Ukraine’s economy posted its sharpest contraction since the wartime recovery began
Russian strikes drove Ukraine's sharpest economic contraction since the recovery began, and forecasters have cut the year to near zero.
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Economy
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economy
Russia wants joint economic projects with US — but only if Washington stops linking them to peace in Ukraine
Russia is offering Trump a deal that makes peace unnecessary.
Ukrainians opened record number of businesses in this European country. Nearest competitor managed 2,000
Ukrainians repeated their 2024 record across sectors from gastronomy and logistics to IT, as their homeland faces war.
Ukraine is developing first-ever Africa strategy, Budanov announces. Russia already has fighters from 36 African countries fighting in Ukraine
Ukraine is developing its first-ever strategy for expanding relations and presence on the African continent.
How Ukraine’s economy survived four years of war—and what it cost
10 million missing people, every power plant hit, and a €90 billion lifeline held hostage by Hungary.
Denmark gives most to Ukraine relative to GDP — US lags behind (INFOGRAPHIC)
Baltic and Nordic states dominate the top of the rankings, with Estonia, Lithuania, Latvia, and Sweden all committing over 1.4% of their economies to Ukrainian defense.
UK drug dealers bought a bank in Kyrgyzstan to funnel £1 billion into Russia’s war machine
Criminal group acquired 75% of Kyrgyz bank to funnel payments to Russian military.
London orders PrivatBank oligarchs to pay Ukraine $3bn for largest bank fraud in country’s history
The ruling finalizes an eight-year pursuit of losses equal to 1.5% of Ukraine's GDP, though collecting the money won't be easy
Kyiv ratifies century-long pact with UK, while security guarantees hang in balance
The majority of Ukrainian deputies vote for the historic agreement between the two states.
Moscow resurrects Leningrad and Moscow military districts, builds new divisions as part of its largest rearmament since Soviet collapse
Russia is transitioning into a wartime state to reshape th global order.
Ukraine nationalized its way out of crisis—now it can’t stop making money
The emergency worked too well. And that's actually a dangerous thing.
Bloomberg: Russian banks fear systemic crisis within 12 months as Ukraine war debt mounts
Russian banks are sitting on trillions of rubles in bad debt as corporate and retail borrowers struggle with 20% interest rates, creating what banking officials privately describe as a dangerous situation that could trigger systemic crisis within a year.
Putin signs law allowing teen employment in state-run “brigades” as Russia’s GDP growth hits two-year low
Putin signs law permitting teenage employment in state-run organizations as Russia's economy slows to 0.8% growth amid war expenditures, 21% interest rates, and severe labor shortages in critical sectors.
Reuters: Russian authorities see rising economic risks, internal reports show
Sources close to the news outlet note that Vladimir Putin himself has grown increasingly concerned about Russia's economy.
Russo-Ukrainian war, day 1079: Ukrainian forces push deeper into Kursk Oblast
Meanwhile, France has delivered its first batch of advanced Mirage 2000-5F fighters to Ukraine.
Ukrainian bonds hit record high as markets bet on Trump’s peace plan
Ukrainian dollar bonds reach 60 cents, driven by investor optimism over potential peace talks, though analysts warn of risks from a hasty settlement without security guarantees.
Bloomberg: EU is likely to delay Russian energy phase-out plan
"EU delays Russian energy phase-out plan amid record LNG imports, as ten member states push for stricter measures while the Europen Commission aims for complete independence by 2027.
“Running around on cocaine”: Analysts unveil fragile foundations of Russian wartime growth
Analysts warn that the Kremlin’s reliance on shadow financing, soaring inflation, and a labor shortage are creating cracks in the facade of resilience, with some predicting a looming financial crisis driven by unsustainable military spending.
Russia forced banks to secretly fund half its war costs. Can its economy survive? What does this mean for Ukraine?
Moscow's secret war spending has forced regular businesses to borrow at a crippling 21% interest rate - creating an economic time bomb that could end the war.
World Bank projects 2% growth for Ukraine in 2025 despite ongoing war
Despite showing resilience with projected 2% growth in 2025, Ukraine's economy faces a lengthy path to recovery, with pre-invasion GDP levels not expected until 2030 due to widespread infrastructure damage and hostilities.