White House announces victory of Ukrainian army
Category
Ukraine
Publication date

White House announces victory of Ukrainian army

AFU

US President Joe Biden's team announced the failure of the Russian offensive in the north of Kharkiv region. Ukraine's armed forces have once again been able to successfully stop the enemy.

US confirms the failure of offensive of Russian army in Kharkiv region

A representative of the US National Security Council, Michael Carpenter, made a loud statement on this matter.

He drew attention to the fact that the scale of Russian losses is currently simply insane, thanks to the professional and coordinated work of Ukrainian defenders.

In addition, it is emphasised that the Russian army has again not achieved any of the set goals.

Ukraine was able to, Ukraine stopped Russia, and we hope that Ukraine will continue to exercise its right, which clearly coincides with the UN charter — the right to defend itself, the representative of the White House emphasised.

It is also important to understand that the fighters of the Armed Forces of Ukraine are having success in the Lyptsi district of the Kharkiv region, but the enemy does not stop their attacks.

Moreover, Ukrainian soldiers were able to achieve minor advances north of Kharkiv in the direction of the village of Lyptsi against the backdrop of Russian attacks on May 27.

Near Vovchansk, the Russian army does not stop its assaults northeast of Kharkiv.

During this time, there were no confirmed changes on the front line in the Kharkiv direction. Geolocation footage indicates that the Armed Forces of Ukraine recently recaptured part of the territory in the fields north of Lyptsi, the report says.

Losses of the Russian army as of June 1, 2024:

The total combat losses of the enemy during the day approximately amounted to:

  • personnel — about 508,780 (+1,130) people,

  • tanks — 7740 (+12) units,

  • armored combat vehicles — 14,947 (+12) units,

  • artillery systems — 13184 (+44) units,

  • MLRS — 1088 (+0) units,

  • air defence equipment — 815 (+0) units,

  • aircraft — 357 (+0) units,

  • helicopters — 326 (+0) units,

  • UAVs of the operational-tactical level — 10617 (+30),

  • cruise missiles — 2230 (+1),

  • ships/boats — 27 (+0) units,

  • submarines — 1 (+0) units,

  • automotive equipment and tank trucks — 18,006 (+101) units,

  • of special equipment - 2181 (+17)

Category
Economics
Publication date

The IMF is sounding the alarm over Trump's new decision

The IMF assessed the potential consequences of Trump's decisions
Source:  Bloomberg

The head of the International Monetary Fund, Kristalina Georgieva, draws attention to the fact that tariffs imposed by the administration of US President Donald Trump could be a devastating blow to the global economy.

Points of attention

  • The immediate impact of Trump's decisions on global markets highlights the urgency of avoiding steps that could further harm the global economy.
  • IMF emphasizes the need for timely and coordinated actions by the international community to address the challenges posed by escalating trade tensions.

The IMF assessed the potential consequences of Trump's decisions

According to Kristalina Georgieva, she and her team are currently assessing the macroeconomic consequences of the announced tariff measures.

They are a significant risk to the global outlook during a period of sluggish growth, the IMF chief emphasized.

Georgieva calls on the international community not to ignore the fact that the US president's decision instantly caused global markets to collapse.

She also added that it is now extremely important to avoid steps that could further harm the global economy.

We call on the United States and its trading partners to work constructively to resolve trade tensions and reduce uncertainty.

Kristalina Georgieva

Kristalina Georgieva

IMF Head

As mentioned earlier, the team of American leader Donald Trump has imposed a 25% tariff on all foreign-made cars and parts imported into America.

Moreover, the White House announced a 20% tariff on goods from the European Union.

Category
Economics
Publication date

Putin can get 240 billion euros — what's Orban doing here?

Putin may receive hundreds of billions to continue the war
Source:  Spiegel

Estonian Foreign Minister Margus Tsakhkna has publicly warned Ukraine and its allies that Russian dictator Vladimir Putin could get back more than 240 billion euros in frozen Russian assets if Hungarian Prime Minister Viktor Orban blocks the extension of EU sanctions against the aggressor country.

Points of attention

  • Proposals to re-evaluate sanction decisions every six months and confiscate Russian assets to prevent funds from being returned to Putin are being considered.
  • The importance of preventing a split within the EU and protecting the interests of Ukraine and Europe from potential threats posed by Putin's access to vast financial resources.

Putin may receive hundreds of billions to continue the war

The Estonian Foreign Minister draws attention to the fact that the decision to extend sanctions must be re-evaluated every six months.

It's no secret that the consent of the team of Hungarian leader Viktor Orban, known for its pro-Russian position, is required each time.

If they block it in June, not only will the sanctions end, but we will also have to hand over 240 billion euros to Putin. How do the heads of state and government intend to explain to the citizens of Europe that they are handing over money to Putin that he intends to use not only against Ukraine, but also against us?

Margus Tsakhkna

Margus Tsakhkna

Minister of Foreign Affairs of Estonia

According to the Estonian diplomat, in the event of such a threat, official Brussels will have to confiscate Russian assets — there is a legal possibility for this.

Tsakhkna emphasized that it is the European Union that must guarantee that even if there is no unanimous decision, the funds will not be returned to Putin.

"We cannot demand money from our taxpayers to support Ukraine, not Russia, which is an aggressor," the head of Estonian diplomacy emphasized.

Against this background, the Estonian Foreign Minister proposed depriving Orban of his voting rights in order to prevent a split within the EU.

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