Ukraine Financial News

Ukraine released images on Friday of what it said was a Russian Kinzhal ballistic missile, which it claimed earlier in the week to have downed using the US Patriot anti-aircraft system. Ukraine's state emergency service published photographs on its Telegram channel showing a crane extracting the remains of a missile from the ground. «In Kyiv, engineers neutralised the warhead of an enemy Kinzhal aerial hypersonic missile,» the government department said. AFP was not able to immediately verify the claim. Ukraine said on Tuesday it had shot down ten Kinzhal missiles Russia fired at the country, during a wave of massive strikes on Ukrainian towns which left six people dead. Kinzhal missiles make up part of an arsenal of weapons that Putin has claimed were indestructible because of the speed at which they travel, up to ten times the speed of sound. According to the British defence ministry, Moscow reserves these warheads for what it considers to be «high-value and well-defended» targets. Kyiv has repeatedly said the Patriot air defence system is vital to defending the country from Russia. Kyiv has urged for more Western military support, worrying about war fatigue in some countries as the conflict drags on for almost two years.

Russia plans to produce more than 32,000 drones each year by 2030 and for domestic producers to account for 70% of the market, the TASS news agency cited First Deputy Prime Minister Andrei Belousov as saying on Saturday. Drones have been widely used by Moscow and Kyiv since Russia's February 2022 invasion of Ukraine and both sides are sharply increasing military production as the war drags on. «The annual production volume of unmanned aerial vehicles (UAVs) — excluding educational UAVs — is planned at 32,500 units,» Belousov told TASS.

Red Sea have thrown global shippers of vital goods for a loop — but it is hardly the only issue that big carriers are facing as 2024 kicks off. Giants like Maersk say the industry, which handles 90% of global trade, faces the possibility of significant disruptions, from ongoing wars to droughts affecting key routes like the Panama Canal. Complex vessel schedules are likely to be knocked out of sync for giant container ships, fuel tankers and other commodity haulers throughout the year.

The latest instalment of a docuseries exploring the identity of Ukrainian orphan Natalia Grace, whose adoptive parents claimed was actually an adult woman and terrorized their family from 2010 to 2013, has proven her true age but also left audiences with even more unanswered questions about the young woman.The Curious Case of Natalia Grace: Natalia Speaks is the follow-up to the 2023 docuseries that zeroed in on Natalia’s adoptive parents, Kristine and Michael Barnett, who were charged with multiple counts of neglect and accused of abandoning Natalia at a rented Indiana apartment in 2013 and moving to Canada.The Barnetts previously claimed that Natalia was not six years old when they adopted her in 2010, but rather said she was a 20-year-old sociopath who tried to kill them.Natalia, who has a rare form of dwarfism called spondyloepiphyseal dysplasia congenita, has always maintained that she was indeed a child and was mistreated by her adoptive parents.Now, however, Natalia’s claims about her age have been proven.According to People, a DNA blood test, the results of which were revealed in the first episode of the series earlier this week, found that Natalia is approximately 22 years old — suggesting that she was 9 when she was adopted by the Barnetts.“This one little piece of paper throws every single lie that the Barnetts has said right into the trash with a match,” Natalia said in the premiere episode.“This is so big. Because literally, this has been 13 years of just two people lying their butts off.

Global supermarket chain Carrefour will stop selling PepsiCo products in its stores in France, Belgium, Spain and Italy over price increases for popular items like Lay’s potato chips, Quaker Oats, Lipton tea and its namesake soda.

The U.N. Food and Agriculture Organization says global prices for food commodities like grain and vegetable oil fell last year from record highs in 2022

By James Oliphant

Carrefour will stop selling PepsiCo products in it stores in France, Belgium, Spain and Italy over price increases for popular items like Lay's potato chips, Quaker Oats, Lipton tea and its namesake soda. The French grocery chain said it pulled PepsiCo products from shelves in France on Thursday and added small signs in stores that say, «We no longer sell this brand due to unacceptable price increases.» The ban also will extend to Belgium, Spain and Italy, but Carrefour, which has 12,225 stores in more than 30 countries, didn't say when it would take effect in those three countries.

Cost of Living LIVE Updates January 05: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

(Reuters) — U.S. aerospace and defense company RTX said on Thursday industry veteran Phil Jasper will become president of its Raytheon (NYSE:RTN) unit after Wesley Kremer retires at the end of the first quarter.

The European Union has imposed sanctions on the world’s biggest diamond mining company and its chief executive officer as part of what it says is its “unwavering commitment” to Ukraine in the war against Russia

A study shows that carbon dioxide emissions in Germany, Europe’s biggest economy, dropped to their lowest level in seven decades

India-made ammunition reaching Ukraine through Europe in the third quarter of last year. ET has learnt that the matter was raised by Moscow recently.

Billionaire investor Ken Griffin's various hedge fund strategies all posted double-digit returns for 2023, but they failed to beat the S&P 500.

LONDON (Reuters) -BAE Systems said it would restart the production of structures for its M777 lightweight howitzer after it signed an initial deal worth up to $50 million with the U.S. army for the weapon, which has been donated to Ukraine.

(Reuters) — Ukraine's export value fell 18.7% in 2023 compared with 2022, totalling $35.8 billion, the lowest figure recorded in a decade, the country's Economy Minister Yulia Svyrydenko said on Thursday.

man-portable air defence missile system, designed to eliminate hostile aircraft, drones, and helicopters at very short ranges. This development comes as the armed forces are currently inducting a limited number of Russian systems to address operational gaps in the ongoing military standoff with China in eastern Ladakh, a TOI report stated. The indigenous very short-range air defence system (VSHORADS), developed by DRDO to neutralize low-altitude aerial threats within a 6-km range, is expected to undergo user trials by April-May, according to a senior defense official.

By Tom Balmforth

Cost of Living LIVE Updates January 04: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

NEW DELHI : ONGC Videsh will get oil supplies from Venezuela in lieu of dividend worth $600 million for its 40% stake in the San Cristobal field, said Pankaj Jain, secretary, union ministry of petroleum and natural gas. Jain told reporters that OVL is waiting for the final dates to lift the cargo. Mint on Wednesday reported that OVL is in talks with its Venezuelan partner to secure oil cargoes in lieu of unpaid dividends totalling $600 million.

The ongoing war in Ukraine and the fighting in Gaza following Hamas’s 7 October terrorist attack must not distract the world from our collective priorities: reducing our carbon dioxide emissions, aiming for carbon neutrality by 2050, preserving biodiversity, and fighting poverty and inequality. This is the doctrine France is implementing at an international level, through the Paris Pact for People and the Planet and the One Planet summits. The cornerstone of our strategy must be to speed up the ecological transition as well as the fight against poverty.