In 2021, the Ukrainian economy will grow by 4%. This is stated in the updated IMF forecast.
At the same time, next year growth will slow to 3.4%.
Inflation in Ukraine is expected to increase to 7.9% in 2021 after declining to 2.7% in 2020, and to 6.8% in 2022.
The current account surplus of 4.3% of GDP in 2020 in 2021 will be replaced by a deficit of 2.5% of GDP and its increase to 3.6% of GDP in 2022.
The IMF forecasts a decrease in unemployment in Ukraine from 9% last year to 8.6% this year and 8.4% next year.
At the same time, the IMF predicts that in five years Ukraine’s economy will grow by 4% per year with an average annual inflation of 5% and a current account deficit of 3.8% of GDP.
Note that in 2021 the Ukrainian economy began to fall in January by 2.6-2.8%. At the same time, the Ministry of Economy maintains the forecast for the current year of economic growth of 4.6%.
The blockade of the ports of Greater Odesa has effectively deprived Ukrainian mining and metallurgical companies of the ability to operate normally for export. Ukraine could lose around $500 million in export revenues in the second half of the year alone, Ekonomichna Pravda reports. The iron ore sector has been hit hardest by the port […]
Wheat exports from Russia and Ukraine traditionally reach their highest levels in August, but this year they have virtually come to a halt. Ships have stopped calling at Ukrainian ports in Odesa, which Russia has been targeting with missile strikes. Meanwhile, grain terminals in Novorossiysk have suspended operations due to Ukrainian drone attacks. The Financial […]
Agricultural trade between Ukraine and the European Union increased significantly in January–June 2026. In the first half of the year, total trade reached $8.55 billion, up $847 million, or 11%, compared with the same period last year. The figures were reported by the National Scientific Center “Institute of Agrarian Economics.” The institute noted that the […]
Cryptocurrency exchange Binance provided Russian law enforcement authorities with the personal data of a client whose transfers to support Ukrainian fundraising campaigns were used as evidence in a case involving alleged “terrorist financing.” Reuters reports, citing investigative documents. The case concerns Russian IT specialist Yuri Belenky, who was detained in September 2025. Russia’s Investigative Committee […]
U.S. energy company Chevron has discovered oil and gas condensate in an exploration well in Block 0 offshore Angola. The company plans to assess whether existing infrastructure can be used for future production, Reuters reports. The exploration well in the Lower Congo Basin encountered a hydrocarbon column more than 600 meters thick in the Pinda […]
Cryptocurrency exchange Binance will stop processing transactions with a number of crypto platforms targeted by the European Union’s latest package of sanctions against Russia. The company said in a statement. Binance may also impose restrictions on associated cryptocurrency wallets. “Due to recent changes in legislation, Binance will no longer process transactions involving certain crypto-asset service […]
Chinese autonomous driving developer Pony.ai and ride-hailing service Uber have signed a new agreement under which thousands of fully autonomous robotaxis are expected to hit European roads, Carscoops reports. For Pony.ai, the partnership provides a ready-made global platform for entering new markets, while Uber gains access to the Chinese developer’s autonomous driving technology. Pony.ai is […]
U.S. technology company Nvidia holds a stake in Elon Musk’s SpaceX worth approximately $21 billion, CNBC reports. The company owns a total of 122.8 million SpaceX shares as a result of its $10 billion investment in AI startup xAI in January this year, when xAI was still a separate business before its merger with SpaceX. […]
The resumption of the number of tourists in New York is possible after the vaccination process begins in 2021, said the head of the New York Department of Tourism Fred Dixon. This was reported by CNN with reference to the forecast of the New York Department of Tourism. “Given the uncertainty of the prospects for […]
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The amount of investment in Ukrainian technology companies amounted to $ 571 million in 2020 Most of the investment in Ukrainian startups came from global companies that see Ukraine as a country for R&D offices. The report notes that out of the total amount of investments in the seed round, Ukrainian startups received $ 42 […]
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Participating FIS client banks will be able to send and receive large-ticket international corporate payments quickly and securely KYIV – May 15, 2019 – Visa Inc. (NYSE:V) and FIS are joining forces to enable FIS’ commercial financial institution clients to quickly and securely access the Visa B2B Connect platform globally*. Visa B2B Connect will be […]
