Economy
Ukrainian President Volodymyr Zelensky is urging the United States to provide Kyiv with at least 5% of its stockpile of Patriot interceptor missiles, as Ukraine struggles to defend its cities against increasingly frequent Russian ballistic missile attacks. In an interview published Thursday, Zelensky......
Serbia and Ukraine have pledged to deepen economic cooperation as Ukrainian President Volodymyr Zelenskiy made his first visit to Belgrade since taking office in 2019, with both sides aiming to advance trade and cooperation despite Serbia's longstanding relationship with Russia. Serbian President......
The International Atomic Energy Agency (IAEA) has described as “unacceptable” the reported death of an engineer working at Ukraine’s Zaporizhzhia nuclear power plant, warning that the incident represents a serious threat to nuclear safety amid the ongoing war. IAEA Director General......
A proposal to significantly increase rail freight tariffs in Ukraine has sparked concerns among industrial leaders, who warn that the measure could further weaken the country's steel sector and threaten thousands of jobs during an already difficult economic period. Ukraine's state railway operator,......
Gold prices have retreated sharply from recent highs, with spot and futures contracts trading around $4,365 per ounce in early June 2026. The metal previously reached a record above $5,400 in January before entering a sustained correction phase that has now lasted three months. The decline has been driven......
The European Bank for Reconstruction and Development has lowered its growth forecast for the economies in its coverage area for 2026. The institution now expects aggregate expansion of 3.1 percent, a decline of 0.5 percentage points compared with its February projection. The revision reflects the economic......
Russia plans to produce between 480 and 500 tonnes of gold in 2026, according to official projections from the country’s natural resources authorities. Estimates for 2025 place output at 480 to 485 tonnes. If confirmed, these figures would position Russia as the world’s largest gold producer,......
The European Central Bank has warned that a potential war involving Iran could have a disproportionately strong impact on consumers in the eurozone, with effects described by researchers as a “double scar” on households already sensitive to price changes. The assessment is based on new internal......
The European Union is preparing to release approximately €3.2 billion in financial assistance to Ukraine around mid-June, marking the first disbursement under a larger support package designed to stabilize the country’s public finances amid the ongoing war. European Commissioner for Economy......
Russia’s fiscal position has deteriorated sharply in early 2026, forcing the government to introduce emergency measures as revenues fall and spending rises. The federal budget deficit reached 4.6 trillion rubles, or about 58.8 billion dollars, in the first quarter alone, already exceeding the full......
Fatih Birol said the conflict involving Iran and a coalition led by the United States and Israel has created the most severe global energy crisis on record, surpassing both the oil shocks of the 1970s and disruptions linked to the war in Ukraine. Speaking publicly on Tuesday, he said the combined impact......
Ukrainian President Volodymyr Zelensky has sharply criticized the easing of sanctions on Russian oil, arguing that such measures risk indirectly funding Moscow’s military operations in Ukraine. In recent statements, Zelensky warned that revenues generated from oil exports could be redirected toward......
European defense stocks dropped sharply on Friday after Ukraine’s chief negotiator signaled progress toward a potential peace deal with Russia, prompting investors to shift toward construction and materials companies expected to benefit from postwar rebuilding. Kyrylo Budanov said in an interview......
