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Germany's former Chancellor Gerhard Schröder's bank account frozen amid Russian payment controversy
Former German Chancellor Gerhard Schröder's bank account has been frozen due to incoming payments from Russia. The account, held at Sparkasse Bank, no longer receives payments from Russian entities, according to BILD.
Schröder reportedly finds himself almost half a million euros short, funds which he receives in his capacity as a representative and chairman of the supervisory board for the Nord Stream 2 project. The company typically transfers around 200,000 euros every six months, routing the …
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The Netherlands to send final shipment of F-16s to Ukraine
The Netherlands will send the last of 24 promised F-16 fighter jets to Ukraine on Monday, May 26. Minister of Defense Ruben Brekelmans confirmed in an that "all 24 promised F-16s will soon be present in Ukraine."
Brekelmans' announcement comes as Russian attacks intensify, with the Dutch minister highlighting that Kremlin leader Vladimir Putin continues his aggression and shows no serious intention to discuss a ceasefire. Brekelmans underscored the necessity to maintain support for Ukraine and …
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Belgium to speed up delivery of F-16 jets to Ukraine, says defense minister
Belgium is planning to expedite the delivery of F-16 fighter jets to Ukraine, moving up the timeline originally set, Belgian Defense Minister Theo Francken announced ahead of a ministers' meeting in Brussels on May 20, according to Radio Svoboda.
“Regarding the F-16s, we are part of the F-16 coalition and will remain so, and we're trying to deliver the aircraft even earlier than the set deadline. I think this is good news," he stated, though he provided no further details.
Earlier, in March, …
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Ukraine partners with with Belgian NATO supplier KNDS for ammunition production
Ukrainian state-owned defense conglomerate Ukroboronprom has inked a Memorandum of Cooperation with Belgian NATO supplier KNDS Belgium SA. This new collaboration seeks to jointly produce medium-caliber ammunition for automatic guns that target enemy troops, light armored vehicles, and low-flying aerial threats, as announced by the Ukrainian corporation.
"We are gradually expanding the geography of our international partnerships, actively seeking and establishing new avenues of cooperation. …
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EU to intensify sanctions on Russia, targeting energy and banking sectors
In the coming months, European sanctions against Russia are set to further impact its economy, said EU High Representative for Foreign Affairs Kaja Kallas, as reported by Radio Free Europe.
"Today, at the EU Foreign Affairs Council meeting, we also have an intelligence report about the real state of the Russian economy. According to this report, they are reaching a stage where they have to rely on supply chains heavily. Therefore, the impact of the sanctions will be even stronger in the coming …