The final adoption of a bill raising taxes may negatively affect the economy: Businesses offer an alternative. The current version of the draft law provides for an increase in the military tax from 1.5% to 5%, a 50% tax on bank profits in 2024, and 25% for non-bank financial institutions. The bill foresees add... #ReformsinUkraine #ShadowEconomy #TaxesinUkraine #UkraineBudget #UkraineBudgetDeficit #UkraineEconomy
Saudi Arabia threatens to collapse oil prices to $50, which will hit Russia’s profits. Saudi Arabia will collapse oil prices to $50 per barrel if OPEC+ member countries continue to violate production limits, the country’s oil minister, Abdelaziz bin Salman, warned during a confere... #Iraq #Kazakhstan #Oilmining #OilPrices #OPEC #RussianOil #SaudiArabia
The EU calls energy a decisive front this winter, and urges Ukraine to be allowed strikes on Russian territory. The head of EU diplomacy, Josep Borrell, said that the main topics in the G7 foreign ministers’ meeting in New York were the support of Ukraine before the approach of winter and the avoidance of... #ElectricityDeficitUkraine #JosepBorrell #LongRangeStrikes #RussianMilitaryTargets #WarinUkraine
The EC explains what the allocation of $50B to Ukraine depends on. In order to finalize a $50B loan for Ukraine, secured by frozen Russian assets, the EU and the G7 countries must make a political commitment to participate in this initiative at the end of October, sa... #G7 #LoanForUkraine #ULCM #ValdisDombrovskis
Ukraine has fulfilled almost all IMF requirements for the sixth revision of the cooperation program. According to monitoring by the RRR4U consortium, the parties agreed on the successful fifth revision of the current cooperation program in early September. Soon, a decision from the Board of Directors... #imf #IMFStructuralBeacons #NABU #ReformsinUkraine #RRR4U
Estonia seeks to adapt its military industry to Ukraine’s needs. Estonia intends to restructure its military aid to Ukraine so that it is dominated by products from its domestic enterprises to provide support for the Estonian military industry, the country’s ... #Estonia #HannoPevkur #MilitaryAidforUkraine #WeaponsProduction
The new NATO Secretary, General Rutte, will maintain Stoltenberg’s priorities during his tenure. Incoming NATO Secretary General Mark Rutte will need all of the coalition-building skills he honed as prime minister of the Netherlands to keep the Western alliance together amid the war in Ukraine, f... #JensStoltenberg #MarkRutte #NATO #UkraineNATO
What is holding back the €35B EU loan for Ukraine? The European Commission’s initiative to provide Ukraine with a €35B loan, which will be repaid with income from frozen Russian assets, is not supported by some key EU countries. The loan is inte... #G7 #LoanForUkraine #RussianAssetsProfits #SupportUkraine
Blinken accuses China of helping Putin continue his aggression against Ukraine. The West has received evidence regarding the supply of weapons. By exporting goods to Russia that strengthen its military-industrial complex, Beijing is fueling Putin’s “military machine,&... #AnthonyBlinken #China #DualPurposeTechnologies #Putin #WangYi #WarinUkraine
Dwindling funds from Ukraine’s partners endangers continued military aid. Military supplies for Ukraine for next year are in jeopardy due to some allies’ financial difficulties, and other countries are unwilling to increase their aid contributions. Ukraine is trying t... #G7 #LoanForUkraine #MilitaryAidforUkraine #RussianAssetsProfits #SupportUkraine #WarinUkraine
Europe will increase its defense investment sharply in 2024 in response to Russian aggression. European venture capitalists plan to invest $1B in defense technology by the end of 2024, which is 400% more than in 2018, as a result of Russian aggression in Ukraine. According to Dealroom, venture ... #DefenseIndustry #DefenseInvestments #DefenseTechnology #EUdefense #NATO
Will Ukrainian farmers benefit from joining the EU? Ukrainian farmers can receive €7.6-€13.5B per year within the EU’s Common Agricultural Policy (CAP) framework. This could create a severe fiscal burden on other member states, which is an argument aga... #agroUkraine #CommonAgriculturalPolicy #EuropeanIntegration #FarmersUkraine
Zelenskyy met Biden, Harris, and Trump and shared his Victory Plan with them. During the meeting with the head of the White House, Joe Biden, President Zelenskyy presented his plan for victory over Russia, discussed its diplomatic, economic, and military aspects, and the two le... #DonaldTrump #JoeBiden #KamalaHarris #UkrainePeacePlan #VictoryStrategy #WarinUkraine #Zelenskyy
