KYIV, Feb 25 - Ukraine and the U.S. have reached an agreement on a framework for a broad economic deal that would include access to Ukraine’s rare earth minerals, three senior Ukrainian officials said Tuesday.
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KYIV, Feb 25 - The total cost of recovery in Ukraine as of December 31, 2024, is $486 billion over the next decade, which is approximately 2.8 times higher than Ukraine's projected nominal GDP for 2024, according to the updated Ukraine Recovery and Reconstruction Needs (RDNA4) released by the Ukrainian government, the World Bank Group, the European Commission and the UN on Tuesday.
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KYIV, Feb 25 - Of the 10 GW of power generation capacity lost due to Russian military actions since the beginning of the invasion, Ukraine managed to restore approximately half, which was facilitated by the Ukraine Energy Support Fund, Energy Minister Herman Haluschenko said.
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KYIV, Feb 25 – ArcelorMittal Kryvyi Rih (AMKR), a major mining and metallurgical enterprise in Ukraine's Dnipropetrovsk region, had to rebuild its limestone mining facility, ArcelorMittal Beryslav, in Kherson region from scratch after the area was liberated from Russian occupation in 2022.
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KYIV, Feb 25 – Naftogaz Group will receive a grant from Norway for the purchase of gas through the European Bank for Reconstruction and Development (EBRD), the company said on its website on Tuesday.
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KYIV, Feb 25 – JSC Ukrtransgaz plans to allocate UAH 1.091 billion of its own funds for the development of underground gas storage (UGS) facilities in 2025, according to the 2025-2034 UGS Development Plan, approved by the National Energy and Utilities Regulatory Commission of Ukraine (NEURC) on Tuesday.
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KYIV, Feb 24 – Ukraine on Monday marked the bleakest anniversary yet of its war against the Russia invasion, with the country’s forces under severe pressure on the battlefield and U.S. President Donald Trump’s administration apparently embracing the Kremlin in a reversal of American policy.
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KYIV, Feb 24 – U.S. Chargé d’Affaires ad interim to the UN Dorothy Camille Shea stated the impossibility of supporting the Ukrainian resolution on de-escalation of the situation in Ukraine, citing the need for the earliest possible establishment of peace between Ukraine and Russia.
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KYIV, Feb 24 – A peace agreement in Ukraine must respect Ukraine's borders and right to self-determination, and Europe must urgently step up efforts to ensure its own security, says a joint statement by the foreign ministers of eight Nordic countries (N8): Sweden, Denmark, Estonia, Finland, Iceland, Latvia, Lithuania and Norway.
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KYIV, Feb 24 – Norway will allocate EUR 3.5 billion in military aid to Ukraine in 2025, EUR 1 billion for humanitarian support, EUR 300 million for energy, and another EUR 300 million for industrial development, said Norwegian Prime Minister Jonas Gahr Støre.
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