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Ukrainian President Volodymyr Zelensky addresses the 78th United Nations General Assembly at UN headquarters in New York City on September 19, 2023. President Volodymyr Zelenskyy called on Ukraine's allies to stop "watching" and take action to tackle the presence of North Korean troops in Russia before they start confronting his country in combat. "The first thousands of soldiers from North Korea are near the Ukrainian border. Zelenskyy said Ukraine had pinpointed every location where North Korean soldiers were posted in Russia. "But instead of such necessary long-range capability, America watches, Britain watches, Germany watches...," he said.
Persons: Volodymyr Zelensky, Volodymyr Zelenskyy, Zelenskyy Organizations: United Nations General Assembly, UN Locations: New York City, Russia, North Korea, Ukrainian, Ukraine, Britain, Germany
Zelenskyy said Ukraine could strike North Korean troops there "'preemptively" with such permission. "Everyone is just waiting for the North Korean military to start striking at Ukrainians," he said. AdvertisementUkrainian President Volodymyr Zelenskyy has called on the West to lift restrictions on long-range weapons so Ukraine can strike North Korean troops in Russian "preemptively." In a post on Telegram on Friday, Zelenskyy said Ukraine could see "every site" where Russia was gathering North Korean troops on its territory. AdvertisementAustin added that North Korean troops would become "legitimate military targets" if they were to "engage in combat or combat support operations against Ukraine."
Persons: Volodymyr Zelenskyy, Zelenskyy, , Vladimir Putin, offcials, Lloyd Austin, Austin, LwAv51LwdX, Володимир Зеленський Organizations: North Korean, Service, Ukraine, US, Russian, North Korea, Thurdsay Locations: Russia, Ukraine, Korean, Russian, America, Britain, Germany, France, Kursk, Korea, North Korea, Japan, Ukraine's
North Korea said it tested a new long-range intercontinental ballistic missile this week. Related storiesPrior to this latest test, North Korea had last launched an ICBM test in December 2023, according to the James Martin Center for Nonproliferation Studies North Korea Missile Test Database. AdvertisementHowell said the latest test's reportedly longer flight time would suggest North Korea was "improving the sophistication of its delivery systems." "Through Moscow's assistance, North Korea has advanced its artillery and missile capabilities," Zelenskyy wrote. It comes as the US and South Korea held joint drone strike drills for the first time, South Korea's Yonhap news agency reported on Friday.
Persons: , KCNA, Kim Jong Un, Read, kA8m36NARX, Kim Jong, Virginie Grzelczyk, Grzelczyk, Edward Howell, James Martin, Howell, Lee Sangmin, Sangmin, Volodymyr Zelenskyy, Zelenskyy Organizations: Service, NK News, Korea, NK NEWS, School of Social Sciences, Humanities, Aston University, Korea Foundation, Chatham, Pacific Program, James Martin Center, Nonproliferation Studies North Korea Missile Test, South Korea's Korea Institute for Defense Locations: Korea, Japan, Korean, North Korea, Chatham House's Asia, South, Ukraine's, South Korea
The question for Ukraine is whether Kursk will fare better than Germany's Battle of the Bulge. AdvertisementWhen Ukraine unleashed its Kursk offensive in August, it wasn't just the Russians who were surprised. By massing forces for offensives in eastern Ukraine, this thinned out the rest of the 600-mile front line, including the Kursk region. For example, "Ukraine's military announced the 61st Mechanized Brigade would be moving to Vovchansk, a city in the northern sector of the fighting in eastern Ukraine," said TRADOC. Allied cryptographers had broken high-level German radio codes (the "Ultra" program), but German forces employed radio silence, and orders were conveyed by courier and telephone.
