Author: dmitriy.vasyura@gmail.com

  • Ukraine might receive less aid from the US after Trump’s inauguration, but Russia is also running out of money.

    Ukraine might receive less aid from the US after Trump’s inauguration, but Russia is also running out of money.

    FinancePoliticsWar Ukraine might receive less aid from the US after Trump’s inauguration, but Russia is also running out of money. Tuesday, December 10, 2024 Ukraine might receive less aid from the US after Trump’s inauguration, but Russia is also running out of money.

    US President-Elect Donald Trump said that he will try to end Russia’s war against Ukraine. At the same time, Ukraine will probably receive less aid after he takes office. Meanwhile, Russia may lose its primary sources for financing the war. According to a forecast from Rosneft CEO Igor Sechin, the oil market may face a decline in prices in the next two years. Brent may fall to $60 (-15% compared to current quotes). This possibility exists because of increased production in the US and spare capacity in Saudi Arabia. Rosneft’s budget for next year includes a price of $45-50 per barrel for Russian Urals, which is 30% less compared to the current price of $63.48. As well, the Russian government’s foreign exchange reserves are approaching exhaustion: The National Welfare Fund’s liquid assets as of December 1 decreased to $53.8B from around $140B before the full-scale invasion. The fund will allow Russia to survive for several years at oil prices between $55-60, but it will not be enough to address a new large-scale crisis.

  • Five minutes instead of 10 septillion years: Google unveils high-speed chip

    Five minutes instead of 10 septillion years: Google unveils high-speed chip

    Five minutes instead of 10 septillion years: Google unveils high-speed chip

    Google has introduced a new 4 cm² Willow quantum chip that performs highly complex calculations in 5 minutes. The device can speed up drug development and expand the capabilities of artificial intelligence.

    Google has announced that it has created a new generation chip. It is able to perform tasks that traditional supercomputers cannot. This was reported by The Guardian, according to UNN.

    Details

    The new Willow chip is no bigger than a candy bar. Its area is only 4 square centimeters, but it has a speed that did not exist before. Willow takes just five minutes to complete a task that the world's fastest traditional computer could handle in 10,000,000,000,000,000,000,000 years.

    That's 10 septillion years-a number that far exceeds the age of the universe and forces scientists behind the latest breakthrough in quantum computing to resort to a completely non-technical term: "amazing.

    It is expected that the presented chip will give an impetus to the creation of new drugs, significantly speeding up the experimental phase of development.

    The developers claim that Willow is less error-prone than previous versions, and can expand the potential of the already rapidly developing field of artificial intelligence.

    Quantum computing, which uses the discovery that matter can exist in multiple states simultaneously, is predicted to be able to perform much larger calculations than previously possible, and thus accelerate the creation of fusion reactors and increase the impact of artificial intelligence, especially in medical science. For example, it could allow MRI scans to be read at the atomic level, opening up new caches of data about human bodies and diseases for processing by artificial intelligence, Google says.

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    Microsoft and Intel have signed a угоду 15 billion agreement under which Intel will produce microchipsdeveloped by Microsoft.

  • 5 Ukrainian children return home from Russia, Russian-occupied territories

    5 Ukrainian children return home from Russia, Russian-occupied territories

    5 Ukrainian children return home from Russia, Russian-occupied territories

    Ukraine successfully returned five children from Russia and Russian-occupied territories as part of the "Bring Kids Back UA" initiative, Presidential Office head Andriy Yermak announced early on Dec. 10.

    Among those rescued were three young Ukrainians who had just turned 18. Yermak added that two of them suffered from psychological pressure while living in Russia, and the third, a young man without family support, finally managed to leave the occupied territory.

    The initiative also helped a family of four, including children aged 11 and 14, who faced persecution for their pro-Ukrainian position. They also assisted a 77-year-old woman who could not evacuate on her own. "Their stories reveal the terror and fear people endure under occupation," Yermak said.

    Since February 2022, at least 20,000 Ukrainian children have been abducted from Russian-occupied territories and sent to other Russian-controlled areas of Ukraine or to Russia itself, according to a Ukrainian national database "Children of War."

