Sanctions are slowly destroying Russian businesses with payment issues. New US restrictions imposed in June have put local banks in countries that trade with Russia at a higher risk of so-called secondary penalties, which is delaying or disrupting payments to and from cou... #China #RussianBusiness #SanctionsAgainstRussia #SecondarySanctions #Turkey
Tanks, ammunition, missiles, and air defense: Ukraine’s allies continue to provide support. The Ministry of Defense of the Netherlands noted that they are preparing with Denmark to send 14 Leopard 2A4 tanks, which were repaired by the German company Rheinmetall, to Ukraine by the end of the ... #Hawk #LeopardBattleTanks #Martlet #MIG29 #MilitaryAidforUkraine #Rheinmetall #WarinUkraine
The EC has restricted companies and private investors from exchanging assets with Russians. The European Commission has prohibited individuals and legal entities from EU countries from participating in an asset exchange scheme proposed by Russia. This is in response to the participation of t... #circumventionOfSanctions #EuropeanCommission #ExchangingAssets #ForeignInvestor #RussianAssets
In China, Kuleba explains the conditions for negotiations with the Russian Federation. Ukrainian Foreign Minister Dmytro Kuleba met with his Chinese counterpart Wang Yi to discuss ways to end Russian aggression and China’s possible role in achieving a just peace. Kuleba restated U... #China #DmytroKuleba #PeaceInUkraine #RussianUkrainianNegotiations #WangYi #WarinUkraine
Kyiv should be the one who decides on peace talks, and a Trump presidency will not change military support for Ukraine. Portuguese Foreign Minister Paulo Rangel said the EU must remain committed to its policy, and Kyiv should lead any talks about ending the war in Ukraine. “It will be Ukraine who decides how a peace pr... #DonaldTrump #PauloRangel #RussianUkrainianNegotiations #SupportUkraine #VictorOrban #WarinUkraine
The EU is preparing indefinite sanctions to be placed on Russian assets to enable Ukraine’s $50B loan as part of the G7 initiative. EU countries are discussing options for extending the period between reviews of the sanctions on the Russian central bank’s assets to ensure the operation of the G7 plan to provide Ukraine with ... #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits #RussianCentralBank #SanctionsAgainstRussia
The US is preparing to confiscate Russian money: Financial institutions are required to report any Russian assets. The US Treasury Department has required institutions that own Russian state assets to inform about them as part of implementing the Law on Restoring Economic Prosperity and Opportunities for Ukrainian... #CompensationForUkraine #ReparationsForUkraine #RussianAssets #RussianAssetsConfiscation
Japan has already provided Ukraine with $6.3B since the beginning of the invasion: The Ministry of Finance anticipates continued support. The Minister of Finance of Ukraine, Serhii Marchenko, stated: “Ukraine is systematically strengthening its financial capacity, increasing the internal revenues of the state budget. At the same t... #financialaidforUkraine #imf #Japan #SerhiyMarchenko #SupportUkraine #UkraineBudget2024 #UkraineRecovery
Hungary is blackmailing Ukraine by blocking €6.5B in military aid due to the cessation of Russian oil transit to the EU. Hungary will block the €6.5B military aid financing program for Ukraine under the European Peace Fund until Ukraine resumes supplies of Russian oil to Hungary, Hungarian Foreign Minister Peter Szijjár... #EuropeanPeaceFund #Hungary #LukOil #OilTransit #PeterSijarto #RussianOil #Slovakia
Dmytro Kuleba has arrived in China to discuss Beijing’s possible role in ending the war in Ukraine. Ukraine’s Foreign Minister Dmytro Kuleba has embarked on his first trip to China since the Russian invasion in 2022. China has served as an economic lifeline for the Kremlin since its invasion b... #China #DmytroKuleba #PeaceInUkraine #RussianUkrainianNegotiations #WangYi #WarinUkraine
