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Choi Tae-won, head of SK Group, at a business event, discusses appeal of $666 million payment to ex-wife

Divorce of the Century: SK Group Chairman Appeals $666 Million Payout to Ex-Wife

Economy 08/16/2026, 01:26
🚨 Divorce of the Century: SK Group Chairman Chey Tae-won appeals to the Supreme Court, challenging the ruling to pay his ex-wife $666 million. 💰 The amount was reduced from $1 billion in 2024, but remains a record high. ⚖️ The court ordered payment of 1/3 of the assets, including SK hynix shares. 📉 Chey offered shares, but the ex-wife demanded only cash, threatening business stability. 📈 SK shares have tripled since Chey admitted to the affair. #SKGroup #CheyTaeWon #Divorce #SouthKorea #TechNews
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Cristiano Ronaldo and exclusive Hublot Big Bang Ferrari watches in transparent case, symbolizing status and investment value of luxury brands

The Price of Legend: How an Owner's Name Turns Watches into Multi-Million Dollar Assets

Economy 08/15/2026, 23:27
🔥 Watches for $40 million: why the owner's name is more important than gold and diamonds. Auctions in 2026 confirm: historical value is the main driver of cost. 👉 Paul Newman's watches (2017) — $17.75 million. 👉 Floyd Mayweather's watches — $18 million. 👉 Sylvester Stallone's watches (2024) — $5.4 million. 👉 John Lennon's watches — valued at $40 million! We analyzed the "celebrity effect" phenomenon and contradictions in valuations. Read the longread on XAB.info! ⌚💎
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Barges on the Danube River in Hungary, used for flooding to support the Paks Nuclear Power Plant

Hungary begins sinking barges in the Danube to save the Paks NPP from shutdown

Economy 08/15/2026, 22:25
🇭🇺 Hungary has launched an emergency operation to save the Paks NPP from shutdown due to drought. Authorities have sunk barges in the Danube and are building an underwater barrier to raise the water level. The plant is operating at only 25% capacity. A complete shutdown would cost the economy $159 million per month. Prime Minister Magyar has cast doubt on the Paks II project with Russia. 🇪🇺 The crisis has engulfed all of Europe: Romania and France have also shut down reactors.
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Florist shop owner working on a laptop, calculating losses and tax deductions after property damage

Tax Shield for Business: How to Write Off Property Destroyed by Shelling and Reduce Corporate Income Tax

Economy 08/15/2026, 20:46
💰 Businesses affected by shelling can legally reduce corporate income tax. The STS clarified the rules for writing off destroyed property: small businesses write off according to accounting rules, large businesses according to tax rules. The main thing is to collect documents (SES acts, ERDR). Losses can also be recorded in the «Diia» app for compensation. 🏭📉
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Ursula von der Leyen speaking in front of the EU flag, symbolizing the idea of a '28th regime' for business in Europe

Digital Delaware for Europe: Why Business Dreams of Ursula von der Leyen's '28th Regime' Despite Protests

Economy 08/15/2026, 18:47
🇪🇺 EU '28th Regime': Why business is thrilled, and protesters are silent? In August 2026, the European Commission launches the EU Inc. project — a digital equivalent of the state of Delaware for Europe. 📉 The IMF estimated old barriers as a 110% tax on business. 🚀 Company registration is now 48 hours and 100 euros. 🚫 'Yellow Vests' are not protesting: the reform is voluntary and does not affect ordinary citizens. Why isn't Brussels creating a 'digital concentration camp' but saving the economy? Read the fact-check in our longread. #EUInc #Europe2026 #Business #Digitization #Economy
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Drying of the Rhine River: aerial view of vast sandbanks and a stranded barge, illustrating the critical drop in water levels and threat to navigation

32 Centimeters to Catastrophe: Rhine Drought Paralyzes German Industry and Threatens Energy Grid

Economy 08/15/2026, 18:42
🚨 LOGISTICAL COLLAPSE: Rhine Dried Up to 32 cm! 🇩🇪 📉 German industry paralyzed. Coal for power plants and raw materials for BASF cannot pass through the bottleneck at Kaub. ⛔ Barges sailing at 20% capacity. Freight prices have risen 6-fold. 💸 Economic losses for Germany could reach €5–7 billion. The threat of an energy crisis before winter is real.
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DTek representative speaking at a conference about the record connection of 2,700 green generation objects in 2026

Energy Leap: DTEK Connects a Record 2,700 Green Generation Facilities in the First Half of 2026

