Russia’s Central Bank scolded live on TV—Iran war oil keeps funding the war anyway
Intelligence agencies say Moscow hides the damage; oil pays for the war.
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Money Matters
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Money Matters – your comprehensive destination for financial insights and economic analysis.
Russia bombed the pipeline. Hungary blocked the loan. Ukraine is about to pay for both to unblock.
The timeline firms up: oil Tuesday, veto lift midweek, Brussels vote Wednesday. Kyiv’s financing through 2027 hinges on all three.
€90 billion for Ukraine—two-thirds of the 2026–27 budget gap—clears Brussels Wednesday
EU ambassadors vote Wednesday on the final step. Sanctions and military aid remain blocked.
Ukrainian pork enters Vietnam, Philippines, and Singapore as EU loses Asian ground
Three Asian markets open to Ukrainian pork. Carrots spike 13% a week at home. Both point to the same missing infrastructure.
Russia’s 20% windfall tax breaks Putin’s promise—again
Oligarchs offered donations. Moscow chose compulsion, with oil at a four-year high.
IMF withdraws previous scenario for Ukraine. New outlook is much more gloomy — but not without silver lining
The IMF just changed its baseline assumption on the country.
Ukraine MPs vote themselves untracked monthly cash inside an IMF-mandated tax bill
$4,555 per MP per month, no reporting, no liability—signed into law on 15 April.
Ukraine’s executives were most optimistic since the invasion. Oil had other plans.
The results capture a moment that no longer reflects current conditions.
Emergency boilers sat in storage all winter. Now Ukraine is rethinking the whole approach.
Russia’s energy campaign failed to break Ukraine. Kyiv has until October to build something stronger than luck.
Kazakhstan hires Chinese firm to replace Shell and Eni as Ukrainian strikes hit Russia’s pipeline
Kazakhstan just replaced Shell and Eni with a Chinese construction firm at a key gas field. The Ukrainian drone campaign against Russia’s oil pipeline is the reason.
US restores Russia oil sanctions—except for the Russian refinery keeping US military jets in the air
Russia’s oil sanctions are back. Whether they bite is another matter.
The €35 billion Hungary lost while Orbán picked fights with Brussels
Two pots, €2 billion already gone, and a deadline in August.
Ukraine spent a year beating wartime inflation. A different war just reversed it.
Fuel costs surged 23% in March as the Middle East war pushed prices past the central bank’s forecast—and a rate hike is now on the table.
Mark Dixon: “We must declare the Economic World War on Russia”
Four years into Russia’s war on Ukraine, Mark Dixon thinks the West is losing the economic fight—not because the tools don’t exist, but because they’ve never been used at full power.
The 10-point plan to wage the Economic World War—to harm Russia and help Ukraine
The domino effect of a rich Russia risks tipping the balance between whether democracy or autocracy prevails, and whether the future human race lives in freedom or under servitude.
Oil jumped 8% as Trump’s Hormuz blockade undid the ceasefire crash
Talks collapsed in Pakistan. A naval blockade replaced a truce. For Russia’s war revenues, the brief window of relief is over.
Russia couldn’t take out Ukraine’s electricity. Now it wants the water.
After failing to freeze Ukraine with energy strikes, Moscow has shifted its sights—Kyiv isn’t waiting.
Oil posts biggest crash since 1991—but the Gulf ceasefire has two versions
Brent fell 15%. Missiles kept flying. Iran’s “open” Strait comes with a $2 million entry fee.
China opens its flour market to Ukraine as Kazakh producers pay for using Russian wheat
In the same week Beijing welcomed Ukrainian flour, it blocked Kazakh producers from using Russian wheat.
How far has Ukraine come on its key EU reform commitments? Nine points out of 100.
One year, 10 priorities, 100 points. Three months in, Ukraine has nine.