The EU will adjust sanctions to ensure the earnings from frozen Russian assets are not interrupted. The EU has presented member states with two options to freeze Russian Central Bank assets for extended periods. It seeks to assuage US concerns over a G7 plan to leverage the profits from these assets... #G7 #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits #RussianCentralBank #SanctionsAgainstRussia #SupportUkraine
Ukraine will present a list of investment projects for 2025 and expects to receive €4.1B from the EU. Prime Minister Denys Shmyhal announced that the Cabinet of Ministers plans to present a prepared list of public investment projects for 2025 to its partners in September. “Thus, in conditions of... #DenysShmyhal #investments #InvestmentsinUkraine #UkraineFacility
Ukraine agreed to a debt restructuring with its Eurobond holders. As Prime Minister Denys Shmyhal reported, Ukraine has reached fundamental agreements with a committee of Eurobond owners. This is a crucial stage in Ukraine’s debt restructuring, saving $11.4B i... #DebtRestructuring #DenysShmyhal #Eurobond #UkraineBond #ukrainedebt
Kuleba tells the EU ministers the five steps for urgent assistance to Ukraine’s energy sector. During a meeting of the Council of Foreign Ministers of the EU, Minister of Foreign Affairs Dmytro Kuleba called on Ukraine’s partners to intensify the protection and restoration of the country&... #DmytroKuleba #EnergyRestore #energyukraine #RussianMilitaryTargets #UkraineRecovery
Europe will increase pressure on the Russian shadow fleet, but Moscow is preparing for restrictions on LNG. 44 European countries have agreed on the introduction of measures against the Russian Federation’s so-called shadow fleet, which is used to circumvent international restrictions. The joint ̶... #LNG #OilTankers #RussianLNG #SanctionsAgainstRussia #ShadowFleetRussia
The Ministry of Finance has updated the Reform Matrix; Ukraine has already fulfilled 108 indicators in the year’s first half. The Ministry of Finance has updated the Reform Matrix, an analytical tool used to monitor the fulfillment of the requirements of international partners in real-time. In the updated Reform Matrix, ther... #imf #ReformMatrix #ReformsinUkraine #UkraineFacility #worldbank
Slovakia maintains a stance against providing military aid to Ukraine, but its shells still end up on the frontlines. Slovakia’s defense minister is pushing for a major increase in ammunition production to boost the country’s economic growth. According to Bloomberg, while Fico’s government steadfastly ref... #ArtilleryShells #RobertFico #RobertKaliňák #Slovakia #WarinUkraine #WeaponsforUkraine
The Prime Minister of the United Kingdom promises to increase efforts to support Ukraine; Zelenskyy asks permission for strikes in Russian territory to protect civilians. UK Prime Minister Keir Starmer has pledged that his country will “double down” on its backing of Ukraine. He stated that Ukraine has the “unwavering support of the United Kingdom” and that... #JohnHealey #KeirStarmer #LongRangeWeapons #RussianMilitaryTargets #WarinUkraine #Zelenskyy
The UK will provide credit support for the Ukrainian military industry worth £2B. The United Kingdom and Ukraine have signed an intergovernmental agreement on official credit support for developing Ukrainian defense capabilities. The agreement will allow the start of Ukrainian-UK p... #AS90 #GreatBritain #L119howitzer #LoanForUkraine #MilitaryAidforUkraine #SheffieldForgemasters #WeaponsProduction
Slovakia threatens to suspend the supply of petroleum products to Ukraine over sanctions against Russian Lukoil. Slovak Prime Minister Robert Fico spoke over the telephone with his Ukrainian counterpart Denys Shmyhal, during which he criticized the inclusion of the Russian company Lukoil, whose oil is also used ... #DenysShmyhal #LukOil #MOL #RobertFico #SanctionsAgainstRussia #Slovnaft
