Ukraine Financial News

Ukraine has hosted an international defense industry conference as part of a government effort to ramp up weapons production within the country to repel Russia’s full-scale invasion

Business sentiment among big Japanese manufacturers improved in July-September for the second straight quarter, according to a central bank survey

Ukraine's parliament and its speaker taunted billionaire Elon Musk on Monday after he posted a meme on his social media platform mocking President Volodymyr Zelenskiy's pleas for wartime assistance from the West. Musk owns SpaceX, which provides Starlink satellite communication services that are vital for Ukraine's defence effort, but his statements have sometimes angered Kyiv since the full-scale invasion launched by Russia in February last year.

MOSCOW (Reuters) — The Kremlin said on Monday it believed a decision by U.S. Congress to pass a stopgap funding bill that omitted aid for Ukraine was a temporary setback for Kyiv, but forecast war fatigue in the West would grow and increasingly split opinion.

Investing.com -- Futures faltered on Monday, paring back some earlier gains, after last-minute negotiations between lawmakers on Capitol Hill over the weekend led to a surprise short-term funding deal that averted a U.S. government shutdown. Elsewhere, UAW workers and Mack Trucks forge an agreement to avoid a strike, while the World Bank cuts its growth forecast for China's economy next year.

Investing.com — U.S. stock futures oscillated around the flatline on Monday, paring back some earlier gains, as investors digested the implications of an eleventh-hour deal to prevent a U.S. government shutdown over the weekend and looked ahead to fresh economic data this week.

By Olena Harmash

en masse from conventional cars to EVs, a huge rise in the cost of gasoline and diesel would be even more powerful than these subsidies. Saudi Arabia and Russia are rational states, not particularly prone to bouts of suicidal anxiety. Why would they constrain production enough to accelerate the dumping of petrofuels for mobility? Four, the Ukraine war, a prime driver of food and fuel inflation, is a war of choice.

The White House has pinned the blame for a possible government shutdown on House Republicans who, until Saturday, had been paralyzed by their inability to pass a funding package

The threat of a federal government shutdown ended late Saturday night after Congress approved a temporary funding bill to keep federal agencies open until Nov. 17

Ukraine has hosted an international defense industry conference as part of a government effort to ramp up weapons production within the country to repel Russia’s full-scale invasion

The apology by Prime Minister Justin Trudeau for a tribute by Parliament to a man who had fought in a Nazi unit is an important healing step — but more needs to be done, Jewish groups say. Namely, declassifying more of the “secret” information contained in the Deschenes Report.

US aid for Ukraine hangs in the balance after a last-gasp deal to avoid a government shutdown, despite President Joe Biden's attempts to reassure Kyiv it will get what it needs to fight Russia. Barely a week after President Volodymyr Zelensky was in Washington appealing for more funds, the compromise struck in Congress late Sunday dropped new funding for Ukraine amid opposition from hardline Republicans. Biden and his Democratic party say America has a duty to help Ukraine stand up to Russian President Vladimir Putin's brutal invasion, warning that a failure to do so could embolden other autocrats in the future. But the issue has become so politicized in Washington that the fate of vital military aid is now in jeopardy, just as Kyiv tries to make progress in its sluggish counteroffensive before winter sets in. Biden urged Republican House Speaker Kevin McCarthy on Sunday to «stop the games» and said he «fully expects» him to secure passage of a separate bill for Ukraine funding soon. «I want to assure our American allies, the American people and the people in Ukraine that you can count on our support.

United States touched record levels in September as it crossed the massive $33 trillion mark. In the past few years, there has been a significant surge in debt levels, particularly following a substantial 50% rise in federal expenditures between 2019 and 2021, as substantiated by information provided by the US Department of the Treasury. Exciting news! Mint is now on WhatsApp Channels.

NEW DELHI : The credibility of the Canadian government’s allegations made regarding India’s involvement in the killing of a pro-Khalistan leader remains poor, said US India Strategic Partnership Forum (USISPF) CEO Mukesh Aghi. Aghi, who was at the UN General Assembly session, said the noise around Canada’s allegations had largely died down. In an interview, he stated that the US has chosen to remain largely silent on the allegations given its sizeable political and economic interests in India.

