Ukraine partially disabled the Kerch Bridge — Malyuk
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Ukraine
Publication date

Ukraine partially disabled the Kerch Bridge — Malyuk

Vasyl Malyuk
Source:  online.ua

Head of the SBU Vasyl Malyuk during a press conference with Ukrainian journalists as part of the forum "Ukraine. The year 2024" recalled that during 2023, Ukraine successfully hit the Kerch bridge illegally built by Russia at least twice.

What is known about the problems with the work of the Kerch bridge

The Crimean bridge is not fully functional even now. The enemy cannot move weapons and weapons on it. We hit him twice successfully. We will continue to work, but we will not reveal the cards, - said Malyuk.

The head of the SBU noted that in the near future and in the future, many unpleasant surprises await the aggressor country of the Russian Federation in the air, at sea, and on land.

A lot of interesting things lie ahead, but, for obvious reasons, I cannot tell you any details, as I remain a classic special agent, - explains Malyuk.

The head of the SBU also noted that recently due to strikes on key oil refineries on the territory of the Russian Federation, Ukraine managed to significantly reduce the export of oil products from the aggressor country.

Today, we have many trophies and drone work is divided into several zones: this is the front line and 20 km deep, 20-40 km, 40-120 km, and 120 km +. All of you are witnesses of how many enemy objects have been hit, - explains Malyuk.

Malyuk noted that thanks to the work of the Ukrainian special services, it was possible to reduce the export of oil products from Russia by a third.

55% of their military budget is foreign exchange earnings from the export of oil products. These are our legitimate goals, - says Malyuk.

Should we expect the destruction of the Crimean bridge?

According to the head of the Main Directorate of Intelligence of the Ministry of Defense, Kyryll Budanov, the Crimean bridge will be destroyed and this is not even a matter for discussion.

Budanov also explained why Ukraine has not yet destroyed the Crimean bridge.

Because those fighting against us are not as stupid as everyone would like to see it. They also work against it. This is a competition. It's always the attacker who gets the upper hand sooner or later. They defend themselves in this situation, Budanov explains.

The head of the GUR also announced a large-scale cotton harvest and many unpleasant surprises for the Russian occupiers in Crimea.

Budanov emphasized that for a successful defense and counteroffensive, Ukraine needs to regain control over the Black Sea and Crimea.

All previously set tasks have been completed. Russia lost a quarter of its ships and was forced to withdraw its fleet to the coast of the Caucasus. Also, the enemy redeployed aviation, as Crimean airfields and military facilities are constantly under our fire influence. We owe our success to the residents of the Ukrainian Crimea, who not only strengthened their resistance to the occupiers, but also find the opportunity to monitor the entire operational situation on the peninsula and transmit this information to us as soon as possible, Budanov said.

The head of the GUR emphasized that Ukraine has also fulfilled another promise and last year sent detachments of special forces to the territory of the peninsula annexed by Russia.

New surprises await the enemies, and I would not recommend the civilian population to use the so-called "Crimean" bridge, Budanov warned.

Category
Economics
Publication date

Trump's tariffs. The World Trade Organization has issued a worrying forecast for the economy

Trump
Source:  CNBC

The World Trade Organization (WTO) has warned that the outlook for global trade has "deteriorated sharply" following the introduction of tariffs by US President Donald Trump.

Points of attention

  • The World Trade Organization (WTO) warns of a sharp decline in global trade prospects following the introduction of tariffs by US President Donald Trump.
  • Trade in goods is expected to fall by 0.2% due to rising tariffs and trade policy uncertainty, with North America facing a significant 12.6% decline in exports.
  • The WTO highlights 'serious downside risks', including reciprocal tariffs and political uncertainty, which could lead to a 1.5% reduction in global merchandise trade.

The WTO has issued a worrying forecast for the global economy

The outlook for global trade has deteriorated sharply due to sharp tariff increases and trade policy uncertainty, the WTO report says.

The WTO, taking into account currently applicable customs tariffs and a 90-day pause, expects trade in goods to fall by 0.2% this year, in contrast to the growth in the October forecast.

The decline is expected to be particularly sharp in North America, where exports are expected to decline by 12.6% this year.

The WTO also warned of "serious downside risks", including the application of "reciprocal" tariffs and the wider effects of political uncertainty, "which could lead to an even sharper decline in world merchandise trade of 1.5%", hitting export-oriented, least developed countries particularly hard.

According to the WTO, the tariff changes came after a strong year for global trade in 2024, during which trade in goods grew by 2.9% and trade in commercial services increased by 6.8%.

If reciprocal tariffs are put in place, global merchandise trade growth would decline by a further 0.6 percentage points, posing particular risks for least developed countries, while the spread of trade policy uncertainty would reduce growth by a further 0.8 percentage points.

Taken together, reciprocal tariffs and widespread trade policy uncertainty will lead to a 1.5% reduction in global merchandise trade in 2025.

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