The EU will provide Ukrenergo a €100M grant for the energy system’s restoration and protection. State energy company Ukrenergo and the German State Development Bank KfW in Ukraine signed a €100M grant agreement. It is noted that the EC authorized KfW to direct the funds from the special EU budge... #EnergyRestore #energyukraine #KfW #UkraineInvestmentFacility #Ukrenergo
Ukraine has fulfilled more than 50% of the IMF’s requirements and received $10.2B from the IMF since the beginning of the war. As Minister of Finance, Serhiy Marchenko noted: “The Government of Ukraine, the National Bank of Ukraine, and other authorities have so far implemented 23 structural beacons out of 37 stipulated... #financialaidforUkraine #imf #IMFStructuralBeacons #ReformsinUkraine #SerhiyMarchenko #UkraineBudget2024
The German government has confirmed that it has earmarked half the amount for military aid to Ukraine in the 2025 budget, counting on income from the Russian assets. In its draft budget for 2025, Germany will provide €4B for military aid to Ukraine, calculating that Kyiv’s needs for military support will be covered mainly by interest from the frozen assets o... #Bundestag #ChristianeHoffmann #Germany #MilitaryAidforUkraine #RussianAssetsProfits
Russia categorically rejects the Ukrainian Peace Formula and welcomes the position of the US Republican vice-presidential candidate on Ukraine. The Minister of Foreign Affairs of the Russian Federation, Serhiy Lavrov, said at a press conference at the United Nations that the discussions regarding the second Peace Summit and the Ukrainian Peac... #DonaldTrump #PeaceInUkraine #PeaceSummit #RussianUkrainianNegotiations #SergeiLavrov #WarinUkraine #Zelenskyy
The Kremlin is preparing the Russians for another decade of war. The ISW emphasized that negotiations with Russia are impossible as long as its terms include the destruction of Ukraine. Russian state news agencies published comments by the Deputy Chairman of the Ru... #DmitryMedvedev #Kremlin #RussianAggression #RussianUkrainianNegotiations #WarinUkraine
Ursula von der Leyen has retained her position as head of the EC, and she promises to create a European Defense Union and support Ukraine on its way to joining the EU. The European Parliament re-elected Ursula von der Leyen as the head of the European Commission for another five years. While campaigning, she promised to do much more in the field of defense if she re... #EUexpansion #EuropeanIntegration #EuropeanParliament #EuropeanPeaceFund #SupportUkraine #UkraineFacility #UrsulavonderLeyen
Ukraine is trying for the second time to restructure more than $20B in Eurobonds. A group of Ukrainian bondholders has signed non-disclosure agreements to begin a second round of formal talks with the Ukrainian government to restructure more than $20B in debt. Negotiations started ... #DebtRestructuring #Eurobond #imf #UkraineBond #ukrainedebt
While its partners are providing promised military aid, Ukraine is expanding its drone use. Ukraine’s allies plan to provide Kyiv with nearly 500,000 artillery shells by the end of the year through the Czech artillery initiative. Other munitions are available and could be supplied to U... #ArtilleryShells #CaesarHowitzers #MetteFrederiksen #MilitaryAidforUkraine #UkrainianDrone #WarinUkraine #WeaponsforUkraine
Ratification of the free trade agreement will quickly increase trade between Ukraine and Turkey by $2.5B per year. Ambassador of Ukraine to Turkey, Vasyl Bodnar, noted: “Turkey traditionally plays an important role in Ukraine’s foreign trade. In 2023, the total trade volume was approximately $7.5B. Aft... #ForeignInvestor #FreeTradeAgreement #Turkey #TurkishBusiness #UkraineTrade #VasylBodnar
Trump plans to ease sanctions against Russia, and Orban calls on the EU to restore relations with Russia and to prepare for the suspension of US aid to Ukraine. US presidential candidate Donald Trump considers easing sanctions against Russia as one of the components of his plan to end the war in Ukraine. “With sanctions, we push everyone away from us. T... #DonaldTrump #PeaceInUkraine #RussianUkrainianNegotiations #SanctionsAgainstRussia #VictorOrban #WarinUkraine
