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EBRD, IFC to provide $435 million to new Ukrainian telecom
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EBRD, IFC to provide $435 million to new Ukrainian telecom company

The European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC) provided $435 million to support investment in Datagroup-Volia-Lifecell, a recently merged Ukrainian telecom company owned by a French billionaire, according to a statement from Oct. 10. This is the single biggest direct foreign investment in Ukrainian business since Russia's full-scale invasion began […]
Ukraine
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EU to allocate 170 million euros to six countries bordering
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EU to allocate 170 million euros to six countries bordering Russia and Belarus

European Commission President Ursula von der Leyen announced 170 million euros ($178 million) in financial support for six European countries bordering Russia and Belarus to bolster their border protection efforts. This announcement followed her discussion with Finnish Prime Minister Petteri Orpo. “Finland, alongside the Baltic countries, Poland, and Norway, is courageously protecting our borders from […]
Ukraine
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Norway allocates more than $87 million to increase weapons production
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Norway allocates more than $87 million to increase weapons production for Ukraine

Norway’s government will allocate up to 967 million kroner (around $87.5 million) to enhance its defense industry, with a focus on supporting Ukraine amidst Russia’s full-scale invasion. The Norwegian Ministry of Defense said that the funds will support four new projects to boost production of crucial components, including rocket engines and explosives, needed for manufacturing […]
Ukraine
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US announces over $440 million in economic aid for Ukraine
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US announces over $440 million in economic aid for Ukraine

The United States will provide Ukraine with over $440 million in aid for key sectors of its economy, Richard Verma, U.S. Special Representative for Ukraine's Economic Recovery, announced on Dec. 12. The announcement comes as outgoing U.S. President Joe Biden aims to ramp up support for Ukraine before President-elect Donald Trump takes power in January. […]
Ukraine
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‘We believe that in 5 years, Ukraine's defense sector will
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Ukraine war latest: US to provide Ukraine with $800 million to boost domestic long-range capabilities

Key developments on Oct. 22: US to provide Ukraine with another $800 million to boost domestic long-range capabilities, Zelensky says Ukrainian drones target Russian alcohol plants overnight, local authorities claim North Korea has sent pilots to Russia to join its war in Ukraine, Newsweek reports South Korea considering sending military personnel to Ukraine to monitor […]
Ukraine
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US to announce $275 million military aid package to Ukraine,
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US announces $275 million military aid package for Ukraine

The United States will send a new military package worth $275 million to Ukraine, the Pentagon said in a statement on Nov. 20. It will include HIMARS (High Mobility Artillery Rocket System) ammunition, artillery shells, and Javelin surface-to-air missiles, in addition to a wide range of spare parts and equipment. “The United States will continue […]
Ukraine
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Russian ex-Defense Ministry official suspected of embezzling $5.8 million
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Russian ex-Defense Ministry official suspected of embezzling $5.8 million

Vladimir Shishov, the former deputy head of the Russian Defense Ministry's military property department, is suspected of involvement in the embezzlement of 600 million rubles ($5.8 million), Russian Interior Ministry official Andrey Kurnosenko told the state-owned TASS news agency in an interview published on Dec. 16. According to the charges, Shishov embezzled 600 million rubles […]
Ukraine
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Moscow funneled $39 million into Moldova ahead of presidential election
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Moscow funneled $39 million into Moldova ahead of presidential election in attempt to influence results, Moldovan authorities say

Moscow funneled a total of $39 million in a scheme led by a pro-Russian oligarch aimed at influencing election results by paying ordinary citizens to vote against closer ties with the West, the country's national police chief said on Oct. 24. Ilan Shor, a Moldovan-Israeli tycoon, is accused of laundering the money and orchestrating the […]
Ukraine
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