Politics & Economics

Assistance to Ukraine’s energy sector is priority for UNDP – MoE

Assistance to Ukraine’s energy sector is priority for UNDP – MoE

Representatives of the United Nations Development Program (UNDP) will continue to provide assistance to the Ukrainian energy sector to recover from Russian attacks. This was reported by the Ministry of Energy of Ukraine, Ukrinform reports. Representatives of the UNDP Office voiced this position at a meeting with Deputy Minister of Energy of Ukraine Roman Andarak. The meeting was attended by Shoko Noda, Assistant Secretary-General and Administrator of the organization, Director of the UNDP Crisis Management Bureau, and Jaco Cilliers, UNDP Resident Representative in Ukraine. The parties discussed the need for equipment for the development of distributed generation capacities, in particular…
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Draft state budget for 2025 submitted to Parliament

Draft state budget for 2025 submitted to Parliament

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Russians again restrict IAEA access to Zaporizhzhia NPP facilities

Russians again restrict IAEA access to Zaporizhzhia NPP facilities

The Russian occupation administration of the Zaporizhzhia NPP continues to restrict access to the IAEA mission present at the plant, in particular, experts were again not allowed to enter the western part of the turbine hall. According to Ukrinform, the new restriction is reported in a report published on Friday by the International Atomic Energy Agency. “The IAEA team inspected the electrical control room, instrumentation and control panel of Unit 4, as well as the turbine halls of Units 1 and 2. Access to the western part of the turbine hall was again denied,” the report says. Read also: IAEA:…
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More than 200,000 ha of farmland cleared of mines since-year start – PM Shmyhal

More than 200,000 ha of farmland cleared of mines since-year start – PM Shmyhal

Since the beginning of 2024, more than 200,000 hectares of agricultural lands have been inspected and cleared of mines. Prime Minister Denys Shmyhal said this at a government meeting on Friday, Ukrinform reports. “Thousands of sappers from the State Emergency Service and the State Transport Special Service work every day to inspect and clear our land of mines. However, the scale of the work is so large that we need additional tools. That is why we are creating a humanitarian demining market and engaging private mine action operators,” he said. The Prime Minister emphasized that mine clearance efforts are focused…
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Ukraine expects $1.1B tranche from IMF soon – PM Shmyhal

Ukraine expects $1.1B tranche from IMF soon – PM Shmyhal

Ukraine expects to receive a $1.1 billion tranche from the International Monetary Fund (IMF) soon, Prime Minister Denys Shmyhal has said. Speaking at a government meeting on Friday, the Ukrainian Prime Minister said that this week an agreement was reached with the IMF at the expert level on the fifth review of the Extended Fund Facility (EFF) Arrangement, with funding of $15.6 billion. “Ukraine is implementing all the reforms to meet structural benchmarks. We expect another tranche of $1.1 billion from the IMF in the near future,” he said. According to the Prime Minister, the financial support of partners helps…
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Bulgaria extends for six months talks on selling Ukraine Russian nuclear reactors

Bulgaria extends for six months talks on selling Ukraine Russian nuclear reactors

The Parliament of Bulgaria decided to extend by six months the deadline given to the government for negotiations on the sale of two Russian nuclear reactors and auxiliary equipment to Ukraine. This was reported by Euractiv, Ukrinform saw. Authorities in Sofia received the reactors from Russia’s Atomstroyexport more than six years ago, but they were already unusable because the country had given up on building the Belene nuclear power plant. The reactors are currently stored near Belene awaiting sale. Bulgaria has been negotiating the equipment sale with Ukraine for almost two years, with parliament obliging the government to conclude the…
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PM Shmyhal, EBRD Vice President discuss implementation of joint projects

PM Shmyhal, EBRD Vice President discuss implementation of joint projects

Ukrainian Prime Minister Denys Shmyhal and European Bank for Reconstruction and Development (EBRD) Vice President Matteo Patrone have discussed the implementation of joint infrastructure and humanitarian projects, namely the provision of water supply to Mykolaiv. The relevant statement was made by Ukrainian Prime Minister Denys Shmyhal on Telegram, an Ukrinform correspondent reports. According to Shmyhal, the EBRD is one of Ukraine’s main partners and a reliable investor. “The increase in investments in Ukraine has reached more than EUR 4.5 billion since February 2022,” Shmyhal noted. The Prime Minister thanked the EBRD for its crucial support for Ukraine’s energy sector and…
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Global wheat prices jump after Russia attacks grain bulker in Black Sea

Global wheat prices jump after Russia attacks grain bulker in Black Sea

Wheat futures rose 2.2% after Ukraine said a Russian missile hit a grain bulker in the Black Sea. This was reported by Bloomberg, Ukrinform saw. Wheat futures jumped by 2.2% after Ukraine announced that a Russian missile hit a ship carrying grain after it left Ukraine’s territorial waters, the report said. Futures on the Chicago Mercantile Exchange rose to $5.9175 a bushel, the highest since July 2024. Read also: FTA with Turkey will help attract investments, rebuild Ukraine - ambassador That said, the rise came ahead of the USDA's monthly supply and demand report, due September 12. As reported, on…
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Ukraine forced to restrict electricity consumption on Thursday

Ukraine forced to restrict electricity consumption on Thursday

Ukraine is introducing rolling blackouts from 13:00 on Thursday, September 12. That’s according to the DTEK operator, Ukrinform reports. "Kyiv, the regions of Kyiv, Odesa, Dnipropetrovsk, and Donetsk: we are moving to stabilization shutdowns. On the command of Ukrenergo, one shift of blackouts will be applied in the specified regions from 13:00 to 23:00," DTEK said in a statement. Read also: Russia attacks energy infrastructure in six Ukrainian regions over past day In addition, distribution companies in Poltava,  Mykolaiv, Vinnytsia, Sumy, Cherkasy, and Chernihiv warned electricity consumers of the introduction of hourly blackouts. As reported earlier, Ukrenergo did not initially…
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Russia attacks energy infrastructure in six Ukrainian regions over past day

Russia attacks energy infrastructure in six Ukrainian regions over past day

During the past 24 hours, the Russians attacked energy facilities in Dnipropetrovsk, Donetsk, Sumy, Kharkiv, Kherson, and Chernihiv regions of Ukraine. This was reported by the Ministry of Energy, Ukrinform learned. "During the day, the Russians attacked energy facilities in Dnipropetrovsk, Donetsk, Sumy, Kharkiv, Kherson and Chernihiv regions," the report says. In particular, in Donetsk, Sumy and Chernihiv regions, substations were disconnected, household and industrial consumers remained without power supplies. In Kyiv region, during an inspection, an explosive object was discovered at a substation before it was successfully removed. Read also: Some energy facilities in Ukraine come under Russian fire…
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