U.S. President Joe Biden will be passing around $3.8 billion in the so-called Presidential Drawdown Authority (PDA) to his successor — Donald Trump. On the campaign trail, Trump has repeatedly criticized the Biden administration for providing Ukraine with military assistance, including through military shipments using the PDA. Countering Trump's rhetoric, the outgoing administration stated its […]

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 […]