The Risks
The losses, the damage, the insurance and the war.
Ukraine understands Slovakia's 'acute dependence' on Russian gas but vows to stop transit
Ukraine Prime Minister Denys Shmyhal said on Monday his government understands Slovakia's "acute dependence" on Russian gas, but reiterated Ukraine will not extend the transit agreement with Russia after it expires at the end of 2024. Ukraine's strategic goal is to impose sanctions on
New NATO head says Ukraine's right to self-defense 'does not end at the border'
NATO's newly-appointed Secretary General Mark Rutte said that Ukraine's right to self-defense "does not end at the border," amid refusals from some allies to allow Ukraine to conduct long-range strikes deep into Russian territory with Western-made missiles. "First of
Ukraine drafts plan to pool war risk insurance systems into a single mechanism to attract investors
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
Massive investment needed in childcare to let women address Ukraine's labor shortage, EBRD director says
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
Ukraine MP calls war insurance options 'bureaucratic' and limited; appeals to US envoy Verma for help
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
'Big Four' accounting firm to help Ukraine's defense ministry with risk management deficiencies
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,
Hungary to continue helping Ukrainian energy sector, foreign minister says
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
To win the war, Ukraine must first admit it's losing, The Economist says
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. "
EBRD lowers Ukraine's 2025 economic growth forecast due to Russian attacks on grid
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%
Top Republican demands Zelensky fire Ukraine's ambassador to US after 'partisan' event
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
Firing of Ukrenergo chief has raised fears of power grab in Kyiv, with lucrative contracts at stake, Politico says
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
Indian ammo is arriving in Ukraine despite protests from Russia, sources tell Reuters
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