In his address to the Ukraine Recovery Conference in Lugano, Switzerland, Prime Minister Denys Shmyhal said that the cost of the post-war recovery plan is estimated at $750 billion, adding that the main source of funding should be assets confiscated from Russia and its tycoons. According to various estimates, they amount to $300-500 billion. Loans and grants from allies and international organizations could cover the rest, as well as private sector investment, and contributions from individuals and companies, he said.
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Ukraine war latest: Drones attack Russia's Black Sea Fleet; Russian pipelines explode in country's Far East, HUR says
Pipelines supplying Russian military explode in Russia's Far East, HUR source says
Ukrainian drone strike on Russian airfield hits bomb depot, aircraft
Drones reportedly attack Russia's Black Sea fleet
'Impeccable results' — New Skynex video shows Ukrainian forces destroying Russian drones with German gun
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Friday, July 18
The tanks were promised to Kyiv in October 2024, but delivery was reportedly delayed due to resistance from the U.S. The remaining tanks will arrive "in the coming months."
"I will be looking for a person to lead this area," First Deputy Prime Minister and Digital Transformation Minister Mykhailo Fedorov wrote.
"The enemy continues to use small infantry groups, but they are powerless in their attempts to capture Pokrovsk," Oleksandr Syrskyi, Commander-in-Chief of Ukraine's Armed Forces, reported July 18.
"For us, the absolute top priority is, first and foremost, to do everything possible to end this war," German Chancellor Friedrich Merz said.
The Russian oil giant has been trying to sell its 49.13% stake in India's Nayara refinery, but the EU's latest sanctions package could make such a deal too risky for buyers.
Turkish President Recep Tayyip Erdogan told Russian President Vladimir Putin that launching a third round of negotiations is important and that Turkey is prepared to host discussions in Istanbul once both sides agree on a date.
In an exclusive interview, Ukrainian anti-corruption activist Vitaliy Shabunin speaks out on what he says is a politically motivated criminal case against him, as well as corruption and the democratic backsliding in Ukraine.
"We're striking at the heart of the Russian energy sector alongside the EU," British Foreign Secretary David Lammy said.
According to the case file, he was struck in the face and torso by an enlistment officer. After he collapsed, the officer hit the man with a stun gun at least three to four times and struck his head against the floor multiple times, the records show.
Civic watchdogs argue that Tsyvinsky's candidacy was rejected because the President's Office sees him as too independent.