    The Ukrainian Parliament’s Commissioner for Human Rights, Dmytro Lubinets, estimates that Russia has unlawfully deported up to 150,000 Ukrainian children, while the Children’s Ombudswoman, Daria Herasymchuk, puts the figure at 200,000–300,000.

    A Yale School of Public Health study published on Dec. 3 detailsed Russia's systematic program of deporting and forcibly assimilating Ukrainian children.

    Under orders from Russian President Vladimir Putin, children were transported via military aircraft in 2022, reclassified in Russian databases as native-born, and subjected to pro-Russian re-education before being adopted into Russian families. Ukrainian children had been transported to at least 21 regions throughout Russia.

    Ukraine names pro-Russian collaborators suspected of forcibly deporting Ukrainian childrenOne suspect was identified by the Kyiv Independent’s War Crimes Investigations Unit in the documentary “Uprooted.”5 Ukrainian children return home from Russia, Russian-occupied territoriesThe Kyiv IndependentThe Kyiv Independent news desk5 Ukrainian children return home from Russia, Russian-occupied territories
  • I told Trump that Putin is only afraid of him and maybe China – Zelenskyy

    I told Trump that Putin is only afraid of him and maybe China – Zelenskyy

    I told Trump that Putin is only afraid of him and maybe China - Zelenskyy

    The Ukrainian president said he told Trump about Putin's fear of him and China. Zelenskyy emphasized the importance of American and European unity for a just end to the war.

    President of Ukraine Volodymyr Zelenskyy said he told US President-elect Donald Trump that the Russian ruler "is only afraid of him and possibly China." He said this on the social network X, UNN reports.

    Details

    Zelensky noted that America is capable of achieving extraordinary results – what others have not been able to achieve. To succeed in ending this war, Ukraine needs unity – the unity of America, Europe, and everyone in the world who values security – as well as strong positions and guarantees of peace.

    I told President Trump that Putin is only afraid of him and possibly China. And it's true. Only determination can bring this war to a just end and ensure lasting peace. We must act now to restore proper international order,

    – Zelensky said.

    recall

    The president of Ukraine spoke out against lowering the military age for sending to the front. He stressed the importance of providing existing brigades with equipment and training instead of attracting young soldiers.

  • Foreign banks increased profits in Russia by almost one-third in January-September – Kyiv School of Economics

    Foreign banks increased profits in Russia by almost one-third in January-September – Kyiv School of Economics

    Foreign banks that remain in Russia earned a net profit of RUB 210.9 billion (US$2.3 billion) in the first nine months of the year, marking a 30% increase compared to the same period last year.

    Source: a study by the Kyiv School of Economics (KSE)

    Details: The study notes that, despite a decrease in their share of the Russian banking system's assets to 2.4%, foreign banks accounted for 8% of the system's total profit.

    In total, 2,223 international companies continue to operate in Russia, 1,367 are scaling back operations, and 452 have left the Russian market.

    Among foreign banks, Raiffeisenbank made the largest profit of RUB 107.3 billion (approximately US$1.2 billion), accounting for 4.08% of the total profit of the Russian banking system in the first nine months of this year.

    Significant revenues were also reported by ICBC Bank (RUB 25.5 billion, or US$283 million), OTP Bank (RUB 22.5 billion, or US$250 million), Bank of China (RUB 9.9 billion, or US$110 million) and Credit Europe Bank (RUB 12 billion, or US$133 million).

    Over the past nine months, at least three major foreign banks – UniCredit, Citigroup, and JPMorgan Chase – have either suspended operations or begun exiting the Russian market. This has reduced the assets of foreign banks still operating in Russia, yet their net profits continue to rise, with foreign banks remaining more profitable than local financial institutions.

    Background: The Russian government will block any attempts by Raiffeisen Bank International AG and UniCredit SpA to sell their local units to any buyer that may be subject to sanctions.

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  • Details from the meeting between Zelenskyy, Trump, and Macron: The leaders discussed freezing the war and how to end it.

    Details from the meeting between Zelenskyy, Trump, and Macron: The leaders discussed freezing the war and how to end it.

