Finance

Israel announces defense export record: $15 billion in 2024

Israel announces defense export record: $15 billion in 2024

JERUSALEM — Israel’s defense export reached $14.79 billion in 2024, setting a new record at a 13% increase over the previous year, Israel’s Ministry of Defense announced on Wednesday.

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Ukraine Aims to Secure $1 Billion from World Bank to Strengthen Economic Policy

According to the Ministry of Finance, the funds are expected to be provided by the International Bank for Reconstruction and Development (IBRD) in 2025.

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Sumykhimprom Put Up for Sale with Starting Price of UAH 1.15 Billion

According to the State Property Fund of Ukraine (SPFU), the privatization asset includes 64 units of real estate and infrastructure—comprising production, warehouse, and administrative buildings—with a total area of 462,256.70 square meters.

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Trump names nominees to take over Middle East, Africa commands

Trump names nominees to take over Middle East, Africa commands

President Donald Trump is nominating Vice Adm. Brad Cooper to take over as the top U.S. military commander in the Middle East, the Pentagon said Wednesday. If he is confirmed, it would mark just the second time that a Navy admiral has held the job.

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Ukraine ‘well prepared’ for Russian response to drone stunt: Pistorius

Ukraine ‘well prepared’ for Russian response to drone stunt: Pistorius

COLOGNE, Germany — Ukrainian forces are “well prepared” for a Russian response to Sunday’s drone attacks against long-range bombers parked on air bases across Russia, according to German Defense Minister Boris Pistorius.

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Historic Kosmos Cinema in Zhytomyr Sold for UAH 25 Million

On June 3, the first auction for the sale of the Kosmos cinema building, located at 5 Polyova Square in Zhytomyr, took place.

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Ukrainian Bank Consortium Provides UAH 3 Billion Loan to DTEK for Energy Storage Facilities

DTEK announced that the nearly UAH 3 billion (€67 million) loan will be used to develop one of the largest energy storage projects in Eastern Europe.

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TAS Group, Led by Serhiy Tihipko, to Boost Investments from $140M to $180M in 2025

During the Forbes Money forum, Serhiy Tihipko, Chairman of TAS Group, stated that the key investment criteria for the group are company cash flow, export potential, and return on invested capital.

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Putin challenger submits 105,000 signatures backing his election campaign

Putin challenger submits 105,000 signatures backing his election campaign

Presidential hopeful Boris Nadezhdin should, in theory, be permitted on the ballot in March.

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France's Macron: 'Whatever America decides,' Europe must back Ukraine

France's Macron: 'Whatever America decides,' Europe must back Ukraine

"We must be ready to act to defend and support Ukraine whatever it takes," the French president said.

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There are more Russian spies in EU Parliament, Latvian lawmakers say

There are more Russian spies in EU Parliament, Latvian lawmakers say

“We are convinced that Ždanoka is not an isolated case,” three MEPs wrote in letter about espionage obtained by Brussels Playbook.

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Europe's true beliefs on Ukraine are put to the test

Europe's true beliefs on Ukraine are put to the test

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Opinion | This Is the World If Ukraine Loses

Opinion | This Is the World If Ukraine Loses

Many Ukrainians will fight. Westerners learned on Feb. 24, 2022, that Ukrainians will risk their lives to remain free. Hundreds of thousands of battle-hardened women and men will be ready to take up a guerilla fight. They are inventive, with many highly educated engineers, inventors, IT specialists. If Russia counters with ever more brutal repression, this will trigger ever more severe guerilla fighting and more refugees.

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Zelenskyy asks Congress for more air defenses as Ukraine aid dwindles

Zelenskyy asks Congress for more air defenses as Ukraine aid dwindles

WASHINGTON ― Ukrainian President Volodymyr Zelenskyy made a last-minute visit to Washington on Tuesday to make the case for additional air defense support.

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Drones, jammers in Ukraine signal new era of warfare, Del Toro says

Drones, jammers in Ukraine signal new era of warfare, Del Toro says

NATIONAL HARBOR, Md. – Russia’s invasion of Ukraine, now nearing the end of its second year, has ushered in a “new era of war” in which drones and electronic warfare are having outsize impacts, the secretary of the U.S. Navy said.

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US envoy sees European security org as key to peace on continent

US envoy sees European security org as key to peace on continent

STUTTGART, Germany — European nations will need a “new security architecture” on their continent once the war in Ukraine ends, and the Organization for Security and Co-operation in Europe should help lead the way, the U.S. envoy to the group said.

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US manufacturers eye Javelin anti-tank missile production in Poland

US manufacturers eye Javelin anti-tank missile production in Poland

WARSAW, Poland — Poland’s state-run defense group PGZ has signed a memorandum of understanding with the Javelin Joint Venture (JJV), a partnership between Lockheed Martin and RTX, formerly known as Raytheon Technologies, to jointly produce Javelin anti-tank weapons.

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Is the Biden administration’s Ukraine policy sustainable?

Is the Biden administration’s Ukraine policy sustainable?

On Aug. 24, Ukrainian President Volodymyr Zelenskyy delivered an inspirational speech in Kyiv’s St. Sophia Square to mark Ukraine’s Independence Day. His message was familiar to anyone who has heard or read a Zelenskyy speech since he became a wartime president. “We are fighting the enemy,” he told the crowd. “And we know what we are capable of. We are capable of winning! And we will prevail!”

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Ukrainian pilots will learn to fly F-16s at US Air Force’s 162nd Wing

Ukrainian pilots will learn to fly F-16s at US Air Force’s 162nd Wing

WASHINGTON — The U.S. will begin training Ukrainian F-16 pilots within two months, Pentagon Press Secretary Brig. Gen. Pat Ryder said in a briefing Thursday.

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As Russia moves arms on civilian ships, Ukraine’s backers must respond

As Russia moves arms on civilian ships, Ukraine’s backers must respond

Russia has accused Ukraine of attacking civilian shipping, and indeed Ukraine has conducted four or more attacks on Russian ships since the beginning of August. At least one of the ships in question were being used to transport military equipment, rendering it a legal and potentially valuable target despite being a civilian-flagged vessel.

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