
Mark Carney

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SBU says drones hit Russian equipment worth hundreds of millions at Belbek airfield in occupied Crimea
Ukraine's Security Service (SBU) has struck a Russian military airfield in occupied Crimea, reportedly destroying air defense equipment worth hundreds of millions of dollars, the agency said in a Telegram post on Dec. 18.

Zelensky arrives in Brussels to attend crucial EU summit
European leaders are expected to decide on Dec. 18–19 whether to proceed with a "reparations loan," a plan to lend up to 210 billion euros in frozen Russian assets to Ukraine.

Ukrainian delegation to visit US for peace talks on Dec. 19-20, Zelensky says
The discussions will concern the 20-point peace plan, security guarantees, reconstruction, and all relevant steps and documents, Zelensky told journalists.

Russian border guards briefly crossed into Estonia, Tallinn says
Igor Taro, the interior minister of the Baltic nation, said it remains unclear whether the incident was intentional but emphasized that there is no threat to Estonia's security.

Ukrainian drones reportedly strike oil tanker in Russia's Rostov-on-Don, local officials claim
Ukrainian drones reportedly struck an oil tanker in the Port of Rostov overnight on Dec. 18, local officials in Russia's Rostov Oblast reported.

Drone production, air defense sustainment — Germany backs Ukraine with $1.4 billion in defense agreements
Kyiv has signed several new defense agreements with Berlin totaling 1.2 billion euros ($1.4 billion), Defense Minister Denys Shmyhal announced on Dec. 17, a day after the Ramstein-format meeting of the Ukraine Defense Contact Group (UDCG).

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Since early December, the Russian ruble has continued to strengthen against global currencies: on Dec. 7, it reached a value of only 76 rubles for one U.S. dollar, a figure unseen since May 2023. It soon dropped to 79 rubles per U.S. dollar, an exchange rate close to one seen on the eve of Russia's full-scale war. Ruble's strength came despite increasing sanction pressure by the Trump administration, which began targeting Russian oil giants Lukoil and Rosneft in October. The measures, which f
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