Over 50% of Ukraine's state budget spent on defense, boosting capabilities six-fold. 1.2 million drones procured, with $41.7B international aid secured.
Ukrainian Prime Minister Denys Shmyhal announced that over half of the country’s state budget in the past year was allocated to defense.
“More than 50% of state budget expenditures this year were dedicated to defense—every single hryvnia collected domestically,” Shmyhal stated during a government meeting, excerpts of which he shared on Telegram.
He highlighted that increased investments by the state and private sector have boosted Ukraine’s defense industry capabilities six-fold. Currently, more than 800 state-owned and private companies are involved in the defense sector.
Shmyhal also revealed that over 1,000 types of weapons and equipment have been approved for use, with half of these being produced domestically.
Regarding drones, he noted that over 96% of production in the sector is domestic, and the Army of Drones initiative has successfully procured more than 1.2 million drones.
On the topic of financial stability, Shmyhal emphasized that all priority expenditures are fully funded, with Ukraine securing $41.7 billion in international aid from its partners.
Wall Street climbed sharply on Monday, with Nvidia up 5.8% and Palantir 8.8%, as AI stocks rebound and progress in Congress raises hopes of ending the...
Number of reported hate crimes has risen steadily each year since around 2020, according to Police University College. Finland has seen a record numbe...
Ukraine's anti-corruption bureau is investigating a massive $100 million kickback scheme linked to the state nuclear power company Energoatom. The sca...
Visa and Mastercard announce a $38 billion settlement with merchants over high swipe fees, including fee reductions, surcharges options, and eight-yea...
U.S. President Donald Trump ordered air traffic controllers back to work amid record flight cancellations and delays during the 41-day federal governm...
Ukraine's anti-corruption bureau is investigating a massive $100 million kickback scheme linked to the state nuclear power company Energoatom. The scandal comes amid ongoing Russian bombardment of Ukraine's power infrastructure and rising political tensions at home.
Ukraine’s Energy Minister Svitlana Hrynchuk has pledged transparency in the ongoing corruption investigation into the country’s energy sector, assuring international partners that the probe into the $100 million kickback scheme will be objective and within the law.
Russian forces destroyed four Ukrainian drone boats near the Black Sea port of Tuapse, the local task force said on Monday.
Russia said its forces have captured the village of Rybne in Ukraine’s southeastern Zaporizhzhia region, though Kyiv has not confirmed the claim. Ukraine’s military says it repelled multiple Russian assaults nearby amid ongoing heavy fighting.
Billionaire Jeff Bezos’s Blue Origin has launched NASA’s twin ESCAPADE satellites to Mars on Sunday, marking the second flight of its New Glenn rocket, a mission seen as a crucial test of the company’s reusability ambitions and a fresh challenge to Elon Musk’s SpaceX.
Elon Musk’s bold vision for the future of technology doesn’t stop at reshaping space exploration or electric cars. The Neuralink brain-chip technology he introduced in 2020 could mark the end of smartphones as we know them, and his recent statements amplify this futuristic idea.
Two trains crashed in Slovakia on Sunday evening after one ran into the back of the other, injuring dozens of passengers, police and the country's interior minister said.
Real Madrid, top of LaLiga, is determined to bounce back from their midweek Champions League loss against Liverpool as they face local rivals Rayo Vallecano. Coach Xabi Alonso insists the team is focused on finishing strong before the international break.
China has announced exemptions to its export controls on Nexperia chips intended for civilian use, the commerce ministry said on Sunday, a move aimed at easing supply shortages affecting carmakers and automotive suppliers.
The UN said Monday that Israeli restrictions continue to block the flow of humanitarian aid into the Gaza Strip, a month after the ceasefire took effect.
TRNC President Tufan Erhurman will visit Türkiye on November 13, 2025, his first trip abroad since taking office, to discuss Türkiye-TRNC relations and the Cyprus issue. Thursday talks to focus on Cyprus issue, bilateral relations in all aspects, says Türkiye’s communications director.
Number of reported hate crimes has risen steadily each year since around 2020, according to Police University College. Finland has seen a record number of hate crimes so far in 2025, with nearly 70% of the crime reports filed motivated by the victims' ethnic or national background.
Ukraine's anti-corruption bureau is investigating a massive $100 million kickback scheme linked to the state nuclear power company Energoatom. The scandal comes amid ongoing Russian bombardment of Ukraine's power infrastructure and rising political tensions at home.
U.S. President Donald Trump ordered air traffic controllers back to work amid record flight cancellations and delays during the 41-day federal government shutdown, warning penalties for absences and promising rewards for those who stayed on duty.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment