Saturday, February 01, 2025

FROZEN: Ukraine received $3.8 billion ---- most of the money is a loan for Russian assets held in EU banks

In January, Ukraine received $3.8 billion: most of the money is a loan for frozen Russian assets

Arthur the Cross — January 31, 5:40 PM 
Ukraine receives US$3.8 billion in January, mostly as loan secured by  Russian assets | Ukrainska Pravda

In January 2025, Ukraine's state budget received $ 3.8 billion in funding, most of which was contingent debt to the EU.
About it reports Minfin press service. 
Analysts expect Ukraine's GDP to increase to $200 bln in 2025 - GMK Center

Analysts expect Ukraine's GDP to increase to $200 bln in 2025 - GMK Center

  • Yes, $ 3.1 billion of the total was provided by the European Union. 
  • Another $ 700 million is equivalent to the issuance of state bonds in the domestic market.
As explained in the Ministry of Finance, EU funds are the first tranche of the Union within ERA Loans. These are loans that will be repaid at the expense of income from frozen assets of the Russian Federation.

"That is, the cost of the loan will be borne by the aggressor country, not Ukraine. 

$ 3.1 billion is a contingent debt obligation for Ukraine," the statement said.

Let's remind:

In 2024, Ukraine's debt to the World Bank Group increased 65% to $ 22.6 billion.

As of November 30, 2024, the state and state-guaranteed debt of Ukraine was UAH 6,644.68 billion, or USD 159.74 billion.

The amount of state and state-guaranteed debt of Ukraine during 2024 increased at UAH 1,461.3 billion, in dollar equivalent - by USD 20.74 billion.  

Ukraine's Debt: An Instrument of Pressure and Spoliation in the Hands of  Western Creditors - ZNetwork

Ukraine's Debt: An Instrument of Pressure and Spoliation in the Hands of Western Creditors - ZNetwork

State Budget 2025: only UAH 22 billion is planned to support business

State Budget 2025: only UAH 22 billion is planned to support business

How much money does Ukraine owe, and to whom | Reuters

How much money does Ukraine owe, and to whom | Reuters

POTOMAC CRASH KILLINGS: Downed Black Hawk U-80 Helicopter Was Practicing Secretive Evacuation Plans

Defense Secretary Pete Hegseth said in a Fox News interview Friday that the helicopter was performing a “continuity of government” drill, which helped the pilots “rehearse in ways that would reflect a real world scenario.” 
  • He declined to offer much more detail, saying he didn’t want to get “into anything that’s classified.”
 
The government doesn’t disclose details of its evacuation plans for top officials but they likely involve Raven Rock Mountain, a facility in Pennsylvania that has been used since the 1950s as an alternate command center in the event of a nuclear war. 
Even the mission’s chief beneficiary, President Donald Trump, appeared caught unawares by its purpose. At a press conference on Wednesday, he was asked to clarify comments by Hegseth on the continuity of government plans.
 
“I don’t know what that — what that refers to,” he said.
 


Transportation Secretary says plane and helicopter were in standard flight patterns

Published: Jan. 30, 2025 at 5:23 AM PST

Transportation Secretary says plane and helicopter were in standard flight  patterns

In Wake of Fatal Black Hawk Crash, Renewed Scrutiny of the Helicopter's Safety Record

The most notable Black Hawk crashes were in 1993 during the Battle of Mogadishu in Somalia, though those incidents were combat-related in which Somali forces shot down three UH-60 Black Hawks. 
  • The battle put the secretive Army Delta Force unit, also referred to as Combat Applications Group, into the mainstream lexicon after the landmark book and film "Black Hawk Down," cementing the battle in special operations lore.

 


Black Hawk Helicopters Are Getting Smarter And Are Almost Ready To Fly Themselves


It's not hyperbole to say that for over 40 years, the UH-60 Black Hawk has been the U.S. Army's workhorse helicopter. It entered the inventory in 1979 as a replacement for the UH-1 Iroquois, known as the Army's "Huey" helicopter, and it's filled that role well. The Army, Navy, Air Force, and Coast Guard all operate their own variants, and more than 5,000 have been built.
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