Zelenskyy says ex-NSDC Secretary Danilov to work in diplomacy
Category
Ukraine
Publication date

Zelenskyy says ex-NSDC Secretary Danilov to work in diplomacy

Volodymyr Zelenskyi
Danilov

Former Secretary of the National Security and Defenсe Council (NSDC) Oleksiy Danilov will continue his work in the diplomatic direction.

Danilov will continue his work in the diplomatic direction

First of all, I want to thank Oleksiy Myacheslavovich. Thank you, Oleksiy Myacheslavovich, for these years of powerful, professional work. Oleksiy Myacheslavovich will continue his work in another direction, in the diplomatic direction, Zelenskyy said.

What is known about the updated work of the NSDC

Volodymyr Zelenskyy highlighted the main provisions.

The first is more predictability of this function. We need to strengthen Ukraine's ability to predict and influence the processes on which the national security of our state depends, he said.

He called the second task the continuation of all current tasks of the NSDC system. We should also pay particular attention to our country's sanctions policy.

The third task will be doctrinal work. Clarity of national guidelines and systematic implementation are needed both now and after the war.

The fourth is cyber security and information. He added that the NSDC has the potential to do more to protect against hostile destabilization operations and coordinate all state institutions in this area.

And the fifth task the president called the work of the Staff [of The Supreme Commander-in-Chief — Ed.], projects of decisions, control over the implementation of decisions — all this, of course, must be continued. The obvious priority is our state's defence and our society's protection.

Category
Economics
Publication date

Ending the war against Ukraine could destroy Russia's economy

Putin is afraid to stop the war

The Wall Street Journal concluded that the Russian economy has become dependent on the war in terms of jobs, wages and growth. Accordingly, if a truce is achieved on the front, the aggressor country will be on the verge of collapse.

Points of attention

  • The cessation of war-related production could result in slower growth or recession in Russia in the near term.
  • Experts predict that the decrease in domestic consumption following the end of the war could further impact Russia's economy.

Putin is afraid to stop the war

According to Heli Simola, a senior economist at the Bank of Finland's Institute of Economics, almost half of the aggressor country's economic growth in 2024 was directly due to war-related production.

It is also impossible to ignore the fact that payments to the families of Russian invaders fighting in Ukraine have increased the well-being of some of the poorest regions of the country.

Experts predict that the cessation of such stimulation will lead to a decrease in domestic consumption.

If Russian dictator Vladimir Putin wants to avoid economic collapse, he will have to continue spending at current levels long after the war is over.

If military spending is cut, it will lead to job losses and general disillusionment in many Russian regions, said Janis Kluge, a Russia expert at the German Institute for International and Security Affairs.

According to Capital Economics forecasts, the decline in spending could lead to slower growth or even recession in Russia in the near term.

Category
Economics
Publication date

Subsoil Agreement. Where are the negotiations between Ukraine and the US heading now?

The subsoil agreement is still under discussion
Source:  Bloomberg

Official Kyiv will ask the American authorities to change the proposed agreement on minerals, since in its current version it is disadvantageous for Ukraine and will harm its accession to the EU.

Points of attention

  • The negotiation process is ongoing, with Kyiv actively pushing for amendments that align with its strategic objectives.
  • The outcome of the negotiations could have significant implications for Ukraine's economic ties with the US and its geopolitical positioning.

The subsoil agreement is still under discussion

According to Bloomberg insiders, the team of Ukrainian leader Volodymyr Zelensky will ask the United States to make changes to the new economic agreement proposed by the Donald Trump administration.

First of all, Kyiv wants Washington to promise to increase American investment.

Anonymous sources claim that on March 28, Ukrainian officials held a video call with American colleagues, including lawyers.

This time, the Ukrainian side wanted to hear clarifications regarding the latest draft agreement.

According to another Bloomberg insider, Donald Trump's team did not object to the concerns voiced by Kyiv, especially regarding the potential conflict of the agreement with Ukraine's goals for EU membership.

According to the Ukrainian side, this indicates that the White House may be open to discussing changes.

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