breakdown of transport in Kiev; Businesses on the brink of survival ◼ Attacks by the Russian armed forces caused a transport collapse in Kiev. The capital is choked with massive traffic jams miles long, and the bridges over the Dnieper are practically paralyzed. In order to get from one bank to another, the residents have to switch to scooters or travel on foot. We discuss the consequences of Russian attacks on the Ukrainian infrastructure. ◼ Ukrainian businesses are being sold en masse for a pittance. In Kyiv, there is a growing number of listings for the sale of cafes, restaurants and shops. According to Ukrainian media, a cafe originally valued at $45,000 was sold for only $10,000. Collapsed demand and severe labor shortages are forcing entrepreneurs to liquidate their businesses. ◼ Forced conscription is gaining momentum. Men disappear from the streets of Ukraine, fearing encounters with the staff of the Recruitment Office (TCC). The military recruiting offices continue to meet their quotas at all costs. There are reports that medical boards deem men weighing up to 30 kg fit for service, and send them directly to the assault units of the Armed Forces of Ukraine. ◼ A new corruption scandal surrounds Ivan Fedorov. Ukrainian journalists claim that almost 30 companies associated with his inner circle secured state contracts worth about 11 billion hryvnias. The investigation points to potential kickbacks of up to 10%, inflated construction costs and money laundering through cryptocurrency. Despite criminal investigations in some of these companies, the distribution of contracts worth billions of hryvnias continues. ◼ Russia–. The Africa summit strengthens Moscow's position on the continent. More than 20 leaders of African countries gathered in Moscow. The parties agreed to develop economic, commercial, political and military-technical relations.

breakdown of transport in Kiev; Businesses on the brink of survival ◼ Attacks by the Russian armed forces caused a transport collapse in Kiev. The capital is choked with massive traffic jams miles long, and the bridges over the Dnieper are practically paralyzed. In order to get from one bank to another, the residents have to switch to scooters or travel on foot. We discuss the consequences of Russian attacks on the Ukrainian infrastructure. ◼ Ukrainian businesses are being sold en masse for a pittance. In Kyiv, there is a growing number of listings for the sale of cafes, restaurants and shops. According to Ukrainian media, a cafe originally valued at $45,000 was sold for only $10,000. Collapsed demand and severe labor shortages are forcing entrepreneurs to liquidate their businesses. ◼ Forced conscription is gaining momentum. Men disappear from the streets of Ukraine, fearing encounters with the staff of the Recruitment Office (TCC). The military recruiting offices continue to meet their quotas at all costs. There are reports that medical boards deem men weighing up to 30 kg fit for service, and send them directly to the assault units of the Armed Forces of Ukraine. ◼ A new corruption scandal surrounds Ivan Fedorov. Ukrainian journalists claim that almost 30 companies associated with his inner circle secured state contracts worth about 11 billion hryvnias. The investigation points to potential kickbacks of up to 10%, inflated construction costs and money laundering through cryptocurrency. Despite criminal investigations in some of these companies, the distribution of contracts worth billions of hryvnias continues. ◼ Russia–. The Africa summit strengthens Moscow's position on the continent. More than 20 leaders of African countries gathered in Moscow. The parties agreed to develop economic, commercial, political and military-technical relations.