Economy 08/15/2026, 18:14
🚀 Energy Breakthrough 2026: DTEK Connects 2,700 Green Generation Facilities in Six Months! 📊 In the first 6 months of 2026, 2,728 solar power plants and 14 industrial units were connected to DTEK networks. ⚡️ Record Paces: The six-month figure surpassed the results of the entire year of 2024. 🌱 Innovations: A hybrid solution (SPP + cogeneration) was commissioned for the first time. 🏭 DTEK Networks CEO Alina Bondarenko: "Every new facility is a step towards decentralized energy."
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Worker in a helmet operates a red valve on yellow gas equipment against a blue sky

Controlled gas export: Ukraine discusses a mechanism to sell up to 15% of production while maintaining state regulation

Economy 08/15/2026, 18:04
🇺🇦 Ukraine is considering the possibility of limited gas exports (up to 15% of production) on the condition that domestic needs are fully covered. Experts emphasize that the decision must be made by the government to control resource flows. 💰 Export revenue could be directed towards restoring infrastructure damaged by shelling. 📉 At the same time, private gas production remains 26% lower than 2021 levels.
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Woman crying from stress over rising water tariffs, man gesturing in argument; foreground shows water from tap and Ukrainian hryvnia bills, symbolizing financial loss

New water tariffs come into effect in Odesa from August 15: a guide to avoiding overpayments

Economy 08/15/2026, 17:20
💧 In Odesa, from August 15, the water tariff has increased to 65.54 UAH/m³. OMVA signed Order No. 339-2026. Residents are warned about the risk of overpayments due to the billing operations of "Infoksvodokanal". 📉 Important: To avoid paying the new tariff for the first half of the month, urgently submit interim meter readings today or tomorrow. 📝 Instructions and details of the changes — in the article.
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Critical low water levels of the Danube River: view of the Paks NPP against exposed sandy banks

Critical Shallowing of the Danube: Paks NPP on the Brink of Shutdown, Hungary Takes Emergency Measures

Economy 08/15/2026, 14:25
🚨 Hungary on the brink of energy collapse: Paks NPP operating at 25% capacity due to drought. PM Orbán organized the sinking of barges and construction of underwater dams to raise the Danube level. A complete shutdown of the plant will cost the country $159 million per month. Romania has already shut down its Cernavodă NPP for the same reason. ⚡️📉 #Hungary #NuclearPower #Energy #Drought
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Person trying to pay by card through a terminal, but the system is not working — illustration for news about the collapse of cashless payments in PrivatBank across Ukraine

Technical Collapse: Cashless Payments Paralyzed Across Ukraine in PrivatBank

Economy 08/15/2026, 13:03
🚨 A major outage occurred at PrivatBank in Ukraine. On the morning of August 15, 2026, payment terminals are not working across the country. 💳 Cards are not processing; money is being deducted, but receipts are not being generated. Queues are forming in stores. 🏦 The bank confirmed the problem: "Difficulties in service operations." The team is already working on restoration. 📉 The incident occurred against the backdrop of new currency operation limits and an update to the Privat24 app. #PrivatBank #Outage #Ukraine #Finance #News2026
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Collage with jerry cans, fuel nozzle and oil rig illustrates cancellation of 100 UAH diesel subsidy and growing price gap between networks in Ukraine

Diesel at 100 hryvnias cancelled: why fuel prices in Ukraine have stabilized, but the gap between networks is growing

Economy 08/15/2026, 11:38
🛢️ Ukraine's fuel market: price gap between networks has grown to 300 UAH per tank! 📉 Forecast for diesel at 100 UAH cancelled, but prices remain volatile. 🌍 Key factor — situation in the Middle East and US-Iran negotiations. ⚠️ Experts advise having a fuel reserve due to attacks on logistics. #Fuel #Prices #Economy #Ukraine
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A schoolboy packing notebooks and stationery into a backpack, illustrating the rising cost of school supplies in Ukraine in 2026

The Price of the First Bell: How the 4,130 UAH Cost of a School Kit Affects Ukrainian Family Budgets in 2026

Economy 08/15/2026, 10:34
🎒 How much does it cost to send a child to school in 2026? The average check for a basic kit has risen to 4,130 UAH. But for some, this is 12% of their salary, and for others — 23%! 📉 Kherson and Sumy regions are in the risk zone. 📈 Lviv region — the leader in income. 💰 State support: 5,000 UAH for first-graders has already been paid to 61,000 families. Read the full breakdown of regional prices and expenses 👇
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