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Monday, August 17
Russia, North Korea to continue cooperation 'in all sectors,' Putin says on Korean Liberation Day
Cooperation between Russia and North Korea would continue "in all the sectors," Putin said in his message, while Kim praised ties that had “carried forward the history of common struggle for justice and precious traditions of friendship,” according to Reuters.
Switzerland providing over $700,000 to restore Kyiv-Pechersk Lavra after Russian attack
Switzerland will provide 600,000 Swiss francs ($730,000) through UNESCO to help preserve and restore the Kyiv-Pechersk Lavra, one of Ukraine's most important historic and religious symbols, damaged in a Russian attack in June, Swiss Federal Council Delegate Jacques Gerber announced on Aug. 16.
Chief economist at key Russian state development bank reportedly fired after warning of economic defeat to West
"I believe Russia will not fall apart, but I am almost certain that we will arrive at a social crisis," Andrei Klepach, the chief economist of VEB.RF, was quoted as saying.
Sunday, August 16
Ukraine could use its own ballistic missiles against Russia by year-end, Fedorov tells CBS News
"We need to defeat Russia in every technological cycle, and we have to make decisions 24/7," the former defense minister said in an interview published on Aug. 16.
Russia strikes postal facilities, other civilian sites in Odesa, Kramatorsk, killing 1, injuring 16
Russia attacked Odesa with a drone on Aug. 16, targeting a postal facility and injuring four people, including a 42-year-old woman and three men aged between 32 and 43, local authorities reported.
Ukraine war latest: Ukraine launches one of its largest drone attacks on Moscow Oblast, damaging Wildberries warehouse
Key developments on Aug. 15-16: * Ukraine launches one of its largest drone attacks on Moscow Oblast, damaging Wildberries warehouse * Russian attacks across Ukraine kill 7, injure 51 as major steel plant hit in overnight barrage; NATO downs drone over Romania * Ukraine claims strike on Onyx and Zircon missile launcher in occupied Crimea, shows footage * Russian attack sets iconic Kyiv book market on fire, injures 3 * Kyiv sanctions Russian vessels, companies linked to exports of stolen Uk
About EBRD
The European Bank for Reconstruction and Development is a multilateral bank founded in 1991 with headquarters in London. The EBRD supports economic development across Central and Eastern Europe and has invested over €20 billion in Ukraine since 1993, making it the bank's largest country of operations. Since February 2022, the bank has mobilized emergency financing for infrastructure repairs and reconstruction.
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Moscow Mayor Sergey Sobyanin claimed that 600 drones were headed toward the region.
