In his evening address on October 23, President Volodymyr Zelensky announced that the U.S. would allocate $20 billion for Ukraine as part of a pledge of $50 billion by the Group of Seven.
During the G7 summit held in Italy in June, G7 leaders confirmed publicly the plan to give Ukraine a $50 billion loan before the end of the calendar year. The loan will be repaid with interest from billions of frozen Russian assets.
“This will really support us.” Zelensky thanked the U.S. as well as the entire G7 for their support.
Daleep Singh is the White House’s deputy national security advisor for international economics. He told the Associated Press that Joe Biden intends to divide the funds between the Ukrainian economy and military.
Singh said, “To be clear: this has never been done before.”
“Never before, a multilateral alliance has frozen the assets of a country that is committing aggression and then used the value of these assets to fund the defence of the aggrieved side while maintaining the rule of law.”
Denys Shmyhal, Prime Minister of Ukraine, said that the funds provided by Western partners under this initiative would meet Ukraine’s major financial needs in 2025.
“Our allies have created a solid foundation to support the economic and financial stability of Ukraine,” Shmyhal said.
The EU and the U.S. were to cover the bulk of the $50 billion loan, each assuming $20 billion. The remaining $10 billion would be provided by Japan, the U.K. and Canada.
This plan was in doubt as the U.S. refused to commit until the EU extended sanctions that immobilized Russian assets. This step requires a unanimous vote which is currently blocked by Hungary, EU’s most Kremlin friendly member.
The U.S. indicated that it would still be willing to participate in the loan – albeit at a reduced amount of $5 billion, which is equivalent to the Russian assets owned domestically.
Daleep Singh is the White House’s deputy national security advisor for international economics. He said that Joe Biden intends to divide the funds between helping Ukraine’s economy and its military.
The statement read: “The next step will be advanced fast jet training with partner nations and conversion to F-16.”
“The situation in Toretsk is relatively stable.” “We (Ukrainian Forces) are now holding our line unchanged,” Anastasiia Bobbyvnikova, spokesperson for the Operational Tactical Group Luhansk said.
Park Sun-won is a member of the parliamentary intelligence committee. He said that signs of troops being trained in North Korea had been detected between September and October.
The 24-hour “I Want to Live”, hotline launched by Ukraine’s Main Directorate of Intelligence in September 2022, helps Russian soldiers willingly surrender their units or themselves to the Ukrainian Army.
Ivan Petrychak of the 24th Mechanized Brigade press service had said on national TV that the Russian military had breached the defenses, but that there were no signs indicating the potential loss of the city.
According to reports, the secret clause allowed North Korea to send its first 1,000 soldiers to Ukraine in order to gain military training. The source told the WSJ that more North Korean troops will be deployed.
Ukrainska Pravda reported on October 23 that Ruslan Muzychuk, a spokesperson for the National Guard of Ukraine, said that the troops had repelled 13 Russian attacks near the town Selydove located in the Donetsk Region over the last day.
According to a poll conducted by independent Levada Center from Sept. 10 to 17, 61% of Putin supporters said that they supported peace in Ukraine with mutual concessions.
The planes are reportedly equipped with long-range missiles SCALP/Storm Shadow and French guided bombs AASM.
U.S. Defense secretary Lloyd Austin said that there is evidence of DPRK troops present in Russia.
After arriving at Tbilisi Airport on October 22 to cover the upcoming elections, Czech journalist Ray Baseley had his entry to Georgia denied without explanation.
Denys Shmyhal, the PM, said that “the funds will be used for important non-military spending.”
According to the SBU the suspects planned to detonate an improvised explosive in a crowded area in Ukraine’s capital in order to cause “the greatest number of civilian deaths” as well as to create panic.
The U.K. seeks partners to co-finance “hundreds” of additional naval drones, as well as surveillance cameras to protect Ukraine’s grain canal.
A source close to the Presidential Office said that the document would address Ukraine’s military and political, as well as economic, and other fields, including certain decisions relating to law enforcement.
Kyrylo Budanov, the chief of military intelligence, claimed that Russia’s support for nuclear capabilities includes technologies for smaller tactical weapons and submarine missile launch systems.
The Air Force reported that Ukrainian air defenses destroyed 57 of 81 Shahed type drones launched overnight. The Air Force reported that 15 drones were destroyed, and nine others are still in the Ukrainian airspace as of publication.
“This is the wrong choice and does not advance peace.” The U.N. will only be damaged by this decision, according to the Ukrainian Foreign Ministry.
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