU: Denying frozen Russian funds weakens Ukraine and tempts Putin
The President speaks hours before the critical Brussels vote.
US warns EU: Seize Russia’s frozen billions and you’ll “have to give it back”
Washington pressures Europe ahead of critical summit.
Ukrainians pour record savings into banks as real returns turn positive (INFOGRAPHIC)
Deposits hit a record 1.36 trillion hryvnias in November. In Russia, similar rates are squeezing the civilian economy.
Is the EU ready to force through the €210 billion Ukraine loan without unanimity?
Summit decision on €210 billion Ukraine loan comes on Thursday.
Potash: the irreplaceable mineral behind Belarus’s prisoner deals
A mined nutrient with no substitute is giving Minsk leverage the West won’t admit.
$62 billion in claims: sanctioned Russians hit Ukraine with a wave of lawsuits (INFOGRAPHICS)
EU protections don’t extend to Kyiv.
“Increasingly difficult”: Kallas says EU can’t yet agree how to use frozen Russian assets for Ukraine (INFOGRAPHIC)
Summit decision on €210bn loan just three days away.
Ukraine’s $240,000 drones are bleeding Russia’s oil fleet dry
Five tankers hit in two weeks—and insurance costs have tripled.
Borscht gets cheaper, butter eases—Ukraine beats inflation forecast (INFOGRAPHIC)
Record vegetable harvest absorbs price shocks, but the cushion is fragile.
Six times more than in America: the heartbreaking math behind Ukraine’s wartime Christmas dinner (INFOGRAPHIC)
Fourth wartime holiday reveals crushing gap despite record harvest holding prices flat.
Kazakhstan reroutes oil to China for the first time after Ukrainian strikes cripple Black Sea terminal
Europe gets 11.5% of its oil from this terminal. Now Kazakhstan is sending crude to Beijing instead
Russian businessman runs Hong Kong pipeline feeding European electronics to Kremlin’s weapons labs
A Ukrainian investigation traces $564,000 in sanctioned equipment from a Dubai resident’s shell company to a Rostec subsidiary.
As Kyiv faces a €71.7billion gap, Japan won’t join Europe’s frozen-assets plan
EU diplomats say Tokyo’s real calculation isn’t a legal one.
Insurance costs succeed where sanctions fail: Ukraine hits Russia’s shadow fleet
Shipowners halt Russia-linked voyages as war risk premiums surge up to 250%.
Hungary’s veto sparks EU push to seize €210bn in frozen Russian assets
Budapest wanted to slow things down. It may have accelerated them.
Russia’s smartest move is not in Ukraine—it’s deep in Asia
The world watches Belarus. But 4,000 km east, another country is slipping into Moscow’s orbit.