Persons: , TRADOC, Hitler, Oleksandr Syrskyi, wouldn't, Ukraine prepped, Michael Peck Organizations: Service, US, Kremlin, British, Armed Forces of, 61st Mechanized Brigade, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, Ukraine, Kursk, Germany, Normandy, Ardennes, Belgium, Armed Forces of Ukraine, Nazi, Moscow, Forbes
AdvertisementRussia's retaking territory in Kursk, but efforts to drive the Ukrainian forces out of the country will likely only get more difficult. Ukrainian troops invaded the Kursk region in southwestern Russia in August, and at one point, they held roughly 500 square miles of Russian territory. Russia's response to the shock assault was slow, but a larger effort to drive the Ukrainians out is now underway. Michael Bohnert, a warfare expert at RAND Corporation, told BI Ukraine doesn't have to defend Russian cities. Russia's military is larger than Ukraine's, which means that the more resources Russia uses, the harder it will be to defend.
Persons: , William Alberque, Matthew Savill, YAN DOBRONOSOV, Michael Bohnert, it's, Alberque, Vladimir Putin, Ukraine would've, Savill, Russia's, Volodymyr Zelenskyy, Zelenskyy Organizations: Kursk ., Service, Stimson Center, Royal United Services Institute, UK Ministry of Defence, Getty, Russia Ukrainian, RAND Corporation, Ukraine, Ukraine's, Korean, Russian Defense Ministry Press, AP Locations: Russia, Ukraine, Kursk, Russian, Ukrainian, Sudzha, AFP, Russia's Kursk, Ukraine Ukraine, Russia's
A major Russian bank launched a 2% mortgage rate that is available only in occupied Ukraine. The incentive is in keeping with other Russian attempts to cement its hold on occupied Ukraine. AdvertisementRussia is debuting a rock-bottom mortgage rate with a catch: it's only available if you live in a warzone. "The aim is to consolidate Russia's long-term presence — through 30-year loans, which is highly unusual in Russia — in the occupied Ukrainian regions," she told Business Insider. Ukraine says Russia has offered financial incentives, up to 5 million rubles or $51,000, to Russians who move there.
Persons: , VTB, Agathe Demarais, topsy Organizations: Service, Russia's VTB Bank, NATO, geoeconomics, European Council, Foreign Relations, Reuters Locations: Russian, Ukraine, Russia, Luhansk, Donetsk, Ukrainian
The weird behavior follows devastating Ukrainian attacks on the Black Sea Fleet. The puzzling behavior has not yet been attributed to anything in particular, but it comes against the backdrop of a Ukrainian long-range strike campaign against the Russian Black Sea Fleet. The Black Sea Fleet was long headquartered at Sevastopol, in the southwestern corner of the occupied Crimean peninsula. Related Video Ukraine's sea drones vs. Russia's Black Sea FleetRussian warships during a naval celebration in Novorossiysk in July 2022. Ukraine's Sea Baby drones have been a weapon of choice during the Black Sea campaign.
Persons: , BlackSky, BlackSky Brady Africk, Africk, That's Organizations: Black, Service, Business, Fleet, Ukrainian, Sea Fleet, AP, US, American Enterprise Institute, Security Service, Kyiv, Russian Locations: Russian, Russia, Novorossiysk, Sevastopol, Crimean, Feodosia, Crimea, Ukraine, Kyiv, we've, Moscow
North Korea fighting alongside Russia would be a serious escalation to the Ukraine war. Experts criticized a lack of decisive Western strategy in countering the threat. AdvertisementWestern allies have options to react to the threat of North Korean troops in Russia, but are hamstrung by fears of escalation, military experts told Business Insider. The fact that now a serious escalation looks possible thanks to North Korea is an indication of the failure of that policy, Hunter told BI. Western states are likely to have been quietly hoping that China might step in diplomatically and dissuade North Korea, Hunter said.
