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Donor fatigue has come for Ukraine
  + stars: | 2023-10-15 | by ( Katie Hawkinson | ) www.businessinsider.com   time to read: +3 min
Ukrainian officials say donor fatigue is now impacting their war effort. Ukraine officials say donor fatigue is a big part of the problem. "They would like to forget about the war, but the war is still ongoing, full-scale," Marchenko told Reuters on Saturday. AdvertisementAdvertisementUkrainian officials said they're also concerned that the war between Israel and Hamas could dilute future international support for Ukraine. Since Russia first launched its full-scale invasion of Ukraine in 2022, US lawmakers have approved about $113 billion in response.
Persons: , Serhiy Marchenko, Reuters he's, Marchenko, they're, Pavlo Klimkin, Kyrylo Budanov, Budanov, Joe Biden, Biden, That'll Organizations: Service, Reuters, Ukraine, New York Times, Hamas, Republicans, Times Locations: Israel, Ukraine, Ukrainian, Russia
Ukrainian 500 hryvnia banknotes and a U.S. 100 dollar banknote are seen in this picture illustration taken in Kiev, Ukraine, October 31, 2016. But concerns that international backing for Ukraine may be waning and few indications that the conflict is close to abating have brought fresh momentum into debt talks, the sources said. Most of Ukraine's bilateral lenders have suspended repayment obligations until 2027 - and some analysts had expected Ukraine might ask its bondholders for a matching extension. FROM DEBT REWORK TO FRESH FUNDSAs part of a debt restructuring, Ukraine would issue new bonds to existing holders once losses on existing debt had been agreed upon. In addition to issuing bonds as part of the debt restructuring, Ukraine also told investors it is weighing options to raise fresh additional financing, the sources said.
Persons: Valentyn, Yuri Butsa, Butsa, Brady, Karin Strohecker, Olena, Philippa Fletcher Organizations: REUTERS, Kyiv, International Monetary Fund, Bank, Monetary Fund, Fund, U.S, Thomson Locations: U.S, Kiev, Ukraine, Israel, Gaza, Marrakech, Rosario, London, Kyiv
The Miami Police Department sent over a hundred guns and 148,000 bullets to Ukraine. Ukrainian President Volodymyr Zelenskyy is pressing the US to send more long-range weapons. The "Guns 4 Ukraine" scheme provides vouchers ranging from $50 to $150, depending on the type of weapon handed in. But last month Ukrainian President Zelenskyy made another plea for military assistance, urging the US to supply it with long-range weapons and modern aircraft. "I would really draw attention to long-range armaments," he said, adding: "We have been waiting for this for quite some time."
Persons: Volodymyr Zelenskyy, Ken Russell, Marian Zablotskyi, Biden, Zelenskyy Organizations: Miami Police Department, Service, Miami, Miami New Times, Ukrainian, Committee of America, Ukraine's Finance, Biden Administration, State Department Locations: Ukraine, Wall, Silicon
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUkraine should use China as leverage to win war with Russia, finance minister saysUkraine's Finance Minister Serhiy Marchenko tells CNBC's Silvia Amaro that Ukraine should use China as leverage to win the war against Russia.
CONFLICT* NATO Secretary-General Jens Stoltenberg said the Western military alliance would not back down on its support for Kyiv. * The war's first winter will now test whether Ukraine can press on with its campaign to recapture territory, or whether Russia's commanders can halt Kyiv's momentum. [1/3] NATO Secretary General Jens Stoltenberg speaks during a news conference at the Alliance's headquarters in Brussels, Belgium November 25, 2022. EU governments were split on the level at which to cap Russian oil prices to curb Moscow's ability to pay for its war in Ukraine without causing a global oil supply shock. This is our mission number one this year," said Ukrainian President Volodymyr Zelenskiy.
LONDON, Nov 24 (Reuters) - Ukraine's Finance Minister Serhiy Marchenko has said more Western aid is needed to help it meet its growing reconstruction costs following this week's escalation of Russian missile attacks. Marchenko also said current Western support meant "we'll have approximately $3-3.5 billion a month vs $5 billion this year". However, he said the current budget includes only a very small amount for reconstruction costs which it needs to increase if possible. For now, though, Western support continues. Also, G7 foreign ministers will discuss how to ensure Ukraine's energy supply when they meet next week, German Foreign Minister Annalena Baerbock tweeted on Thursday.
We will continue to support you as you rebuild the prosperous and free Ukraine that your country has fought so hard to secure," Yellen told Marchenko and his delegation before a meeting. Register now for FREE unlimited access to Reuters.com RegisterWashington intended to disburse $4.5 billion in direct budget support to Ukraine in coming weeks, she said. Congress approved that funding two weeks ago, bringing total U.S. direct budget support for Ukraine to $13.5 billion - all in grants. "But let me be clear: international support for Ukraine is a collective effort. We are calling on our partners and allies to join us by swiftly disbursing their existing commitments to Ukraine and by stepping up in doing more — both to help Ukraine continue its essential government services and to help Ukraine begin to build and recover," she said.
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