The losses, the damage, the insurance and the war.
The Ukrainian government has allocated 3 billion hryvnias ($78 million) to compensate farmers who pay to demine their properties, Prime Minister Denys Shmyhal said. The allocation, which is a third more than the 2 billion hryvnias originally planned, will cover 80% of the cost of demining for farmers who procure
S&P Global cut Ukraine's long-term foreign currency credit rating and warned that it expects the country to default on its external commercial obligations as the war drags on at least through the year and government spending remains extremely high. "The rating action reflects our
Palantir, the US tech firm founded by billionaire Peter Thiel, has agreed to supply the Ukrainian government with big data and artificial intelligence technologies to help with land mine clearance. Under the agreement, Palantir will digitize Ukrainian demining operations, automate mine clearance operations up to 2033, help set demining priorities
The US International Development Finance Corporation (DFC) has established a full-time presence in Kyiv with a staffer moving into the US Embassy and will strengthen that presence soon, a senior agency official said. "We have a presence at the embassy since January, which is new for the DFC,
An insurance facility that has enabled ships to carry grain out of Ukraine via the Black Sea despite war-related risks is expanding to include all other products, one of the facility's organizers said. The expansion, which excludes war-related goods, is already in effect but a formal
Marsh McLennan and the Ukrainian government are working to cut the cost of insuring business travelers by about 80% with a plan to be carried out in the first half of this year, said an official of the insurance broking giant. "Getting cover costs about $1,200 per day
US companies are likely missing out on contracts to rebuild Ukraine and support its fight against Russia due to overly aggressive State Department travel advisories, warn a former senior CIA official and the ex-head of BP’s Global Intelligence and Analysis team. The State Department's blanket warning
Some 29% of member companies of the American Chamber of Commerce in Ukraine have had employees killed in the war with Russia and 31% have had employees injured, according to a survey. The chamber also said only 54% of their members said all of their employees are safe, and 30%
(Today, URN Behind the Scenes tells the story of a complicated, sometimes dangerous mission to deliver four shiploads of pipe from Asia to sites through war time as Ukraine seeks to loosen Russia’s stranglehold on the European natural gas market.) US supply chain solutions company Logistics Plus, Inc. has
A Russian military transport plane that crashed Wednesday was actually shot down by Ukraine, and it was carrying 65 Ukrainian prisoners meant for a prisoner swap program, Russia's Ministry of Defense said. While Ukraine didn't comment on the cause of the crash, President Volodymyr Zelensky accused
A rapidly spreading fire disrupted operations of Russian natural gas supplier Novatek at the Ust-Luga export terminal 0n the Baltic sea coast after a suspected Ukrainian drone attack, according to news agencies. Ukrainian state news agency Ukrinform said the State Security Service of Ukraine claimed responsibility for the attack
Donald Trump's claim that he would end the Russia-Ukraine war "within 24 hours" if he becomes president of the US again is "very dangerous," said Ukrainian President Volodymyr Zelensky. Zelensky calls Trump's election vow to bring immediate end to war in
The lack of a meeting between Chinese Premier Li Qiang and Ukrainian President Volodymyr Zelensky at this weeks events in Davos represents a snub by the Asian nation and a further sign that China has sided firmly with Russia in the war, Politico wrote. China was absent from a meeting
The agriculture ministers of eastern European Union members Poland, Hungary, Romania, Slovakia and Bulgaria wrote a letter to Brussels demanding the EU impose customs duties on agricultural products from Ukraine. The joint letter to European Commission officials asks for duties "on the most sensitive agricultural products" to protect
An increasing number of countries is joining talks meant to prepare for peace in Ukraine in a "good sign" that the world understands the severity of the situation in the country, Ukrainian presidential chief of staff Andriy Yermak said at a conference in Davos. In total, 83 delegations
More than $1 billion worth of Stinger missiles, night vision goggles, attack drones and other military equipment that the US has supplied to fight Russia was not properly tracked after it reached Ukraine, according to a report by the inspector general of the US Department of Defense.
