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The European Bank for Reconstruction and Development (EBRD) and global insurance and reinsurance broker Aon have announced the launch of a specialized program aimed at revitalizing the military risk insurance market in Ukraine. As part of this initiative, the EBRD is offering guarantees totaling EUR 110 million.

The EBRD and Aon are launching a military risk insurance program for Ukraine, backed by guarantees of €110 million.

On Thursday, the Board of the National Bank of Ukraine (NBU) raised the key interest rate to 13.5% per annum in response to inflation rising to 11.2% at the end of November, despite most participants expecting the regulator to maintain the rate at 13%.

The NBU raised the key interest rate to 13.5%, defying market expectations that it would remain at 13%.

The Antimonopoly Committee of Ukraine (AMCU) has granted permission to Sergey Tigipko, a shareholder of the TAS Group, for the concentration through the indirect acquisition of 100% of the shares of Idea Bank JSC.

TAS Tigipko has received approval from the Antimonopoly Committee for the acquisition of Idea Bank and is now awaiting the National Bank's approval.

The Board of Directors of the International Monetary Fund (IMF) will discuss the sixth review of the Extended Fund Facility (EFF) program and the allocation of a seventh tranche of approximately $1.1 billion to Ukraine on December 20, according to the meeting schedule posted on the Fund's website.

On December 20, the IMF will evaluate the allocation of $1.1 billion to Ukraine following the sixth review of the EFF program.

A working group established by the parliamentary committee on finance, tax, and customs activities, which includes representatives from the National Bank of Ukraine (NBU) and the International Monetary Fund (IMF), is finalizing the text of the draft law on virtual assets and their taxation for its first reading. According to the committee chair, Daniil Getmantsev, the law could be adopted as early as the first quarter of 2025.

The head of the Rada committee, Hetmantsev, anticipates the adoption of the virtual assets law in the first quarter of 2025.

The "last hope" electricity supplier, GPVD "Ukrinterenergo," has demanded the disconnection of KP "Kharkivvodokanal" from the power supply due to chronic debts, starting December 23. This information was shared by Alexander Golizdra, an expert from the agency "Market.Info," who referenced a letter of demand sent by the supplier to the electricity distribution system operator "Kharkivoblenergo," which he published on his Facebook page.

"Ukrinterenergo" demands to disconnect "Kharkivvodokanal" from electricity due to unpaid debts, according to a letter.

Americans conducted testing of the missile defense system at a strategically important location, the results of which yield at least one practical conclusion.

The recent US missile defense tests in Guam highlight the urgent need for SM-3 interceptors in Ukraine.

The cost of the support package for the F-16s of the Ukrainian Air Force is estimated at $266.4 million.

What’s included in the US service package for Ukrainian F-16s: an explanation of each item.

In Minsk, they believe that Elon Musk should be concerned about their satellite communication complex, "Kulis."

Belarusians claim to have developed their own Starlink called "Kulyza," but it appears they may have just copied ideas from AliExpress.

An additional detail has emerged that emphasizes the truly historic significance of such a strike.

The Taganrog aircraft factory can produce not only the A-50 but also the Tu-142 and Orion strike drones, and it recently experienced an ATACMS strike.

American military officials are reevaluating their ineffective management system, which hinders their primary objective: preparing for war.

In the U.S., there are complaints about excessively bloated staff and overwhelming paperwork for officers.

Even if this development is only registered at the patent level, it deserves attention.

The intriguing DONAR self-propelled artillery system, an evolution of the PzH 2000, can be mounted on the CAESAR chassis, showcasing an innovative development.

The food and agricultural holding MHP, the largest chicken producer in Ukraine, has submitted a binding offer to acquire UVESA Group (UVESA) — a leader in the Spanish food industry specializing in poultry and pork production, as reported by the holding's press service.

MHP will acquire a 50% stake in the Spanish poultry and pork producer UVESA Group.

The Cabinet of Ministers has approved the nominations of Yuri Boyko, Anatoly Guley, and Alexey Nikitin as state representatives on the supervisory board of the Joint Stock Company "National Energy Company 'Ukrenergo'."

The Cabinet has approved the nominations of Boyko, Guley, and Nikitin for the supervisory board of "Ukrenergo" representing the state.

