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Economy

Business boom in Russia: Funeral companies earn record money due to the war in Ukraine

Leading Russian funeral companies earned 14. 872 billion rubles in 2024, which is 24% more than a year earlier. Coffin prices increased by 84%, and grave digging by 51% since the beginning of 2022.

Economy • December 20, 03:41 AM • 2770 views
Zelenskyy: Japan to provide Ukraine with additional financial support of $6 billion

Japan has decided to provide Ukraine with additional financial support for the next year, totaling approximately $6 billion. President Zelenskyy thanked Japan and Prime Minister Sanae Takaichi for this decision, which will strengthen Ukraine's defense.

Economy • December 20, 12:12 AM • 17921 views
Svyrydenko: Fuel prices will not rise due to the Russian strike on the bridge in Odesa region

The Ukrainian government is promptly eliminating the consequences of the Russian strike on the key bridge between Odesa and Izmail, establishing alternative communication routes. The region is provided with resources, transport operations are being adapted, and business operations are supported, the Cabinet of Ministers assures.

Economy • December 19, 09:52 PM • 3056 views
Morgan Stanley becomes favorite to conduct historic SpaceX IPO due to ties with Musk

Morgan Stanley is the leading contender to be the lead underwriter for the SpaceX IPO due to long-standing ties with Elon Musk. The SpaceX offering in 2026 is expected to be the largest in history, exceeding $1.5 trillion in capitalization.

Economy • December 19, 07:41 PM • 2908 views
The government reallocated over UAH 700 million to frontline hospitals, energy resilience of universities and schools, and aid to regions – SvyrydenkoPhoto

The Cabinet of Ministers of Ukraine, at an away meeting in Zaporizhzhia, reallocated budget funds. Over UAH 700 million was directed to the restoration of medical facilities, energy autonomy of universities, safety of schoolchildren, and aid to affected regions.

Economy • December 19, 06:46 PM • 3248 views
Systemic sugar crisis in the Russian Federation and Belarus: intelligence predicts price collapse in 2026

A record harvest of sugar beets in Belarus, about 5 million tons, has become a risk factor due to the oversupply in the Russian market. This leads to a drop in sugar prices and a deterioration of the economy for farmers and processors.

Economy • December 19, 02:31 PM • 4392 views
Exclusive
Car certificate for military personnel: the government failed to approve the procedure for obtaining it in a year and a half

The Cabinet of Ministers has not yet approved the procedure for obtaining a certificate for 150,000 hryvnias for the purchase of a vehicle for military personnel, as provided for by the law on strengthening mobilization. The Ministry of Finance has developed a draft resolution, which is processing comments from interested bodies.

Society • December 19, 02:21 PM • 60972 views
European factories are closing despite cheap gas: experts explain the reasonsPhoto

Gas prices in Europe have fallen to pre-war levels, but European factories continue to close or relocate. Experts believe that relief came too late, and businesses have lost faith in stability on the continent.

Economy • December 19, 01:58 PM • 6078 views
The world is awash in oil: the market is bracing for a price collapse due to a surplus of raw materials – Bloomberg

The global oil market is experiencing an oversupply of "black gold," pushing oil prices down. A record 1.3 billion barrels of crude oil are in transit or awaiting buyers in the world's oceans.

Economy • December 19, 01:37 PM • 4144 views
Loan instead of frozen Russian assets to finance Ukraine's defense: what experts and investors say about the EU's decision

EU leaders have decided to lend 90 billion euros to finance Ukraine's defense, avoiding the use of frozen Russian assets. Investors, experts, and analysts are divided on this issue.

Economy • December 19, 01:13 PM • 4256 views
Exclusive
Criminal cases without corpus delicti: why law enforcement agencies keep the aviation business in limbo for years

The criminal prosecution of Roman Mileshko's group of aviation companies has been ongoing for more than three years without any charges being filed. A number of law enforcement agencies have found no evidence of a crime, which indicates possible pressure from competitors.

Economy • December 19, 11:39 AM • 40271 views
Exclusive
A perfect storm for gold and a silver 'hype' in 2025: should Ukrainians invest in metals in 2026?

In 2025, gold and silver became record-breaking growth leaders in global markets, attracting the attention of both institutional investors and private savers. In 2026, it is important for Ukrainians to consider not only the potential for profit but also the risks of volatility and corrections, as warned by fintech expert Olena Sosedka.

Economy • December 19, 09:00 AM • 43265 views
Due to Russian attacks, at least 100,000 consumers are without electricity, affecting 5 regions; capacities have been freed up to shorten outage schedules

Due to Russian attacks on energy facilities in five regions of Ukraine, consumers have been cut off from power, with over 99,000 of them in Odesa and Dnipropetrovsk regions. Blackout schedules remain in effect, but additional capacities have been freed up to shorten them.

Society • December 19, 08:32 AM • 2728 views
Exclusive
Compensation for military personnel of 50% of the first installment under the eOselia program: the government has not yet developed the relevant procedure

The Ministry of Finance of Ukraine reported that the procedure for providing compensation to military personnel under the eOselia program has not yet been developed. The law provided for compensation of 50% of the first installment and additional payments after the first and second year of service.

Society • December 19, 06:45 AM • 20886 views
Hungary, Slovakia, and the Czech Republic will not be affected by the EU's decision on €90 billion for Ukraine with the involvement of the EU budget without Russian assets - conclusions

The European Council decided to allocate 90 billion euros in funding to Ukraine for 2026-2027. The funds will be based on EU borrowings without the use of Russian assets and without the involvement of the Czech Republic, Hungary, and Slovakia.

