Economy

The dollar and euro are falling in value on 17 March: where can you get the best exchange rate today?
Economy

The dollar and euro are falling in value on 17 March: where can you get the best exchange rate today?

The cash market opened on 17 March with a fall in the value of the dollar and the euro. The currency has depreciated at both currency exchange bureaux and banks, with PrivatBank currently offering the best rates for buying foreign currency.

Seizure of pensions and social security payments: the Supreme Court explains when an account may be frozen
Economy

Seizure of pensions and social security payments: the Supreme Court explains when an account may be frozen

State enforcement officers may freeze Ukrainians’ bank accounts even in cases where pensions or social security payments are paid into them, unless the bank has designated such an account as one subject to special treatment. The Supreme Court has confirmed that, in order to have the freeze lifted, the debtor must themselves prove the intended purpose of the funds.

US oil companies stand to make billions in profits as a result of the war in the Persian Gulf
Economy

US oil companies stand to make billions in profits as a result of the war in the Persian Gulf

The rise in oil prices following the outbreak of the conflict involving Iran could generate significant additional revenue for US producers. Analysts estimate that, should prices remain high, US companies could see tens of billions of dollars in additional cash flow.

The highest-paid actors of 2025: who topped the Forbes list
Economy

The highest-paid actors of 2025: who topped the Forbes list

Forbes has published its list of the highest-paid actors of 2025. Adam Sandler took first place with earnings of $48 million after agent and manager fees, whilst Tom Cruise, Mark Wahlberg, Scarlett Johansson and Brad Pitt also made the top five.

Yanukovych’s assets and those of Russian oligarchs: what Ukraine has confiscated to the tune of 15 billion
Politics
  • Important

Yanukovych’s assets and those of Russian oligarchs: what Ukraine has confiscated to the tune of 15 billion

Since the start of the full-scale invasion, Ukraine has seized Russian assets worth at least 15 billion hryvnias. These include the property of Russian oligarchs, assets belonging to Yanukovych, as well as those of traitors and collaborators with Russia.

Why is the Strait of Hormuz one of the key hubs for global trade and energy?
Politics
  • Important

Why is the Strait of Hormuz one of the key hubs for global trade and energy?

The Strait of Hormuz, 39 kilometres wide and located between Iran and Oman, handles around 20 per cent of the world’s oil supplies every day. Against the backdrop of the new crisis surrounding this route, attention has once again turned to its historical, economic and military significance.

Ukraine has shown diplomats the consequences of attacks on the infrastructure of the Druzhba oil pipeline
Economy

Ukraine has shown diplomats the consequences of attacks on the infrastructure of the Druzhba oil pipeline

Representatives of foreign diplomatic missions were shown footage of the damage to the Druzhba oil pipeline infrastructure following Russian attacks. Diplomats from 31 countries attended the briefing.

Cashback on fuel and a payment of 1,500 UAH: the government has expanded its support programme for Ukrainians
Economy

Cashback on fuel and a payment of 1,500 UAH: the government has expanded its support programme for Ukrainians

The government has expanded the “National Cashback” scheme and introduced a fuel rebate. In addition, the most vulnerable sections of the population will receive a one-off payment of 1,500 UAH.

Sweden has detained a second tanker from Russia’s shadow fleet in the Baltic Sea
Politics

Sweden has detained a second tanker from Russia’s shadow fleet in the Baltic Sea

The Swedish Coast Guard has detained the tanker Sea Owl I in the Baltic Sea; the vessel was en route to the Russian port of Primorsk. The ship is subject to European Union sanctions in connection with Russia’s war against Ukraine.

Naftogaz has finally won its case against Gazprom in the Swiss Supreme Court, securing a judgment of over $1.4 billion
Politics

Naftogaz has finally won its case against Gazprom in the Swiss Supreme Court, securing a judgment of over $1.4 billion

The Swiss Federal Supreme Court has dismissed in its entirety the appeal lodged by Russia’s Gazprom seeking to overturn the arbitration award in favour of Naftogaz. Consequently, the ruling ordering the payment of over $1.4 billion to the Ukrainian company remains in force.

The US has used up years' worth of ammunition stocks since the start of the war with Iran
Politics

The US has used up years' worth of ammunition stocks since the start of the war with Iran

The US military is rapidly depleting its key ammunition stocks following the outbreak of war with Iran. This applies in particular to long-range Tomahawk cruise missiles.

Shmyhal: 3.5 GW of generating capacity has been restored in Ukraine, with a further 2 GW to be added by the end of May
Economy

Shmyhal: 3.5 GW of generating capacity has been restored in Ukraine, with a further 2 GW to be added by the end of May

Ukrainian energy companies have already restored 3.5 GW of capacity at thermal power stations, combined heat and power plants and hydroelectric power stations, out of a total of over 9 GW of generation capacity damaged by Russian attacks. By the end of May, they plan to restore a further 2 GW to the grid, which should support the energy sector during the scheduled maintenance of nuclear power units.

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