Economics

The Australian authorities are considering imposing additional sanctions on Russia should it launch a new invasion of Ukraine. That's according to the Australian Financial Review, Ukrinform reports. "They [new sanctions against Russia] are a potential tool Australia can use in concert with like-minded countries," said Australia's Foreign Minister Marise Payne. According to her, Western countries did not accept Russian President Vladimir Putin's "bullying." She also confirmed that the Australian government was considering providing cyber security assistance to Ukraine, but direct military assistance was off the table. Last week Ukrainian Foreign Minister Dmytro Kuleba had his first phone call with Australian…

The course towards Ukraine's energy independence is a constant priority of the Cabinet of Ministers and envisages, in particular, the integration of the country's energy markets into the markets of the European Union. "Energy independence is the Government's constant priority. Our tasks include integrating gas and electricity markets into the European Union markets, developing nuclear generation (building new units of nuclear power plants and diversifying nuclear fuel supplies)," Prime Minister Denys Shmyhal said at the Cabinet’s meeting, an Ukrinform correspondent reports. Among the tasks of the Cabinet of Ministers for 2022, the PM also mentioned the increase in domestic energy…