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News
Ukraine's Inflation Reverses Course as NBU Warns Prices Could Stay Sticky
2+ week, 6+ hour ago (645+ words) In brief: Ukraine's annual inflation accelerated to 7.7% in July from 7.2% in June, while core inflation held at 8.1%, according to the State Statistics Service. Water tariffs surged 31.9% and transport services jumped 28.9% annually as a result of the spike in prices caused…...
Intertop Estimates $10 Million in Goods Lost After Russian Attack on Main Warehouse
2+ week, 7+ hour ago (409+ words) In brief: Intertop Ukraine retailer estimates that a Russian attack on its main warehouse destroyed goods worth about Hr.450 million ($10.8 million). The warehouse held hundreds of thousands of shoes, clothes, accessories and cosmetics, including new autumn-winter stock, while the retailer…...
North Korea Earns Up to $22 Billion Through Arms Sales to Russia
2+ week, 2+ day ago (440+ words) The North Korean leader Kim Jong-Un secured up to $22 billion in foreign revenue between 2022 and 2025, largely driven by the mass export of munitions and troops to sustain Russia’s war in Ukraine, Bloomberg reported. The staggering sum, which nearly quadruples Pyongyang’s…...
Ukraine's GDP Growth Rebounds, Still Below Central Bank Forecast
2+ week, 6+ day ago (460+ words) In brief: Ukraine's economy grew 0.6% year-on-year in the second quarter of 2026, a flash estimate from the State Statistics Service showed, falling short of the National Bank's 0.8% calculation. The NBU said expanded budget stimulus and an improving energy grid drove the…...
Russia’s Cash Rush Tops €26.9B as Banks Borrow Billions Amid Blackouts and Economic Fears
1+ mon, 16+ hour ago (417+ words) In brief: Russians have withdrawn more than 2.4 trillion rubles (€26.9 billion) in cash since February as internet blackouts and economic uncertainty undermine confidence in electronic payments. The surge has left banks short of liquidity, forcing the central bank to inject billions…...
Ukraine Inflation Cools as Fuel Stays 33% Above Last Year
1+ mon, 2+ week ago (629+ words) In brief: Inflation in Ukraine decelerated to 7.2% year-on-year in June as consumer prices dipped 0.1% against May, though core inflation rose to 8.1% and fuel remained 33.4% more expensive than a year ago, according to the State Statistics Service. Kyiv Post breaks down…...
Russian Fuel Tourists Face New Entry Limits in Kazakhstan as Crisis Deepens
1+ mon, 2+ week ago (760+ words) Kazakhstan has restricted the entry of passenger and cargo vehicles from neighboring countries to once a day in an effort to curb illegal fuel exports, as Russian citizens seek cheaper gasoline amid a deepening fuel crisis. Deputy Energy Minister Kayirkhan…...
Russia’s Small Businesses Pay The Price of Spiralling Ukraine War
1+ mon, 3+ week ago (666+ words) In brief: Closed shops and “for rent” signs in a Moscow suburb show pressure on Russia’s small businesses as war spending, inflation, and higher taxes rise. Owners say fewer customers and higher costs are forcing them to cut back, go…...
Russian Economy 'in Dead End' as War Costs Devour Budget
1+ mon, 4+ week ago (783+ words) The Russian economy has effectively reached a standstill, with Moscow financing its war against Ukraine by draining domestic resources and sacrificing the civilian sector, Ukraine’s presidential representative on sanctions policy, Vladyslav Vlasyuk, told Kyiv Post on Friday. Vlasyuk said the…...
Small Planes in Russia Test Car Fuel as Aviation Supplies Tighten
2+ mon, 2+ day ago (616+ words) In brief: Russian general aviation operators have started testing automobile gasoline in light aircraft as aviation fuel becomes increasingly costly and scarce, with some regions reporting stocks sufficient for only one to one-and-a-half months. The An-2 Operators Association has called…...