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Ukrainian Business Resilience in 10 stories

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As leaders attend Ukraine Recovery Conference, rebuilding is distant dream for Ukrainians who need it most
Business

As leaders attend Ukraine Recovery Conference, rebuilding is distant dream for Ukrainians who need it most

by Luca Léry Moffat

From her window, Elena Demchenko can see the school where she taught for 17 years. Nearly three years have passed since Izium was liberated from Russian occupation, yet the building still lies in ruins. "People still live with damaged roofs, windows, and doors — there are so many old ladies that live alone in their apartments, earn a $50 monthly pension, and have no idea what to do," according to Demchenko, who lived through Russian occupation.   When Ukrainian forces retook Izium in September

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Ukraine secures $200 million from World Bank for reconstruction projects

The World Bank will provide $200 million over the next five years to prepare Ukrainian projects for large-scale reconstruction, the Economy Ministry announced on July 11. The funding will be available under the five-year PREPARE program with the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).

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China's state TV broadcaster has revealed details of a new "graphite bomb" that can cause a "complete loss of electricity" across an area of 10,000 square meters, or knock out entire power stations, the South China Morning Post reported on June 29. An animated video released by China's CCTV showed a missile being launched from a ground-based launcher and then flying to a target where it releases 90 small submunitions. They then bounce on the ground before exploding amid a mock-up of an electri

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