Ukraine’s central bank may return to regular monetary policy decisions in June or July. Germany’s finance minister says the Group of Seven will agree to more than 19 19 billion in short-term financial assistance for Ukraine. The block’s finance chief and central bankers concluded a meeting near the forest on Friday.
Russia’s war is looming large as US President Joe Biden travels to South Korea and Japan. Biden on Thursday welcomed the congressional passage of $ 40 billion in aid to Kiev and announced a new arms package that he said would be sent “straight to the front row.”
A top Kremlin official has said Russia intends to take over all parts of Ukraine’s Donetsk and Luhansk regions, although ground operations are under way there after extensive damage.
Core development
- Scholes had a push to make Germany a real military power
- Senate approves $ 40 billion in aid to Ukraine, sends Biden
- Yellen says secondary sanctions on Russian oil have been discussed in the G7
- Biden Finland, Sweden support NATO bid as Turkey’s dongles key
- The firm with the Royal Shin helped Abramovich spread his wealth
- Bacon, chicken and beef will not be cheap soon
All time CET:
Ukraine may revive rate decision as soon as June (9:37 am)
Ukraine’s central bank is considering a return to regular monetary policy decisions in June or July as a sign that the country is getting its finances back on its feet after the initial shock of the war in Russia.
The rate decision was postponed after Russia’s February invasion, which destroyed Ukraine’s economy and boosted inflation.
The first decision in July seems likely, said three people familiar with the central bank’s talks. According to the bank’s pre-war schedule, the rate meetings were to be held on June 2 and July 21.
Germany agrees $ 19 billion in aid to G-7 Ukraine (9:09 am)
German Finance Minister Christian Lindner told Bloomberg Television that the Group of Seven industrialized nations would agree on more than 18 billion euros ($ 19 billion) in short-term financial assistance to Ukraine at a meeting in the forest that ended on Friday.
The cash includes 7. 7.5 billion pledged by the United States and money from the European Union, Lindner said, adding that Ukraine’s funding problem would be resolved “for the foreseeable future.”
Stable flow from Russia lowers gas prices (8:30 am)
Natural gas prices in Europe fell again on Friday as rising reserves and stable Russian supply offset some risks posed by new Russian payment rules. The benchmark front-month Dutch futures fell 88.3 euros per megawatt-hour to a weekly loss of 9.1%.
Europe’s gas inventories are returning to their seasonal levels as companies prepare for any possible disruption from the continent’s top supplier, Russia. Russian gas shipments to Europe are expected to stabilize on Friday.
Russia’s Mariupol forces need significant reform, UK says (8:11 am)
The UK military says on Twitter that Russian troops involved in a long-running operation to seize the Azovstal steel plant in Mariupol may be sent to the side of the Donbass.
“Hard-line Ukrainian resistance in Mariupol since the start of the war means that Russian forces must be re-equipped and reformed before they can be effectively deployed in the region,” the United Kingdom said. “It can be a long process if done thoroughly.”
Analysts at the US-based Institute for the Study of War say Moscow’s forces in Ukraine are “suffering from a shortage of reserve manpower, which is why Russian military command is consolidating degraded battalion strategic groups.”
Oligarchs avoid Spanish party isles because yacht risks risks (7:59 am)
Russian tycoons are avoiding the Baliaric Sea – best known for the resorts of Majorca and the resorts of Ibiza – to avoid capturing their megacities.
A ship tied to an authorized Russian tycoon was spotted in the region this spring after Russia invaded Ukraine and imposed sanctions, according to an analysis by Spire Global Inc.’s Bloomberg News, a maritime intelligence provider.
The fire did not pose a radioactive threat to Chernobyl, Ukraine said (5:47 am).
The fire did not pose a radioactive threat to the Chernobyl nuclear power plant, Ukrainian officials told the International Atomic Energy Agency, its director general Rafael Mariano Grossi said in a statement. The agency agrees with the assessment of Ukraine.
Last week, Ukraine restored a completely remote transmission of protective data from Chernobyl after a two-month hiatus due to Russian aggression.
War, Drought and Disease Hammer Pastoralist (6 am)
Rising crop and energy costs in the wake of Russia’s war in Ukraine have added to the woes of livestock producers, who are even battling a bird-flu outbreak from drought to North America to Europe that has wiped out millions of poultry.
Injuries from all sides, many farmers are selling cattle or breeding less, it is seen that the output will be limited in the long run.
Consumers in the United Kingdom, Denmark lose confidence (2 am)
The rising cost of living in the aftermath of the war in Ukraine has pushed consumer confidence in the UK to its lowest level in at least 48 years, compared to the depths of the energy crisis of the 1970s and the recession. A decade ago.
