Category: 9. Business
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A sharp political turn: The US declines to identify Russia as an “aggressor” in G7 statements and refuses to co-author a UN resolution on Ukraine.
The US opposes the use of the word “aggressor” for Russia and similar formulations that G7 leaders have used since 2022 in statements connected with the third anniversary of the invasion of Ukraine. The Trump administration’s insistence on softening the wording… Continue Reading
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Europe is exploring options to restore its military power in light of rising Russian rhetoric.
According to the EU’s top diplomat, Kaia Kallas, discussions have intensified on how to boost defense spending, with joint financing increasingly becoming part of the conversation. The bloc may also look into redirecting unused funds from the COVID recovery package…. Continue Reading
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Trump to rewrite Ukraine minerals deal, and pressures Zelenskyy to sign it.
The Trump administration may push for a “simplified deal” with Ukraine on its mineral reserves to hasten the peace process and then later negotiate more detailed terms. Last week, President Zelenskyy rejected a deal that would have given the US 50% of Ukraine’s… Continue Reading
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Starmer and Macron are heading to Washington with a plan for a Ukrainian peacekeeping mission.
French President Emmanuel Macron and British Prime Minister Keir Starmer will travel to Washington next week for meetings aimed at ending Russia’s war against Ukraine. Starmer is expected to present Donald Trump with a proposal to deploy up to 30,000 European troops in… Continue Reading
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The President of Lithuania has unveiled his own plan to support Ukraine, calling for an urgent €10B investment in Ukraine’s defense.
Following the second round of emergency talks between European and Canadian leaders on Wednesday hosted by French President Emmanuel Macron, Lithuania’s Head of State, Gitanas Nauseda, urged allies to take decisive action to support Ukraine and bolster European… Continue Reading
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Second emergency meeting in Paris: France and Germany are ready to take responsibility for peace and security in Ukraine and Europe.
After discussions in Paris on Monday, French President Emmanuel Macron held another urgent meeting focused on Ukraine on February 19. He spoke with several leaders from the EU, Canada, Iceland and Norway. “The position of France and its partners is clear and united. We… Continue Reading
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The EU’s new Russian sanctions will sever 13 additional Russian banks from SWIFT.
Another 13 banks will be removed from the international payment system as part of the 16th package of EU sanctions. Representatives from 27 EU countries, including Hungary, agreed upon this new set of measures. Russia has reported that 95% of its banking system is… Continue Reading
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Europe must overcome its geopolitical stupor and accelerate the development of its defense strategy, which will include investments in Ukraine.
“I spoke about the need to wake Europe from its economic and geopolitical stupor… Recent events and a different perspective from the US now compel us not only to confront the truth, but also to act swiftly and implement solutions that we have been discussing for some… Continue Reading
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Trumps statements concerning Ukraine are not justified: How much money has the US actually spent on Ukraine during the three-year war?
Since the start of Russia’s full-scale invasion of Ukraine in February 2022, the US Congress has allocated around $183B to Ukraine, not $350B as President Donald Trump claims, according to data from the interagency oversight group responsible for presenting reports to… Continue Reading
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Lending to small and medium-sized businesses is on the rise in Ukraine.
The proportion of hryvnia loans for small and medium-sized enterprises is increasing rapidly, with a 22.1% surge in volume over the past year, said Andriy Pyshny, NBU Chairman. “Throughout the year, the growth in the volume of loans to businesses reached 20.6%. Net… Continue Reading