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Global Peace Summit

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Russo-Ukrainian War, day 859: Ukraine faces potential default, while German Foreign Minister names support to Ukraine as investment in European security

The Economist reports that Ukraine faces a potential default as the debt freeze is set to expire on 1 August, with only a fraction of international assistance being provided as direct cash support. German Foreign Minister Annalena Baerbock stressed that supporting Ukraine is an investment in European security rather than a "charity gesture".