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12:31 PM
Ukraine’s parliament adopted a law allowing insurance of investments in Ukraine against war risks. The law expands the capabilities of the Export Credit Agency, allowing it to insure both domestic and foreign investments against the risks caused by armed aggression or terrorism.
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8:45 AM
According to the report, Russia has also lost 3,802 tanks, 7,469 armored fighting vehicles, 6,219 vehicles and fuel tanks, 3,445 artillery systems, 575 multiple launch rocket systems, 332 air defense systems, 313 airplanes, 298 helicopters, 3,092 drones, and 18 boats.
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11:44 PM
"Yesterday, Russian border guards celebrated their professional holiday. The fighters of the Russian Volunteer Corps congratulated them by successfully crossing the 'holey' state border once again," one of the Russian militia groups fighting on Ukraine's side said on May 29.
6:09 PM
Russian troops hit the villages of Kozatske and Zolota Balka in Ukraine's southern Kherson Oblast on May 29, the regional administration reported. A 61-year-old man was killed in his house as a result of the Kozatske shelling, according to the report.
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Zelensky meets with J.P. Morgan top managers over Ukraine’s reconstruction

by The Kyiv Independent news desk February 11, 2023 4:25 PM 1 min read
President Volodymyr Zelensky meets with U.S. largest investment company J.P. Morgan’s top managers on Feb. 11, 2023, in Kyiv. (President's Office)
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President Volodymyr Zelensky met with U.S. largest investment company J.P. Morgan’s top managers and joined the company's online investment summit on Feb. 11, the President’s Office reported.

The summit gathered 200 large corporations, investors, and financial companies.

The parties reportedly discussed the creation of a platform to attract private capital to rebuild Ukraine and large investment projects in green energy, IT, and agricultural technologies.

The Economy Ministry said on Feb. 9 that J.P. Morgan would help Kyiv attract private investments for the reconstruction of Ukraine. The ministry signed a memorandum of understanding with the company that included an agreement to involve the U.S. investment company BlackRock.

J.P. Morgan will advise Ukraine on financial stabilization, obtaining sovereign credit ratings, managing state liquidity assets, digitilizing the economy, identifying opportunities to establish close economic ties with Europe, and creating an institution to guide and protect public and private sector investment.

In early December, the World Bank estimated that the cost of Ukraine’s post-war reconstruction was upwards of 600 billion euros.

Following Russia’s continuous attacks on the country’s critical infrastructure since early October, the World Bank’s estimate of the cost of Ukraine’s post-war recovery had increased by over 200 billion euros since June, when the forecast was set at 350 billion euros.

Ukrainian energy company on Russia’s attacks on infrastructure: ‘No system in the world has faced the same’

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