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EU mulls creating 100 billion euro fund for Ukraine in next budget, Bloomberg reports
The European Union is considering establishing a fund for Ukraine worth 100 billion euros ($117 billion) in the next seven-year EU budget, Bloomberg reported on July 8, citing sources familiar with the proposal.
Russia launches mass missile, drone attack, targets Ukrainian cities far from front line
Russia launched another mass missile and drone attack overnight on July 9, targeting Ukrainian cities, including in the country's far-west regions located hundreds of kilometers from the front line.
Trump mulls sending Kyiv another Patriot air defense system, WSJ reports
If approved, it would mark the first time Trump has sent a major military aid package to Kyiv that wasn't previously greenlighted by Joe Biden.
Ukraine synchronizes restrictions on Russia with EU sanctions
The European Union's 15th, 16th, and 17th packages of sanctions against Russia are now "fully effective in Ukraine," President Volodymyr Zelensky announced on July 8.
Ukraine's 2026 budget could face $19B shortfall as Europe weighs how to fill the gap, FT reports
The financial hole in Ukraine's budget is linked to reduced U.S. support and the lack of prospects for a swift ceasefire with Russia that Europe had hoped for, the Financial Times reported.
Ukraine's ambassador to US will be replaced, foreign minister confirms
"She is extremely effective and charismatic, but surely every diplomat has a rotation cycle," Foreign Minister Andrii Sybiha said of Ambassador Oksana Markarova.
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China's state TV broadcaster has revealed details of a new "graphite bomb" that can cause a "complete loss of electricity" across an area of 10,000 square meters, or knock out entire power stations, the South China Morning Post reported on June 29. An animated video released by China's CCTV showed a missile being launched from a ground-based launcher and then flying to a target where it releases 90 small submunitions. They then bounce on the ground before exploding amid a mock-up of an electri
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‘Neither side wasted time' — Ukraine's economy minister on minerals deal negotiations with Trump’s ‘business-oriented’ administration
Russia increasingly targets Ukraine's cities with cluster munitions, raising civilian toll
As US aid to Ukraine dries up, new platform connects American investors with Ukrainian startups
