Frozen assets are financial funds or property that the owner cannot access or use for any transaction or transfer because of restrictions imposed by a government or bloc such as the European Union. In Russia's case, sovereign assets in the form of cash, bonds and securities held abroad as well as private assets such as yachts and real estate owned by sanctioned Russian billionaires were frozen. Assets are usually frozen via sanctions.
Russia cannot escape paying the bill for its war in Ukraine, EU foreign policy chief Kaja Kallas said at the establishment of an International Claims Commission for Ukraine in The Hague on Monday. The commission, which will validate war damages in Ukraine to be paid by Russia, sends a message to future aggressors, Kallas said, that "if you start a war, you will be held to account".
We are counting on five documents. Some of them concern security guarantees: legally binding, that is, voted on and approved by the US Congress, he said in comments to journalists via WhatsApp. He said the guarantees would mirror article 5 of Nato. On Monday, US officials declined to give specific details of what the security package was likely to include, and what would happen if Russia attempted to seize more land after a peace deal was reached.
Kim hailed the regiment's conduct during its 120-day overseas deployment, which commenced in early August and involved combat and engineering duties, including mine clearing in the Kursk region of Russia, where Ukrainian forces had infiltrated and occupied for months before withdrawing. You could work a miracle of turning a vast area of danger zone into a safe and secure one in a matter of less than three months, the task which was believed to be impossible to be carried out even in several years, Kim said, according to South Korea's Yonhap news agency.
Russia unleashed a major missile and drone barrage on Ukraine overnight into Saturday, after U.S. and Ukrainian officials said they'll meet on Saturday for a third day of talks aimed at ending the nearly 4-year-old war. Russia used 653 drones and 51 missiles in the wide-reaching attack, which triggered air raid alerts across the country and came as Ukraine marked Armed Forces Day, the country's air force said Saturday morning.
US and Ukrainian officials will begin a third straight day of talks in Miami on December 6, with senior Ukrainian and US negotiators jointly saying that "real progress" depends on Moscow's desire to end the war. "Both parties agreed that real progress toward any agreement depends on Russia's readiness to show serious commitment to long-term peace, including steps toward de-escalation and cessation of killings," said a US summary of the ongoing talks posted late on December 5.
Donald Trump's special envoy Steve Witkoff and the president's son-in-law Jared Kushner have been meeting top Ukrainian negotiator Rustem Umerov and Andrii Hnatov, the chief of staff of Kyiv's armed forces. Both parties agreed that real progress toward any agreement depends on Russia's readiness to show serious commitment to long-term peace, including steps toward de-escalation and cessation of killings, said a summary of the talks.
Europe is offering proposals for a peace plan for Ukraine that are unacceptable to Russia. "Russia has no intention of going to war with European countries, but if Europe starts a war, Russia is ready right now and then Moscow will have nobody to negotiate with. "Europe has no peace agenda and is now hindering US efforts to resolve the conflict,
This is according to a report by the Stockholm International Peace Research Institute (SIPRI) on the 100 most important arms manufacturers worldwide. Their revenues from the sale of weapons and military services amounted to $679 billion (582 billion) last year. This represents an inflation-adjusted increase of 5.9% compared to 2023. Even then, increasing geopolitical tensions and, above all, the war in Ukraine had led to increased demand for arms. In 2024, this trend accelerated even further.
Vladimir Putin says Ukraine is being unrealistic if it does not accept the US plan to end the war, declaring: Ukraine is against it. Apparently, Ukraine and its European allies are still under illusions and dream of inflicting a strategic defeat on Russia on the battlefield. The positive response from the Russian president adds weight to the views of European and Ukrainian officials that the deal amounts to a capitulation.
A Russian drone has hit a NATO flagged ship carrying liquefied natural gas in the port of Odessa on Monday. A Turkish flagged tanker was hit by a Russian drone in Odessa which comes one day after the Ukrainian President Volodymyr Zelensky signed a deal with the US to import the gas. The MT Orinda was struck by the drone whilst they were offloading the liquefied petroleum gas at Izmail port.
A Ukrainian military official early on November 17 said three people were killed and at least 10 injured in a Russian strike on the eastern city of Balakliya, an important railroad junction in the Kharkiv region. Vitaliy Karabanov, head of Balakliya's military administration, said the attack struck the city center and injured at least three children. Nine people were hospitalized, while emergency crews were at the site, he added.