In this photo provided by Ukraine's 24th Mechanised Brigade press service, a serviceman of the 24th Mechanised Brigade improves his tactical skills at the training field in Donetsk region, Ukraine
Putin signs off record Russian defense spending as top EU officials visit Kyiv
AP: KYIV, Ukraine (AP) — Russian President Vladimir Putin approved budget plans, raising 2025 military spending to record levels as Moscow seeks to prevail in the war in Ukraine.
Around 32.5% of the budget posted on a government website Sunday has been allocated for national defense, amounting to 13.5 trillion rubles (over $145 billion), up from a reported 28.3% this year.
Lawmakers in both houses of the Russian parliament, the State Duma and Federation Council, had already approved the plans in the past 10 days.
Russia's full-scale invasion of Ukraine since February 2022 is Europe’s biggest conflict since World War II and has drained the resources of both sides. Kyiv has been getting billions of dollars in help from its Western allies, but Russia's forces are bigger and better equipped, and in recent months the Russian army has gradually been pushing Ukrainian troops backward in eastern areas.
New EU leaders in Kyiv pledge continued support for Ukraine
New European Council President Antonio Costa and EU foreign policy chief Kaja Kallas arrived in Kyiv on Sunday, marking their first day in office with a strong message of support for Ukraine. Their visit comes as doubts are deepening over what Kyiv can expect from a new U.S. administration led by Donald Trump.
“From day one of the war, the EU has stood by the side of Ukraine,” Costa posted on X, together with a photo of himself, Kallas and EU enlargement chief Marta Kos. “From day one of our mandate, we are reaffirming our unwavering support to the Ukrainian people.”
European Council President Antonio Costa, left, greets Ukraine's President Volodymyr Zelenskyy, during a press conference in Kyiv, Ukraine, Sunday, Dec. 1, 2024. (AP Photo/Evgeniy Maloletka)
Speaking at a news conference with Ukrainian President Volodymyr Zelenskyy, Costa reiterated the EU's recent commitment to help Ukraine continue through the war, including €4.2 billion ($4.4 billion) to support Ukraine’s budget and €1.5 billion ($1.6 billion) of assistance every month from the proceeds of frozen Russian assets.
Asked whether the EU would step up funding if Trump withdrew support, Costa said the block would “stand for Ukraine as long as necessary.”
Zelenskyy said that any future ceasefire negotiations with Russia would need to include representatives from the EU and NATO, because Ukraine seem its future security in both alliances. However, he said he failed to see what any such negotiations would focus on, adding that Ukraine would “never legally recognize any occupation of our lands by the Russian Federation.”
He urged the outgoing Biden administration to use the remaining two months in office to exert influence “over those few European skeptics about our future. I see nothing, I personally see no risks, and most NATO countries see no risks from the recommendation regarding the positive future of Ukraine’s membership in NATO.”
-
- Finance
- 2 December 2024 10:31
In World
-
A night of protests in Tbilisi concluded on December 2 with mass arrests of demonstrators. Following this, the criminal police and unidentified individuals in black balaclavas conducted arrests, detaining people indiscriminately in places such as metro stations, pharmacies, and parks. The Ministry of Internal Affairs reported that 21 police officers were injured during the night protest, and a total of 113 officers have been injured since the unrest began.
-
The U.S. will launch on Monday its third crackdown in three years on China's semiconductor industry, curbing exports to 140 companies including chip equipment maker Naura Technology Group, among other moves, said two people familiar with the matter.
-
National security advisor Jake Sullivan on Sunday said President Joe Biden was doing what he could to "strengthen" Ukraine's position as the commander-in-chief prepares to leave office in just under two months.
-
President Joe Biden pardoned his son, Hunter, on Sunday night, sparing the younger Biden a possible prison sentence for federal felony gun and tax convictions and reversing his past promises not to use the extraordinary powers of the presidency for the benefit of his family.
Leave a review