Denys Shmyhal, Prime Minister of Ukraine, is received in Berlin in October 2023. (Kay Nietfeld/picture alliance via Getty Images)
Ukraine will leverage funding from the European Investment Bank (EIB) to complete 28 existing projects and launch 186 new initiatives, Prime Minister Denys Shmyhal announced on Nov. 17.
“We are talking about the reconstruction and construction of schools, hospitals, kindergartens, administrative buildings, health centers, sewage treatment plants and other facilities.”
The government also anticipates receiving a $1.1 billion loan from the World Bank to be used for social benefits, education, medicine, and other priority needs.
Lance Luo (Li P. Luo) is a news editor at the Kyiv Independent. Previously, he worked at Radio Free Europe/Radio Liberty and Hromadske Television in Kyiv. He also spent three years in finance and strategy consulting. Mr. Luo graduated from the University of Southern California and serves as an arbitrator at FINRA.
France declined to join the plan because of President Emmanuel Macron's push for European nations to strengthen their own defense industries by purchasing domestically produced arms, Politico reported, citing French officials.
In Kharkiv, at least 17 explosions rocked the city in 20 minutes amid a massive Russian drone strike. Explosions, power outages, and mass strikes have been reported in multiple cities.
The aircraft, operated by the airline Vzlyot, disappeared on July 14 during a flight from the remote settlement of Okhotsk to the city of Magadan, according to the state news agency TASS.
According to Reuters, Russian President Vladimir Putin sees no reason to back down. Instead, the undisclosed sources say the Russian leader is confident that Russia's military and economy can withstand additional Western pressure.
Russian forces launched 400 drones against Ukraine in another mass attack overnight, including up to 255 Shahed-type "kamikaze" drones, as well as one Iskander-M ballistic missile, the Air Force said.
"They're already being shipped," U.S. President Donald Trump told reporters when asked about Patriot missiles and other weaponry. "And in all cases, the United States gets paid back in full."
Daniel Martindale, an American who secretly provided intelligence to the Kremlin while living in Ukraine, was granted Russian citizenship during a televised ceremony in Moscow on July 15.
A new Finnish law banning Russian and Belarusian citizens from purchasing real estate took effect July 15, part of a broader effort to bolster Finland's national security amid Russia's increasingly aggressive posture in the region.
Footage shows drone operators with the Omega Wings special operations unit of Ukraine's National Guard taking out a Russian 2S19 Meta-S self-propelled howitzer.
The U.S. government’s development finance agency has started looking for a company to manage a joint U.S.-Ukraine investment fund, Ukraine’s Economy Ministry said in a July 15 press release.
U.S. President Donald Trump's remarks come after the Financial Times (FT) reported, citing undisclosed sources, that he asked President Volodymyr Zelensky whether Kyiv could strike Moscow or St. Petersburg if provided with long-range U.S. weapons.
"The government coalition rejects the imbecile proposal of the European Commission to stop the flow of Russian gas from 2028," Slovak Prime Minister Robert Fico said.
