United Kingdom’s Prime Minister Keir Starmer gave a highly public show of support for Ukraine’s Volodymyr Zelensky. UK Minister Starmer embraced Ukrainian President Zelenskyy on the steps of No. 10 Downing Street in London during a meeting.
United Kingdom’s Prime Minister Keir Starmer gave a highly public show of support for Ukraine’s Volodymyr Zelensky. UK Minister Starmer embraced Ukrainian President Zelenskyy on the steps of No. 10 Downing Street in London during a meeting.
Ukraine and the UK signed an Emergency Loan Agreement of £2.26 billion for the purchase of defence materials. The funds are part of the G7 $50 billion Extraordinary Revenue Acceleration for Ukraine (ERA) mechanism. The loan will be serviced and repaid from future profits generated from frozen Russian sovereign...
European leaders rallied to defend Ukrainian President Volodymyr Zelenskyy after United States President Donald Trump and Vice President JD Vance subjected him to a tirade of withering and infantilizing abuse in the Oval Office in Washington, DC.
The United States has provided roughly $183 billion in aid to Ukraine since Russia’s full-scale invasion of Ukraine, with $65.9 billion spent on military support, according to the Pentagon and an inter agency oversight group responsible for reporting to Congress.
The United States Trump administration’s freeze of foreign funding has begun impacting an international effort to hold Russia responsible for alleged war crimes in Ukraine, according to numerous sources and a Ukrainian document seen by Reuters. However there are other issues.
Rosatom, Russia’s state-owned nuclear giant, earns over $18 billion a year while expanding global influence. Financing and building reactors abroad, it locks nations into dependency—yet despite its role in Moscow’s war machine, it remains untouched by sanctions.
Ukraine’s NGOs are reeling from a U.S. aid freeze that halted vital development funds, forcing program suspensions, layoffs, and closures. As organizations scramble for private support, the loss underscores Ukraine’s deep reliance on foreign assistance amid war and economic strain.
The US imposed sanctions on over 200 entities, including Gazprom Neft and Surgutneftegas, and individuals involved in Russia’s energy sector and identified over 180 vessels as blocked property. This wide-ranging, robust action will further constrain revenues from Russia’s energy resources and degrade Putin’s ability to fund his illegal war against Ukraine.
“When Putin was presented with the Russian presidency more than 25 years ago, the annual gas transit through Ukraine to Europe totaled more than 130 billion cubic meters. Today, it equals 0. This is one of Moscow’s biggest defeats. As a result of Russia weaponizing energy and resorting to cynical blackmail of partners, Moscow lost one of the most profitable and geographically accessible markets” – Ukrainian President Volodymyr Zelenskyy.
The European Bank for Reconstruction and Development (EBRD) and Aon, a global insurance and reinsurance broker, announced the launch of a €110 million Ukraine Recovery Guarantee Facility (URGF). This initiative aims to provide reinsurance support to international reinsurers and Ukrainian insurance companies, covering war-related risks in Ukraine.
Ukraine signed an Agreement on the establishment of the Ukraine Loan Cooperation Mechanism (ULCM), which will create a legal framework for servicing and repayment of funds received by Ukraine, up to €45 billion. The mechanism will allow the use of proceeds from frozen Russian assets to cover the principal amount of the loan raised from partners under the G7 ERA initiative, as well as interest and any other costs associated with the loan.
Ukraine has joined the Joint Statement on behalf of 59 states in support of the full implementation of the provisions of the Chemical Weapons Convention, including the prohibition of the use of riot control agents as a method of warfare. Ukraine has documented 4,950 incidents of Russia’s use of munitions containing hazardous chemical substances since February 2023.