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Advisor explains patronage pension conditions to retiree at table with documents

Patronage Pensions: How Much the Pensioner Actually Receives and Whether the Subsidy Will Be Cancelled

Economy 08/02/2026, 06:37
"Patronage pensions" are now operational in Ukraine: you can now transfer money directly to pensioners. A lawyer explained that from a donation of 10,000 hryvnias, the pensioner will receive 7,000 in hand, while the state will take the remainder for the fund's needs. At the same time, such transfers are not taxed and do not affect the receipt of subsidies. 🇺🇦💰👵
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Kirkuk-Ceyhan oil pipeline: pipes with shut-off valves against the backdrop of an oil refinery, illustrating the strategic route for transporting oil from Iraq to Turkey

Turkey and Iraq Extend Kirkuk-Ceyhan Pipeline Contract: Strategy to Bypass the Strait of Hormuz

Economy 08/02/2026, 02:27
Turkey and Iraq have extended the contract for the operation of the Kirkuk-Ceyhan oil pipeline for another year 🛢️🇹🇷🇮🇶. This decision guarantees an alternative export route for Iraqi oil amidst risks to shipping in the Strait of Hormuz. The pipeline's potential is up to 750,000 barrels per day, which is critical for the stability of supplies to global markets. ⚖️🚢
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