With our Grain From Ukraine program, we have managed to save 20 million people from hunger. Ukraine’s food exports feed 400 million people in 100 countries. Ukraine is one of the world’s largest contributors to food security. We maintain this status despite everything.
The Biden administration has moved to forgive about $4.7 billion in US loans to Ukraine, as outgoing officials seek to do what they can before leaving office to bolster Ukraine in its war against Russia.
Russia has resold more gas after cutting off Austria. The remaining unsold Russian gas has been bought elsewhere in Europe particularly Hungary and Slovakia as well as to the Czech Republic which doesn’t have direct contact. Smaller volumes are being supplied to Italy and Serbia.
European Parliament MEPs demanded more targeted EU sanctions against Russia’s so-called shadow fleet, which provides a key financial lifeline for Moscow’s war in Ukraine.
Kremlin-owned gas giant Gazprom confirmed its nine-month loss under Russian accounting standards, which do not include subsidiaries, was 309 billion roubles ($3.2 billion) compared to a profit of 446 billion roubles in the same period of 2023. It did not explain the reason behind the losses.
The largest business event of the autumn, the Made in Ukraine Business Forum, has begun in Kyiv. The event, supported by UNDP and the Government of Japan, brings together thousands of people who are contributing to Ukraine’s economy.
Despite sanctions and geopolitical tensions, the nuclear industries of Western countries and Russia remain closely interconnected. This connection persists through the collaboration on nuclear fuel supplies and technology, revealing that many Western nations continue to rely on Russian expertise and resources. Ongoing contracts and business relationships indicate that a complete separation would be challenging and could disrupt energy supplies. Efforts to reduce this dependency are ongoing, but the process is complex due to the specialized nature of the nuclear sector. Read more at Reuters...
L'hôtel Ukraine de Kiev a été vendu pour 2,5 milliards d'UAH lors de la première grande vente aux enchères de privatisation en Ukraine par l'intermédiaire de Prozorro.Sale. Le prix de départ de 1,047 milliard d'UAH a été multiplié par 2,5 au cours des enchères. Ola Fain LLC, propriété de Maksym Krippa, a remporté l'enchère.
Depuis 2022, la Russie a vendu pour près de $1 milliard d'euros de céréales volées dans les territoires occupés de l'Ukraine. Ce commerce illicite, auquel participent des clients internationaux tels que les Gardiens de la révolution iraniens, soutient les efforts de guerre de la Russie et contribue à compenser l'impact des sanctions internationales.
Les banques d'État russes, notamment Sberbank et VTB, ont commencé à ouvrir des succursales dans les territoires occupés de l'Ukraine malgré les sanctions occidentales. Avec de nouvelles implantations dans des zones telles que Mariupol et Luhansk, cette expansion reflète l'influence croissante de la Russie dans ces régions.
Selon Jake Sullivan, les États-Unis annonceront un paquet militaire pour l'Ukraine d'ici la fin du mois de septembre. L'aide vise à stabiliser les lignes de front et comprend la production rapide d'obus d'artillerie de 155 mm et de missiles Patriot. Plus de $700M ont déjà été promis.
Kazakhstan is drawing a new line in its enforcement of sanctions targeting Russia, vowing to put its own economic interests first as it also deepens trade ties with countries from Iran to China. The Central Asian nation “won’t blindly follow the sanctions” if they affect domestic companies that function as the main employers in their areas” – Bloomberg.
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