The losses, the damage, the insurance and the war.
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. "
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
Polish Foreign Minister Radosław Sikorski said his country will soon start contributing to the Czech-led initiative for buying shells for Ukraine outside the European Union. Warsaw plans to spend €50 million euros on the initiative in 2024 and another €50 million in 2025, Sikorski said in an interview with
Polish Foreign Minister Radosław Sikorski urged European governments to halt social payments for Ukrainian men of conscription age living abroad to encourage them to return and join the fight against the Russian invasion, online Ukrainian newspaper Dzerkalo Tyzhnia reported. "Hiding from conscription is not a reason for financial assistance.
Ukraine’s first homegrown demining vehicle, the Zmiy, or "Snake," developed by Rovertech, has passed certification testing and is ready to begin clearing minefields at the rate of up to 2.5 hectares per hour, the government said. The remotely controlled vehicle, developed by Ukrainian company Rovertech, is
Ukraine intends to maintain control over the Kursk region of Russia until Russian President Vladimir Putin agrees to negotiate, Ukrainian President Volodymyr Zelenskyy said in an interview with NBC News. Zelenskyy said Ukraine's objective is not to occupy Russian land, but to restore its territorial integrity and his
A Russian missile attack on a military institute in central Ukraine killed at least 51 people and injured 271 in the deadliest single attack of the war so far this year, the Ukrainian government has said. The attack, in the central Ukrainian town of Poltava, seriously damaged the Military Institute
Two members of the supervisory board of Ukrainian power grid operator Ukrenergo resigned to protest what they called the "politically motivated" dismissal of CEO Volodymyr Kudrytskyi. The two board members, Daniel Dobbeni and Peder Andreasen, had opposed the dismissal in the board's 4-2 vote earlier
European officials expect Iran to deliver ballistic missiles to Russia soon, potentially escalating the war in Ukraine, Bloomberg reported, citing unnamed sources. The missiles pose a greater threat than previously supplied Iranian drones due to their higher speed and payload capacity, according to the report. While the exact details remain
