November 9, 2024 Ukraine and the World – Against russia’s Aggression. Sanctions in Action

The World Bank has announced a new support package for Ukraine worth USD 750 million.

The EU Council has extended the term of the EU Military Assistance Mission (EUMAM Ukraine) for another two years and allocated EUR 409 million for its support.

By the end of 2024, Ukraine will receive for testing the air defense missiles from the Estonian company Frankenburg Technology that can shoot down drones.

“Firstly, to transfer all frozen russian assets to Ukraine. Secondly, to start training Ukrainian soldiers to operate Taurus missiles now, which will take some time, so that they can be deployed at the next opportunity, such as when russia bombs another hospital or commits other war crimes. This process should be a signal. And thirdly, to make it very clear that Ukraine will no longer fight with its hands tied on its own territory, but will be able to hit military targets in the rf within the limits allowed by international law”, said Roderich Kiesewetter, a member of the Bundestag from the Christian Democratic Union and a member of the Foreign Affairs Committee, outlining his vision of the prospects for cooperation between Germany and Ukraine.

“...If you are not at the table of a geopolitical game, you will be on its menu. The same can be said about Ukraine: Ukraine should be at the table, not on the menu. So we have to continue to support Ukraine's independence and sovereignty”, emphasized EU Chief Diplomat Josep Borrell.

Deputy Pentagon Press Secretary Sabrina Singh has reiterated the US commitment to continue military assistance to Ukraine until the end of the current Joe Biden administration.

At the European Political Community summit in Budapest, EU leaders called on Donald Trump to maintain support for Ukraine.

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In 2021, the EU imported 5.4 million tons of fertilizers from the rf, in 2022 it reduced it to 4.2 million tons, and in 2023 – to 3.9 million tons. As part of the new package of anti-russian sanctions, the EU is discussing the introduction of increased duties on russian chemical products,  mineral fertilizers included, which will further reduce russian imports. Poland has proposed to increase the duty on imports of fertilizers from the rf and the rb to 30%. It also wants to impose new duties on russian agricultural products and fish.

The US Department of Commerce has extended export bans on “russia” airline for another year.

In October, India cut imports of russian oil by 10%. “There are others who are ready to supply at the same competitive price,” said the country's Minister of Petroleum and Natural Gas Hardeep Singh Puri.

The Swedish company Ingka Group, which owns a chain of furniture and household goods shops, has sold its last asset in the rf – a distribution center in moscow region.

In January-October, China reduced its purchases of russian arctic crude oil grades – novy port, arco and varandey – by 21% compared to last year, to 4.9 million tons.

In October, the volume of trading at the moscow stock exchange in Chinese yuan for delivery “tomorrow” fell to RUB 1.8 trillion, the lowest since February 2023. This is almost by 11% lower than in September and by 20% lower than in August. The average daily trading volume fell below RUB 80 billion, which is one and a half times less than at the beginning of the year.

The rf is expected to face a potato shortage: in 2024, almost 7 million tons were harvested, which is by 20% less than last year.

Revenue from the distribution of russian films in other countries, mainly in China, dropped from $3.1 million in April-June to $1.1 million in July-September.

The cost of renting cottages in moscow region rose by 20% in November, with the next price increase expected in early December.

Due to technical problems, the town of bodaybo in irkutsk region, home to nearly 9,000 people, has had its heat and water supply cut off. “Nothing terrible is happening, it's warm outside – minus 8 degrees”, mayor yumashev reassured the population.

The Lithuanian Seimas has adopted amendments to the law prohibiting suppliers operating in “unfriendly” countries from participating in public procurement in the defense, security, water, energy, transportation or postal services sectors. These include companies operating in the rf and in the temporarily annexed Crimea, in the rb, Transnistria, which is not controlled by Moldova’s government, and Abkhazia and South Ossetia, which are not controlled by the government of Georgia.

Lithuanian customs will strengthen control over the supply of dual-use goods from the EU to the rb at the Lithuanian-belarusian border. Special attention will be paid to the export of chips, microcircuits and other electronic components, as well as medical diagnostic equipment.

first deputy minister of economy of the rb kartun has said that for the second year in a row, the country has not fulfilled the target for exports of goods.

Check Point Software Technologies, an Israeli developer of corporate cyber security solutions, is liquidating its belarusian company, which had been operating in the rb since 2004. Check Point Software Technologies' total revenue for the third quarter of 2024 amounted to $635 million. The number of its clients exceeds 100 thousand companies worldwide.

The minsk tractor plant has reported on the fulfillment of lukashenko's task to produce axes.