Oryol 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 Oryol Oblast

Oryol Oblast is a federal subject of Russia, approximately 360 kilometers (224 miles) south of Moscow. Oryol Oblast covers 24,700 square kilometers (9,500 square miles) and has a population of around 730,000. Its administrative center is Oryol city. Ukrainian forces have conducted drone strikes on fuel depots and military facilities in Oryol Oblast since Russia's full-scale invasion began in February 2022.

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