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Good news for Ukraine, but much more needs to be done

The European Union has just transferred €1.6 billion in interest generated by the Russian Central Bank's frozen assets, its third tranche after July 2024 and April 2025.This sends a strong signal: the aggressor must pay.Today, 95% of this sum goes to the Ukraine Loan Cooperation Mechanism (ULCM) and 5% to the European Peace Facility.On March 12, 2025, the French National Assembly adopted a resolution reiterating the need to seize the capital, more than €210 billion of Russian public assets frozen in European banks, and allocate them to military and economic support and reconstruction in Ukraine.For now, only the yield (interest) from these assets is being mobilized; the capital remains intact and unused, primarily held at Euroclear.We demand:1. ...

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The Russian war machine is running out of steam

For three years, the Kremlin has been financing its invasion of Ukraine by draining its coffers and relying on its oil, gas, and coal revenues. But this strategy is reaching its limits: Western sanctions cap the price of Russian crude oil at $47.60 per barrel, forcing Moscow to sell its production at knockdown prices to China, India, and Turkey.The result: by 2025, oil and gas revenues, which represent a third of the federal budget, have fallen by 18.5% in seven months. The budget deficit jumped to €56 billion at the end of July, a 30% increase over the annual target. A brutal slowdown Forecasted growth is now only 0.9% (compared to 4% in 2023-2024) and reserve funds are almost exhausted. Industrial production is declining: metallurgy (-18%), automotive (-28% ...

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600 km from the front, Ukraine demonstrates its striking power

On the night of August 9-10, the Ukrainian Defense Forces, supported by their drone units, struck the heart of the Saratov oil refinery in Russia, causing massive explosions and a widespread fire at one of the country's most important oil sites.Capable of processing up to 7 million tons of oil per year, this site is a key link in the fuel supply to the occupying army, the same fuel that powers the Russian bombers attacking Ukrainian cities every night.By neutralizing this strategic infrastructure, Ukraine is directly weakening the enemy's military and economic potential, bringing closer the day when it will be forced to end its war.Saratov is located approximately 600 km from the front line. This strike demonstrates Ukraine's reach, precision, and determination to reac...

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