Persons: , Mark Rutte, Volodymyr Zelenskyy, Patrick Bury, Kim Jong Un, Edward Hunter Christie, Hunter, Richard Fontaine, It's, Jens Stoltenberg, Gabrielius Landsbergis, Emmanuel Macron, Landsbergis, Germany's Chancellor, Olaf Scholz, Ann Marie Dailey, Joe Biden's, Western Europe —, Biden, Dailey, we're Organizations: NATO, Service, Pentagon, UN, Politico, UK's University of Bath, Finnish Institute of International Affairs, Center, New, New American Security, Bloomberg, Biden, RAND Locations: Korea, Russia, Ukraine, Kursk, Europe, New American, Norway, Western, Congress, Poland, Russian, South Korea, Western Europe, North Korea, China
Ukrainian troops in Russia have an advantage that they haven't had before in this war. Being on foreign soil means less pressure to defend and more strategic options, war experts say. AdvertisementUkrainian troops fighting on Russian soil have a kind of flexibility in combat that they haven't had before in this war. Ukrainian forces surged into the southwestern Russian region of Kursk in August, and at the peak of the incursion, they held about 500 square miles. AdvertisementAlberque said that in Kursk, Ukraine could ask itself: "Where can we actually defend?
Persons: it's, , Ukraine's, Michael Bohnert, KIRILL CHUBOTIN, Libkos, Bohnert, William Alberque, Matthew Savill, Alberque, Ed Ram, they're, haven't, Alexander Ermochenko Organizations: Service, RAND Corporation, Publishing, Getty, Stimson, Royal United Services Institute, UK Ministry of Defence, Washington, REUTERS Locations: Russia, Ukraine, Ukrainian, Russian, Kursk, Sudzha, Bakhmut, Crimea, Donbas, Avdiivka, Alexander Ermochenko Ukraine
South Korea's UN ambassador says North Korean soldiers will become "cannon fodder" in Ukraine. AdvertisementNorth Korean troops headed to fight in Ukraine will "end up as mere cannon fodder," Joonkook Hwang, the South Korean ambassador to the UN, said on Wednesday. 'Cannon fodder'The news of North Korea's troops joining Russian troops comes as Russia has struggled to find the manpower for its military. Hwang's prediction of the fate that awaits North Korean troops echoes comments Ukraine and the US have made over the course of the war. AdvertisementIn June, the Pentagon said North Korean soldiers will become "cannon fodder" if they are sent to aid the Russian war effort.
Persons: , Joonkook Hwang, Hwang, Kim Jong, Cannon, Vladimir Putin, Kim Jong Un Organizations: North, Service, South, UN, UN Security, Ukraine, Russian, Pentagon, Business Locations: UN, Ukraine, North Korea, South Korean, New York, Russia, South Korea, North, Iran, DPRK, Europe
Zelenskyy said most of the aid the US passed for Ukraine in April hasn't got to Ukraine. He said 10% of the $61 billion aid package had made it so far. AdvertisementUkrainian President Volodymyr Zelenskyy questioned why much of the latest US aid package had yet to reach Ukraine, saying it had so far received 10%. The $61 billion package was approved in April after monthslong delays and pushback from House Republicans. Lithuanian Foreign Minister Gabrielius Landsbergis said in August that Ukraine may have to wait until 2027 to receive some Western aid.
Persons: Zelenskyy, hasn't, , Volodymyr Zelenskyy, Joe Biden, Gabrielius Landsbergis Organizations: Ukraine, GOP, Service, House Republicans, Reuters, NATO, Department of State, Lithuanian, US, US Department of Defense, Ukraine's Ministry of Foreign Affairs Locations: Ukraine, Russia, Russian
AdvertisementWith North Korean forces believed to be moving toward Russia's front lines, fears are growing that the Ukraine war is about to enter a new phase. Around 3,000 North Korean soldiers arrived in Russia last week, according to US, South Korean, and Ukrainian intelligence. The reports signaled a deepening military alliance between Russia and North Korea — an alliance that has been met with a muted response from China. AdvertisementThe bland statement may have been aimed at balancing its influence over North Korea and Russia with its relationship with Ukraine's Western allies. For North Korea, China has long been its most important ally, providing trade, diplomatic support, and military aid to Kim Jong Un.
