Category: World

President Volodymyr Zelenskyy and Kristalina Georgieva, Managing Director of the Worldwide Financial Fund (IMF), have mentioned a brand new monetary help programme.

Supply: Zelenskyy on X (Twitter)

Quote: "We mentioned a brand new monetary help programme that can strengthen Ukraine each now and within the post-war interval. We’re prepared to maneuver swiftly on all obligatory steps. The federal government is already engaged on this."

Particulars: Zelenskyy additionally famous that he and Georgieva talked about further funding for Ukrainian troopers, with numerous choices at the moment into consideration.

"It was essential to listen to that the IMF sees that Ukraine is fulfilling all its obligations and implementing reforms regardless of the warfare," Zelenskyy added.

Background: Andrii Pyshnyi, Governor of the Nationwide Financial institution of Ukraine, believes that the present IMF programme now not totally meets Ukraine’s wants, as a lot of it’s targeted on post-war restoration, however the warfare is ongoing.

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US particular envoy Steve Witkoff is planning to carry a video convention on Thursday 7 August with senior officers from Ukraine, Finland, France, Germany, Italy and the UK to transient them on his assembly with Kremlin chief Vladimir Putin and talk about subsequent steps.

Supply: Axios, citing two sources immediately concerned within the matter, as reported by European Pravda

Particulars: On Wednesday, US President Donald Trump held a telephone name with Ukrainian President Volodymyr Zelenskyy and different European leaders and instructed them about the potential for a gathering between himself and Putin, adopted by a trilateral summit involving Zelenskyy.

The decision brought on confusion in Kyiv and different European capitals. Officers had been not sure whether or not US coverage was altering or whether or not sanctions would nonetheless be introduced on Friday as Trump had deliberate.

Ukrainian officers have stated they’re involved that Putin’s proposal to satisfy with Trump could also be an try to succeed in an settlement with the USA on ending the struggle with out Ukraine or European nations being concerned.

The White Home didn’t instantly reply to questions on Witkoff’s deliberate convention name.

An official from the Trump administration has reportedly stated that Trump will solely meet with Putin if Putin additionally meets with Zelenskyy.

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President Volodymyr Zelenskyy has reaffirmed Ukraine’s readiness for talks with Russia to finish its full-scale aggression, emphasising that the involvement of Europe and the US in such negotiations is crucial.

Supply: Zelenskyy's night handle, as reported by European Pravda

Particulars: Zelenskyy summarised his discussions with Ukraine’s European and US companions, stating that they’re all in settlement: "It’s Russia that should conform to a ceasefire and actual diplomacy that may assure peace."

He additionally emphasised that Russia’s struggle in opposition to Ukraine is "a struggle in Europe and in opposition to Europe".

"All the choices that can be made to finish this struggle and guarantee safety genuinely concern the entire of Europe, not simply anybody occasion. That’s the reason Europe’s voice should affect the processes," the president added.

Zelenskyy additionally mentioned Kyiv is coordinating with European leaders "on our talks and conferences to align all positions, and likewise on the work every of us is doing with different leaders to defend Europe’s positions".

"We’re planning some conferences on the continent," he introduced.

Background:

• Earlier, Zelenskyy reported that potential codecs for high-level conferences have been mentioned throughout yesterday’s cellphone name with US President Donald Trump and European leaders.
• In the meantime, an official within the Trump administration has mentioned Trump will solely meet Putin if Putin additionally meets with Zelenskyy.

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Russian forces attacked the town of Kupiansk in Kharkiv Oblast on 7 August, injuring a 63-year-old man.

Supply: Kharkiv Oblast Prosecutor’s Workplace

Quote: "In line with the investigation, at round 15:00 on 7 August, a 63-year-old man was injured on account of the Russian assault on the town of Kupiansk.

At round 16:15, FPV drone strikes on the village of Klynova-Novoselivka within the Bohodukhiv district broken a lyceum constructing and a automotive."

Particulars: Beneath the procedural steering of the Kupiansk and Bohodukhiv District Prosecutor’s Workplaces of Kharkiv Oblast, pre-trial investigations have been launched into warfare crimes.

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On the seventeenth anniversary of Russia’s five-day warfare towards Georgia, the European Union has condemned the continued army occupation of Georgian territory and reiterated its help for Tbilisi.

Supply: an announcement by the spokesperson for the European Fee, printed by the European Exterior Motion Service (EEAS), as reported by European Pravda

Particulars: The EU reaffirmed its unwavering dedication to the peaceable decision of conflicts in Georgia.

Quote: "We reiterate our condemnation of Russia’s ongoing army presence within the occupied breakaway areas of Abkhazia and South Ossetia in violation of worldwide regulation in addition to Russia's obligations underneath the six-point settlement of 12 August 2008."

Extra particulars: The Fee spokesperson additionally highlighted the struggling of civilians residing underneath Russian occupation and pointed to the EU’s ongoing peace efforts within the area.

Quote: "The European Union reaffirms its steadfast help for the independence, sovereignty, and territorial integrity of Georgia inside its internationally recognised borders and stays dedicated to ongoing stabilisation and battle decision efforts within the area."

Background: Russia invaded Georgia on 7 August 2008. On 26 August of the identical 12 months, Moscow recognised the so-called "independence" of Abkhazia and South Ossetia, the latter being a part of Georgia’s Tskhinvali area.

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Fight drones operated by Defence Intelligence of Ukraine (DIU) have destroyed a number of Russian targets in occupied Crimea, together with radar stations in domes, a touchdown craft and an air defence base on Mount Ai-Petri.