Denmark’s consumer confidence fell to an all-time low in May amid energy-driven inflation and uncertainty over the war in Ukraine.
US, UN Mull Grain Export Plan, WSJ says (1:26 am)
The United States and United Nations Secretary-General Antonio Guterres are reviewing possible plans to export Ukrainian grain by rail to the Lithuanian port of Klaipeda via Belarus, the Wall Street Journal reported, citing unnamed U.S. officials. The United States may offer a six-month moratorium on Belarus’s potash fertilizer industry, the newspaper said.
Belarus’s main potash producer, accounting for nearly one-fifth of global supplies, was hit by US sanctions last year under President Alexander Lukashenko to limit financial benefits from exports.
Germany’s Scholes calls on former chancellor to quit Russian job (8:42 pm)
German Chancellor Olaf Schulz has stepped up pressure on his predecessor, Gerhard Schroeder, to step down from his lucrative job following the Russian invasion of Ukraine as chairman of both the state-owned Russian oil giant Rosneft PJSC and the shareholder committee of Nord Stream AG.
Schroeder served as chancellor from 1998 to 2005, but the former leader has been embarrassed by his party for refusing to sever ties with Russian President Vladimir Putin and Moscow’s state-owned energy companies.
Biden welcomes $ 40 billion in aid, offers more weapons (8:12 p.m.)
The Biden administration on Thursday announced $ 100 million in military aid to Ukraine, including artillery, radar and other equipment, ahead of a 40 40 billion Ukraine aid package sent to it by Congress.
Biden said the package would “allow us to send more weapons and ammunition to Ukraine, replenish our own stockpiles and support the United States. Troops are stationed in NATO territory.” The Pentagon said the equipment would include 18 155mm Howitzers, their carriers and three counter-artillery radars. Defense Department spokesman John Kirby said the artillery was proving “important” equipment for Ukrainian forces. He said the “100 million in US stockpiles had exhausted existing” drawdowns. ”
The latest shipment would bring the total amount of US military aid to Ukraine since the Russian invasion to 3.9 billion.
Senate sends $ 40 billion Ukraine aid package to Biden (7:34 pm)
The U.S. Senate passed the সহায়তা 40 billion Ukraine aid package in a bipartisan 86 to 11 vote, sending the measure to Biden for his signature.
The bill received significantly larger but overwhelming support than the $ 33 billion package Biden requested last month. While some Republicans in both the House and Senate objected to adding deficits by sending more money abroad or criticized Biden’s strategy, most supported the Democratic president’s call for more assistance in Ukraine.
NATO Brass welcomes Sweden and Finland joining (7:31 pm)
Top NATO military officials welcomed Sweden and Finland’s request to join, saying aspiring members would enhance the alliance’s security because of their land mass, modern capabilities and already high-level integration with allies.
Asked how challenging it would be for the alliance to protect large geographical areas, islands and forests between the two countries, US General Todd Olters, NATO’s supreme ally commander for Europe, said: “We see these features as a wonderful opportunity to enhance our capabilities. Massively disruptive. ”
Russian forces will occupy all Donetsk, Luhansk, Kremlin says (6:18 p.m.)
Russian forces will take Ukraine’s territory to the “historic border” of Donetsk and Luhansk regions and “demilitarize” the surrounding areas, a top Kremlin official said, reaffirming Moscow’s ambitious war goal and even its troops fighting heavy Ukrainians. Resistance
Sergei Kirienko, the first deputy chief of the presidential staff, did not set a deadline for the takeover in a televised meeting with the youth group. Occupying authorities in Russian-occupied territories have suggested that they are likely to seek annexation by Moscow.
In the months since the February 24 attack, public statements about the Kremlin’s intentions have changed. President Vladimir Putin said at the time that Russia had no plans to occupy Ukraine. Since then, officials have planned to hold on to at least areas occupied by Russian forces in the east and south. Ukraine has now refused to give up any land in stalled peace talks.
Russia’s military chief speaks to US general by phone: Interfax (5:21 p.m.)
Russia’s top military official, Valery Gerasimov, spoke by phone with US General Mark Millie about the war in Ukraine, Interfax reported, adding that the first known direct contact between the top commanders was made after Moscow sent troops to Ukraine on February 24.
The Defense Department statement, quoted by Interfax, did not elaborate on the conversation, saying it was initiated by the United States.
Last week, US Secretary of Defense Lloyd Austin called for an immediate ceasefire in his first talks since the attack on his Russian counterpart Sergei Shoigu, the Pentagon said May 13. Gerasimov is seen as one of the most powerful advocates of war. Russian leadership, not recently seen in public.
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