Persons: , Ukraine's, Bruce Klingner, Kim Jong Un, Ali Wyne, Sari Arho Havrén, Trump, Ann Marie Dailey Organizations: Service, Council, Foreign Relations, European Union, EU, Bank, China, Heritage Foundation, North, Royal United Services Institute, RAND Locations: China, Russia, Ukraine, South, North Korea, EU, Beijing, North, Eurasia, Korea
Ukraine shared audio it said was intercepted from Russians readying to receive North Korean troops. It comes as NATO confirms that North Korean troops are already fighting in Ukraine. AdvertisementNorth Korean forces are facing a frantic and unorganized start as they join Russia's fight against Ukraine, intercepted audio suggests. Voices discuss the imminent arrival of North Korean servicemen. They talk in exasperated terms over unclear communication about the North Korean troops.
Persons: readying, , it's, Mark Rutte, Joseph S, Bermudez Jr, Bermudez Organizations: NATO, Service, Ukraine, North Korean servicemen, Separate Marine Brigade, North, Center for International, Strategic Studies Locations: Ukraine, North, Russia's, Kursk, Russia, Moscow, Pyongyang, North Korea
The American-made Abrams tank and Bradley fighting vehicle were built to fight the Soviets. New footage shared by the Ukrainian military shows them assaulting Russian positions in Kursk. AdvertisementNew combat footage posted by the Ukrainian military on Monday shows American-made tanks and armored fighting vehicles at war inside Russia. 🇺🇸-made Bradley IFV and Abrams tank are performing a combat task in the Kursk region, destroying russian treeline positions. An M1 Abrams tank in service with the Ukrainian military fires its cannon in the Kursk region.
Persons: Abrams, , Bradley, Sy Organizations: Bradley, Service, Ukraine's 47th Mechanized Brigade, Bushmaster Locations: Russia, Ukrainian, Kursk, 🇺🇸-m
Ukraine is offering comfortable beds and warm meals to North Korea troops who surrender to them. AdvertisementUkraine is enticing Russia-bound North Korean troops with comfortable beds and warm meals in exchange for their surrender. AdvertisementOn Sunday, Ukrainian President Volodymyr Zelenskyy said in an evening address on Telegram that North Korean troops "may appear on the battlefield" any day now. Related storiesRussia's use of North Korean troops is another indicator that it's relying more on allies to sustain its wartime efforts. But Ukraine's attempt to encourage North Korean troops to surrender faces distinct hurdles.
Persons: , Putin, chatbot, Volodymyr Zelenskyy, Zelenskyy, Joseph S, Bermudez Jr, Kim, Bermudez, Bruce W, Bennett Organizations: Service, Korean People's Army, YouTube, North, Business Insider, Ukraine, Pyongyang that'll, Center for International, Strategic Studies, Workers ' Party of, RAND Locations: Ukraine, Korea, North Korea, Russia, South Korea, Europe, Pyongyang, Workers ' Party of Korea
Andrew Webber's forever war
  + stars: | 2024-10-27 | by ( Sam Fellman | Ryan Pickrell | ) www.businessinsider.com   time to read: +38 min
Like others in Chosen Company, Webber had been drawn to Ukraine for reasons he couldn't quite explain. AdvertisementNow, as Webber and his fellow members of Chosen Company got acquainted in the bar, uncertainty hung over the gathering. One showed an assault team clearing a World War I-style bunker, using live rounds. AdvertisementCats are everywhere on the front lines in Ukraine; Webber rescued one from a building under fire. "It seemed like he had stuff he was working on," says O'Leary, the CO of Chosen Company.
