G7

In a week, Russia launched over 1,800 drones, 1,200 guided aerial bombs, and 83 missiles at Ukraine. Ukrainian air defense is working effectively, particularly thanks to interceptor drones, shooting down hundreds of "Shaheds."

The European Commission this week will propose a floating price cap on Russian oil as part of a new package of sanctions. The mechanism will adjust price limits based on changes in the global price of energy resources.

The European Union is considering creating a 100 billion euro fund for long-term support to Ukraine, which will start flowing from 2028. This will strengthen Europe's role in financing Ukraine amid uncertainty regarding aid from the United States.

President of Ukraine Volodymyr Zelenskyy said that the NSDC decision sets tasks for state institutions, against the background of the need to synchronize sanctions of Ukraine and partners against the Russian Federation.

G7 countries are ready to increase military support for Ukraine and rebuild the country together after the war. There will also be new sanctions against the Russian Federation, which fuels the war.

Donald Trump hinted that an end to the conflict between Israel and Iran is possible only after hostilities. He believes that an agreement will be reached.

Andriy Sybiga stressed the importance of pressure on Russia for a truce, which will open the way to negotiations. He called for increased economic and military pressure on the aggressor.

G7 countries may abandon the joint communique at the summit in Canada due to large differences between the US and other members on issues of Ukraine and climate change. Instead, leaders may issue separate statements.

An international conference "Weimar+" dedicated to the security of the EU and the war in Ukraine will be held in Rome. The Minister of Foreign Affairs of Ukraine, Sybiha, will participate in the meeting with colleagues.

Volodymyr Zelenskyy announced preparations for the G7 summit in Canada and the NATO summit in the Netherlands. He emphasized the need to increase pressure on Moscow.

The European Union plans to disconnect more than 20 Russian banks from SWIFT. Lowering the oil price ceiling to $45 and banning the Nord Stream gas pipelines are also being considered.

The Prime Minister of Japan and the President of the United States have agreed to consider a meeting in June at the G7 summit. Japan is calling on the United States to revise its tariff policy, including a 25% duty on automobiles.

The United States is undecided on whether to support the UN resolution on the third anniversary of Russia's invasion of Ukraine.

The volume of oil supplies from Russia increased to 3. 47 million barrels per day, reaching the highest level since the end of June.

On October 25, G7 partners will announce contributions to a $50 billion loan to Ukraine. The repayment will be made from the proceeds of frozen Russian assets, and the EU is expected to provide €35 billion.

The European Parliament will consider a proposal for a €35 billion loan to Ukraine from the proceeds of frozen Russian assets. This is part of a $50 billion G7 package to support Ukraine.

The G7 defense ministers reaffirmed their support for Ukraine's integration into NATO. They emphasized the importance of training programs for the Armed Forces and the creation of an army compatible with NATO forces.

The Foreign Ministers of Ukraine and France discussed support for the Victory Plan and the Peace Formula. The parties also paid attention to defense cooperation and support for Ukraine's energy sustainability.

Hungarian Prime Minister Orban is preparing to disrupt a $50 billion loan to Ukraine to help Trump in the election. He refuses to extend EU sanctions, blocking US participation in the financing.

The UK government is investigating 37 companies suspected of complicity in Russia's oil sanctions circumvention. So far, no firm has been punished, and the investigation has been ongoing since December 2022.

Pope Francis will meet with Ukrainian President Volodymyr Zelenskyy on October 11 in Rome. During the visit, Zelenskyy is also expected to hold talks with Italian Prime Minister Giorgia Meloni.

The President of Ukraine met with Japanese Ambassador Kuninori Matsuda before the end of his mission. Zelenskyy noted Japan's important role in supporting Ukraine and awarded the diplomat the Order of Merit.

President Zelenskyy has announced that he is preparing to sign the 27th security agreement for Ukraine. The country has already signed 26 such agreements, the most recent being with Ireland in September of this year.

The USA and the EU have almost reached an agreement on a $50bn aid package for Ukraine using frozen Russian assets. The US is ready to contribute $20bn if the EU changes the sanctions regime against Russia.

Ursula von der Leyen announces a €35 billion loan to Ukraine secured by frozen Russian assets. The EU decided to move forward with a smaller loan without US participation due to disagreements over the revision of sanctions.

The German Finance Ministry denied information about the termination of aid to Ukraine in 2025. Part of the bilateral aid will be transferred to international programs, including $50 billion in G7 loans.

Japan has ordered 12 minibuses and 8 trailers from Ukrainian manufacturers for the SES. The equipment is part of JICA's support package for demining in Ukraine, with a total funding of more than $70 million.

The European Commission is developing options for further disposal of the frozen assets of the Central Bank of the Russian Federation worth more than $280 billion. They are considering indefinite freezing and extending it for longer periods to support Ukraine.

A Bloomberg survey shows that Russia's economic growth will slow by half in the second half of 2024. The overheated economy is slowing sharply as labor and production capacity reserves are exhausted.

Penny Pritzker resigns as US Special Representative for Ukraine's Economic Recovery due to term limits. Her duties will be taken over by Deputy Secretary of State Richard Verma, who will continue to support Ukraine.