Russian dictator Putin is convinced that his troops will break through Ukrainian defenses and take full control of four Ukrainian regions by the year’s end. According to Bloomberg, his confidence suggests he is unlikely to make any significant concessions. Thus, US…
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Trump Reveals What Putin Told Him About Melania During Two-Hour Call: Live Updates
President Donald Trump gave an insight into the discussion between himself and Russian leader Vladimir Putin during their two-hour call today.
While the focus was on peace negotiations for the war in…
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The EU has approved a €150B rearmament fund aimed at enhancing support for Ukraine.
As reported by Reuters, the EU nations have come to a preliminary agreement on establishing a new credit mechanism for rearmament purposes entitled the Security Action For Europe (SAFE), which is valued at €150B. This initiative was introduced by the European…
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The EU plans to propose reducing the price cap on Russian oil to the G7 nations as part of its 18th sanctions package.
European Commissioner for Economic Affairs Valdis Dombrovskis did not specify the proposed reduction, but may suggest lowering the cap from the current $60 to $50 per barrel. Dombrovskis intends to formally present this proposal during a meeting of G7 finance ministers…
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In Ukraine, the share of NPLs is projected to fall to pre-war levels this year.
In the first three months of 2025, the share of NPLs in the banking sector decreased to 28.6%, which is 1.7 percentage points lower than at the beginning of the year and 8.8 percentage points lower than at the start of 2024 (37.4%). For the first time since 2022, this…
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Russian Conscripts Can’t Be Sent Into Battle. This One Was. And He’s Not Happy About It.
In December 2023, along with tens of thousands of other 18-year-old men, Aleksandr, from the Siberian city of Ulan-Ude, was called up for mandatory military service in the Russian armed forces.
Four months later, and nearly 7,000 kilometers to the west, he found himself digging foxholes and…
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Ukraine’s subsoil agreement with the US: How many dormant licenses are there in Ukraine, and what resources can be extracted?
As reported by the State Service of Geology and Subsoil, of the special permits for subsoil use issued in Ukraine, 154 are deemed dormant – indicating that less than 1% of the mineral reserves’ balance has been utilized over the past decade. This accounts for under…
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More than a third of Ukrainian bank deposits are held in foreign currency, despite their lower profitability.
According to the NBU, as of April 1 ₴1.392T was held in banks and protected by the Deposit Guarantee Fund (DGF). Since the start of the year, this amount has hardly changed (+₴0.6B). Meanwhile, in 60 banks participating in the DGF, there were 70.4 million deposits…
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