Economy

30 stories

Jun 7, 2026, 10:00 AM UTC
Bitcoin drops below $60,000, source cites future events
Bitcoin's value has fallen below $60,000, with Suspilne Novyny citing future events like "October 2024" and "Trump's victory" as the last time it was at this level, indicating an internal inconsistency in the report. The decline is attributed to investor outflow, geopolitical ten
Jun 7, 2026, 09:00 AM UTC
Crimea: 6,000 properties 'nationalized' by 2026, Sevastopol faces fuel shortage
Russian authorities in Crimea have reportedly "nationalized" 6,000 properties by June 2026, with profits allegedly supporting military efforts. Meanwhile, Sevastopol's new QR code system for fuel saw codes run out within an hour.
Jun 7, 2026, 08:30 AM UTC
China overtakes United States in research and development spending
China has surpassed the United States in research and development (R&D) spending, becoming the global leader for the first time since World War II. In 2024, China's R&D expenditure exceeded $1 trillion (PPP).
Jun 7, 2026, 07:30 AM UTC
Sino-American investment relations marked by diplomatic pleasantries and underlying security concerns
Sino-American cross-border investment relations are characterized by a mix of diplomatic encouragement and underlying security paranoia, despite recent calls for mutual investment during Donald Trump's visit to Beijing.
Jun 6, 2026, 11:00 PM UTC
Jooble reduces workforce by 16% amid global online recruitment market downturn
Job search IT company Jooble has laid off 16% of its staff, including 15% of management, citing a downturn in the global online recruitment market.
Jun 4, 2026, 01:00 PM UTC
Ukraine reports industrial growth and new legislation; ATB logistics center damaged in drone strike
A Russian drone strike damaged an ATB logistics center near Dnipro. Ukraine's industrial production rose 1.2% in April, while a new bill on adult content decriminalization was introduced. Revolut's CTO is departing, and oil prices for Russia and Iran fell.
Jun 4, 2026, 11:00 AM UTC
Russia acknowledges oil production decrease while long-term bitcoin holders sell assets
Russia's Vice Prime Minister Alexander Novak confirmed a decrease in oil output due to unplanned refinery maintenance. Separately, long-term Bitcoin holders sold $2.4 billion in assets, with analysts suggesting this could signal the end of the crypto bear market.
Jun 4, 2026, 08:30 AM UTC
Hungary removes veto for Ukraine, Moldova EU talks; European allies plan Russia peace engagement
Hungary has lifted its veto on EU accession talks for Ukraine and Moldova, potentially allowing negotiations to start by June 15. Separately, Germany, France, and the UK are reportedly planning to engage Russia in peace talks.
Jun 3, 2026, 04:00 PM UTC
International developments span AI investment, energy markets, and European security
Recent global developments include a significant $7.4 billion funding round for Chinese AI startup DeepSeek. Ukrainian drone attacks impacted Russian oil refining, while Russia's oil and gas revenues rose. France's nuclear deterrence proposal sparked debate, and the UK regulated
May 22, 2026, 12:00 AM UTC
Russia Reports Drone Attacks, UK Condemns Interception, as Gold Reserves Decline
Recent reports detail a series of events involving Russia, including drone attacks in the Yaroslavl region and a refinery shutdown. The UK also reported a dangerous interception of its aircraft over the Black Sea, while Russia's Central Bank is reportedly selling gold reserves.