Persons: Andrew Webber, Webber chatted, he'd, Webber, Vera, Gwen, DeeDee, He'd, Jovelle Tamayo, she'd, I'm, hadn't, Rhodesian Bush, Dee Dee, David Roller, Sweeney, Tom Mader, Mader, vomited, patting, Andrew, Matthew James When Webber, wasn't, Karla Stephens, Karla, He's, Dubs, would've, Ryan O'Leary, Thomas Waszak, Elizabeth Gil, Fenwick, , Sayed Zuhoor, Hilarie Atkisson, who's, Joe, O'Leary, Webber wasn't, marveled, Tango, Pervomaiske, Chosen, Wayne Hallatt, Hallatt, Thomas Waszak Wearing, wouldn't, Delta, Lance Lawrence, Lawrence, CeeBee, it's, Webber couldn't, we're, Waszak, Nichole, he's, Sam Fellman, Ryan Pickrell Organizations: White Sox, Chosen Company, Army, Company, corgi, Chosen, French Foreign, Rhodesian, Ranger School, intel, Operating, Taliban, Motorized Infantry Brigade, LinkedIn, Northwestern, Fenwick & West, Big Law, United, Fenwick, Ranger, Volunteers, Delta, AK, 173rd Airborne Brigade, Webber, Business Locations: Ukrainian, Dnipro, Iraq, Afghanistan, Ukraine, America, Seattle, Bakhmut, Washington, West Point, West, Georgia, Afghanistan's, Taliban, Kandahar, Fort Benning, Russian, Donetsk, Pervomaiske, Kabul, United States, Afghan, Russia, German, Delta, Kyiv
Trump's comments on the war in Ukraine have raised questions about how he'd handle it if he won reelection. Here are the possible scenarios in the war should Trump win the White House again. AdvertisementFormer President Donald Trump talks a lot about Russia's war in Ukraine, often making bold assertions about what he would do if he again won the White House. Mick Ryan, a retired major general and a prominent Ukraine war watcher, said many options are on the table. She also said that "if Donald Trump were president, Putin would be sitting in Kyiv right now."
Persons: Trump, he'd, Putin, , Donald Trump, He's, Mick Ryan, Carl Court, Vladimir Putin, Volodymyr Zelenskyy, SERGEY SHESTAK, would've, Seth Jones, DIMITAR DILKOFF, Biden, Zelenskyy, I've, There's, JD Vance, YASUYOSHI CHIBA, Vladimir, Roman PILIPEY, Trump hasn't, Kamala Harris, hasn't, Harris, Anna Moneymaker, Jens Stoltenberg Organizations: Trump, White, Service, Republican, Getty, International Security Program, Center for Strategic, International Studies, Ukraine, Getty Images, Wall, NATO, Democratic Locations: Ukraine, Zelenskyy, Russia, Crimea, Kyiv, Moscow, Georgia, AFP, North Carolina, ceasefires
Vladimir Putin asked Elon Musk to withhold Starlink from Taiwan as a favor to China, per The Wall Street Journal. Musk has been in regular contact with Putin since 2022, the Journal reported, citing officials. AdvertisementRussian leader Vladimir Putin once asked Elon Musk to withhold Starlink access from Taiwan as a favor to China's Xi Jinping, The Wall Street Journal reported. AdvertisementThe Journal reported that in late 2023, Musk received his first request from the Kremlin to refrain from activating Starlink over Taiwan. Musk, SpaceX, the Pentagon, and NASA also did not respond to similar comment requests.
Persons: Vladimir Putin, Elon Musk, Musk, Putin, , Xi, Defense Department —, Ian Bremmer, Per Bremmer, Dmitry Peskov, Peskov, Musk's, Donald Trump, Karoline Leavitt, there's, it's President Trump, Leavitt, Trump Organizations: Street, Service, Street Journal, SpaceX, Pentagon, NASA, The New York Times, Defense Department, Business, New York Times, Eurasia Group, Kremlin, Putin, Trump, it's, Republican Locations: Starlink, Taiwan, China, Moscow, Beijing, Europe, Russia, Russian, Washington, Ukraine, Crimea
Ukraine needs its F-16s, but it should get Gripen jets to help fight Russia long-term, experts said. A Ukrainian Air Force F-16 fighter jet flies in an undisclosed location in Ukraine on August 4. A Ukrainian air force F-16 fighter jet flies in an undisclosed location in Ukraine on August 4. Three Swedish Saab JAS-39 Gripen fighter jets escort a B-52H Stratofortress in flight. AdvertisementUkrainian President Volodymyr Zelenskyi in front of the first F-16 fighter jets received by Ukraine.
