Tag: Ukraine economy

The price of rebuilding Ukraine goes up each day − but shirking the bill will cost even more

U.S. military assistance is finally on its way to Ukraine after months of being held up in Congress. Reactions to the US$61 billion spending package, signed into law by President Joe Biden on April 24, 2024, have ranged from applause to indignation. While few people could deny it includes ammunition and equipment that Washington’s besieged […]

Ukraine’s economy went from Soviet chaos to oligarch domination to vital global trader of wheat and neon – and now Russian devastation

Ukraine’s economy continues to operate despite the battering the country is getting from the Russian military. Many factories and businesses still function. Other industries like those in information technology have barely missed a beat, with workers continuing to work from areas out of the direct line of fire. But Ukraine has been largely transformed into […]

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