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Russian attacks kill 2, injure 11 in Ukraine, hit Turkish cargo ship over past day
Ukrainian forces downed 110 out of the 138 drones, including Shahed-type attack drones, launched by Russia overnight, the Air Force reported. Russia also launched an Iskander-M ballistic missile.

General Staff: Russia has lost 1,188,490 troops in Ukraine since Feb. 24, 2022
The number includes 710 casualties that Russian forces suffered over the past day.

Russia’s December oil and gas revenue set to drop to lowest level since 2020, Reuters reports
Russia’s oil and gas revenue in December is expected to be nearly half compared to the previous year, down to about 410 billion rubles ($5.17 billion), Reuters reported on Dec. 12.

Ukraine sanctions nearly 700 vessels tied to Russia’s 'shadow fleet'
President Volodymyr Zelensky announced on Dec. 13 that Ukraine’s sanctions against nearly 700 vessels linked to Russia’s shadow fleet had entered into force.

Explosions reported at oil depot in occupied Crimea, several Russian energy sites amid Ukrainian drone attack
Explosions were reported at an oil depot near Simferopol in occupied Crimea, a chemical plant in the Russian city of Veliky Novgorod, and several energy sites, media reported late on Dec. 13.

Zelensky confirms meeting with US envoys, peace talks in coming days amid media reports
President Volodymyr Zelensky on Dec. 13 announced he will meet "with envoys" of U.S. President Donald Trump in the coming days as discussions on the U.S.-proposed peace framework aimed at ending Russia's war continue.

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About the author: Olena Havrylchyk is a Professor of Economics at the University Paris 1 Panthéon-Sorbonne. The proposal to use immobilized Russian assets to finance a "reparation loan" for Ukraine will again be discussed at the next European Council meeting on Dec. 18 and 19. The purpose of this loan is to advance Russia’s future reparations in order to cover Ukraine’s reconstruction and recovery needs, which are estimated at 506 billion euros (nearly $589 billion). At the previous summit, B



