    PoliticsWar Details from the meeting between Zelenskyy, Trump, and Macron: The leaders discussed freezing the war and how to end it. Tuesday, December 10, 2024 Details from the meeting between Zelenskyy, Trump, and Macron: The leaders discussed freezing the war and how to end it.

    During the meeting between President Zelenskyy, his French counterpart Emmanuel Macron, and US President-Elect Donald Trump, the leaders discussed freezing the Russian-Ukrainian war, the Ukrainian president said. At the same time, he emphasizes that it is possible to force Russia to end this war only when Ukraine is strong and has strong security guarantees. “Right now, we cannot be in NATO, but an invitation to NATO may be possible. And we already need such security guarantees,” Zelenskyy added. Also, he said that while Ukraine is not in NATO, Macron’s proposal to send troops to Ukrainian territory as part of a European peacekeeping force could be an option. However, it is necessary to clearly understand when exactly Ukraine will be accepted into both the EU and NATO. In turn, Trump, after the meeting in Paris, stated that he was formulating a concept for ending the Russian-Ukrainian war. According to Trump, Putin has lost, so now it’s time to think about peace.

  • US and UK impose sanctions on illegal trade in Russian gold

    US and UK impose sanctions on illegal trade in Russian gold

    US and UK impose sanctions on illegal trade in Russian gold

    The United States and Britain have imposed sanctions against the illegal trade in Russian gold, which finances the war of the Russian Federation. The assets of those involved were frozen and a global smuggling network through Zimbabwe was exposed.

    On Monday, December 9, the United States and the United Kingdom imposed new sanctions against the illegal trade in Russian gold, which finances the Russian army in the war against Ukraine. This is reported by Reuters, writes UNN.

    Details

    The UK Government has frozen the assets of four people involved in the illegal trade in Russian gold, and another who bought more than 3 300 million worth of Russian gold, providing income to the Russian government.

    Illegal gold is an attack on the legitimate trade of a valuable commodity that incites corruption, undermines the rule of law, and perpetuates human rights violations. Russia is using the illegal gold trade to launder money and evade sanctions, thus supporting Putin's military efforts.,

    – said in a statement of the British Foreign Office.

    The United States has imposed sanctions on dozens of companies and individuals it says were involved in a global gold smuggling and money laundering network based in Zimbabwe.

    The sanctions included Kamlesha Pattney, who, according to the US Treasury, befriended Robert Mugabe when he was president of Zimbabwe, and participated in a scheme to receive cash through the sale of the country's natural resources in foreign jurisdictions and overstate reporting on the amount of cash returned back, for which they received compensation.

    Switzerland expands sanctions against Russia: Includes ban on diamondsAug 21 2024, 06:24 PM • 56485 views

    The US Treasury Department said that the paid network covers several countries, including the United Arab Emirates, Singapore and Kyrgyzstan.It is noted that the UK also added Pattney to its sanctions list.

    The country banned the import of new Russian gold in 2022 after Russia invaded Ukraine. Since then, the Russian Federation has found other markets to sell its gold.

    Last week, Britain, working alongside the United States, said it had severed the global money laundering network used by wealthy Russians to avoid sanctions.

    Sanctions force russia's largest diamond producer to cut production and lay off people – CPJNov 22 2024, 09:29 AM • 16227 views

  • Gary O’Neil readily excused for the inexcusable as Lopetegui sack merely delayed

    Gary O’Neil readily excused for the inexcusable as Lopetegui sack merely delayed

    O'Neil Lopetegui

    There were the tell-tale signs of a lack of confidence all over the place. Forwards snatching at shots and failing to create the requisite yard of space. Midfielders playing it safe with passes backwards and sideways. Defenders and goalkeepers launching the ball long in an unequivocal and all too guarded interpretation of Press Resistance. The players were playing with an anxiety in keeping with the fragile positions of their managers.

    Now one point behind Manchester United and just two shy of Newcastle and Tottenham, Lopetegui may be of a Crisis? What Crisis? mind, but there was a huge crack-papering element to this win with their goals thanks to some horrific defending and a flash of brilliance from their captain. He may well lose the current sack race to Gary O’Neil, but this wasn’t a performance to silence his critics.