The United States Senate passed a bipartisan bill on Saturday evening, just three hours before the midnight deadline, to prevent a government shutdown. 

Ukraine say they won't give up after a bill to keep the federal government open excluded President Joe Biden's request to provide more security assistance to the war-torn nation. Still, many lawmakers acknowledge that winning approval for Ukraine assistance in Congress is growing more difficult as the war between Russia and Ukraine grinds on. Republican resistance to the aid has been gaining momentum in the halls of Congress.

Europe ended a weeks-long work stoppage in Germany including a hunger strike after reaching a pay deal at the weekend, labour representatives said. Edwin Atema, head of the Road Transport Due Diligence Foundation, which monitors and addresses violations of work standards in Europe, said Saturday that the striking truckers had seen their demands met. «All claims and charges against the Graefenhausen drivers are withdrawn, money has been paid and the strike is over,» he said on X, formerly known as Twitter, referring to the location in western Germany where some 80 drivers had set up a protest encampment. Atema, who led the negotiations on the labour side, said the drivers had been previously «invisible» in European road transport supply chains but achieved «fundamental changes» with their industrial action. «Not invisible anymore, but invincible,» he said. The truckers — mostly from Uzbekistan and Georgia, with a handful also from Tajikistan, Ukraine and Turkey — work for several Polish trucking companies owned by the Mazur Group. They said they were not being regularly paid their salaries — at a daily rate of about 80 euros ($85) — and were charged hefty amounts to even take the jobs in the first place while having to work extremely long hours. Believing their Polish employers would not respond to their growing desperation amid the 10-week strike, some of the drivers stopped eating last month. They were demanding a total of 500,000 euros in what they said were unpaid wages.

Slovakia's Robert Fico, whose SMER-SSD party won a parliamentary election, said on Sunday he would wait for the country's president's mandate for forming a government, estimating coalition talks could last at least two weeks. Fico, who pledged during the campaign to end military aid to Ukraine, also told a news conference Slovakia has bigger problems than Ukraine and would do everything possible to start peace talks, adding his position was unchanged. With nearly all of the nation's voting districts reporting in the Saturday election, Fico's SMER-SSD party scored nearly 23% of the vote, followed by almost 18% for the Progresivne Slovensko (Progressive Slovakia, PS) party.

military instructors to Ukraine, rowing back from reported comments by his defence minister that he wanted to begin training Ukrainian troops in the country. To date, Britain and its allies have avoided a formal military presence in Ukraine to reduce the risk of a direct conflict with Russia. British defence minister Grant Shapps, who was appointed to the role last month, said in an interview with The Sunday Telegraph newspaper that he wanted to deploy military instructors to Ukraine, in addition to training Ukrainian armed forces in Britain or other Western countries. Hours after that interview was published, Sunak said there were no immediate plans to send British troops to Ukraine. «What the defence secretary was saying was that it might well be possible one day in the future for us to do some of that training in Ukraine,» Sunak told reporters at the start of the governing Conservative Party's annual conference in Manchester. «But that's something for the long term, not the here and now. There are no British soldiers that will be sent to fight in the current conflict.» Former Russian President Dmitry Medvedev on Sunday said any British soldiers training Ukrainian troops in Ukraine would be legitimate targets for Russian forces Britain has provided five-week military training courses to around 20,000 Ukrainians over the past year, and intends to train a similar number going forward. In an interview with the Sunday Telegraph, Shapps said there was scope to offer military training within Ukraine after a discussion on Friday with British military chiefs. «I was talking today about eventually getting the training brought closer and actually into Ukraine as well,» he was quoted as saying.

PTI citing experts. The six-member monetary policy committee (MPC)-headed by RBI governor Skhatikanta Das is scheduled to meet for three days beginning October 4. The RBI will announce the decision on Friday (October 6).