Persons: , Michael Bohnert, They're, Bohnert, Gordon, Skip, Davis, You'll, Swedish Saab JAS, Corban Lundborg, Mats Helgesson, Sukhois, Oleg V, AirTeamImages Gordon, they're, Saab JAS, PATRICK TRAGARDH, Lloyd Austin, Volodymyr Zelenskyi, Vitalii, Tim Robinson Organizations: Gripen, Service, RAND Corporation, Saab AB, Ukrainian Air Force, AP, US Army, Defense Investment Division, Russia, Royal United Services Institute, NATO, Swedish Saab, Tech, US Air Force, Sweden's Saab Gripen, Swedish Gripen, Saab, Getty, Defense, UK's Royal Aeronautical Society Locations: Ukraine, Russia, Swedish, Sweden, Europe, Germany, Ukrainian, Russia Sweden, AFP
But South Korea remains wary of getting involved in the Ukraine war. GAVRIIL GRIGOROV via Getty ImagesSouth Korea hesitatesSignificant obstacles stand in the way of South Korea arming Ukraine, though. Chan said South Korea's President Yoon Suk-yeol was domestically unpopular and would encounter difficulties repealing the law via South Korea's center-left-dominated National Assembly. AdvertisementBut the escalating alliance between Russia and North Korea may soon reach a point where South Korea feels it needs to act. Because of Russia's increasing reliance on North Korea, Kim finds himself in a powerful position to negotiate sophisticated technology in return.
Persons: , Yonhap, Jeremy Chan, Chan, Ellen Kim, Kim, Lloyd Austin, Kim Jong, Russia's Vladimir Putin, GAVRIIL GRIGOROV, Yoon Suk, yeol, Kim Jong Un, Joon Cho, Yoon, Sean McFate Organizations: Russia, Service, Security Council, South, Eurasia Group, Center for Strategic, International Studies, North, US, Getty Images, National, National Assembly, Kremlin, Georgetown University Locations: Korea, Ukraine, South Korea, North Korea, Russia, Seoul, Korean, China, Asia, Poland, Washington ,, Kyiv, Pyongyang, South Korea's, South, Moscow
South and North Korea troops potentially entering the Russia-Ukraine war is unlikely to stoke a wider conflict between the two Korean countries, experts said. The U.S. on Wednesday confirmed that North Korean troops had been sent to Russia. "The messaging we are seeing is likely intended to deter the actual deployment of North Korean troops to Ukraine from Russia. But that will depend on how the North Korean troops are deployed, she added. "In such a case, South Korean troops would be shooting in self defence, thus limiting the nature of such combat encounters."
Persons: Yonhap, Yoon Seok Yeol, Liang, Nah, Naoko Aoki, Aoki, Pyongyang's Organizations: stoke, Yonhap, NBC News, CNBC, Singapore's, Rajaratnam, of International Studies, Seoul, RAND, North Locations: Korea, South, North Korea, Russia, Ukraine, South Korea, North, Moscow, Pyongyang, Seoul
Zelenskyy wore a T-shirt saying 'Make Russia small again' during a nightly address. AdvertisementPresident Volodymyr Zelenskyy showed up to his evening video address in an unusual T-shirt and got a scathing reaction from the Kremlin. Emblazoned on the black T-shirt, in red and white lowercase letters, was the phrase: "Make Russia small again." It included territory in modern-day Ukraine, Belarus, and western Russia, with its center in Kyiv, Ukraine's modern-day capital. As of Thursday, a copycat "make Russia small again" T-shirt was for sale on at least one e-commerce site, but it's unclear whether it will catch on.