Ukrzaliznytsia (UZ) anticipates that the indexed tariffs will come into effect on February 1, 2025, according to an exclusive interview with the company's Chairman, Oleksandr Pertzovskyi, reported by Interfax-Ukraine.

The UZ expects that indexed rates will come into effect on February 1, 2025, according to Perzovsky.

The transportation aspect of the main cargo shipments by JSC "Ukrzaliznytsia" (UZ) will not change significantly as a result of the tariff indexation.

The transportation aspect of rail freight for key goods will see minimal changes after indexing, according to Pertzovsky.

The volume of Ukrainian cement exports to the Polish market has significantly increased during the full-scale invasion by Russia. However, it still only partially compensates for the exports from Belarus to Poland, accounting for up to 4% of Poland's total production, according to the "Ukrcement" association.

Ukrainian cement has only partially replaced Belarusian exports to Poland, according to "Ukrcement."

Ukrzaliznytsia JSC (UZ) has approved the indexing of freight transportation tariffs. In 2025, the company will continue to collaborate with businesses and the government to explore effective ways to harmonize these tariffs, as stated by UZ Chairman Oleksandr Pertzovskyi in an exclusive interview with Interfax-Ukraine.

In 2025, UZ will collaborate with businesses and the government to explore ways to harmonize freight transportation tariffs.

PJSC "Ukrnafta" is actively engaged in enhancing production operations by collaborating with external contractors. As a result, the output from the treated wells has increased by 4.2 times, leading to an additional production of nearly 13,000 tons of oil and over 6 million cubic meters of gas.

$Ukrnafta extracted an additional 13,000 tons of oil and over 6 million cubic meters of gas using hydraulic fracturing techniques.$

Ukrnafta extracted an additional 13,000 tons of oil and over 6 million cubic meters of gas using hydraulic fracturing techniques.

According to a report by MIT Technology Review, more than 300 rocket stages fall to Earth each year, based on research conducted by American astrophysicist Jonathan McDowell from the Harvard-Smithsonian Center.

A study reveals that the number of used rocket stages falling to Earth has reached 300 annually.

U.S. Treasury Secretary Janet Yellen expressed hope that the G7 countries' decision to provide Ukraine with loans funded by frozen Russian assets will remain in effect after the inauguration of elected President Donald Trump.

Yellen believes that the G7's decision to provide Ukraine with loans using Russian assets will remain in effect under a Trump administration.

It is crucial for Ukraine that trade with Poland remains uninterrupted, ensuring mutual benefits for both countries, stated Vitaly Koval, the Minister of Agrarian Policy and Food, during a meeting with Polish Agriculture Minister Czesław Siekierski, which included representatives from Ukrainian and Polish agricultural associations.

Trade between Ukraine and Poland must remain uninterrupted, according to discussions among agricultural ministers and industry associations.

The Ministry of Economy has projected a 4% increase in Ukraine's gross domestic product (GDP) for the period from January to November 2024 compared to the same timeframe last year, as reported by First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko on her LinkedIn account on Wednesday.

Ukraine's GDP grew by 4% in the first 11 months of 2024, according to the Ministry of Economy.

The conflict in Syria is escalating, raising concerns for the Russians about the integrity of their bases.

Israel struck a base in Tartus, where Russian ships may still be anchored.

The Malaysian Navy incorporated its preferences into the Ada corvette project, which ultimately bypassed proposals from Korea and Italy.

The Ada corvettes chosen by Ukraine will also bolster Malaysia's naval capabilities. How do they differ, and who were the competitors?

Regardless of the quantitative metrics, the delivery of these aircraft will be a significant aid for North Korea.

In exchange for its soldiers, North Korea will receive MiG-29 and Su-27 jets from Russia. The exact number of aircraft involved is yet to be determined.

However, this record was clearly set using a classified guided projectile, as will be discussed later.

Ukrainian artillery units using Krab self-propelled howitzers achieved a remarkable record by hitting targets at a distance of 70 km.

The modified Boeing 757 has been given the name Excalibur, and it will be used to test sensors and other systems for the latest fighter jet under the GCAP program.

To develop the sixth-generation Tempest fighter, a "mutant" based on the Boeing 757 had to be created.