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4:12 PM
Ukrainian drones successfully struck a helicopter base in Sochi and an aircraft factory in Smolensk on Oct. 1, according to reports by Russian Telegram channels and Ukrainska Pravda.
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7:27 AM
Russian forces launched another drone attack targeting Ukraine's southern oblasts overnight on Oct. 1. Ukraine's air defense downed at least 15 drones over Odesa and Mykolaiv regions, Natalia Humeniuk, spokesperson of Ukraine's Southern Operational Command, said on air.
6:50 AM
U.S. President Joe Biden signed a law averting a government shutdown that was set for midnight, according to the White House. Biden said that although the bill does not include financial assistance for Ukraine, he expects Speaker Kevin McCarthy "will keep his commitment to the people of Ukraine and secure passage of the support needed to help Ukraine at this critical moment."
5:49 AM
Following a passage of a bill to avoid a government shutdown, top U.S. Senate leaders issued a rare bipartisan statement affirming their commitment to Ukraine. They expect the Senate will work "to ensure the U.S. government continues to provide critical and sustained security and economic support for Ukraine."
4:36 AM
At least four explosions were heard in Kharkiv, city Mayor Ihor Terekhov said via his official Telegram channel in the early hours of Oct. 1. Two explosions were also reported in the city of Snihurivka in Mykolaiv Oblast, according to regional authorities.
5:50 PM
"Odesa is a beautiful historic city. It should be in the headlines for its vibrant culture (and) spirit," Borrell wrote on Twitter. "Instead, it marks the news as a frequent target of Putin's war."
5:15 PM
According to President Volodymyr Zelensky, he and Slovak Defense Minister Martin Sklenar discussed cooperation with Slovakia regarding the Ukrainian military's needs, the situation at the front line, and de-mining.
12:25 PM
Among other capabilities, the alliance will eventually pave the way for Ukraine to localize production of licensed foreign weapons on Ukrainian soil, said Andriy Yermak, head of the president's office. During his recent visit to Washington, Zelensky and U.S. President Joe Biden agreed to have their teams hammer out a roadmap for this kind of localization.
11:21 AM
The ministry reported that, as Russia was attacking Ukraine's ports on the Danube river, air alert sirens were activated in the nearby Romanian cities of Tulcea and Galati as radar systems detected an unsanctioned object heading towards the latter in Romania's airspace.
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Minister: UK to provide further $500 million in loan guarantees for Ukraine

by The Kyiv Independent news desk April 13, 2023 2:05 PM 1 min read
This audio is created with AI assistance

U.K. Finance Minister Jeremy Hunt said on April 12, as cited by Reuters, that his country was ready to provide Ukraine with an additional $500 million of loan guarantees, bringing the total this year to $1 billion.

According to Hunt, the U.K. credit guarantees played a significant role in securing the International Monetary Fund's wider four-year support package for Ukraine worth $15.6 billion.

"This funding will boost Ukraine's economic resilience and bolster its resistance against Russia," the minister said, as quoted by Reuters.

The U.K. has so far committed to 6.5 billion British pounds ($8.1 billion) in support to Ukraine following the full-scale Russian invasion.

The latest loan guarantees will help fund Ukrainian state institutions such as schools and hospitals, according to the U.K.'s finance ministry.

IMF approves more than $15 billion program for Ukraine
Around $2.7 billion will be immediately disbursed, the IMF wrote in its statement, to sustain economic and financial stability “at a time of exceptionally high uncertainty” in Ukraine.
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