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UPCOMING WEBINAR - TURKEY: FUNDAMENTAL CHANGE OR BUSINESS AS USUAL?...

26th day of war: economy seriously damaged but MinFin commits to continue debt servicing
UKRAINE · In Brief · 21 Mar 2022

Since no big movements at the front are observed, except for continued desperate attempts of Russians to overtake Mariupol, we have an opportunity to pay more attention to economic developments in Ukraine over the recent weeks. Military actions run at the territories that used to produce 60% of U...

The 22nd day of war: monstrous war crimes of Russians flush down negotiation efforts
UKRAINE · In Brief · 17 Mar 2022

Russians are facing defeat on all directions. Ukrainian forces are cautiously but persistently running tactical counterattack operations. A big group of Russian forces was encircled near Kyiv (Irpin-Bucha) and destroyed. Another large group of Russian military was encircled and eliminated near Vo...

The 19th day of war: humanitarian convoys and tactical counterattacks
UKRAINE · In Brief · 14 Mar 2022

All of us are involved in humanitarian convoys these days. Some are hosting displaced people, some are helping with humanitarian supplies, some are arranging logistics for civilians locked in the actions area. Hundreds of thousands of people are moving to the West, away from Russian bombs.Reports...

The 14th day of war: “green corridor” for civilians amid counterattack prospects
UKRAINE · In Brief · 09 Mar 2022

“Russian army is not strong, it’s just long” – it’s a popular joke in nowadays perfectly depicting what is going on at the frontline. Every time Russians approach positions of Ukrainian forces – they are destroyed and then Ukrainian soldiers sit patiently awaiting new portions of Russians coming....

The 12th day of war: terror-Russia
UKRAINE · In Brief · 07 Mar 2022

There were no big changes at the front from March 3rd. The Russians’ offensive was stopped, no big city surrendered or even was encircled. The largest progress was reached in the South, with Russian forces overriding several towns; however, the occupants cannot control the territory and they stay...

The eighth day of war: bombardment of civilians and difficult stance at the South
UKRAINE · In Brief · 03 Mar 2022

No big changes at the front. Belorussians do not move. Ukrainian army cleans the remains of Russians around Kyiv. Difficult situation at the South with several towns surrounded and blocked by Russian forces. Russians intentionally bombard residential areas of the towns with artillery targeting mo...

The seventh day of war: the offensive has exhausted
UKRAINE · In Brief · 02 Mar 2022

Over the last day there were no big changes from the North. Belorussian army did not move to Lviv and situation around Kyiv has stabilized after all big military groups of invaders have been destroyed. The main trouble for now are roaming remains of Russian army near Kyiv which are trying to get ...

The sixth day of war: Russians target more civilian deaths
UKRAINE · In Brief · 01 Mar 2022

We have no big changes at the front. Ukrainian army destroyed several more groups of Russian forces which targeted to take Kyiv into circle. Also Ukraine received 70 fight airjets from the EU countries to cover the sky and the jets promptly joined actions already yesterday. A big change that we o...

The fifth day of war: the front has stabilized
UKRAINE · In Brief · 28 Feb 2022

The expected offensive of Belorussian army so far did not come to reality. Ukrainian army destroyed two more big groups of Russian forces that tried to take Kyiv into circle. But overall it looks like the fights have eased by now and the front has stabilized. If Russians do not bring more fresh b...

Fourth day of war: Kyiv mincer
UKRAINE · In Brief · 27 Feb 2022

Russians throw more and more battalions on well prepared positions of Ukrainian army near Kyiv. Dozens of videos witnessing huge losses of Russian forces. This one was recorded today in Bucha, the suburb of Kyiv. For the last night heavy shelling of Kyiv was expected but the night was relatively ...

Third day of war: Putin’s offensive was stopped
UKRAINE · In Brief · 26 Feb 2022 · 3 responses

We were unable to give any reports on the developments around Russian’s offensive since we were pretty busy bringing our beloved people out of the action area. Now we are in relatively safe place if any place could be safe on these days in Ukraine. I plan to give some personal observations based ...

The IMF starts second review on Ukraine
UKRAINE · In Brief · 23 Feb 2022

The IMF starts an online mission for the second review of the current program, according to the Ukraine’s representative at the IMF. One of the most trouble-making point is the still delayed appointment of the head the Specialized Anti-Corruption Prosecutor's Office (SAPO). Recall, the competitio...

Russia recognizes occupied territories: the play comes to the end
UKRAINE · In Brief · 22 Feb 2022

Everything develops in line with the scenario we described here. Russia recognized occupied territories of Donbas and Luhansk as independent states and deployed ‘peacekeepers’ in those territories. We see this development as a face-saving withdrawal for Kremlin. Moscow has been raising stakes thu...

Culmination of the Kremlin’s staging
UKRAINE · In Brief · 19 Feb 2022

We are approaching the culmination of the staging with Russian troops’ deployment. Russians have started evacuating civilians from occupied territories of Donbass but ordered all men of military age to stay in place. Also Russians are bringing heavy armor closer to the frontlines in Donbas. These...

Beyond the Russian threat, monetary tapering looms
UKRAINE · Report · 18 Feb 2022

The threat of a Russian invasion has dominated the headlines for several months now. Ukraine still sees Russia deploying more troops and combat support elements on its border as a big bargaining game, and Ukrainian officials do not expect Russia to undertake serious military action. However, the ...