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Exclusive: US fund to make 'big' investment in Ukraine's critical minerals this fall, economy minister says

A fund set up by Kyiv and Washington will make its second investment in the fall, this time backing a critical minerals project, Ukraine's economy minister said. "In the fall we will announce a big investment into critical minerals," Economy Minister Oleksiy Sobolev told the Kyiv Independent in an in-depth interview, in which he spoke at length about how Ukraine is a market economy at the cutting edge of learning to live in a more uncertain world. Sometimes referred to as the "minerals deal,"

Economy Minister Oleksiy Sobolev in Kyiv, Ukraine, on July 3, 2026.

US, Iran trade strikes as Trump declares ceasefire 'over'

The United States renewed its strikes on Iran's military infrastructure, striking approximately 90 targets overnight on July 8-9, as U.S. President Donald Trump announced a fragile ceasefire between the warring parties "over."

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