The EU is still debating how quickly countries will stop importing oil from Russia. Germany, which has long been a major opponent of the embargo on Russian oil, ready to support the European Union's initiative to ban oil imports from Russia. This was reported by The Wall Street Journal with reference to German officials. The…
Category: economy
The Russian occupiers are exporting tons of grain to Russia from the occupied Ukrainian villages – the General Staff
60 tons of grain were exported from Kamianka-Dniprovska. Russian occupiers in the temporarily occupied territories plunder villages and tons of grain are exported. This was reported by the General Staff of the Armed Forces of Ukraine. In particular, they stole more than 60 tons of wheat from the agricultural enterprise in Kamianets-Dniprovska together with transport.…
The US House of Representatives is ready to support Biden's request for $ 33 billion for Ukraine
It is estimated that $ 20 billion will be allocated for military assistance. The US Congress is set to approve President Biden's $ 33 billion request for financial assistance to Ukraine. This was stated by the Speaker of the House of Representatives Nancy Pelosi. An official statement from Congress said the United States stands ready…
The UN is ready to pay cash to two million Ukrainians – Guterres
This operation is not typical for the organization, because Ukraine has a functioning government. UN Secretary-General Antonio Guterres said his the organization plans to provide financial assistance to two million citizens of Ukraine in coordination with the government. He said this during a press conference in Kyiv following a meeting with Volodymyr Zelensky. According to…
Biden is asking Congress to provide an additional $ 33 billion to support Ukraine
In particular, he wants to spend more than $ 20 billion on military aid. President of the United States Joe Biden sends to the US Congress request for additional funds to help Ukraine. He said this in an address on Thursday. “We have run out of money. So today I am sending an additional request…
McDonald's exit from Russia caused him 2.5 times more damage than expected
In the second quarter of 2022, the amount of losses and forecasts will be specified. McDonald's fast food chain losses of $ 127 million against the closure of restaurants in Ukraine and Russia. The loss was initially expected to be less than $ 50 million, according to CNBC. $ 27 million was spent on rent,…
Japan will provide a $ 100 million loan to Ukraine for 30 years
The rate will be 1% per annum with a grace period of 10 years. Ukraine and Japan signed an agreement on granting our country $ 100 million loan in support of Ukraine . Loan repayment period – 30 years, including the grace period – 10 years; interest rate – 1% per annum. This was reported…
Bulgarian PM after Zelensky talks: We are ready to promote electricity exports from Ukraine
Ukraine has recently become a member of ENTSO-E, which allows us to sell electricity to the EU. Bulgaria is ready to promote electricity exports from Ukraine , said the Prime Minister of Bulgaria Kirill Petkov after talks with the Ukrainian President Vladimir Zelensky, reports Office of the President . < p> In addition, the Bulgarian…
Russia is adapting and circumventing sanctions on fuel exports
Supplies of oil, coal and liquefied natural gas have increased in some areas. Center for Energy and Clean Air Research (CREA) Having collected information on the supply of fossil fuels from the Russian Federation by sea and pipelines, notes that the Russian Federation is adapting quite quickly to the new working conditions in world markets.…
A quarter of Russia's fossil fuel supplies still reach EU ports
We are talking about six ports in four countries. A quarter of Russia's fossil fuel supplies come to only six EU ports in the Netherlands, Italy, Belgium and Poland. This conclusion was reached by the Center for Energy and Clean Air Research (CREA), gathering information on the supply of fossil fuels to Russia by sea…