The US allocates almost $8B, and Germany will spend an additional €400M in aid to Ukraine this year. The White House announced a Ukrainian military aid package worth $7.9B, including additional Patriot batteries, air defense equipment, UAVs, long-range missiles, air-to-ground munitions, and money to ... #AS90 #Germany #HIMARSartillery #MilitaryAidforUkraine #PatriotSystems #WarinUkraine
Ukraine will receive hundreds of millions in loans from Canada and the Bank of Korea. Ukraine plans to obtain a loan from the Export-Import Bank of Korea for up to $100M and has finalized the primary conditions for the state’s external borrowing. These funds will be directed to t... #BankOfKorea #Canada #HealUkraine #LoanForUkraine #SouthKorea
Denmark is investing over $628M in Ukraine’s defense industry. Denmark and Ukraine have agreed to terms on a DKK 4.2B ($628M) purchase from the Ukrainian defense industry, the Danish Ministry of Defense reported. Denmark will use income from frozen Russian asset... #DefenseIndustryUkraine #Denmark #HermanSmetanin #RustemUmerov #TroelsLundPoulsen
The G7+ leaders adopt a declaration on the rebuilding of Ukraine. The leaders of the G7 and more than 30 partner countries, as well as the EU, adopted a Joint Declaration to support Ukraine’s recovery and reconstruction, providing further military, economic, a... #G7 #ReparationsForUkraine #RussianAssetsProfits #SupportUkraine #UkraineRecovery #UkraineWarDamages
The war will not end through negotiation; Russia must be forced to peace by force – Zelenskyy at the UN. President Zelenskyy stated at the UN Security Council that the war between Russia and Ukraine cannot be ended through negotiations alone, and Moscow must be forced to make peace. Zelenskyy called on W... #PeacePlan #SupportUkraine #UNSecurityCouncil #WarinUkraine #Zelenskyy
Borrell promises the EU’s support for Ukraine regardless of US policy. The EU will continue to support Ukraine, which resists Russian aggression, and this position will not depend on what the new US administration will do, EU High Representative Josep Borrell said in New... #DonaldTrump #JosepBorrell #SupportUkraine #UNSecurityCouncil #USelections #WarinUkraine
While Biden insisted on further support for Ukraine, Trump declared that the US must pull out of the war. US President Joe Biden called on UN member states to be tireless in supporting Ukraine to help it win the war and preserve its freedom. “The world has yet another choice to make. Will we maintai... #DonaldTrump #JoeBiden #PeacePlan #SupportUkraine #UNGeneralAssembly #WarinUkraine
At the UN, the US Secretary of State calls for those who support and fuel Putin’s aggression – Iran, North Korea and China – to stop. US Secretary of State Anthony Blinken said that to promote peace in Ukraine, it is necessary to stop Iran, North Korea, and China from enabling the Russian war machine. During his speech at the meetin... #AnthonyBlinken #China #IranianWeapons #NorthKorea #RussianAggression #UNSecurityCouncil #WarinUkraine
Analysts name the main systemic challenges of Ukraine’s agrarian European integration. In May 2024, the EU Council extended the duty-free trade regime for Ukraine until June 2025. Until then, the parties will update the Association Agreement and establish the expected terms of trade bef... #agroUkraine #EuropeanIntegration #ReformsinUkraine #UkraineEUNegotiations #Ukrainianfarmers
Ukraine hopes for India’s help in reaching a peace agreement. President Zelenskyy met with Indian Prime Minister Narendra Modi on September 23 in New York, and the leaders and their entourages discussed the path to a peace agreement. Politico writes that a high-... #NarendraModi #PeacePlan #SubrahmanyamJaishankar #WarinUkraine #Zelenskyy
President Zelenskyy is holding bilateral meetings at the UN General Assembly to strengthen Kyiv’s military support. President Zelenskyy is in New York and meeting with the leaders of Germany, India, and Japan to enhance Kyiv’s military support. With German Chancellor Olaf Scholz, Zelenskyy discussed how to br... #FumioKishida #NarendraModi #OlafScholz #PeacePlan #SantiagoPeña #UNGeneralAssembly #Zelenskyy
Zelenskyy will demand guarantees of further American support from Biden in the event Trump is victorious. President Zelenskyy will press for security guarantees from the US, so that if Donald Trump wins the presidential election, Ukraine will not be forced into an unfavorable peace agreement that would in... #DonaldTrump #JoeBiden #KamalaHarris #UkrainePeacePlan #WarinUkraine #Zelenskyy
Ukraine’s allies have provided over $4B in energy support and call for more to be given. The G7 countries and other partners have raised more than $4B since the start of Russia’s full-scale invasion to restore Ukraine’s energy infrastructure, US Secretary of State Anthony Blin... #AnthonyBlinken #EnergySupportFund #energyukraine #G7 #KamalaHarris
