The losses, the damage, the insurance and the war.
Corruption poses a bigger threat to the reconstruction of Ukraine than renewed fighting once the war ends, according to a survey of Ukrainians taken for Transparency International. Some 79% of Ukrainians cite "lack of control and embezzlement" as a top concern regarding the reconstruction of the country, the
Ukrainian businesses remained slightly pessimistic about their short-term outlook for a second straight month in November, led by further deterioration of the outlook in the construction sector, according to the National Bank of Ukraine. The central bank's monthly business activity expectations index fell to 49.1 in November
Industrial electricity consumers in Ukraine can now import power from neighboring countries to offset power disruptions caused by Russian attacks, severe weather and other disturbances, the Ukrainian government said. Companies that import electricity will not be subject to any energy supply restrictions except for "special emergency cut-off schedules"
More than 10,000 civilians have been killed and more than 18,500 injured in fighting in Ukraine since Russia invaded the country in February of last year, according to a report by the UN Human Rights Office. The elderly account for an outsized share of the deaths because they
The Ukrainian government is working to create a War Risk Reinsurance Fund to encourage private investment into the country even before the war with Russia ends, Economy Minister Yulia Svyrydenko said. The fund, to be created with international financial institutions and other foreign partners, is meant to help attract large
Increased resilience among businesses and people in war-time buoyed Ukraine's economy this year, the International Monetary Fund said. But beyond that, forecasting is clouded by numerous major uncertainties. "Despite recent positive outturns, the duration and intensity of the war present a considerable risk to the economic outlook,
Josep Borrel, the European Union's top diplomat, said the fresh outbreak of violence in the Middle East is having a "lasting impact" on policy for Ukraine, and called on European nations to stay unified in their support for the besieged Eastern European nation. "Let’s
European and US officials have started "quietly" talking with the Ukrainian government about what peace talks with Russia might look like, NBC News reported, citing a "current senior US official and one former senior US official familiar with the discussions." The television news channel reported online
The UK government has promised to back a plan by the European Bank for Reconstruction and Development (EBRD) to create war-risk insurance coverage for companies that want to invest in the rebuilding of Ukraine. The UK signed a "war-risk insurance Statement of Intent" with the EBRD that aims
Some 59% of Ukrainians say they have seen "positive signs" in recent months in their country's fight against corruption, according to a survey by the Kyiv International Institute of Sociology (KIIS). At the same time, 36% believe their nation is "hopelessly corrupt," showed the
The German government has agreed to provide war-risk insurance to building materials manufacturer Fixit to open a second factory in Ukraine even as fighting continues, Ukrainian Prime Minister Denys Shmyhal said. Fixit, which built its first Ukrainian factory in the western city of Lviv before the full-scale invasion of Russia,
Palantir Technologies, the US data analysis firm, will help Ukraine clear its territory of land mines using artificial intelligence, Ukrainian Economy Minister Yuliia Svyrydenko said. The ministry said a de-mining system designed with Palantir, the firm founded by US billionaire Peter Thiel which is known for its contracts with intelligence
The Ukrainian government has launched a data platform designed by global professional services firm Marsh McLennan to help investors and insurers gauge the risk of acts of war in Ukrainian communities. The platform, available starting today at www.promo.war-risks.com.ua, gathers data from the military, police and other
Some 34 countries pledged a combined €500 million to help de-mine Ukraine, led by a 100-million-euro donation from Switzerland, at a donors' conference in Zagreb, Croatia. Pledges made at the conference also included €20 million from Norway, €12.5 million from Sweden, €5 million from Croatia, €2 million from
The government of Ukraine has been "sounding out" major investors about the possibility of restructuring the country's $20 billion in international debt and raising new funds, Reuters reported out of London, citing three unnamed sources. The head of Ukraine's debt management office, Yuri Butsa,
