The U.S. Treasury and State Departments have quietly urged large banks, including JPMorgan and Citigroup, to keep doing business with some strategic Russian firms, Bloomberg reported, citing unnamed sources familiar with the matter.
According to Bloomberg, the effort signals the Biden administration is looking to strike a balance between hindering Russia's invasion of Ukraine and avoiding adverse impacts of sanctions designed to punish Russia for the war.
"We consider these searches to be another wave of attack on Vitaliy Shabunin and the Anti-Corruption Action Center for criticizing the Presidential Office and (Presidential Office head) Andrii Yermak personally," the center said.
The Ukraine-U.S. Reconstruction Investment Fund will provide opportunities not only for U.S. companies but also for other countries, representatives of the U.S. International Development Finance Corporation said during a workshop at the Ukraine Recovery Conference in Rome on July 11.
A source in Ukraine's military intelligence told the Kyiv Independent the attack had destroyed a section of a key pipeline supplying Russian military-industrial facilities in Chelyabinsk, Orenburg, and Sverdlovsk oblasts.
Ukraine and the EU will allocate 100 million euro ($117 million) to boost battlefield-driven solutions under the newly-launched BraveTech EU initiative, announced at the Ukraine Recovery Conference (URC) in Rome on July 11.
Since the beginning of Russia’s full-scale invasion of Ukraine in 2022, war has become a daily reality for thousands of Ukrainian children. Some Ukrainian military units, such as the Azov Brigade, offer boot camps for teenagers to teach them the basics of self-defense, first aid, dry firing, and other survival skills — helping them prepare for both the realities of today and the uncertainties of the future.
Russian authorities confirmed that Colonel Sergei Ilyin, commander of Russia's 155th Marine Brigade, has been buried, without disclosing the cause of death.
A Russian attack against the southern city of Odesa injured at least eight people and damaged residential areas, local authorities reported.
Russia's Defense Ministry claimed its forces downed 155 Ukrainian drones overnight, including 53 over Kursk Oblast and 13 over Tula Oblast.
"As a result of the explosion, a satellite communication hardware station—intended by Russian military leadership to coordinate occupying forces—was also destroyed," Ukraine's military intelligence said.
U.S. Special Envoy for Ukraine Keith Kellogg will arrive in Kyiv on July 14 for a week-long visit, he told a Novyny Live journalist at the Ukraine Recovery Conference in Rome.
The deal is one of the largest publicly disclosed investments in Ukrainian defense technology since Russia's full-scale invasion began in 2022.
Regional authorities reported casualties in at least six Ukrainian oblasts over the past day.
The media investigation has identified 523 foreign nationals from 28 countries who were killed while serving in the Russian army.
During several months of testing, the system intercepted nearly 550 Russian drones over Kyiv Oblast, an official said.
