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Thursday, December 7, 2023

NATO affirms commitment to Ukraine despite shifts in member states’ positions

During a press briefing, Stoltenberg addressed concerns about NATO's stance on aid to Ukraine, stating, "NATO members provide modern missiles, air defence systems, modern battle tanks - these are all examples of significant modern assistance"

Russian forces advance in Marinka, posing autumn offensive threat in Donetsk oblast

Intelligence reports indicate that the invaders currently control most of the city, with only small pockets on the western outskirts remaining under the Ukrainian Armed Forces (VSU) control

White House budget director warns of depleting funds for Ukraine

The allocated $106 billion for Ukraine assistance, requested in October, remains in limbo within the Republican-controlled House of Representatives

European gas rates fell to lowest level on Tuesday since Russian invasion begins

WorldRussiaEuropean gas rates fell to lowest level on Tuesday since Russian invasion begins
European gas prices fell to the lowest level on Tuesday since the start of Russia’s invasion of Ukraine at the end of February.
Despite the war and Western sanctions against Russia, natural gas from the country continues to flow to the European Union. Many EU countries are indirectly dependent on Russian gas, but want to reduce this dependence quickly.
On Tuesday morning, the price for gas on the Amsterdam gas exchange, which is the reference for European prices, has been decreased by 12% to about €84 per megawatt-hour. That is the lowest level since 23 February, the day before Russia invaded Ukraine.
Around 12:30 on Tuesday, the decline had moderated somewhat to around €92/megawatt-hour.
As per Dutch media reports, it is possible that the demand for energy fell because there was less trading with the long Easter weekend ahead.
After the war started and the subsequent Western sanctions against Russia, the already high gas prices had again risen sharply. Russian President Vladimir Putin has previously demanded that gas be paid for in rubles, but the EU has warned the Member States that this is contrary to the sanctions imposed on Moscow.

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