russia’s-38%-refinery-shutdown-forces-a-9-month-fuel-import-crisis

Nine months. That’s how long Russia admits it needs to solve what officials call a “temporary” fuel crisis. The self-proclaimed energy superpower agreed on 30 September to suspend all fuel import tariffs through June 2026—a humiliating admission that Ukrainian drone strikes and Western sanctions have broken its refining capacity. RussiaContinue Reading

ebrd-joins-the-consensus:-ukraine’s-war-economy-stalls

EBRD joins the World Bank and National Bank in slashing forecasts as the reconstruction economy hits structural limits, threatening reconstruction timelines. The European Bank for Reconstruction and Development cut Ukraine’s 2025 growth forecast to 2.5% from 3.3% on 25 September. With this, Ukraine’s largest institutional investors agree on a harshContinue Reading

anti-corruption-cops-nail-railway-executives-after-beating-zelenskyy

European taxpayers funding Ukraine’s €50 billion ($59 billion) reconstruction want guarantees their money won’t disappear into corruption. Ukraine’s anti-corruption investigators just provided that reassurance by nailing four railway executives for rigging paint contracts worth 15 million UAH ($363,000)—just two months after surviving President Volodymyr Zelenskyy’s attempt to strip their independence.Continue Reading

ukraine’s-grocery-bills-and-a-democracy-under-pressure

I remember the shock of standing in a Lviv supermarket last summer, staring at egg prices that had tripled almost overnight. What used to cost 30 hryvnias ($0.70) for a 10-pack suddenly jumped to 60, then 85, even 90 hryvnias ($2.15). I stopped eating eggs for a while, checking pricesContinue Reading

putin’s-power-plant-bombs-send-ukrainian-bread-prices-soaring-25%

Ukrainian bread prices may surge 25% in the coming months, but according to industry officials, the driver isn’t a wheat shortage—it’s Russia’s systematic attacks on energy infrastructure, pushing electricity, logistics, and production costs through the roof. Russia’s energy warfare strategy has proven more effective at inflating food costs than destroyingContinue Reading

bad-weather-cuts-ukraine-grain-production-by-11%

Ukrainian farmers watched their southern fields turn to dust this summer. A late and cold spring combined with the worst drought in decades slashed grain production by 11% and threatened the country with $1 billion in lost export revenue. But bad weather alone could not have been overcome if thereContinue Reading

creaking-wheels:-russian-railway-cargo-plunges-for-third-quarter-as-war-costs-mount

Russian Railways’ cargo volumes dropped 5.4% in August 2025 compared to the previous year, marking the third consecutive quarterly decline as sanctions and war costs devastate Moscow’s economy. According to Ukraine’s Center for Countering Disinformation, the state railway monopolist transported just 92.2 million tons in August, down from 97.2 millionContinue Reading

ukraine-seeks-to-tame-war-risk-with-state-backed-insurance-scheme

Verkhovna Rada’s finance committee chair Danylo Hetmantsev announced the program on Sunday, building on previous warnings from officials that “the lack of coverage for military risks is a significant obstacle to attracting investors for Ukraine’s reconstruction and economic development,” as former deputy economy minister Oleksiy Sobolev, now Ukraine’s minister ofContinue Reading

ukraine’s-defense-tech-leader-challenges-western-strategic-assumptions

Ukrainian defense tech CEO Yaroslav Azhnyuk delivered a stark warning to Western allies at Thursday’s defense cooperation forum in Lviv: hearing wake-up calls about Russian threats isn’t the same as waking up. Speaking at the “Joint Ventures, Joint Defence” forum in Lviv, Azhnyuk challenged fundamental Western assumptions about Ukrainian innovationContinue Reading