Economy
Global military spending is rising sharply thanks to Europe, but is falling in the US
Global military spending rose by 2.9% in 2025 to reach a record $2.89 trillion, despite a significant reduction in US spending.
The US has imposed new sanctions on Chinese companies for trading with Iran
Washington has stepped up sanctions pressure on networks linked to Iran’s oil trade. Dozens of vessels, companies and a Chinese oil refinery have been targeted by the restrictions.
How much do petrol, diesel and LPG cost, and where are the best deals: a round-up of petrol station prices on 27 April
Most petrol stations in Ukraine have kept their prices unchanged following the weekend. At the same time, isolated price rises have been recorded within the state-run network.
The US has frozen $344 million in cryptocurrency linked to Iran
The US administration has announced that it has frozen a significant amount of cryptocurrency which, according to its information, is linked to Iran. The decision was taken against a backdrop of mounting economic pressure on Tehran.
Russia is preparing to cut more than 100,000 public sector jobs
The Russian authorities are planning large-scale cuts in the public sector due to a funding shortfall. The highest number of redundancies is expected in a number of regions, particularly in Moscow and the Moscow Region.
Ukraine needs €5.4 billion to prepare for winter, says Shmyhal
In preparation for the heating season, Ukraine requires significant funding and enhanced protection of its energy infrastructure. This was stated by Denys Shmyhal during an international conference.
Ukraine and the IAEA have signed a memorandum on the development of nuclear power plants
On the 40th anniversary of the Chernobyl disaster, Ukraine and the IAEA are strengthening their partnership. Ukraine’s First Deputy Prime Minister and Minister of Energy, Denys Shmyhal, and the Agency’s Director General, Rafael Grossi, have signed a Memorandum outlining the future of Ukraine’s nuclear power generation
+700 MW by winter: the EBRD’s energy sector support plan
The European Bank for Reconstruction and Development (EBRD) plans to support the creation of around 700 MW of new generation capacity in Ukraine by the start of the 2026 heating season. This was announced by the bank’s president, Odile Renaud-Basso
€110 million from Estonia: what the funds will be used for
Ukraine and Estonia are stepping up their technological cooperation. Estonia has confirmed funding for aid amounting to 0.25% of GDP — in 2026, this will be around €110 million
Orchards in the Odesa region: harvest forecasts and the price situation
Despite the frosty winter, the trees in the region have survived the winter well and have entered a phase of active growth. Irina Ishchenko, a professor at Odessa State Agrarian University, spoke about the current state of the plantations and the prospects for the harvest
Why is fuel getting more expensive? An explanation from expert Serhiy Tykhanov
Due to the destruction of its oil refining infrastructure, Ukraine is forced to import up to 100% of its fuel. This situation makes the domestic market entirely dependent on global oil prices, effectively depriving the country of the ability to regulate fuel prices independently
Gas prices from 1 May: what will change for Ukrainians
Gas tariffs from 1 May 2026. Suppliers have already published their proposals for the next gas year. The main takeaway: for most consumers, prices will remain stable and predictable
