Germany to allocate €10 million for "Okhmatdyt" hospital reconstruction
Category
Ukraine
Publication date

Germany to allocate €10 million for "Okhmatdyt" hospital reconstruction

Okhmatdyt
Source:  DW

Children's hospital "Okhmatdyt" was destroyed as a result of a Russian missile strike on July 8.

Points of attention

  • During the reconstruction of the hospital, the facades, treatment rooms, electricity and heat supply will be repaired to quickly return the medical facility to working condition.
  • The Minister of Health of Germany promised to accept Ukrainian children for treatment in German hospitals after the Russian attack on "Okhmatdyt".
  • The attack on the Okhmatdyt Children's Hospital revealed to the world the level of cruelty and senselessness of the Russian regime.

The building of the "Okhmatdyt" hospital is being prepared for operation in winter

The German Minister for Economic Cooperation and Development, Svenja Schulze, said about it.

Thus, the allocated money, together with the funds of other donors, will be directed to the quick return of the hospital to working condition and preparation of the building for operation in winter.

It concerns the repair and maintenance of hospital facades, treatment rooms, and electricity and heat supply.

According to Schulze, the destruction of the children's hospital shows "how ruthlessly and inhumanely Russia is waging this aggressive war."

We should not and will not put up with the fact that this place of healing for children with cancer no longer exists in Ukraine ," the minister added.

Germany will accept Ukrainian children for treatment after the Russian attack on "Okhmatdyt"

German Minister of Health Karl Lauterbach said that his country is ready to take Ukrainian children for treatment after the Russian attack on the "Okhmatdit" hospital in Kyiv.

Karl Lauterbach wrote about this in X (Twitter) after a conversation with the Minister of Healthcare of Ukraine Viktor Lyashko.

According to him, Germany "will accept sick children who need it at any time." They will come for them already on Wednesday.

With the targeted attack on the children's hospital, Putin once again showed that he is a war criminal, added German Minister Karl Lauterbach.

Category
Economics
Publication date

US tariffs suspended. Trump suspected of market manipulation

Trump
Source:  TIME

Senator Adam Schiff has called on Congress to investigate whether President Donald Trump engaged in insider trading or market manipulation when he abruptly suspended a broad set of tariffs, sending stock prices soaring.

Points of attention

  • Senator Adam Schiff has raised concerns about possible market manipulation by President Trump after the sudden suspension of tariffs, prompting a surge in stock prices.
  • The call for investigation into Trump's actions focuses on potential insider trading and enrichment, with Senator Schiff emphasizing the need to uncover the truth.
  • The market reaction to Trump's tariff announcement was significant, with stocks rising over 9% and other economic indicators experiencing immediate shifts.

Senator Schiff calls for investigation into Trump tariffs

"I'm going to do everything I can to find out," Schiff, a California Democrat, told TIME. "Family coins, memes, and everything else is not beyond insider trading or enrichment. I hope to find out soon."

Schiff's comments about the previously unreported formal investigation came shortly after the S&P 500 index rose more than 9% on Wednesday afternoon after Trump announced the suspension of tariffs.

“IT’S A GREAT TIME TO BUY!!!” Trump posted on Truth Social minutes after the market opened on Wednesday, along with the letters “DJT,” which stand for both his initials and his media company’s sticker.

The White House did not immediately respond to a request for comment.

Schiff became the first senator to openly call on Congress to investigate potential insider trading by the Trump administration after the president's sharp refusal to impose new tariffs.

Such investigations typically fall under the purview of powerful congressional groups such as the Senate Judiciary Committee or the Senate Finance Committee. Both are led by Republicans — Sen. Chuck Grassley of Iowa and Sen. Mike Crapo of Idaho — who have largely avoided conflict with the White House. Individual lawmakers, such as Schiff, can investigate cases through their personal offices, although such investigations do not have the authority to subpoena a judge.

Senator Tina Smith of Minnesota, when asked by TIME whether Trump should be investigated for possible market manipulation, said: "That's a great question. He certainly had a lot to gain. I hadn't thought about that."

Earlier on April 9, Congressman Stephen Horsford, a Democrat from Nevada, was among the first to question whether the tariff pause was related to market manipulation, as the news emerged in the middle of heated hearings with Trump Trade Representative Jamison Greer, who had strongly defended the tariffs.

The market reaction to Trump's decision was swift and euphoric. Stocks jumped more than 7% in the minutes after the announcement, eventually rising more than 9%. Bond yields, which had been rising on fears of an economic recession, fell. Oil prices, which had also been falling, recovered.

The California senator has long been one of Trump's most vocal critics. He was the lead prosecutor in Trump's first impeachment trial and a central figure in Congress's response to the Justice Department's Russia investigation.

Although he did not initiate the 2017 congressional investigation into Trump's ties to Russia, Schiff became the most vocal Democrat on the committee, warning about Trump's deference to autocratic leaders. The Republican-led House of Representatives later censured Schiff for his comments during the investigation.

Category
Economics
Publication date

EU extends "transport visa-free regime" with Ukraine

Denis Shmyhal
a car

The agreement on the liberalization of freight transport between Ukraine and the European Union has been extended until the end of 2025.

Points of attention

  • The EU has extended the 'transport visa-free regime' between Ukraine and the European Union until the end of 2025, leading to increased freight traffic and economic development in Ukraine.
  • During the period of the 'transport visa-free regime,' Ukrainian exports to the EU by road saw a 42% increase, while imports to Ukraine by road grew by 37%, showcasing the positive impact of this agreement.
  • The 'transport visa-free regime' plays a crucial role in Ukraine's sectoral integration into Europe and enhances the country's chances for future membership in the European Union.

"Transport visa-free regime" between Ukraine and the European Union extended

This was reported by the Prime Minister of Ukraine Denys Shmyhal.

According to Shmyhal, this is the fourth extension of the "transport visa-free regime." He added that during this time, Ukrainian exports by road to the EU have increased by 42%, and imports by road to Ukraine by 37%.

"Visa-free travel" is part of Ukraine's sectoral integration into Europe and a prerequisite for our membership in the European Union.

Denys Shmyhal

Denys Shmyhal

Prime Minister of Ukraine

"Visa-free transport" is a special agreement that simplifies road freight transportation between Ukraine and the countries of the European Union. Its official name is the Agreement on Road Freight Transportation, which Ukraine signed with the EU back in 2022.

According to the agreement, Ukrainian carriers can freely transport goods within the EU without the need to obtain separate permits.

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