The UK’s new government announces its ongoing support for Ukraine, and Germany approves a 2025 draft budget with less aid for Ukraine. The King of the United Kingdom, Charles III, delivered a speech about the new Labour Party government’s program, which also mentioned Ukraine. Charles III emphasized London’s “unshak... #CharlesIII #DefenseSpending #Germany #GreatBritain #MilitaryAidforUkraine #SupportUkraine
Ukraine is disappointed with the NATO summit results, while the Kremlin threatens to strike EU capitals in response to the placement of American missiles. According to BILD, the leadership of Ukraine is disappointed that even after the bloody shelling of a children’s hospital in Kyiv, the participants of the NATO summit in Washington did not hand ... #LongRangeWeapons #NATOsummit #Okhmatdyt #RussianMilitaryTargets #WarinUkraine #Washington
The EU is in a hurry to issue a $50B loan to Ukraine backed by the Russian frozen assets. The European Commission plans “very soon” to propose a $50B loan to support Ukraine and finish all the legislative work for it by the end of the year, says the Commissioner for Economy, Pa... #HungaryVeto #LoanForUkraine #PaoloGentiloni #RussianAssets #VictorOrban
More than 60 MEPs demand to deprive Hungary of the right to vote in the EU. 63 European Parliament members demand that the leadership of the EU deprive Hungary of the right to vote in the EU due to the actions of Hungarian Prime Minister Viktor Orbán, writes Politico. The MEP... #EUCouncil #EuropeanParliament #Hungary #MEP #VictorOrban
Orban presented his “peace plan” for Ukraine to EU leaders while Ukraine prepares its peace plan for the second Peace Summit and insists on Russia’s participation. Prime Minister of Hungary Viktor Orban, after trips to Kyiv, Moscow, Beijing, and Washington, sent his “peace plan” to the leaders of the European Union. According to this plan, the US, Eu... #PeaceInUkraine #PeaceSummit #RussianUkrainianNegotiations #VictorOrban #Zelenskyy
The EU will boycott the foreign affairs summit initiated by Budapest because of Orban’s “peaceful” policy towards Ukraine. Hungary, which presides over the Council of the EU, plans to hold a summit of the bloc’s foreign ministers in Budapest on August 28-29. However, the EU’s ministers, with the exception of H... #Boycot #EUCouncil #Hungary #VictorOrban
Russia is preparing a new offensive in the Kharkiv region and from the north, while Lukashenko is withdrawing his troops from the borders and calling for negotiations. The ISW says that the enemy’s command structure is regrouping troops in the Hlyboke area in the Kharkiv region to resume its offensive operations. In the Vovchansk region, the Russian army is pr... #alexanderlukashenko #Kharkiv #KyryloBudanov #Putin #RussianOffensive #Vovchansk #WarinUkraine
Spain is providing Ukraine with Leopard tanks and other military aid, and France is preparing Mirage fighter jets for delivery. Spain has sent a new batch of military assistance to Ukraine, which includes 10 refurbished Leopard 2A4 tanks, various excavators, and anti-tank missiles. With this shipment, the total number of tanks... #F16 #GaëlVeyssière #LeopardBattleTanks #Mirage2000 #SteffenHebeschreit
The NATO Summit resulted in the adoption of the Ukrainian Compact. This document becomes an addition to the G7 Joint Declaration agreed to a year ago at the previous Alliance summit in Vilnius. Among the 32 signatories to the treaty, 23 countries have also concluded ... #JoeBiden #NATOsummit #SecurityAgreement #SecurityGuarantees #UkraineCompact #Zelenskyy
NATO emphasizes that Ukraine can strike with Western weapons in Russian territory, but the US is still against it. NATO Secretary General Jens Stoltenberg stressed that Ukraine has a legal right to use weapons received from its partners to target legitimate military targets in Russian territory in order to repel t... #JensStoltenberg #JohnKirby #LongRangeWeapons #NATO #RussianMilitaryTargets #StormShadow #WesternWeapons
