Politics & Economics

From September 10, 2024, the National Bank of Ukraine (NBU) is making amendments to the existing foreign exchange restrictions, which are aimed at supporting business and countering unproductive capital outflows from the country. The relevant statement was made by the NBU’s press service, an Ukrinform correspondent reports. “From September 10, 2024, the National Bank of Ukraine (NBU) is making amendments to the existing foreign exchange restrictions. On the one hand, the NBU is easing a number of restrictions, and on the other hand, it is taking measures to counter unproductive capital outflows from Ukraine,” the report states. The key areas…

Berlin is not trying to mediate between Kyiv and Moscow on the issue of Russian gas transit. German Economics Ministry spokesperson Susanne Ungrad said this at a briefing on Monday, according to an Ukrinform correspondent. "Now, after the start of Russia's war of aggression against Ukraine, a completely different situation has developed. At that time, the negotiations discussed transit fees (for gas transit through Ukraine) and various other aspects, in particular, whether gas transit to Europe would continue. Now this is purely a matter of Ukraine," she said. According to Ungrad, Germany is negotiating with other European countries and the…

As long as the war threatens the safety of the Zaporizhzhia NPP, its reactors must remain in "cold shutdown". This was stated by IAEA Director General Rafael Grossi in an introductory statement to the Agency's Board of Governors meeting in Vienna on Monday, according to an Ukrinform correspondent. "The situation at the Zaporizhzhia nuclear power plant remains precarious. Regular explosions, drone attacks, gunfire; repeated interruptions of external power supply, among other challenges, increase the risk of a nuclear accident," Grossi said. He recalled that on August 11, a fire ignited inside one of the plant’s cooling towers. The damage incurred…

After technical issues were eliminated, the system of customs clearance on the Polish-Ukrainian border went back to normal. That’s according to the State Customs Service of Ukraine, Ukrinform reports. "Poland’s customs clearance system has resumed operation: checkpoints are working as usual," the statement reads. Read also: Poland, U.S. to deepen cooperation in Ukraine’s reconstruction According to Ukraine’s customs officials, the Polish side fixed malfunctions in their customs service system, which had led to delays in clearance of freight vehicles. Currently, all trucks cross the border in regular mode. As reported, on September 6, a failure occurred in the electronic customs…

Yesterday, power companies restored power to nearly 20,000 consumers. Due to the hostilities and technical disruptions, 531 settlements remain without electricity. This was reported by the press service of the Ministry of Energy of Ukraine, Ukrinform reports. “Yesterday, power engineers restored power to 19,821 consumers who were de-energized as a result of hostilities and technological disruptions,” the statement said. In particular, in Kharkiv and Sumy regions, substations and household consumers were de-energized as a result of hostilities, but power was restored according to the backup scheme. In Donetsk region, an artillery shelling damaged a building on the territory of a…

The national power grid operator has no plans to restrict electricity consumption in the country on Monday, September 9. That’s according to Ukrenergo’s press service, Ukrinform reports. The company urges citizens to consume electricity responsibly, refraining from switching on several powerful electrical appliances at once from 18:00 to 21:00. Read also: Russia could use Iranian missiles to attack Ukraine’s critical infrastructure in fall, winter - think tank As reported earlier, the International Atomic Energy Agency (IAEA) this week signed an agreement with France and NAEC Energoatom to support Ukrainian nuclear power plants.

Ukrenergo, the operator of Ukraine’s power system, say no rolling power shutdowns are to be introduced on Sunday, September 8. That’s according to the company press service, Ukrinform reports. The operator urges citizens to switch on powerful home appliances from 10:00 to 16:00 p.m., and to consume electricity responsibly especially from 18:00 to 21:00. Read also: Zelensky, Meloni talk power system recovery, reconstruction As Ukrinform reported earlier, energy repair crews are eliminating the consequences of Russian strikes on energy facilities across four regions.

Deputy Head of the Ukrainian President’s Office Iryna Mudra met with representatives from the International Monetary Fund’s mission the key reforms required for the fifth review of the Extended Fund Facility. This was reported by the Office’s press service, Ukrinform saw. "During the meeting, the main attention was paid to the establishment of the High Specialized Court to hear public law disputes against national state bodies, as well as the extension of the mandate of the Public Council of International Experts to successfully complete the competition for the positions of judges of the High Anti-Corruption Court," the report reads. Read…

Pennsylvania, Arizona, and Texas are among the U.S. states benefiting the most from funding and investment to arm Ukraine in its fight against Russian aggression. This is reported by Reuters, Ukrinform saw. Pennsylvania, a state that could influence the outcome of the Nov. 5 presidential election, received the most among other states ($2.52 billion) to produce arms and ammunition, according to Pentagon documents released Friday. In Arizona, Ukraine-related spending and investments amounted to $2.02 billion, and in Texas the figure reached $1.85 billion. Read also: Pentagon reveals details of new $250M package for Ukraine Companies such as Arizona-based RTX Raytheon,…

President Volodymyr Zelensky in the fields of the Amborosetti Forum in Italy met with representatives from over 30 leading Italian companies working in various fields to discuss cooperation with Ukrainian businesses. This was reported by the president’s press service, Ukrinform saw. During the meeting, the parties discussed the post-war reconstruction of Ukraine. The president emphasized the need not only to restore but also to build a qualitatively new economy and modern infrastructure. “The reconstruction of Ukraine should include the introduction of innovative technologies and modern infrastructure,” Zelensky said. Read also: “Victory Plan” to show Ukraine’s vision of peace, ways to…