The losses, the damage, the insurance and the war.
Ukrainian authorities have drafted a law to introduce a nationwide system that would pool various war risk insurance mechanisms into a single system to attract investors, the Economy Ministry said in a press release on Thursday. "The lack of coverage for war risks is a significant obstacle to attracting
Ukraine needs massive investment in child care, elderly care, sick care and skill training to bring women into the workforce and help address the critical labor shortage in the country, a senior official of the European Bank for Reconstruction and Development (EBRD) said. "Women are now really required to
Ukrainian MP Lisa Yasko said current war risk insurance options in Ukraine are "bureaucratic" and cover only a fraction of the demand, and she called on Richard Verma, the new US envoy to the reconstruction of Ukraine, to help change that. "The process for securing coverage from
The Ukrainian Defense Ministry will receive support from one of the so-called Big Four accounting firms to improve its risk management and compliance system, the ministry said in a press release on Monday, without naming the firm. The Big Four are the largest global accounting networks: Deloitte, EY, KPMG, and
The Hungarian government will continue helping Ukraine boost its energy supply and will encourage Hungary's largest oil and gas company MOL and the power transmission system operator MAVIR to support the development of Ukrainian energy, Hungarian Foreign Minister Peter Szijjártó said Monday. "Hungary will continue to support
Ukraine and its Western allies are steadily losing the war of attrition against Russia and must change tack to avoid a catastrophic loss and focus on turning Ukraine into a Western-style rather than recovering all lost territories, the Economist says in a leader article to its latest edition. "If
The European Bank for Reconstruction and Development (EBRD) lowered its forecast for Ukrainian economic growth in 2025 after months of Russian attacks wiped out much of the country's energy production capacity. The bank lowered its economic growth forecast to 4.7% for next year, compared with the 6%
US Republican House leader Mike Johnson demanded the firing of Ukraine's ambassador to the United States after President Volodymyr Zelensky's highly publicized visit to an ammunition factory in Pennsylvania on Sunday. "After organizing a partisan campaign event in a battleground state this week, Ukrainian Ambassador
The firing earlier this month of the chief executive of the national power transmission network, Ukrenergo, has become a focal point for Western fears that a political power grab is underway in Ukraine, Politico reported. Chief Executive Volodymyr Kudrytskyi was officially fired for failing to adequately protect Ukrenergo facilities from
European buyers of artillery shells made in India have been transferring the ammunition to Ukraine with no intervention from New Delhi despite protests from Russia, Reuters reported on Thursday, citing unnamed Indian and European government and defense industry officials, as well as its analysis of commercially available customs data. According
Ukrainian President Volodymyr Zelensky said his government's "victory plan," drafted to bring peace on terms acceptable to Ukraine, is now ready after weeks of preparation. The plan, which Zelensky pledged to present to US President Joe Biden soon, "has fully prepared – all points, all key
Ukrainian industrial park developer Alterra Group has established its own recruitment agency and considers importing workers from India due to a severe labor shortage caused by military conscription and the refugee crisis in Ukraine, the founder said. "For my company, the labor shortage is quite an issue, as well
Russian President Vladimir Putin has signed a decree to increase the size of Russia's armed forces by 180,000 soldiers, raising the total troop strength to 1.5 million. Putin ordered an increase in the total personnel, including civilian staff, of the Russian army to 2.38 million
