The European Union is facing a serious crisis in the supply of critical materials after the decision of the Chinese government to impose new export restrictions on rare-earth magnets and raw materials for their production, reports Politico.
As noted, Beijing’s decision in early October has escalated the trade standoff with the United States and created risks for European industry, which is almost entirely dependent on imports of such elements from China.
“A crisis in the supply of critical raw materials is no longer a remote risk. It is already on our doorstep,” European Commission President Ursula von der Leyen told MEPs on the eve of the EU summit.
She emphasized the need for “decisive and urgent action” to ensure faster and more reliable supplies of critical materials “both within Europe itself and from trusted partners.”
European Trade Commissioner Maroš Šefčovič said the EU was not interested in escalating tensions, but emphasized the need to resolve the situation quickly. “However, this situation casts a shadow on our relations. Therefore, a quick solution is essential,” he said.
Šefčovič said China and the EU will “strengthen contacts at all levels” to discuss the restrictions. Chinese Commerce Minister Wang Wentao is due to arrive in Brussels for consultations in the coming days.
“The European Union is also holding talks with the G7 countries on an agreed response to the crisis ahead of a ministerial meeting to be held October 30-31 in Canada,” the report said.
Earlier, the information and analytical center Experts Club analyzed the global market of rare earth metals of the world and Ukraine, the video is available here -.
https://youtu.be/UHeBfpywpQc?si=0L-2nSUrLlIbqVZ5?si=Fk6Oi_13NKpEW81K
CHINA, EUROPEAN UNION, EXPERTS CLUB, EXPORT, rare earth elements
On Friday, October 31, from 9:30 a.m. to 1:00 p.m., AmCham Ukraine, together with our member company Sayenko Kharenko, invites you to join us for Halloween Blood Donor Day. Details of the location will be sent to registered participants the day before the event. The venue has shelter.
Join us (costumes are welcome but not required) and be part of a life-saving mission. Every drop of blood can help save up to three lives—after all, real heroes don’t need capes, just courage and compassion.
The event is open to everyone, so invite your friends, colleagues, and loved ones. Choose a convenient time and register in advance via DonorUA.
Let’s make this Halloween terrifyingly good and life-giving!
Follow all rules and recommendations to prepare for blood donation.
Don’t forget to bring your passport and Ukrainian citizen identification code. Citizens of other countries can also be donors if they have a residence permit in Ukraine and an identity document.
The law allows women with medical and pharmaceutical education to be registered for military service without their personal presence, but there are no mechanisms for the forced conscription of such women from abroad, lawyers interviewed by the Interfax-Ukraine news agency explained.
“The obligation to register for military service does indeed exist. If a person is physically outside Ukraine, they must notify the territorial recruitment center at their place of registration, in particular by email, that they are temporarily abroad. However, there is no mechanism that would allow the state to forcibly return a citizen to fulfill this obligation. This also applies to those who are abroad under the temporary protection mechanism,” said Zoryana Skaletska, partner at Ario Law Firm and Minister of Health in 2019-2020.
She noted that in the context of military registration of women with medical or pharmaceutical education, “it is important to distinguish between the concepts of ‘compulsory’ and ‘automatic’ registration.”
“Compulsory always means restriction of freedom, and we do not have such mechanisms. However, automatic registration is indeed provided for. The Cabinet of Ministers’ resolution of July 30, 2025, allows such women to be registered for military service without their personal presence,” she said.
Skaletskaya explained that there are currently three mechanisms through which women with medical or pharmaceutical education can be entered into the Unified State Register of Conscripts, Military Service Obligators, and Reservists: through an educational institution, through a personal message, and through an employer.
“Thus, ‘automatic registration’ actually takes place through official notification of the educational institution or employer, but does not imply coercion or physical control by the state,” Skaletskaya noted.
She also emphasized that the law does not provide for separate liability specifically for women with medical or pharmaceutical education who have not registered for military service, since there are now general rules on violations of the law on military duty and military service, which provide for a fine of 850 to 1,700 hryvnia.
“Theoretically, this article can also be applied to women who have the relevant education but have not applied to the TCC and SP, especially if they are not employed and received their diploma many years ago. However, in practice, the application of this norm is still limited,” she noted.
Skaletskaya pointed out that the TCC and SP will only be able to automatically identify such persons when the Unified State Register of Conscripts, Military Service Obligators, and Reservists has technical access to the Ministry of Education’s diploma database.
“Currently, such interaction between the registers has not been introduced, so we do not see active prosecution of female medical professionals who have not registered,” she said.
Skaletskaya pointed out that “the practice of submitting information about female graduates of medical institutions to military registration and enlistment offices existed even before the current changes, but now we have another problem: the data in the registers is often not updated.”
“If we talk about the practical meaning of this control, its purpose is not punishment, but the ability to quickly recruit medical specialists if necessary for the defense sector. But it is important to understand that even in this case, a woman can only be recruited after passing a military medical commission (VVC), and not all of them are recognized as fit for service based on its results,” the lawyer emphasized.
She also noted that military registration control applies to all enterprises regardless of ownership, including private clinics.
For her part, Galina Chernyakina, a lawyer at Barristers, noted that the registration of women with medical or pharmaceutical education is exclusively a registration measure and is not equivalent to mobilization, i.e., it does not in itself mean compulsory conscription or military service without a corresponding decision by the state.
At the same time, she noted that “restrictions on traveling abroad during martial law apply exclusively to male citizens of Ukraine between the ages of 18 and 60 who are subject to military registration and mobilization, while women who have medical or pharmaceutical education and are subject to military service are not restricted in their right to travel abroad, even during a period of general mobilization.”
“Accordingly, women who are abroad under a temporary protection program or on other grounds cannot be forcibly returned to Ukraine for military registration, mobilization, or military service,” she said.