Economy • December 19, 06:31 AM • 21427 views
Ukraine will repay its debt to the EU only after receiving reparations from Russia - Ursula von der Leyen

The European Union has agreed to finance Ukraine with 90 billion euros over two years. Ukraine will repay these funds only after receiving reparations from Russia, and frozen Russian assets will remain frozen.

Economy • December 19, 04:24 AM • 4068 views
"This is a clear signal from Europe to Putin" - Merz on EU loan to Ukraine

German Chancellor Friedrich Merz revealed details of the agreement between EU leaders on providing financial assistance to Ukraine for 2026–2027.

Economy • December 19, 03:30 AM • 4392 views
EU allocates 90 billion euros in aid to Ukraine for 2026-2027 - Head of the European Council

The countries of the European Union have agreed to provide Ukraine with 90 billion euros in aid for 2026-2027. This was stated by the President of the European Council, António Costa.

Economy • December 19, 02:37 AM • 23474 views
Trump signed US defense budget with aid to Ukraine - White House

US President Donald Trump signed into law the defense policy bill for fiscal year 2026 with a record budget of $901 billion. The document allocates $800 million to Ukraine - $400 million for each of the next two years as part of the Security Assistance Initiative, which provides for the purchase of American weapons for the Armed Forces of Ukraine.

Economy • December 19, 12:22 AM • 26516 views
Trump plans to sign US defense budget with aid to Ukraine

US President Donald Trump will sign into law on December 18 the defense policy bill for fiscal year 2026, which regulates military pay raises and measures to respond to geopolitical threats, and also provides for the allocation of $800 million to Ukraine for the purchase of American weapons.

Economy • December 18, 10:55 PM • 14011 views
EU leaders failed to agree on using Russian assets to finance Ukraine

European Union leaders have not reached an agreement on using frozen Russian assets to finance Ukraine. Discussions on providing a loan will continue on December 19 at the summit in Brussels.

Economy • December 18, 10:09 PM • 19171 views
EU leaders will find a solution to support Ukraine: Lagarde on reparations loan

European Central Bank President Christine Lagarde expressed confidence that EU leaders will agree on a way to support Ukraine. She expects a solution to be found, despite possible difficulties, as the issue is too important.

Economy • December 18, 06:29 PM • 3510 views
Will save the state billions of dollars in the post-war period: Ukraine announced a successful restructuring of GDP warrants

Ukraine announced a successful restructuring of GDP warrants worth $2. 6 billion, which will avoid significant payments in the post-war period. This transaction will strengthen debt sustainability and increase the country's budget predictability.

Economy • December 18, 05:59 PM • 22078 views
Tomorrow, power outage schedules will be in effect in most regions of Ukraine

On December 19, hourly power outage schedules will be in effect in most regions of Ukraine due to the consequences of Russian attacks. Ukrenergo does not specify the number of queues and advises to inquire about information from regional power distribution companies.

War in Ukraine • December 18, 04:26 PM • 3786 views
EU and Belgium secretly agree on the use of 210 billion euros of frozen Russian assets for Ukraine

The European Commission and Belgium are negotiating the use of 210 billion euros of frozen Russian assets for Ukraine. Belgium seeks additional financial guarantees due to concerns about legal and financial risks.

Economy • December 18, 03:36 PM • 3022 views
Ukraine allowed to continue operating TPPs and CHPs without environmental standards until 2028 - Ministry of Energy

The Ministerial Council of the Energy Community has allowed Ukraine to operate large combustion plants without complying with strict environmental emission standards until the end of 2028. This decision will support the energy system during the war and ensure supply stability.

Economy • December 18, 03:23 PM • 2492 views
NBU considers "reparation loan" as a baseline scenario, but has a "plan B" in case of delays

The National Bank of Ukraine considers receiving a reparation loan as the baseline scenario, but in case of delays with external assistance, the government can rely on banks. NBU Deputy Governor Serhiy Nikolaychuk noted that banks have the potential to increase investments in government securities.

Economy • December 18, 02:48 PM • 2232 views
Britain expanded sanctions against Russia's energy sector, blocking three oil companies

Great Britain imposed sanctions against three Russian oil companies: PJSC Tatneft, PJSC Russneft, and PJSC NNK. This expansion of sanctions pressure is aimed at reducing Russia's revenue from energy exports, covering almost 60% of Russian oil exports to key markets.

Economy • December 18, 02:16 PM • 2848 views
Zelenskyy on dialogue with the US: issues of Donbas, ZNPP, and reparations loan not yet agreed upon

President Volodymyr Zelenskyy stated that Ukraine and the United States have different views on Donbas, and the issues of the Zaporizhzhia Nuclear Power Plant and a reparations loan remain open. He emphasized the need for a positive decision on the reparations loan to avoid a budget deficit of 45-50 billion dollars next year.

Economy • December 18, 01:53 PM • 2824 views
Kyiv received a budget for 2026 of over 100 billion hryvnias

The Kyiv City Council approved the capital's budget for next year, which amounts to over 106 billion hryvnias. According to Mayor Vitali Klitschko, the budget is balanced and ensures the city's vital functions, assistance to the military, and socially vulnerable Kyiv residents.

Economy • December 18, 01:41 PM • 2698 views