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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

About Crimea

Russia invaded Ukraine's Crimean Peninsula in February 2014 amid the deadliest days of the EuroMaidan Revolution. Around 30,000 Russian troops crossed into Crimea, taking hold of the peninsula by early March 2014. Russia has continued to occupy Crimea ever since. Crimea covers an area of around 27,000 square kilometers (10,400 square miles), roughly the same size as the U.S. state of Massachusetts.

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