EU reportedly to lower price cap on Russian oil at G7 meeting in Canada
The European Union wants to reduce the Russian oil price cap from $60 to $50 per barrel, according to EU officials briefed on the discussions.
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G7
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Trump reverses position on Russia rejoining G7 economic group
US President Trump cited bad timing in his latest comments about Russia's potential return to the G7, contradicting his earlier position on the matter.
Japan to provide Ukraine with $ 3 bn from Russian assets
Japan has become the latest G7 country to extend financial support to Ukraine using the ERA mechanism that utilizes profits from immobilized Russian assets.
North Korea tests new air defense system amid growing Russia partnership
North Korea's missile defense capabilities grow stronger through Russian technological partnerships while Kim Jong Un defies G7 demands to abandon nuclear weapons, instead pledging to expand his country's arsenal.
UK, EU discuss seizing Russian assets to increase Ukraine military funding
UK Foreign Secretary David Lammy and EU diplomat Kaja Kallas will meet in London on 18 March to discuss boosting European defense funding.
G7 warns Russia of oil price caps and new sanctions if ceasefire talks fail
Foreign ministers from the world's seven most advanced economies have issued a unified warning to Moscow, pledging additional sanctions, oil price caps, and increased support for Ukraine if Russia fails to reciprocate Kyiv's willingness to implement an immediate ceasefire on equal terms.
Trump’s team refuses to call Russia “aggressor” in G7 statement as three-year war anniversary looms
Western unity fractures as US diplomats now describe Europe's largest land war since WWII as a "conflict in Ukraine," contradicting three years of consistent international condemnation.
European Union pledges € 35 billion to Ukraine in 2025
The funding will include the EU's loan, backed by frozen Russian assets, and the EU's Ukraine Facility funds.
US delivers first $ 1 billion from frozen Russian asset proceeds to Ukraine
This marks the first time frozen Russian assets have been used to support Ukraine's state budget.
Zelenskyy: ”No ceasefire without clear and comprehensible security guarantees”
The conditions for a potential future ceasefire could determine whether the eventual outcome strengthens or undermines European security for decades to come.
The Economist: Ukraine is winning economic war against Russia
The sustainability of this economic resistance faces critical threats from severe labor shortages, energy vulnerabilities, and most importantly, uncertainty around continued Western financial support.
Ukraine urges transition from freezing to seizing Russian assets
Ukrainian Foreign Minister Andrii Sybiha calls for seizing frozen Russian assets to support Ukraine's defense and reconstruction efforts.
US announces new military aid package for Ukraine
The US will reportedly supply air defense systems, artillery, drones, and armored vehicles.
Russian asset proceeds fund new $20 billion US loan to Ukraine
US Treasury Dept announced the disbursement of $20 billion to Ukraine, marking a significant milestone in the G7's $50 billion extraordinary revenue acceleration initiative.
EU ready to cover $ 50 bn Ukraine loan if US withdraws, says Polish minister
Poland's deputy finance minister stated that the European Union is ready to compensate financially if the US pulls out of G7's Ukraine loan backed by proceeds from frozen Russian assets.
Diamond giants Botswana and Angola agree to push Russia out of market
The world's top 2nd and 4th diamond producers are stepping up to help the G7 and EU prevent Russian stones from entering global markets.
UK’s Lammy dismisses rumors of British troop deployment in Ukraine
UK Foreign Secretary rules out deploying troops to Ukraine, reaffirming support through training and rejecting combat involvement.
EU proposes sanctions on Chinese firms aiding Russia’s drone production
EU's proposed 15th sanctions package targets over 50 individuals and 30 entities, focusing on Chinese firms allegedly aiding Russian military technology development in its Ukraine war.
G7 leaders assure further assistance to Ukraine in its war against Russia “for as long as necessary”
As Ukraine marks 1,000 days of war, G7 leaders have acknowledged the country's "enormous suffering" while praising its unprecedented resilience.
Ukraine to receive first Canada-ordered NASAMS system by year-end
Zelenskyy announced this after a call with Trudeau, where they discussed the Montreal Peace Formula conference, Victory Plan, and North Korea’s involvement in the war.