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Petro Poroshenko

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On Borrowed Time: Ukraine's Economy in the War's Fifth Winter – KI Insights monthly briefing

Ukraine is heading into 2027 with a rising fiscal gap. Growth forecasts have been cut, inflation is rising, and the need for external financing seems to just keep going up. The economy is being squeezed by a labor market drained by mobilization and emigration, energy infrastructure has been decimated, and the IMF is pressing to increase revenues. How these pressures are managed over the coming months will shape not only Ukraine's fiscal stability but also its ability to keep financing the war.

Inside the institution where Ukraine races to counter Russia's evolving drones

In a government office, researchers of drones and electronic warfare gather around a small metal device recovered from a Russian Geran drone. Its purpose —  to measure the Earth’s magnetic field for navigation. "This is the most recent component we found, about a week or two ago," said one of the researchers. Outside, a Russian drone’s jet engine roared — a sound that has become almost constant in Kyiv in recent months as advances in drone technology allow Russia to strike farther, more often

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