Russia-Ukraine War

Launchers of the Bundeswehr’s Patriot air defense system stand in Poland, on April 3, 2023.
War

Ukraine needs billions in US arms as Greenland dispute pushes alliance to breaking point, documents reveal

by Luca Léry Moffat

Ukraine needs at least $27 billion in military equipment from non-European Union sources in 2026, highlighting the bloc's dependence on American technology to support Kyiv, negotiating documents show. The EU is set to spend 60 billion euros ($70 billion) on Ukraine's defense as part of a larger 90-billion-euro support package agreed in December, an unprecedented sum that European leaders hope will reboot its military industrial base and support the Ukrainian military’s continued operation durin

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Rethinking Ukraine's economy

What kind of an economy does Ukraine have? This question is not of abstract interest. International financial institutions, supporting governments, private investors — anyone with an economic interest in Ukraine needs to know what they have a stake in. Without having a realistic macroeconomic framework, it's hard to make sense of various economic indicators — like real gross domestic product (GDP) growth, inflation, investment, money demand, imports, exports, and capital flows — they remain is

Trains and freight wagons stand on railway tracks at Lviv Railway Station in Lviv, Ukraine, on Jan. 18, 2022.

Ukraine war latest live: Denmark, Sweden to help Kyiv 'develop an air defense battalion'

This is Chris York reporting from Kyiv on day 1,441 of Russia's full-scale invasion of Ukraine. Today's top story so far: Denmark and Sweden announced on Feb. 3 they will procure and supply Ukraine with additional air defense systems in the face of Russia's devastating winter bombing campaign. Speaking jointly at a press conference, the countries' defense ministers said the military aid supplied will total $290 million and be spent on Tridon air defense systems developed by BAE Systems Bofors

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