This time, a Russian team, consisting of 15 members, will be led by Vladimir Medinsky, Putin’s close aide. Russia explained the shift in focus in their discussion topics during this stage of negotiations. Analysts warn this could cause a “setback”, as previous…
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The Central Bank of Russia recognizes that oil prices will decrease, which could influence the Kremlin’s position on the war.
In its updated macroeconomic forecast for this year, the Russian state bank reduced its average Urals crude oil price forecast to $45 per barrel, its lowest level since the pandemic, marking a 25% drop from the budget target of $59 and $10 below October estimates. The…
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The IMF has waived the initial conditions for Ukraine’s new $8.1B loan program.
These include requirements related to VAT for individual entrepreneurs (FOP), customs duties on parcels, digital platform taxes, and military levies, according to Ukraine’ s Prime Minister Yulia Svyrydenko. “We expect that the issue of Ukraine will be brought up at…
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London, along with its European allies, is preparing to seize Russian shadow fleet vessels.
British Defense Secretary John Healey met with his counterparts from the Baltic and Northern European countries to discuss the seizure of oil tankers linked to Russia’s shadow fleet. The meeting of the Joint Expeditionary Force, a group of 10 countries with common…
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The EU is not yet ready to set a date for Ukraine’s accession.
At the Munich Security Conference on Sunday February 15, Latvian President Edgars Rinkēvičs and EU chief diplomat Kaja Kallas stated that the EU has not established a specific date for Ukraine to join the bloc. Rinkēvičs pointed out that the EU recognizes Ukraine’s…
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A Czech company has been unable to fully launch localized production of 155-mm ammunition in Ukraine due to a lack of orders.
Czech defense-industrial group Czechoslovak Group (one of the main manufacturers of artillery shells for Ukraine) was unable to implement its plan to localize 155-mm ammunition production in Ukraine due to unstable customer demand. By the end of 2025, the goal was to…
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In 2026, the United States will supply Ukraine with €12B in weapons under the PURL mechanism.
In 2026, the US will produce and transfer weapons to Ukraine valued at approximately €12B ($14.25B), financed by European countries and Canada, NATO Secretary General Mark Rutte said. According to him, the US transfers weapons worth about €1B every month. Rutte added…
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During the Ramstein format meeting, the allies pledged $38B in military support to Ukraine for 2026.
Kyiv agreed with the allies on the urgent supply of Patriot missiles from their warehouses. Ukraine’s partners pledged the following contributions:
- Britain allocates £500M for air defense and £150M for the PURL initiative. In total, London will provide £3 billion…
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As a result of Russian attacks on Ukraine’s energy sector, the country lost ₴12B in tax and customs revenue in January.
Prime Minister Yulia Svyrydenko explained that restrictions on electricity supply led to a decline in business activity across Ukraine, resulting in businesses contributing ₴12B ($280M) less to the state budget. President Volodymyr Zelenskyy emphasized at the Munich…
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The Ministry of Economy has approved the construction of a large wind farm in Transcarpathia, with a capacity of 156 MW.
This decision was made following the completion of an environmental impact assessment and consideration of various comments. The Polonyna Runa project will involve the installation of 30 wind turbines, each with a capacity of up to 5.5 MW. It is estimated that the wind…
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