Politics & Economics

Canada will provide $200 million to co-finance the joint production of advanced drones with Ukraine, involving Canadian suppliers. The country has also become the first non-European participant in NATO's Prioritized Ukraine Requirements List (PURL) initiative for Ukraine. Canadian Prime Minister Mark Carney announced this during a media briefing, Ukrinform reports. "We had a discussion today about specifying and targeting that assistance where it will have the greatest impact, and we will do so... We're proud to be the first non-European nation to participate in NATO's PURL program, the package of the most urgently needed military assistance that will be delivered…

As of August 22, 2025, Ukrainian farmers gathered 27.25 million tonnes of early grain and leguminous crops, and began to harvest sunflowers and soybeans. The relevant statement was made by the Ukrainian Economy, Environment and Agriculture Ministry, an Ukrinform correspondent reports. “As of August 22, 2025, a total of 27,251.9 thousand tonnes of early grain and leguminous crops were harvested from 6,700.9 thousand hectares. Overall, 60% of crop fields sown with such crops were threshed,” the report states. In particular, Ukrainian farmers gathered more than 21 million tonnes of wheat from 4.87 million hectares, 4.97 million tonnes of barley from 1.3…

Russia’s missile strike on the U.S.-owned enterprise Flex in the Zakarpattia region (Mukachevo) was intended to influence Ukraine’s Western allies and discourage them from investing in the country. According to Ukrinform, this assessment was made in a report by the Institute for the Study of War (ISW). “Russia likely struck the ‘Flex’ enterprise to discourage the United States and Ukraine's European allies from investing in Ukraine or opening businesses within Ukraine,” the ISW said. According to experts, Russia likely prepared for this strike for several weeks, stockpiling drones and missiles over the backdrop of ongoing US-Russian negotiations and the August…

Minister of Energy Svitlana Hrynchuk held a meeting with Jarek Niewierowicz, Chairman of the Supervisory Board of JSC NNEGC Energoatom, Acting CEO Pavlo Kovtoniuk, and former CEO Petro Kotin. The meeting was reported by the Ministry’s press service, according to Ukrinform. The minister expressed confidence that Kovtoniuk’s extensive professional experience—particularly in managing the Rivne Nuclear Power Plant—would enable him to effectively fulfill his duties until a permanent CEO is appointed. She also acknowledged the contributions of former CEO Petro Kotin to the development of Energoatom and thanked him for “ensuring the safe and efficient operation of nuclear power plants during…

European Commission President Ursula von der Leyen commented on the EU’s allocation of a new EUR 4.05 billion financial aid package for Ukraine. Von der Leyen posted this on X, Ukrinform reports. “EU solidarity with Ukraine is unwavering. Today, the EU disburses over €4 billion to support Ukraine. This is our commitment not only to Ukraine’s recovery, but to its future as a sovereign and democratic country,” von der Leyen wrote. Her post notes that, with this allocation, total financial support for Ukraine from the EU and its member states has now reached €168.9 billion. Meanwhile, European Commissioner for Enlargement Marta…

Ukraine has received EUR 4.05 billion in international aid, including EUR 1 billion under ERA Loans financed from frozen Russian assets and EUR 3.05 billion under the Ukraine Facility for reconstruction and integration. This was announced by Prime Minister Yuliia Svyrydenko on Telegram, according to Ukrinform. “Ukraine has received EUR 4.05 billion — EUR 1 billion through ERA Loans funded from frozen Russian assets, and EUR 3.05 billion under the Ukraine Facility for reconstruction and integration. This support strengthens both the state budget and the reconstruction process,” she wrote. Svyrydenko expressed gratitude to European partners for their assistance. Read also: Government allocates UAH 300M to rebuild…

In the near future, foreign exchange rates in Ukraine will remain within the corridor of UAH 41.05-41.85 for the U.S. dollar and UAH 47.80-48.70 for the euro. The relevant forecast was made by the analysts of KYT Group, a multiservice fintech company, in a commentary to Ukrinform. As emphasized by the experts, this week Ukraine’s foreign exchange market has operated as predicted. The main influencing factors remained the restrained intervention activity of the National Bank of Ukraine (NBU), the expected pressure on the market from the population and representatives of the export-import sector of the economy, as well as expectations…

Police have uncovered two large-scale schemes involving the misappropriation of natural gas, which caused losses exceeding 400 million UAH, as well as their organizer. This was reported by the National Police of Ukraine, according to Ukrinform. “The criminal schemes were exposed by investigators of the Main Investigative Department of the National Police and operatives of the Strategic Investigations Department together with the Security Service of Ukraine,” the National Police stated. It is noted that officials of a private company, acting in collusion with affiliated enterprises, illegally misappropriated natural gas belonging both to the state operator of Ukraine’s gas transmission system…

Ukrainian Defense Minister Denys Shmyhal has discussed with a delegation from leading German arms manufacturer KNDS Deutschland the creation of new joint ventures in Ukraine. He reported this on Telegram, according to Ukrinform. "I held a meeting with the KNDS Deutschland delegation, led by CEO Ralf Ketzel. KNDS is a leading arms manufacturer whose products have already proven effective on the battlefield. We focused on strengthening industrial cooperation. We discussed the creation of new joint ventures in Ukraine for the production of military equipment and spare parts," Shmyhal said. He added that work is also ongoing on launching repair and…

During the night of August 21, a facility of Ukraine’s gas transmission system (GTS) sustained damage following a Russian airstrike. This was reported by the Ministry of Energy, according to Ukrinform.   "On the night of August 20–21, one of the gas transmission system’s facilities was hit during a Russian aerial attack. Damage assessment is currently underway," the statement reads. Read also: Russia launches several missiles at coffee machine factory in Zakarpattia - Zelensky It is noted that, thanks to the actions of personnel, the site of the damage has been contained. As previously reported, a Russian strike on the…