Section: Economy

      UN General Assembly adopted a draft resolution on Russia’s payment of reparations to Ukraine
      Nov15

      UN General Assembly adopted a draft resolution on Russia’s payment of reparations to Ukraine

      The General Assembly of the United Nations adopted a draft resolution on the need to hold Russia accountable for its war against Ukraine and pay reparations to Ukraine on November 14, 2022. The decision was approved at a special session of the UN General Assembly. Source: The General Assembly of the United Nations The draft resolution was...

      Russian troops caused losses of $270M to Ukraine’s farm enterprise
      Nov14

      Russian troops caused losses of $270M to Ukraine’s farm enterprise

      The People’s Deputy of Ukraine Oleksiy Honcharenko noted on November 14, 2022, that Russian troops destroyed and looted the agricultural base of the company “Ukrlandfarming” in the Kherson region (south of Ukraine), causing losses of 250-270 million dollars. Source: The People’s Deputy of Ukraine Oleksiy Honcharenko...

      Canada froze Russian property and funds worth about $330 million
      Nov14

      Canada froze Russian property and funds worth about $330 million

      Royal Canadian Mounted Police noted on November 7, 2022, that more than 412 million Canadian dollars (about 330 million US dollars) were blocked in Canada as part of the implementation of anti-Russian economic sanctions for violating the sovereignty of Ukraine. Source: Royal Canadian Mounted Police (RCMP) “Since February 24, 2022, the RCMP...

      Britain has frozen 18 billion pounds worth of Russian assets
      Nov10

      Britain has frozen 18 billion pounds worth of Russian assets

      The British government announced on November 10, 2022, that it had frozen assets totalling £18 billion ($20.5 billion) owned by Russian oligarchs and other individuals, and entities sanctioned over Russia’s invasion of Ukraine. Source: Andrew Griffith, Economic Secretary to the Treasury of the UK “We have imposed the most severe...

      Ireland supports Ukraine’s rapid accession to the EU
      Nov09

      Ireland supports Ukraine’s rapid accession to the EU

      The Minister of Foreign Affairs and Defense of Ireland Simon Coveney noted on November 9, 2022, that Ireland called to join Ukraine to the EU as soon as possible. Source: The Minister of Foreign Affairs and Defense of Ireland Simon Coveney “But above all, a country currently literally fighting for its survival against a military superpower...

      US will allocate $25M to Ukraine to support vulnerable people in winter, – US Ambassador to the UN
      Nov09

      US will allocate $25M to Ukraine to support vulnerable people in winter, – US Ambassador to the UN

      The US representative at the UN, Ambassador Linda Thomas-Greenfield announced the allocation of an additional 25 million dollars from the United States Agency for International Development (USAID) to support vulnerable sections of the population in Ukraine during the winter during her visit to Ukraine’s capital on November 8, 2022. Source:...

      Ukrainian Foreign Minister started his visit to Cambodia
      Nov09

      Ukrainian Foreign Minister started his visit to Cambodia

      Cambodian Prime Minister Samdech Hun Sen received Foreign Minister Dmytro Kuleba as part of his visit to Phnom Penh (the capital of Cambodia) on November 9, 2022. Source: The Minister of Foreign Affairs of Ukraine Dmytro Kuleba, the spokesman of the Ministry of Foreign Affairs of Ukraine “I began my visit to Cambodia with being received by...

      Luxembourg froze 5.5 billion euros of Russian assets
      Nov09

      Luxembourg froze 5.5 billion euros of Russian assets

      Luxembourg’s Foreign Minister Jean Asselborn said during his speech in parliament on November 8, 2022, that Luxembourg has frozen 5.5 billion euros of Russian individuals and legal entities, which is about a third of all Russian assets blocked on the territory of the European Union. Source: The Minister of Foreign Affairs of Luxembourg Jean...

      Germany provides €7.6M to search for missing Ukrainians during the war
      Nov08

      Germany provides €7.6M to search for missing Ukrainians during the war

      The Embassy of Germany in Ukraine noted on November 8, 2022, on Twitter that Germany would provide €7.6 million to the International Commission on Missing Persons (ICMP) to search for Ukrainians who disappeared as a result of the Russian invasion. Source: The Embassy of Germany in Ukraine “German support in the investigation of war crimes:...

      US will continue supporting Ukraine after the elections to the Congress, – the White House
      Nov08

      US will continue supporting Ukraine after the elections to the Congress, – the White House

      The White House spokeswoman Karine Jean-Pierre noted on November 7, 2022, that the United States would support Ukraine regardless of the results of the midterm congressional elections on November 8, 2022. Source: The White House spokeswoman Karine Jean-Pierre “So, we are confident that the United States’ support for Ukraine will be...