Odesa Oblast: News

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Ukraine's economy shrinks as Russia continues bombing businesses

With Russia continuing to wage an unprecedented campaign against Ukrainian businesses, Ukraine’s Economy Ministry has downgraded its forecast for the country’s economic growth this year from 1.3% to 0.5%, as Moscow targets key industries such as steel production, e-commerce, and ports.

Washington will give Ukraine's next ambassador little time to learn

Ukraine has just lost almost a year in Washington that it could not have afforded to lose. Olha Stefanishyna arrived and departed as Ukraine's ambassador to the United States within that year. Her departure came amid renewed scrutiny from Ukrainian anti-corruption authorities over allegations of illicit enrichment and false asset declarations, which she denies. Yet the reputational risk was not unforeseeable. Questions surrounding Stefanishyna and corruption investigations were already part of

About Odesa Oblast

The region in Ukraine’s southwest covers 33,310 square kilometers (12,861 square miles) along Ukraine's Black Sea coast, with a population of approximately 2.4 million and Odesa city as its administrative center. Odesa Oblast borders Moldova to the west, and Romania across the delta of the Danube. Odesa Oblast serves as Ukraine's main maritime trade gateway and has faced repeated Russian missile and drone strikes targeting port infrastructure since the full-scale invasion began in February 2022.

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