Russo-Ukrainian War, day 1021: Ukraine begins mass production of new domestic weapon systems
Meanwhile, the Czech PM warned allies against appeasing Putin while announcing increased defense spending.
Browsing Tag
assets
20 posts
Bloomberg: US, EU finalize $ 50 billion aid for Ukraine amid disputes over frozen Russian assets
The final proposal from the G7 nations is expected to come at a ministerial meeting on 25 October.
Freeland says Ukraine to receive funds from frozen Russian assets loan soon
Canada’s Finance Minister Chrystia Freeland has expressed optimism that the global initiative to finance Ukraine’s military efforts through frozen Russian assets will soon be implemented.
Ukraine still awaits $ 50 billion from frozen Russian assets amid legal and political uncertainty
Despite commitments from G7 countries, no concrete steps have been taken, leaving Ukraine without the funds needed for reconstruction and defense.
Zelenskyy praises Western permission to use its weapons to strike inside Russia at G7 Summit, calls for more “Patriots” and F-16 jets
Zelenskyy said that the recent decision to use Western weapons outside Ukraine has bolstered the defense of Kharkiv.
AP: G7 leaders agree to lend Ukraine billions in Russia’s frozen assets
The agreement was reached in Italy on 13 June.
Reuters: US eyes profits from frozen Russian assets to provide Ukraine urgent aid
The U.S. and its G7 allies are advancing discussions on tapping into profits from frozen Russian assets to provide Ukraine with urgently needed funds, a senior US Treasury official said.
Ukrainian deputy urges allies to impose taxes on Russian imports for country’s reconstruction
Ukraine plans to create a fund to gather various reparation sources and ensure compensation payments for its citizens.
US Treasury Secretary: Frozen Russian assets could aid Ukraine through various means
Options include using assets as collateral for Ukraine to borrow against or following EU's approach of segregating interest earned on Russian assets to transfer to Ukraine
Reuters: G7 officials discuss options to expedite financial aid for Ukraine amid future funding uncertainties
Amid mounting uncertainties surrounding Ukraine's financial future, a proposal by the United States to harness future interest earned on frozen Russian assets to aid Ukraine is gaining momentum among the Group of Seven nations.
G7 ministers fail to agree on Russian asset use for Ukraine aid
Lagarde said it was not possible to transition from freezing assets to potentially confiscating and reallocating them, a process she described as fraught with legal peril.
FT: US proposes debt to fund Ukraine using profits from Russian assets
The US hopes that the idea could generate tens of billions dollars for Ukraine.
Ukrainian MP urges UK to use frozen Russian assets to support war effort
Rudyk argued that utilizing these funds would not only relieve the burden on taxpayers but also hold Putin accountable.
EU aims to fast-track up to €3 billion for Ukraine from frozen Russian assets this July
The European Union is embarking on a initiative to expedite the release of up to €3 billion in funding for Ukraine, generated from frozen Russian assets.
VOA: US, allies propose diverse strategies to confiscate Russian assets for Ukraine’s reconstruction
In recent weeks, there has been growing momentum behind efforts to permanently seize the frozen Russian assets worth…
FT: G7 working groups explore options to confiscate Russian assets
The US has proposed G7 working groups study ways to confiscate $300 billion in frozen Russian assets and use them to support Ukraine before the February 24 invasion anniversary.
G7 nations lean towards seizing Russian assets
The U.S., initially hesitant, now assures G7 allies it can legally seize Russian assets.
UK foreign secretary urges use of $350 bn frozen Russian assets for Ukraine’s reconstruction
UK Foreign Secretary David Cameron said there is a strong argument for seizing frozen Russian assets worth nearly…
Bloomberg: EU to unveil plan to tap frozen Russian assets in December, sources say
The European Commission reportedly plans to unveil its legislative proposal to impose a windfall tax on profits generated…
Sky News: EU demands ”decisive progress” on frozen Russian assets for Ukraine
European Union leaders will hold technical talks on 17 October on using Russian assets frozen by sanctions to…