The US and Britain pledge their support to prevent Putin from winning the war in Ukraine. British Prime Minister Keir Starmer and US President Joseph Biden confirmed that they will continue providing Ukraine with all possible support to prevent the victory of aggressors such as Putin. At t... #JoeBiden #KeirStarmer #Putin #RussianAggression #SupportUkraine #WarinUkraine
The US, Australia, Norway, and Canada are sending Ukraine hundreds of millions of dollars in security aid. US President Joe Biden announced a new package of military assistance for Ukraine, which is the eighth since the signing of the supplemental appropriations act in support of Ukraine, Israel, and other... #AmmunitionForUkraine #Canada #F16 #IRIS-T #JoeBiden #MilitaryAidforUkraine #Norway #PatriotSystems #SupportUkraine
Ukraine’s armed forces seek permission to destroy enemy aircraft in Russian territory; Ukraine can strike any point in Crimea. For Ukraine to cope with Russian aviation, first of all, international partners must agree to allow Ukraine to strike Russian military targets near the borders and further from them, said Nazar Volosh... #Crimea #LongRangeWeapons #RussianAircraft #RussianMilitaryTargets #WarinUkraine
The US will not participate directly in the war in Ukraine but promises its support; NATO identifies the primary Russian allies. The head of the Pentagon, Lloyd Austin, said at the NATO Summit that the US will not be involved in the war in Ukraine but will continue to support Kyiv. According to him, after Putin invaded Ukraine ... #China #LloydAustin #NATOsummit #SupportUkraine #WarinUkraine
NATO countries are ready to accept Ukraine into the Alliance, but there is a lot of work ahead. “All allies agree that Ukraine will become a member of NATO,” but it is still too early to say when this will happen, the head of the organization, Jens Stoltenberg, said at the NATO summi... #JensStoltenberg #NATOsummit #SupportUkraine #UkraineAccessionToNATO #UkraineNATO #WarinUkraine
Orban met with the leader of Turkey, which is balancing between good relations with Russia and supplying weapons to Ukraine. Hungarian Prime Minister Viktor Orbán announced that he is continuing his “peacekeeping mission” and met with the President of Turkey in Washington. He called Istanbul an “indispensa... #NATOsummit #PeaceInUkraine #RecepTayyipErdoğan #Turkey #UkraineNATO #VictorOrban
Britain promises to provide Ukraine with £3B of military support a year as long as it needs. British Prime Minister Keir Starmer told Volodymyr Zelenskyy at the NATO summit that the new government will stick to its plans to spend at least £3B every year on military support for Ukraine “... #Brimstone #GreatBritain #KeirStarmer #NATOsummit #UkraineNATO #Zelenskyy
The Drone Coalition members created a special €45M fund, Denmark will buy Ukrainian howitzers, and Ukraine will produce NATO ammunition with the US. The member countries of the Drone Coalition have created a special fund for rapid joint procurement of UAVs for Ukraine. The Netherlands, Britain, Latvia, New Zealand, and Sweden, which joined the coa... #BohdanaSPG #DefenseIndustryUkraine #DronesCoalition #FPVdrones #ukroboronprom #Zelenskyy
Ukraine concluded another bilateral security agreement and will receive a Patriot system and assistance in strengthening security in the Black Sea. The President of Ukraine, Volodymyr Zelenskyy, and the President of Romania, Klaus Iohannis, signed an agreement on security cooperation between the countries. Romania will transfer a Patriot system t... #DeminingBlackSea #F16 #KlausIohannis #Romania #SecurityAgreement #Zelenskyy
NATO believes that Ukraine can launch a counteroffensive and believes in its ultimate victory over Russia. US President Joe Biden is convinced that Ukraine can stop the Russian dictator, Putin. He stated this at a solemn event on NATO’s 75th anniversary. “We know that Putin will not stop at Ukr... #ATACMS #F16 #JoeBiden #NATOsummit #UkraineCounteroffensive #VictoryUkraine #WarinUkraine