What new energy support did Ukraine’s allies promise? The Netherlands allocated a new €209.5M aid package to Ukraine to restore critical energy infrastructure. In addition, the Netherlands will contribute €45M to the Energy Support Fund of Ukraine and su... #EnergySupportFund #energyukraine #France #Japan #JosepBorrell
The process of rebuilding Ukraine will become more transparent. A newly adopted draft law, which obliges publishing the prices of building materials in all public procurements, is an essential anti-corruption step to ensure more transparent use of budget funds and... #Anticorruption #BuildingMaterials #investments #RecoveryPlan #UkraineReconstruction
Zelenskyy says the war will end sooner than expected; Russia does not seek to negotiate and wants Ukraine to surrender. President Zelenskyy said that Russia’s war against Ukraine may end sooner than many expect and emphasized the importance of strengthening the Ukrainian army. “The Victory Plan is to streng... #Kursk #Putin #RussianUkrainianNegotiations #VictoryUkraine #WarinUkraine #Zelenskyy
The US Congress nears an agreement on the remaining $5.8B set aside for Ukraine; the Pentagon promises to release the entire amount. Democrats and Republicans in the US Congress have almost agreed on a one-year extension of the deadline for the US administration to spend $5.8B that have been previously allocated for Ukrainian milit... #PDA #Pentagon #SabrinaSingh #UScongress #USmilitaryAid
Ukrainian authorities call on the EU to increase aid to Ukraine in the new 2028-2034 EU budget to €400B. The Prime Minister of Ukraine, Denys Shmyhal, made this proposal at a meeting with the President of the European Commission, Ursula von der Leyen. “We expect to launch a financial instrument for... #DenysShmyhal #EUbudget #LoanForUkraine #SupportUkraine #UkraineFacility #UrsulavonderLeyen
Zelenskyy sums up the results of the Kursk operation and confirms the continuation of the offensive foreseen by the Victory Plan. The Kursk operation is part of Ukraine’s Victory Plan, demonstrating that the Ukrainian military can go on the offensive. In addition, it has already shown “some results,” said Presi... #KurskOffensive #Putin #UkraineCounteroffensive #VictoryUkraine #WarinUkraine #Zelenskyy
Territorial concessions will begin a global war – Zelenskyy responds to JD Vance’s “peace proposals.” US vice-presidential candidate JD Vance’s idea that the war can be ended by Ukraine surrendering its territories to Russia is unacceptable, President Zelenskyy said. “Such a scenario would... #DonaldTrump #JDVance #PeacePlan #WarinUkraine #Zelenskyy
During her visit to Kyiv, Von der Leyen announced a €35B loan from the EU, energy support, and discussed accession negotiations. The President of the EC, Ursula von der Leyen, announced the allocation of a €35B loan to Ukraine on September 20. This loan is part of a $50B loan announced by the G7 countries and guaranteed by prof... #LoanForUkraine #RussianAssetsProfits #SupportUkraine #UkraineEUNegotiations #UrsulavonderLeyen
The EU Defense Innovation Office opens in Kyiv; Umerov explains how Ukraine has become a defense tech center. Defense Minister Rustem Umerov and EC President Ursula von der Leyen opened the EU Defense Innovation Office in Ukraine. The minister said that special attention will be paid to joint developments in ... #DefenseIndustryUkraine #DefenseInnovationOffice #DefenseTechnology #RustemUmerov #UrsulavonderLeyen
The US and Britain might allow Ukraine to strike Russia using Storm Shadow missiles without any public announcement. Washington and London are believed to be working toward permitting Ukraine to use Storm Shadow missiles for strikes on Russian territory, but any such announcement will not be made public to preserve ... #LongRangeMissiles #LongRangeStrikes #NATO #RussianMilitaryTargets #StormShadow #WarinUkraine
Moscow is preparing two scenarios that would allow continued gas transit to the EU; Ukraine states that on is impossible. According to analysts, Russia is considering two scenarios for its return to the European gas market. The first involves the launch of the Nord Stream’s surviving thread, with a capacity of 27.5... #AzerbaijaniGas #GasTransit #NordStream #RussianGas #UkraineGTS
Zelenskyy will prepare his Victory Plan before the Peace Summit, but Russia refuses to attend. The Victory Plan, which Ukraine will present to its partners, will finally be ready at the beginning of November. It envisages quick and concrete steps by Ukraine’s partners by the end of Decemb... #MariaZakharova #PeacePlan #PeaceSummit #RussianUkrainianNegotiations #Zelenskyy