Supply: DIU, as reported by Oboronka, a defence trade undertaking created by Mezha.Media, a know-how and IT information platform inside Ukrainska Pravda's holding firm

Quote: "The demilitarisation of quickly occupied Crimea continues – evading the invaders’ missiles, fight drones from the Prymary (Phantoms) particular unit of Defence Intelligence of Ukraine efficiently struck a Russian 02510 BK-16 touchdown craft…"

Particulars: DIU added that the drones had additionally destroyed the Nebo-SVU, Podlyot Ok-1 and 96L6E radar stations.

They famous that after the destruction of air defence property on the peninsula, together with by the Prymary unit, Russian troops in Crimea started concealing navy amenities in dome-like constructions.

"One such dome was hit by navy intelligence particular forces on Ai-Petri, the place the Russians had positioned an air defence base belonging to the third Radio-Technical Regiment (navy unit 85683-A)," DIU concluded.

Background: Earlier, DIU launched footage of the primary use of FPV drones launched from boats within the open sea. This occurred throughout a raid off the coast of Crimea on 11 September 2024.

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President Volodymyr Zelenskyy has said that he mentioned codecs for potential high-level conferences throughout yesterday’s cellphone name with US President Donald Trump and European leaders.

Supply: Zelenskyy on X (Twitter), as reported by European Pravda

Particulars: On Thursday 7 July, Zelenskyy reported that in the course of the cellphone dialog with Trump and EU leaders, potential codecs for leader-level conferences within the close to future had been mentioned. These included two bilateral codecs and one trilateral assembly.

"Ukraine isn’t afraid of conferences and expects the identical courageous method from the Russian aspect. It’s time we ended the warfare," the Ukrainian president emphasised.

Zelenskyy additionally spoke with German Chancellor Friedrich Merz.

"Ukraine and Germany share the view that the warfare have to be ended as quickly as potential with a dignified peace, and the parameters of ending this warfare will form the safety panorama of Europe for many years to come back."

Zelenskyy stated the warfare is in Europe, and Ukraine is an integral a part of Europe. That is why Europe have to be a participant within the related processes.

Throughout the name, the leaders coordinated their positions and agreed on additional negotiations.

"At this time, safety advisors will maintain a web based assembly to align our joint views – Ukraine and the entire of Europe, america," Zelenskyy stated.

Background:

• The cellphone name came about following a gathering between US envoy Steve Witkoff and Russian chief Vladimir Putin.
• Afterwards, Trump spoke with Zelenskyy and several other European leaders. The New York Instances wrote that in the course of the dialog, Trump introduced his intention to fulfill with Putin as early as subsequent week, adopted by a proposed trilateral assembly additionally involving Zelenskyy.
• Later, the Kremlin confirmed that Russia and america had agreed to carry a gathering between Putin and Trump within the coming days.
• As European Pravda has realized, European Fee President Ursula von der Leyen didn’t participate within the 6 August cellphone name with the US president, however EU leaders briefed her intimately on its final result.

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Russia’s Central Financial institution has warned that the nation’s financial system may come to a standstill by the top of 2025.

Supply: The Moscow Occasions, an impartial Amsterdam-based information outlet

Particulars: In its up to date macroeconomic forecast, the financial institution factors to a big slowdown. Whereas GDP grew by simply 1.4% within the first quarter of 2025 in comparison with 4.1% on the finish of the earlier 12 months, development within the second quarter reached 1.8%. The Central Financial institution estimates that it’ll sluggish to 1.6% within the third quarter. Within the fourth quarter, development may stop altogether – the forecast ranges from 0 to 1%.

In consequence, common annual development in 2025 is anticipated to be between 1% and a couple of%, and not more than 0.5–1.5% in 2026 – successfully marking the start of stagnation.

For comparability, the worldwide financial system, as estimated by the Central Financial institution, is projected to develop almost 3 times sooner – by 3.1% this 12 months and a couple of.9% subsequent 12 months. China’s financial system is anticipated to be much more dynamic, with development of 4.9% and 4.8% respectively.

Regardless of report GDP development in 2023–2024, pushed by elevated army spending and state procurement, the Russian financial system is now starting to really feel the stress of struggle, Western sanctions, labour shortages and excessive rates of interest.

Bloomberg analysts word that indicators of disaster are already evident in lots of sectors: coal mining firms are struggling losses within the billions, oil, gasoline and metallurgy firms are seeing declining earnings, and the automotive business is considerably slicing manufacturing as a consequence of weak demand.

The Central Financial institution describes this as a cooling of an overheated financial system and a return to a "balanced" trajectory. Nonetheless, specialists name this a euphemism that conceals sluggish and unstable development. Economists say the Kremlin could tolerate a interval of low development, however provided that oil costs don’t fall additional, as this may result in a critical decline in state revenues.

Background:

• Russia’s Central Financial institution has recorded report development in shadow capital outflows: within the first quarter of 2025, US$14.7 billion in so-called "internet errors and omissions" reportedly accrued within the steadiness of funds.
• Since late final 12 months, annual financial development in Russia has dropped from round 5% to zero as a consequence of inflation, army spending and falling oil costs amid tariffs launched by US President Donald Trump.
• In Russia, the danger is rising that the financial system may slip right into a technical recession earlier than inflation is introduced beneath management.

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Russian occupiers have launched a strike on town of Orikhiv in Zaporizhzhia Oblast on the morning of seven August, damaging a home. Native authorities have reported that civilians could also be trapped below the rubble.

Supply: Ivan Fedorov, Head of Zaporizhzhia Oblast Navy Administration, on Telegram and in the course of the 24/7 nationwide joint newscast

Quote from Fedorov: "This morning, the enemy struck town of Orikhiv. A rescue operation and the clearing of particles are at the moment ongoing, as there’s a probability that a few of our residents could also be below the rubble."

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