Persons: Zelenskyy, , Volodymyr Zelenskyy, Maria Zakharova, Rus, Kyivan Rus, MAGA, Donald Trump, Trump, Vladimir Putin Organizations: Service, Kremlin, Wednesday, Kyiv Independent Locations: Russia, Kursk, USSR, Russian, Kievan Rus, Kiev, Ukraine, Belarus, Kyiv
The US says North Korean troops are in Russia, possibly bound for the war in Ukraine. AdvertisementAny North Korean troops sent to fight in Ukraine would be subject to harsh measures to ensure they don't desert, observers have told Business Insider. On Wednesday, US Defense Secretary Lloyd Austin said "there is evidence" that North Korean troops were training in Russia. Scattered reports have claimed that smaller numbers of North Korean troops are already in Ukraine. Bennett said that the presence of North Korean troops in Ukraine could offer a rare opportunity to reach high-placed North Korean citizens.
Persons: , Lloyd Austin, Hromadske, Kim Jong Un, Joseph S, Bermudez Jr, Kim Jong, It's, Mark Collins, Kim, Bermudez, They're, Bruce W, Bennett, they've, Kim's, Kim Yo Jong, we've Organizations: North, Service, US, Business, Center for International, Strategic Studies, National Intelligence Service, South, Workers ' Party of Korea, RAND Locations: Russia, Ukraine, North Korea, South Korea North Korea, North Koreans, Pyongyang, Korea, Nazi, Soviet, South Korea
The United States, Ukraine and South Korea say that North Korean troops were dispatched to Russia for training with the aim of being deployed to Ukraine. North Korean leader Kim Jong Un and Russia's President Vladimir Putin after signing a comprehensive strategic partnership in Pyongyang, North Korea on June 19, 2024. “We are developing scenarios to understand the potential impacts North Korea and Russia’s actions could have on us,” the government official said. The arrangement could also help North Korea gain real-world intelligence on the functioning of its weaponry. Soldiers march in a parade for the 70th anniversary of North Korea's founding day in Pyongyang, North Korea, on September 9, 2018.
Persons: Volodymyr Zelensky, ” Zelensky, Inna Varenytsia, Kim Jong, Vladimir Putin, Dmitry Peskov, Peskov, , François Walschaerts, Foreign Affairs Kim Hong, Kim Tae, Defense Lloyd Austin, ” Austin, John Kirby, , Carl Schuster, Ng Han Guan, Kim, Chun, ” Chun Organizations: South Korea CNN, Ukraine, NATO, Korean, CNN, National Intelligence Service, North, Maxar Technologies, Maxar, UN, Foreign Ministry, Getty, Korean First, Foreign Affairs, National Security Office, South, Moscow, Defense, National Security, Pacific Command’s Joint Intelligence Center Locations: Seoul, South Korea, Korea, Ukraine, Europe, United States, Russia, North Korea, Moscow, Pyongyang, Kyiv, Washington, Chasiv Yar, Donetsk region, Koreans, South, Russia’s Far, China, Sergeevka, Russian, Brussels, AFP, South Korean, ” South Korea
The UK is using profits from Russia's frozen assets to offer a $3 billion loan to Ukraine. About $322 billion of Russian assets were frozen abroad following the invasion of Ukraine. AdvertisementThe British government is tapping Russia's frozen assets for a loan to Ukraine, with the intention of helping Kyiv secure more military and fund reconstruction costs. The loan, which amounts to £2.3 billion, or $3 billion, is being provided using profits generated from Russian assets, according to a memo on the UK government website. AdvertisementAbout $322 billion of Russian assets were frozen abroad as the West imposed sanctions to hobble the Kremlin's war machine following the invasion of Ukraine in 2022.
Persons: , John Healey Organizations: Service, Bloomberg, UK Defence Locations: Ukraine, Kyiv, Europe
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