Ukraine’s allies are strengthening their civil and military support: Ukraine will receive $375M from the US and $550M in Abrams tanks from Australia. The US is preparing a military aid package for Ukraine worth $375M, which may be announced early this week. The package will include HIMARS ammunition and artillery shells. Ukraine may also receive AG... #AGM154 #Denmark #HIMARSartillery #MilitaryAidforUkraine #Norway #TanksAbrams
Ukraine fulfilled three more indicators within the framework of the EU Ukraine Facility program: State Agrarian Register legislation. Its key goal is the agricultural sector’s digitalization and transparency. Adoption of the law will expand state support for entrepreneurs in the industry. L... #BankruptcyLegislation #DigitalizationOfUkraine #ReformsinUkraine #UkraineFacility #UkraineStateBanks
Germany is giving Ukraine an aid package containing Leopard tanks and Gepard anti-aircraft guns and is preparing to provide another €1.4B in support by the end of the year. The German government announced a new aid package for Ukraine, which included 22 Leopard tanks, 22 MRAP armored cars, five Bandvagn tracked all-terrain vehicles and one Warthog, three Gepard anti-airc... #Gepard #Germany #LeopardBattleTanks #MilitaryAidforUkraine #WarinUkraine
Discussions on the short and medium-term strategies for winter survival and ending the war in Ukraine are multidirectional. The primary and short-term tasks for Ukraine’s partners are to help restore its energy generation capacity before winter and repel the Russian offensive around Pokrovsk in the Donetsk region. Th... #MilitaryAidforUkraine #PeacePlan #Pokrovsk #Putin #RussianUkrainianNegotiations #WarinUkraine
Ukraine simplified the privatization of state-owned banks and is preparing to reform the Accounting Chamber. The Ukrainian Parliament approved a draft law on the peculiarities of the sale of state-owned shares in the authorized capital of banks. The move expands the range of potential investors whom the stat... #AccountingChamber #imf #ReformsinUkraine #UkraineStateBanks #UkrainianParliament
The EU will help Ukraine secure 4.5 GW of generation capacity and will provide an additional €160M to get through the winter. The EU will help Ukraine repair 2.5 GW of capacity this winter and export 2 GW of electricity to Ukraine. With these actions, the EU will cover more than 25% of Ukraine’s energy needs for the co... #EnergyRestore #HeatingSeason #SupportUkraine #UkraineEnergy #UrsulavonderLeyen
The European Parliament calls for an embargo on Russian LNG and sanctions against Gazprom. The European Parliament called on the EU to introduce a full embargo on Russian liquefied natural gas and sanctions against Gazprom and Russian oil companies. The MEPs advocate adding to the sanctions... #circumventionOfSanctions #Gazprom #Novatek #RussianLNG #SanctionsAgainstRussia #ShadowFleetRussia
The US and the EU cannot agree on the details to provide $50B to Ukraine; the plan’s success is logistically and politically unlikely. The NYT notes that officials from the US and the EU are trying to secure a $50B loan for Ukraine by the end of the year. A decision should be reached before the presidential elections in the US, which... #EuropeanUnion #G7 #HungaryVeto #LoanForUkraine #Sanctions #USelections #WhiteHouse
Pistorius expects the German government to allocate an additional €500M to supply weapons to Ukraine this year. German Defense Minister Boris Pistorius said that negotiations to increase the current Ukrainian aid budget for this year, which currently stands at €7.5B, are “very promising” and are lik... #BorisPistorius #Germany #MilitaryAidforUkraine #WarinUkraine #WeaponsforUkraine
The new composition of the European Commission demonstrates its firm support of Ukraine. The position of Defense Commissioner has been created in the EU and former Prime Minister of Lithuania Andrius Kubilius, an ardent supporter of Ukraine, is the first to hold it. “For those who c... #AndriusKubilius #EUdefense #EuropeanCommission #EuropeanParliament #SupportUkraine
Stoltenberg: Each ally individually determines the conditions for the use of the weapons they provide to Ukraine. Each NATO member state must independently decide whether to allow Ukraine to strike targets on the territory of the Russian Federation with its weapons, said NATO Secretary General Jens Stoltenberg. H... #JensStoltenberg #LongRangeMissiles #LongRangeStrikes #RussianMilitaryTargets #StormShadow #WarinUkraine
Europe lacks the unity to double support for Ukraine while the resources are there. Since the war began, Europe has provided significant assistance to Ukraine, which is something that Putin did not count on, and can increase its support to compensate for a potential termination of th... #GabrieliusLandsbergis #RadosławSikorski #SupportUkraine #WarinUkraine #YesConference
