Ukraine-Russia News
LAST UPDATE: July 31, 2025
Ukraine’s huge financing gap set to widen as war heats up and reforms stall
Rising war costs and stalled reforms are widening Ukraine’s budget gap. Kyiv secured only one-third of the $65 billion needed for 2026–2027, projecting a financing shortfall up to $58 billion.
Insight
The sharp disconnect between funding needs and reform progress imperils Ukraine’s fiscal sustainability—and casts doubt on continued EU and IMF support.
Ukraine’s parliament to consider restoring power of anti-graft agencies
Ukraine’s parliament is set to debate a bill restoring the independence of anti-corruption agencies NABU and SAPO, reversing prior legislation that weakened their authority.
Insight
Reinstating institutional oversight may be essential for unlocking withheld EU and IMF aid and restoring international confidence in governance reforms.
Russia strikes kill six in Kyiv, Moscow says captured key town
Russia carried out missile and drone attacks on Kyiv, killing at least six people (including a child), while claiming capture of strategic town Chasiv Yar in eastern Ukraine.
Insight
Kyiv is under intensifying military pressure even amid contested territorial claims. Moscow’s narrative may reinforce strategic gains regardless of ground reality.
Ukraine calls for ‘maximum pressure’ on Russia after latest attack
Following deadly strikes on Kyiv, Ukrainian leaders urged Western allies to apply “maximum pressure” on Russia via sanctions and military support.
Insight
Zelenskiy’s appeal underscores Ukraine’s strategy of leveraging diplomatic escalation to influence international policy and defense commitments.