    It felt like an average display under David Moyes and while wins are wins, having been told his predecessor lost his job in search of The West Ham Way, ultimately the Spaniard will need to get his team playing better football and we have zero confidence in him being able to do so. His sacking remains in the post.

    The opener was the most West Ham v Wolves goal imaginable. The home side had already had nine corners before they scored and if you hadn’t seen the utter dross that had been delivered before Tomas Soucek headed in you would have wondered how they had not scored two or three beforehand given both Wolves’ horrible record of defending set pieces and the laughable manner in which they tried to defend this one.

    No Wolves player got off the ground before 5ft 7in Joao Gomes’ pathetic and pointless bunny hop on the line as the ball looped over his head. Soucek – f***ing Soucek – the guy who has scored more goals from corners (12) since coming the Premier League than anyone buy Arsenal’s Gabriel (15), walked about four yards to his left as the ball looped to the back post before nodding the ball up, over the defenders and into the far corner, making it 15 set-piece goals Wolves have conceded this season.

    We’ve got to assume that O’Neil has taken on the job of set-piece coaching himself after the club sent designated set-piece coach Jack Wilson packing over two months ago, and if not then he’s equally to blame for failing to do so as shipping goals like that is ultimately what’s going to cost him his job.

    READ MORE: Premier League winners and losers: Frank, Spurs, Nuno, Man Utd, Van Nistelrooy, Martin and more

    You would think, given it was the difference between one point and none here, and is the reason we’re talking about the end of his time at Wolves rather than him barely being mentioned as the manager of a club in that sweet, sweet lower mid-table spot they would be in without such abhorrent defending from corners and free-kicks, it would be his entire focus on the training ground.

    Maybe it has been, but that’s just as damning. Because point a) of what we imagine was a wonderfully colourful powerpoint on Defending Set Pieces Against West Ham not being Keep An Eye On That Big Czech Guy was a huge oversight.

    And such a shame because Wolves played some nice stuff here, as they typically do. Their goal featured an accurate diagonal from Sam Johnstone, a lovely touch from Goncalo Guedes, a great whipped cross from Rayan Air-Nouri and an excellent first-time finish from Matt Doherty darting in from his wing-back position.

    It was an open-play goal from the training ground, and there was further evidence of O’Neil’s clear quality in organising his team to attack, with Gomes spurning a very presentable chance in the first half after a lovely flowing move in which they drew West Ham into them on one side of the pitch before swiftly changing the point of attack.

    They’ve scored 23 goals this season, more or the same as 11 of the teams above them in the Premier League, but they’ve conceded seven more than anyone else, and while it’s easy to see while watching them why goalscoring isn’t a problem, it’s easier to see how conceding goals is.

    It will be a tough one to take for O’Neil, partly because of what looked like a pretty blatant foul on Santiago Bueno in the build-up to Jarrod Bowen’s goal and because it was an outstanding moment of quality from an individual in a side that hadn’t produced many or any of those up to that point, just moments after Wolves had drawn level and had the momentum. It was a lovely curled finish into the far corner from Bowen.

    There’s also no doubt that the situation is tough. As O’Neil was at pains to point out after the game, they’ve sold £200m-worth of players since he arrived at the club. Ruben Neves, Matheus Nunes, Max Kilman and Pedro Neto are big players to be without. But he can’t keep banging that drum. His squad is not five points worse than Leicester’s.

    “We need to find a way not to concede goals like the one today,” he said after the game, before quickly adding “hopefully the January transfer window can help us”. But a guy we keep being told is an excellent coach, who shows that through some of the attacking football his side plays, should have been able to sort out what are admittedly sub-par defenders not to consistently embarrass themselves at set pieces by now. Again, it’s Tomas f***ing Soucek.

    There are four more games before January, which means four more goals conceded from set pieces at the current rate, and wishing those games away feels like a dangerous state of mind to be in for a manager who’s running on fumes.

