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7:32 AM
Russian milbloggers are speculating that the Russian Ministry of Defense removed Lieutenant General Andrey Sychevoy from his post commanding the Bakhmut direction due to poor performance south of the city, near Klishchiivka and Andriivka, the Institute for the Study of War (ISW) reported in its daily assessment on Oct. 2.
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The Biden Administration is planning to deliver a new defense aid package "soon," White House Press Secretary Karine Jean-Pierre stated at a press conference on Oct. 2.
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2:33 AM
Pentagon Comptroller Michael McCord warned the U.S. Congress that diminishing funds for Ukraine could cause delays in critical weapons and supply shipments, the Associated Press reported on Oct. 2.
12:13 AM
Germany has transferred over 32,000 rounds of 40-mm ammunition, dozens of all-terrain and border protection vehicles, and other military equipment to Ukraine as part of its latest aid package, the German government reported on Oct. 2.
11:35 PM
"The Ukrainians are still in a situation where they are acutely short of artillery ammunition… Denmark will contribute to more joint purchases of ammunition and remains prepared to support Ukraine in the long run," Danish Defense Minister Troels Lund Poulsen said.
10:46 PM
The mayor of Sumy and chief of the city council’s infrastructure department were arrested when receiving the last tranche of a Hr 2.13 million ($58,000) bribe, Ukraine’s Security Service (SBU) reported on Oct. 2.
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Parliament adopts law to allow insurance against war risks

by Martin Fornusek May 30, 2023 12:31 PM 1 min read
This audio is created with AI assistance

Ukraine’s parliament adopted a law allowing insurance of investments in Ukraine against war risks, Ekonomichna Pravda reported on May 30.

The decision was supported by 241 out of 450 lawmakers.

The law expands the capabilities of the Export Credit Agency, allowing it to insure both domestic and foreign investments against the risks caused by armed aggression or terrorism.

These investments have to be used for creating facilities and infrastructure needed for industrial production and exports of Ukrainian origin.

Update: At least 1 dead, 13 injured after night attack on Kyiv Oblast
At least 13 people were injured and one woman died after the Russian overnight drone strike against Kyiv Oblast and the capital on May 30, the Kyiv police reported on Telegram.

According to the current legislation, the Export Credit Agency can insure Ukrainian investments only in other countries.

According to the Kyiv School of Economics, by January 2023, the total damages of the Russian invasion of Ukraine reached $138 billion in terms of destoryed or damaged infrastructure.

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