Missile alerts cost Ukraine $45m for every hour they halt businesses
Ukraine's economy is suffering significant losses due to frequent air raid alerts that force businesses to halt operations. The government has introduced a two-tier warning system to allow some businesses to continue operating during drone-only threats.
Why it matters
The economic strain of the ongoing war highlights the difficulty of maintaining civilian life and industrial output under constant bombardment.
A manufacturing plant his by a Russian drone attack in the Odesa region. A manufacturing plant his by a Russian drone attack in the Odesa region. Ukraine Missile alerts cost Ukraine $45m for every hour they halt businesses Figure cited by minister highlights trade-offs Kyiv faces as it tries to keep normal life moving amid Russian strikes
Prefer the Guardian on Google Missile alerts are costing Ukraine an estimated $45m (£34m) for every hour they bring business to a halt, according to the country’s economy minister, as Kyiv searches for ways to keep the economy running under an intensifying Russian bombardment.
Russia has increasingly targeted the infrastructure underpinning Ukraine’s economy, striking industrial sites, warehouses, logistics hubs and datacentres in what Oleksandr Kravchenko, the minister for economy and the environment, described as an effort to “destroy pretty much the entire economy”.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in