Ukraine war latest: Russia attempts to seize bridgehead on west
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Ukraine war latest: Russia attempts to seize bridgehead on west bank of Dnipro, potentially for Kherson assault

Key developments on Dec. 24: Russia trying to seize bridgehead on west bank of Dnipro, but no talk of storming Kherson, military says Russia strikes apartment building in Kryvyi Rih on Christmas Eve, at least 1 killed, 13 injured Ukrainian volunteers developing more powerful model of Trembita missile capable of reaching Moscow, The Economist reports […]
Russia trying to seize bridgehead on west bank of Dnipro,
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Russia trying to seize bridgehead on west bank of Dnipro, but no talk of storming Kherson, military says

Russian troops are likely seeking to seize a bridgehead on the western bank of the Dnipro River or one of its islands in order to transfer firepower there, Vladyslav Voloshyn, the spokesperson for the Ukrainian military's Southern Command, told Radio Free Europe/Radio Liberty (RFE/RL) on Dec. 24. Voloshyn's statement comes amid an anticipated large-scale Russian […]
Ukraine receives 86 million euros from European Investment Bank to
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Ukraine receives 86 million euros from European Investment Bank to protect energy infrastructure from drone attacks

The European Investment Bank (EIB) has provided Ukraine's state grid operator, Ukrenergo, with 86 million euros ($89.5 million) to protect the country's energy infrastructure from drone strikes, the EIB announced on Dec. 23. The funding comes as Russia continues to target Ukrainian energy infrastructure, testing Ukrainians' resolve as they endure another harsh winter. Earlier this […]
Ukraine receives $4.8 billion from World Bank
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Ukraine receives $4.8 billion from World Bank

Ukraine has received a $4.8 billion loan from the World Bank through the PEACE project for social expenditures, Prime Minister Denys Shymhal said on Nov. 27. "We are very grateful to the United States and the development partners who are financing assistance under the PEACE project," Shmyhal said on X. As the ongoing full-scale Russian […]
Opinion: The central bank can't solve Russia's economic crisis in
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Opinion: The central bank can't solve Russia's economic crisis in the face of war and sanctions

Almost three years after Russia launched its full-scale invasion of Ukraine, the West’s financial sanctions have finally started to bite, triggering fierce infighting within the Kremlin over control of Russia’s central bank. Russia’s business community has remained largely silent over the past two years, even as Western sanctions triggered a surge in real interest rates. […]
Ukraine to receive $600 million from World Bank under RISE
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Ukraine to receive $600 million from World Bank under RISE Initiative

Ukraine has signed agreements with the World Bank totaling nearly $600 million under the "Resilient, Inclusive and Sustainable Enterprise" (RISE) project, Prime Minister Denys Shmyhal announced on Nov. 4. The project is aimed at supporting small and medium-sized businesses, green initiatives, and digitalization, according to his post on Telegram. Shmyhal announced that the project will […]
National Bank of Ukraine leaves interest rates unchanged at 13%
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National Bank of Ukraine leaves interest rates unchanged at 13%

The National Bank of Ukraine (NBU) has kept interest rates on hold at 13%, it announced on Oct. 31. The decision was in line with analysts’ predictions, and comes as Ukraine braces for next week’s U.S. presidential election, Bloomberg reported. “Given that inflation has not yet peaked, and that pro-inflationary risks have even increased for […]