  • Which electric cars became the leaders of sales in Ukraine in November: new ratings

    Which electric cars became the leaders of sales in Ukraine in November: new ratings

    Which electric cars became the leaders of sales in Ukraine in November: new ratings

    In November, 3,742 electric vehicles were registered in Ukraine, which is 13% less than last year. Among the new ones, the HONDA M-NV is in the lead, and among the used ones – the NISSAN Leaf.

    Demand for electric vehicles in Ukraine decreased, with 3,742 battery-powered vehicles (BEV) registered in November, which is 13% less than in this period last year. The vast majority of registered cars are passenger models, of which only 18% are new.

    Writes UNN with reference to Ukravtoprom.

    In November, the Ukrainian fleet was replenished with 3,742 electric vehicles powered by battery power sources (BEV), Ukravtoprom reports. Compared to November last year, demand for electric vehicles decreased by 13%.

    The share of new cars among registered BEVs was 18%, which is slightly less than 19% in the same period last year. The main part of registered electric vehicles was passenger cars – 3,597 units, of which 669 are new and 2,928 are used.

    Among the 145 registered commercial electric vehicles, only 18 were new.

    The top five most popular new electric vehicles in November included:

    • HONDA M-NV-99 od.;
    • BYD Song Plus-86 units.;
    • ZEEKR 001-73 units.;
    • VOLKSWAGEN iD.4-71 od.;
    • AUDI Q4 e-tron-35 od.

    Among the first registered used electric vehicles in Ukraine, the leaders are:

    1. NISSAN Leaf – 384 units.;

    2. TESLA Model 3 – 301 units.;

    3. TESLA Model Y – 298 units.;

    4. HYUNDAI Kona Electric – 194 units.;

    5. KIA Niro EV-156 od.

    Since the beginning of the year, almost 48 thousand vehicles powered by battery power sources have been registered in Ukraine for the first time, including 20% new and 80% used.

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    Earlier, UNN reported that the indicator of replenishment of the Ukrainian fleet with imported used cars decreased by almost a third.

  • German opposition leader vows Ukraine won’t fight one-handed

    German opposition leader vows Ukraine won’t fight one-handed

    German opposition leader vows Ukraine won't fight one-handed

    Friedrich Merz, the leading contender to become Germany's next chancellor, criticized his country's arms policy during his visit to Kyiv on Dec. 9, likening it to forcing Ukraine to fight with one hand tied behind its back.

    During his meeting with President Volodymyr Zelensky, Merz condemned the German government's hesitance to provide long-range weaponry like Taurus cruise missiles. Merz's CDU alliance, currently leading in polls by over 10% points, positions itself as a staunch supporter of Ukraine's military needs.

    "We want your army to be capable of hitting military bases in Russia. Not the civilian population, not infrastructure, but the military targets from which your country is being attacked," Merz said.

    His comments reflect growing frustration in Kyiv over Germany's cautious stance, which Chancellor Olaf Scholz defends as necessary to avoid escalating tensions with Russia.

    Scholz, who recently visited Kyiv himself, portrays his approach as measured and aimed at avoiding actions that could be perceived as direct German involvement in the war. He has resisted calls to supply Taurus missiles, citing risks of escalation and nuclear retaliation.

    Germany remains a major financial and military supporter of Ukraine and hosts over a million Ukrainian refugees. However, its flagging economy and public fatigue over the war have emboldened populist parties from both the left and right to challenge the prevailing pro-Ukraine consensus, according to Reuters.

    Both Scholz and Merz are leveraging the Ukraine issue to solidify their voter bases, though with different narratives.

    President Zelensky thanked both German leaders for their visits and continued support but echoed Merz's sentiment on the need for enhanced military aid. "Putin doesn't want to end this war. He must be forced to, and he can only be forced if Ukraine is strong," Zelenskiy said.

    German opposition leader proposes European contact group to unify Ukraine peace strategySpeaking to President Volodymyr Zelensky, the German politician said that this united vision should be then presented to the U.S. leadership. Zelensky voiced his support for the proposal, Ukrinform reported.German opposition leader vows Ukraine won't fight one-handedThe Kyiv IndependentBoldizsar GyoriGerman opposition leader vows Ukraine won't fight one-handed