Skip to content

News Feed

3:31 PM
The Russian Interior Ministry put the Chairman of the International Criminal Court Piotr Hofmanski, his deputy Luz del Carmen Ibanez Carranza, and Judge Bertram Schmitt on the list of wanted persons, the Mediazona news outlet reported on Sept. 25, referencing the ministry's database.
Ukraine Daily
News from
Ukraine in your
12:51 PM
Russia is growing increasingly less reliant on Western services when shipping out its oil, allowing it to more successfully avoid the $60-per-barrel price cap set by the Group of Seven (G7), the Financial Times reported on Sept. 25.
7:25 AM
Russian forces launched 19 Shahed-136/131 attack drones overnight on Sept. 25 targeted against Odesa Oblast, as well as two Onyx supersonic missiles, according to Ukrainian military. At least 19 Shahed drones and 11 Kalibr cruise missiles were downed by Ukraine's air defense mostly over Odesa Oblast.
2:46 AM
Russian forces shelled six communities in Sumy Oblast on Sept. 24, firing almost 80 rounds from various types of weapons, the Sumy Oblast Military Administration reported on Telegram.

watch us on facebook

Edit post

South Korea to offer $52 billion for Ukraine's reconstruction projects

by Martin Fornusek July 14, 2023 1:06 PM 2 min read
This audio is created with AI assistance

South Korea will offer assistance worth $52 billion to Ukraine's reconstruction projects, the Korea Herald reported on July 14, citing South Korea's presidential office.

The Ukrainian government has requested the involvement of South Korean companies in around 5,000 projects, estimated at $20 billion, said presidential economic secretary Choi Sang-mok.

In addition, Seoul will extend support to the Ukrainian private sector worth $32 billion, the Korea Herald cited Choi.

The assistance will focus on the construction of schools, housing, and hospitals. Seoul also plans to assist Ukraine in rebuilding water infrastructure after the destruction of the Kakhovka dam, the outlet wrote.

The private sector aid will reportedly encompass nuclear power plants, airport reconstruction, construction machinery, railway vehicles, and information technology.

During a visit to Poland that took off on July 13, South Korea's President Yoon Suk Yeol said that Seoul will cooperate with Warsaw on the reconstruction projects.

According to the World Bank's assessment from March, Ukraine will need at least $411 billion for recovery and reconstruction. This figure equals 2.6 times Ukraine's projected gross domestic product in 2022.

The Asian country has previously provided Ukraine with humanitarian aid and promised additional assistance of $230 million. At least publicly, Seoul has been hesitant to provide military assistance despite Kyiv's appeals.

On May 25, the Wall Street Journal however reported that South Korea may transfer artillery rounds to Ukraine under a "confidential arrangement" with the U.S.

Halushka, Shevchuk: A call to put Russian assets toward Ukraine’s reconstruction
Last week, the U.K. co-hosted the Ukraine Recovery Conference in London. Held on June 20-21, the event was dedicated to mobilizing the public and private sectors for Ukraine’s recovery. While a lot of brilliant plans were voiced, the elephant in the room remained the question of who will
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

Editors' Picks

Enter your email to subscribe

Please, enter correct email address


* indicates required
* indicates required


* indicates required
* indicates required


* indicates required


* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.