Chernyakina noted that the main type of liability for violating military registration rules is administrative, which provides for fines, and criminal liability can only arise in the case of actual evasion of mobilization after receiving a summons.
“However, so far, the practice of bringing women who are subject to military registration in accordance with the law to administrative or criminal responsibility is rare,” she said.
Source: https://ru.interfax.com.ua/news/general/1114670.html
Barristers, LAWYER, LEGISLATION, military registration, pharmaceutical education, WOMEN, Чернякіна
Federal Minister for Economic Affairs Katerina Reiche has promised Ukraine additional aid in the amount of €30 million for the energy sector, and this amount may still be increased, Tagesspiegel reported on Friday.
During her visit to Kyiv, Reiche told reporters that in early October, about 60% of Ukraine’s gas supply had been destroyed by Russian attacks.
“Russia’s goal is obviously to exhaust Ukraine. We will help restore the energy infrastructure,” she said.
Germany has already allocated a third of the total amount of EUR 390 million to the Energy Assistance Fund for Ukraine, and has promised to invest another EUR 30 million in Ukraine, with the possibility of further increases.
As reported, Reiche arrived in Kyiv on Friday to assess Ukraine’s needs for rebuilding its energy infrastructure after large-scale Russian attacks that severely damaged the power grid, Reuters reports. In addition to rebuilding the energy infrastructure, Reiche intends to focus on expanding German-Ukrainian defense cooperation.
Which regions became tourist centers?
According to the State Tax Service, UAH 91.7 million in tourist tax was paid to local budgets from July to September 2025.
In total, businesses paid UAH 234.4 million in tourist tax over the first nine months of 2025. This is 1.5 times more than during the same period before the start of the full-scale war. Kyiv, Lviv, and Ivano-Frankivsk regions remain the largest contributors to local budgets.
Local budgets received UAH 234.4 million in tourist tax for the first nine months of 2025. This is 36% more than in the same period last year and 1.5 times more than before the start of the full-scale war.
The summer season is traditionally the “golden time” for the tourism industry. Businesses paid 91.7 million hryvnia in tourist tax from July to September 2025. This is 20% more than in the second quarter of this year — 76.2 million hryvnia.
More than half of the tourist tax — 53% or UAH 125.2 million — was paid by large businesses: hotels, sanatoriums, and recreation centers. The remaining 47% or UAH 109.2 million was paid by small businesses, i.e., owners of apartments, estates, and small tourist facilities. It is worth noting that revenues from small businesses increased by 39%, while those from large businesses increased by only 6.5% during this period.
The capital remains the undisputed leader of Ukrainian tourism. A fifth, or UAH 51 million, of the tourist tax was paid in Kyiv. 81% of this amount came from large businesses.
Lviv region is in second place with UAH 42.5 million — here the share of large businesses is smaller, 56%. Ivano-Frankivsk region closes the top three — UAH 32.5 million, while 55% of the tourist tax in the region was paid by small businesses.
The amount of tourist tax collected in the Odesa region increased the most during the holiday season. Despite this, the region’s figures for the first nine months are still 17% lower than for the same period in 2021.
Compared to the pre-war period, the amount of tourist tax collected in Bukovina increased fivefold. At the same time, 90% of the amount was provided by owners of apartments, estates, and small tourist facilities. Ivano-Frankivsk region is also among the leaders: the amount of tourist tax for this period increased 4.5 times.
The international financial service NovaPay (TM NovaPay) raised the rate on short-term deposits from private investors by 1-2 percentage points (pp) — from 1 to 3 months, and by 0.25-0.5 p.p. for deposits with a term of 4 to 9 months, according to the company’s press release on Thursday.
It is noted that the current rates as of October 23, 2025, are: 1 month — 12%; 2 months — 14%; 3 months — 15.5%; 4 months — 17%; 6 months — 17.5%; and 9 months — 17.75%.
In July, NovaPay offered 10% per annum for 1 month, 12% for 2 months, 14.5% for 3 months, 16.5% for 4 months, and 17.5% for 6 and 9 months.
The company clarified that the rate for annual deposits remained unchanged at 18%.
Since the beginning of March 2025, the National Bank has held the discount rate at 15.5% for five consecutive meetings, and before that, it increased it three times since mid-December 2024. Earlier, it had kept it at 13% for six months, to which it had been reduced from 25% in July 2023 in seven stages.
According to NovaPay CFO Igor Prykhodko, most clients invest in short and medium terms.
As reported, NovaPay launched an alternative to deposits through repo transactions with bonds of its subsidiary NovaPay Credit. They are available for purchase in the NovaPay mobile app. As of July this year, the company reported attracting UAH 1.7 billion through this mechanism.
NovaPay was founded in 2001 as an international financial service, part of the Nova group (“Nova Poshta”), providing online and offline financial services in Nova Poshta branches. According to the website, the company employs about 13,000 people in more than 3,600 Nova Poshta branches throughout Ukraine. According to the National Bank of Ukraine, the company accounts for about 35% of the total volume of domestic money transfers.
NovaPay was the first non-bank financial institution in Ukraine to receive an extended license from the NBU in 2023, which allowed it to open accounts and issue cards, and was also the first among non-banks to launch its own financial application with a wide range of financial services at the end of last year.
According to the bond prospectus, NovaPay Credit plans to increase its interest income to UAH 802.1 million this year and to UAH 1 billion 515.1 million next year, and to receive UAH 518.9 million and UAH 1 billion 30.6 million in net profit, respectively.
Last year, the company’s net profit grew to UAH 89.2 million from UAH 40.3 million a year earlier, with revenue growing to UAH 285.6 million from UAH 95.6 million.
