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Morning Headlines

AP News: Signing an agreement with Russia to stop the war with Ukraine would amount to signing a deal with the devil, a top adviser to Ukrainian President Volodymyr Zelenskyy said, as pressure mounts on the country to seek an end to more than two years of fighting (interview).

Reuters: The Pentagon has found $2 billion worth of additional errors in its calculations for ammunition, missiles and other equipment sent to Ukraine, increasing the improperly valued material to a total of $8.2 billion, a U.S. government report revealed on Thursday.

The Kyiv Independent: Following sounds of explosions heard by local residents, a fire was reported at the Saky military airfield in western town of Novofedorivka in occupied Crimea.

Reuters: Chinese foreign minister Wang Yi said China and Russia should maintain communication and coordination on East Asian cooperation to promote regional peace and stability amid international turbulence.

ISW: The Russian military command's willingness to expend a large number of armored vehicles on limited tactical objectives reflects poor longer-term operational foresight, and constraints on Russian equipment in the medium- to long-term will make such failed mechanized assaults costlier with time.

More News

The Kyiv Independent: At least four shell companies operating out of Hong Kong are facilitating the shipment of restricted military technology to Russia, according to an investigation by the New York Times published July 25.

POLITICO: The Kremlin will intentionally cause YouTube download speeds to plummet in the country in response to the streaming giant’s purported “anti-Russia policy,” a government official said Thursday.

The Kyiv Independent: A cyberattack by Ukraine's military intelligence agency has continued to cause disruptions across banking and telecommunications in Russia for a third day, an agency source told the Kyiv Independent on July 25.

Reuters: The Group of Seven wealthy democracies are likely to have a framework deal for a Russian-asset-backed $50 billion loan to Ukraine by October, in time to tap markets by year-end, European Economic Commissioner Paolo Gentiloni said on Thursday.

The Kyiv Independent: Ukraine's intelligence agencies launched on July 25 a project aimed at bringing back Ukrainian civilian hostages held by Russia in exchange for convicted pro-Russian collaborators.

Reuters: Italian bank UniCredit said on Thursday it was dropping some elements in its application to the European Court of Justice against a European Central Bank request to reduce exposure to Russia.

LRT: Various ministries and institutions in Lithuania are drawing up plans for the mass evacuation of civilians in case of a military conflict, according to the Interior Ministry.

The Kyiv Independent: Poland is providing Ukraine with its 45th military aid package since the start of Russia's full-scale invasion, Ukraine's former Ambassador to Poland, Vasyl Zvarych, said on July 25 in an interview with Ukrinform.

Reuters: Russian lawmakers gave preliminary approval to proposed legislation on Thursday that would allow foreign banks to open branches in Russia, a step the finance ministry said it hoped would alleviate issues with cross-border settlements.

AFP: Ukrainian Foreign Minister Dmytro Kuleba warned in Hong Kong on Thursday of Russia using the city to bypass sanctions levied by the West over its invasion of Ukraine.

Reuters: The increased use of digital assets in cross-border settlements between Russia and China is easing bilateral payment issues, digital platform Qifa told Reuters, as some settlements directly through banks are taking months to clear due to sanctions.

POLITICO: Russia launched 38 Shahed kamikaze drones at Ukraine overnight, three of which strayed into Romania's airspace, Romanian and Ukrainian ministries have confirmed.

The Insider reveals identity of arrested Russian chef-agent who planned “destabilizing” acts at Paris Olympic Games. Kirill Griaznov’s plot was foiled after he blabbed about his Kremlin ties while drunk in Bulgaria.

France 24: Putin held talks with Syrian counterpart Bashar al-Assad in Moscow amid calls for Russian mediation to cool tensions between Turkey and Syria.

Ukrinform: The Commander of the National Guard of Ukraine, Oleksandr Pivnenko, believes that in about 30 to 45 days, Russian troops will no longer be able to run active assault operations in multiple axes simultaneously and eventually go on the defensive.

The Kyiv Independent: Ukrainian law enforcement agencies cracked down on a Russian-run network planning arson attacks in populated areas of Ukraine and the EU, the Security Service of Ukraine said on July 25.

Reuters: The Netherlands and Denmark are ready to deliver 14 refurbished Leopard 2 tanks to Ukraine before the end of the summer, the Dutch defence ministry said on Thursday.

worth mentioning

North Korean hackers are stealing military secrets, U.S. and allies say

Hungary quietly takes €1B loan from Chinese banks

Spyware targeted MEP critical of Hungary

Court of Arbitration for Sport dismisses Russian appeal over Valieva medal

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