Euromaidan Press
News and Opinion from Ukraine and Europe on Military and Political Developments.
Debt issuance is Russia’s key mechanism to sustain defense spending – British Intelligence.
In its November 19 intelligence update, the British Defense Ministry addressed Russia’s debt issuance saying that it’s a “ key mechanism to sustain defence spending” and that the Russian finance ministry is likely anticipating an “increasingly uncertain fiscal environment over the next year.”
The report goes as follows:
- On 16 November 2022, Russia conducted its largest ever debt issuance in a single day, raising RUB 820 [billion] (USD $13.6 billion). This is important for Russia as debt issuance is a key mechanism to sustain defence spending, which has increased significantly since the invasion of Ukraine.
- Russia’s declared ‘national defence’ spending for 2023 is planned at approximately RUB 5 trillion (USD $84 billion), a more than 40% increase on the preliminary 2023 budget announced in 2021.
- Debt issuance is expensive during periods of uncertainty. The size of this auction highly likely indicates the Russian Ministry of Finance perceives current conditions as relatively favourable but is anticipating an increasingly uncertain fiscal environment over the next year.
Russian force generation efforts have long-term damaging effects on Russian economy – ISW
Sanctions “catastrophically crippling” Russian economy – Yale study
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Australia extends zero tariffs on Ukrainian goods until 2026.
The Australian government extends tariff relief on Ukrainian goods until 2026 as part of its continued support amidst Russia's invasion.
Ukraine to mass produce “Shmavic,” domestic replacement for Chinese DJI Mavic UAV.
Ukrainian company developed "Shmavic" - domestic analogue of Chinese DJI Mavic drone popular with military. Indigenous drone cheaper, more resilient against EW, coming soon to Ukrainian armed forces. Serial production coming soon.
Russo-Ukrainian war, day 785: Patriot quest for Ukraine picks up steam.
EU, NATO leaders urge Allies not to stockpile their air defense systems but send them to Ukraine; Germany hopes to find seven
Frontline report: Ukraine hammers Russian supply lines as Kupiansk offensive loses steam.
Seizing on a lull in Russia's months-long offensive, Ukrainian forces have launched a series of punishing strikes on ammunition depots, bridges, and command posts, aiming to starve the invaders of vital supplies.
UK intel: Russia improved naval infrastructure in Novorossiysk, where it relocated its ships from Sevastopol away from Ukraine’s strikes.
To avoid Ukrainian sea-borne attack, Russia largely moved its Black Sea Fleet from Sevastopol to Novorossiysk, where it is improving infrastructure to support long-term basing, per UK intelligence.
Tom Cotton: The police should arrest these pro-Hamas lunatics.
Sen. Tom Cotton, R-Ark., reacts to disruptive protesting and taking matters into your own hands to get protesters out of the way on 'The Ingraham Angle.' #foxnews #ingraham Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel L...
Hong Kong is losing most of its iconic neon signs
Hong Kong’s iconic neon-soaked streets are losing their luster due to new safety regulations. An estimated 500 signs remain, down from the peak of 150,000. Janis Mackey Frayer reports on the residents who fear the city is losing an essential part ...
Elephant escapes circus, wanders streets of Montana.
An elephant named Viola escaped from a traveling circus and took a walk through the streets of Butte, Montana, before she was recaptured. » Subscribe to NBC News: NBC News Digital is a collection of innovative and powerful news brands that deliver...
Kevin McCarthy: This is driving Democrats ‘crazy’
Former House Speaker Kevin McCarthy discusses how New Yorkers chanted ‘four more years’ for former President Trump outside a Harlem bodega on ‘Jesse Watters Primetime.’ Subscribe to Fox Business! Watch more Fox Business Video: Watch Fox Business N...
Watch live: Polls open in Croatia's general election.
Croatia is voting in a parliamentary election after a campaign centred on a bitter rivalry between the president and prime minister that has sparked a political crisis in the small European Union and NATO member. Read more #croatia #election #vote...
BREAKING: Inflation falls to lowest level in three years.
Inflation has fallen to 3.2%, raising hopes of an interest rate cut. The for Office for National Statistics said the figure had dropped from 3.4% - experts had predicted it would fall to 3.1%. The drop means prices are rising at a slower rate - no...