Day: September 15, 2024

Russian State-Owned Banks Expand Operations in Occupied Territories

Posted by Kyiv Center for Defense Policy | Sep 15, 2024 | Economics |

Russian state-owned banks, including Sberbank and VTB, have begun opening branches in Ukraine’s occupied territories despite Western sanctions. With new locations in areas like Mariupol and Luhansk, this expansion reflects Russia’s growing influence in these regions.

US to Unveil Major Military Aid Package for Ukraine by Month’s End

Posted by Kyiv Center for Defense Policy | Sep 15, 2024 | Economics |

The US will announce a military package for Ukraine by the end of September, says Jake Sullivan. The aid aims to stabilize the front lines and includes fast production of 155 mm artillery rounds and Patriot missiles. Over $700M in support has already been pledged.