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Chart of the week: Lending boom suggests war is new normal for Ukrainians

Ukrainians continued a borrowing spree in 2025, suggesting that households and companies are settling into a new normal as the country approaches the fifth year of Russia's full-scale invasion. While new loans plummeted in the first few years of the full-scale invasion, borrowing started to pick up in 2024. By last year, the total value of loans taken out by Ukrainian households and companies was 50% and 27% higher than in 2023, respectively, according to data from Ukrainian think tank Center f

Lending in Ukraine is booming.

Czech-led ammunition initiative for Ukraine will continue, Babis says

"I have decided, even after consulting with coalition partners, that we will not disrupt the ammunition initiative. The project will continue, and the Czech Republic will be in the role of coordinator," Czech Prime Minister Andrej Babis said on Jan. 6.

'Embarrassing' — We asked 3 experts why Venezuela's Russian-supplied air defenses were AWOL

Of all the images that emerged from the U.S. military operation to capture Venezuelan leader Nicolas Maduro on Jan. 3, one of the most surreal was the sight of a fleet of American helicopters flying unchallenged over the skies of Caracas. Video from Caracas, Venezuela shows U.S. military helicopters, including CH-47 Chinook and V-22 Osprey aircraft, operating over Caracas alongside multiple explosions. The cause and context of the blasts remain unconfirmed. pic.twitter.com/owOx9X7DPP — George

A fire burns at Fuerte Tiuna, after a series of explosions in Caracas, Venezuela, on Jan. 3, 2026.
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