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Dmitry Medvedev, the deputy head of Russia’s Security Council and a former Russian president, claimed that the U.K. is leading an “undeclared war against Russia” by supplying Ukraine with weapons, making British officials “legitimate military targets.”
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Russian attacks killed one civilian in Donetsk Oblast's Chasiv Yar and injured six in other regional settlements, Governor Pavlo Kyrylenko said on May 31. Seven more people, including a child, were reportedly wounded in Dnipropetrovsk, Kherson, and Kharkiv oblasts over the past 24 hours.

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Reuters: EBRD expects record 2022 loss due to Russia, Belarus portfolio

by The Kyiv Independent news desk January 19, 2023 5:51 PM 1 min read
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The European Bank for Reconstruction and Development forecasts to suffer a record loss in 2022 due to the significant blow caused by the war in Ukraine to its portfolio holdings in Russia and Belarus, Reuters reported citing EBRD President Odile Renaud-Basso.

The bank had around $1 billion in its Russia and Belarus-focused portfolio before Russia unleashed its full-scale war against Ukraine. This portfolio is “fully provisioned”, according to Renaud-Basso, who spoke to Reuters on the sidelines of the World Economic Forum’s annual meeting in Davos on Jan. 19.

According to the EBRD chief, the record loss would follow the record profit the bank experienced the previous year.

The bank is committed to sending 3 billion euros to Ukraine by the end of this year, she said. Ukraine had already received part of this installment amounting to 1.7 billion euros last year.

Even after sanctions, Russian economy can pay for war

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