Ukraine, Russia react to controversial US minerals sharing deal + Trump administration notifies Congress of proposal to sell Ukraine $50m or more of ‘defense articles’

Ukraine, Russia react to controversial US minerals sharing deal

The draft published by lawmakers does not include any explicit U.S. security guarantees — long one of Kyiv’s primary demands. However, the agreement “guarantees new deliveries of American weapons, including air defense systems — their cost will be credited to a joint fund,” according to Mykhailo Podolyak, an advisor to President Volodymyr Zelenskyy.

Related:

The U.S.-Ukraine Mineral Deal: What We Know

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The Battle of Pokrovsk Begins

Weeb Union

Ukraine War Map Looks ‘Grim’ for Zelensky as Russian Offensive Accelerates

Russia’s offensive has concentrated around the Donetsk logistics hub of Pokrovsk as well as Kurakhove. Moscow captured Vuhledar in October and advanced quickly to Velyka Novosilka.

“The Ukrainians have had issues in stabilizing the front here for a long time, and in November, the pace of Russian advance there only quickened even from September and October,” Kastehelmi told Newsweek.

Previously:

Russia’s Swift March Forward in Donbass [Pokrovsk is the prize]

Trump 2.0: Project 2025 Could Impact the Economy and Your Finances

Cass is wrong. See related below.*

The Trump team lied. Project 2025 is influential with his transition team and his second cabinet.

Project 2025 Could Impact the Economy and Your Finances

What economic proposals are in Project 2025?

Most of Project 2025 would have economic implications if implemented and many proposals would affect Americans on a personal finance level. While this is not an exhaustive list, here are some key proposals:

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Philippines’ Aggressive Territorial Claims In South China Sea: A New Threat to Regional Stability

Philippine President Ferdinand Marcos Jr. has appointed a new Navy chief (Rear Admiral Jose Ma. Ambrosio Ezpeleta) amid tensions in the South China Sea, which include a number of maritime drills which are perceived as provocations by Beijing. One such military exercise earlier this month, for instance, included drills to simulate seizing an island in the disputed South China Sea. Last month Manila held military exercises in the same Sea together with Canada, Japan, and the United States, as part of Exercise Sama Sama 2024. The Philippines are also officially expanding their maritime claims. These developments are all connected.

Philippines’ Aggressive Territorial Claims In South China Sea: A New Threat to Regional Stability (archived)

Related:

What’s Really Going On In the South China Sea Between the Philippines and China

The US Dollar Can No Longer Threaten China and Russia

In 2022, the US kicked Russia out of the SWIFT system, causing significant losses for Russian businesses and ordinary citizens. Even Switzerland’s traditionally neutral banks joined this looting. The monopoly over the financial system and global currency once gave the U.S. and EU such capability, but at the 2024 BRICS summit, Western countries permanently lost this advantage.

The US Dollar Can No Longer Threaten China and Russia

Previously:

Russia outlines proposal for BRICS DLT cross border payment system