Economy
Japan to provide almost USD 6 billion in aid to Ukraine in 2026
Tokyo has announced additional financial support for Ukraine for the next year. The funds will strengthen the country's resilience and help counter Russian aggression
Britain refuses to use frozen Russian assets to support Ukraine
The UK government has ruled out the possibility of using the frozen Russian reserves to directly fund Ukraine, citing the need for concerted international action
More than 500 attacks in Odesa region in a week. No evacuations planned, fuel prices promised to remain stable
The Russian army has carried out more than 500 strikes in Odesa region in seven days. Despite the difficult logistics, the authorities claim to be in control of the situation, with no evacuation plans and no risk of rising fuel prices
Turkey's Aselsan signs defence contract with Poland for $410 million
Aselsan, one of Turkey's largest defence companies, has signed an agreement to supply electronic warfare systems to a NATO member state. The $410 million contract is one of the company's largest export projects
Rheinmetall opens new plant in Szeged and expands presence in Hungary
German defence and industrial group Rheinmetall is investing tens of millions of euros in a new hybrid plant in Hungary. The facility will combine civil and military production and create more than 300 jobs
The US intercepts another tanker with Venezuelan oil, increasing pressure on Caracas
For the second time in December, Washington stopped a ship carrying oil from Venezuela in international waters. The actions come amid a blockade of oil exports announced by the Donald Trump administration and a sharp deterioration in relations with the Nicolas Maduro regime
Ukraine has attracted over $125 million from the World Bank for education and healthcare
The state budget of Ukraine has received more than $125 million in concessional financing from the World Bank under the LEARN and THRIVE projects. The funds will be used to support education, healthcare and reforms in these areas
EIB to provide over €74 million to Ukraine for energy independence of communities and transport
The European Investment Bank is transferring more than €74 million to Ukraine for energy, public transport and infrastructure rehabilitation in eight regions. Part of the funds will go to solar power plants for hospitals and schools
US-Ukraine Reconstruction Fund plans first investment in 2016
The US-Ukraine Reconstruction Investment Fund has completed the preparatory phase and expects to launch its first projects in 2026. The fund's seed capital is $150 million
US tightens sanctions against Iran's shadow oil fleet
The US Treasury Department has imposed new sanctions against 29 vessels and companies that helped Iran export oil bypassing restrictions. According to Washington's estimates, this is hundreds of millions of dollars in revenue for the Iranian regime
Zelenskyy meets with Portuguese Prime Minister in Kyiv: elections only after security guarantees, talks with the US continue, Lisbon supports Ukraine
During a joint press conference with Prime Minister of Portugal Luis Montenegro, President Volodymyr Zelenskyy outlined his position on the elections, negotiations with the United States, the situation in Odesa and the role of partners in the security and restoration of Ukraine
Zelenskyy: €90bn EU loan gives Ukraine new leverage
The EU's decision to provide financial support strengthens Ukraine's position and thwarts Russia's calculation of its economic weakness