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U.S. President Donald Trump has threatened to impose a 100% tariff on all Canadian goods in response to a potential trade agreement between Ottawa and Beijing. He made the statement on his social media platform, Truth Social. In his post, the White House leader mentioned Canadian Prime Minister Mark Carney, referring to him as a […]
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The “Milkiland” dairy group with assets in Ukraine, Russia and Poland completed the registration of one Polish and two Panamanian subsidiary trading companies in the first quarter 2016. According to the report of the group on the site of the Warsaw Stock Exchange, in Poland was registered UA TRADE Sp.zo.o., in Panama – Newholm Systems […]
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Warren Buffett’s US company – Berkshire Hathaway intends to invest more than $ 570 million in Snowflake, a cloud technology company. It was reported after Snowflake announced a price range for its future initial public offering. The company wants to get the estimate of $ 23.7 billion, writes the Financial Times. Snowflake said that during […]
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The state owned enterprise Artemsol plans to open logistics centers in Europe, which will give an opportunity to take new markets and increase the volume of sales of products, says the press-service of the enterprise. “We plan to open logistics centers in Ukraine and in Europe. This will solve the problem of deiveries from the […]
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Journalists at the Financial Times have uncovered a network of nearly 50 companies exporting sanctioned Russian oil while concealing its origin. According to the report, Rosneft has been the most meticulous in organizing such schemes. The company came under U.S. sanctions in October 2025. Following their introduction, a previously little-known firm, Redwood Global Supply, became […]
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Shares of SpaceX, owned by Elon Musk, have surpassed Amazon in market capitalization, allowing SpaceX to become the world’s fifth most valuable company for the first time, according to CNBC. SpaceX’s market value has risen for three consecutive trading days and, at the time of publication, was estimated at approximately $2.7 trillion. At its intraday […]
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Panasonic has announced plans to invest $ 150 million in machine learning technology and artificial intelligence systems based on neural networks. The Japanese electronics manufacturer plans to invest part of the funds allocated under the venture fund Conductive Ventures II in promising developers of software and equipment for various industries, incl. autopilot, finance, digital healthcare, […]
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Shares of Nvidia, which rose on 109.7% since the beginning of the year, reached a new high record on Monday, as a result, Nvidia’s capitalization market for the first time exceeded $ 300 billion, it is significantly higher than the estimated market of Intel in $ 210 billion. Wall Street experts said that Nvidia was […]
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More than the half of the American companies plan to reduce their office space because of the remote work will become a common option even after the end of the COVID-19 pandemic. This was reported by the Bloomberg, citing to the study by Cisco Systems. Agency interviewed 1,569 business leaders, employees of companies responsible for […]
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The German authorities have chosen 62 large hydrogen projects that will receive state funding of 8 billion euros under the European Union’s IPCEI program (important projects of common European interest). The Ministry of Economy and Energy of Germany announced this the day before with reference to the head of the department Peter Altmeier. “We want […]
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Ant Financial company within the framework of a public company Alibaba (China), announced about the final stage of the USA financial company asset acquisition procedures MoneyGram International, specializing in international trade transactions online, as reported Inventure. The Chinese side intends to complete the transaction in the third or fourth quarters of 2017, after the approval […]
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Natural gas reserves in Ukraine’s underground gas storage facilities (UGS) have exceeded 9 bcm. The storages are 29.2% full. This is evidenced by ExPro data. Compared to last year, the storage facilities store 13.9% or 1.45 bcm less gas. It is noted that this year’s reserves remain the lowest in at least the last 12 […]
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Holding LVMH Moet Hennessy-Louis Vuitton (LVMH) reported that on Monday, September 28, filed a counterclaim against Tiffany in a Delaware court over a failed merger agreement between the two companies. The French holding and the American jewelry house agreed to merge in November 2019. The parties signed the agreement under which LVMH had to pay […]
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