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Russian gas giant Gazprom drastically reduces transit through Ukraine as gas prices in Europe reach record highs
Gas price in Europe continues to reach new highs and is rapidly approaching $600 per thousand cubic meters.
On Monday, October gas futures on the ICE exchange jumped by 8% and reached $588 per thousand cubic meters.
Contracts pegged to the quotes of the EU's largest gas hub, TTF, are trading at around $584.5 per thousand cubic meters, up 6.7% for the day, 12% since the beginning of August and 195% since the beginning of the year.
Amid the new rally, Ukraine put up for action additional …
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Turkish Bayraktar intends to start military drone production in Ukraine
The Turkish manufacturer of unmanned aerial vehicles (UAVs) Baykar is developing an investment plan for the construction in Ukraine of a research center for advanced aerospace technologies and a UAV production facility, said Baykar’s Deputy General Director for Investments, Natalia Ozden.
"Baykar intends to invest in Ukraine and is now developing an appropriate investment plan," she said during the International Defense Investment Forum in Kyiv.
According to her, the project provides for 100 …
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Ukraine sends 38 tons of barbed wire to Lithuania for construction of fence on border with Belarus
Ukraine has sent 38 tons of barbed wire to Lithuania. This is the first batch of aid that Ukraine promised last week, reported the Ukrainian State Emergency Service.
"More than 38 tons of humanitarian cargo departed today, August 12, from Ukraine to Lithuania. This is the first stage of assistance of the three that Ukraine sends in accordance with the Decree of President Volodymyr Zelensky and the order of the Cabinet of Ministers. The assistance will contribute to strengthening the protection …
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Kyiv: American troops can be deployed to Ukraine
US troops can be deployed to Ukraine in order to strengthen the country’s air defense, said the Ukrainian Minister for Reintegration of the Temporarily Occupied Territories, Oleksii Reznikov, at a meeting in the United States with the President of the American analytical organization Jamestown Foundation, Glen Howard.
"It is important to expand the security package for Ukraine. First of all, due to the deployment of air defense forces, even by deploying American troops. Our legislation allows …
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Lukashenko refuses to recognize Crimea as Russian
Belarus does not recognize the accession of Crimea to the Russian Federation until all Russian oligarchs do it, said Belarusian President Alexander Lukashenko.
During the "Big Conversation" with journalists, Lukashenka recalled the Budapest Memorandum of 1994, which guaranteed Ukraine territorial integrity within the borders at the time of withdrawal from the USSR in exchange for giving up nuclear weapons.
The document was signed by Boris Yeltsin, Leonid Kuchma, Bill Clinton and the then …