International
EU countries agree to a new military support fund for Ukraine of 5 billion euros
The countries of the European Union (EU) reached a political agreement on Wednesday to promote a specific fund of military support to Ukraine endowed with 5 billion euros for this year.
The ambassadors of the Twenty-seven reached an agreement in principle to reform the European Peace Support Fund (FEAP), through which they have been co-financing the delivery of lethal and non-lethal equipment to Ukraine since the beginning of the Russian invasion and that will have the aforementioned item, specific to Kiev.
“The EU remains determined to provide lasting support to Ukraine and to ensure that the country receives the military equipment it needs to defend itself,” the Belgian Presidency of the Council of the EU said through social network X.
The EU High Representative for Foreign Affairs and Security, Josep Borrell, welcomed the political agreement and assured that the fund will increase European military support to Ukraine with another 5 billion euros.
“The message is clear: we will support Ukraine with whatever is necessary for it to prevail,” he said.
The EU countries have reached an agreement on this 5 billion euro EAFF supplement after extensive negotiations, although the details of the pact are not yet known.
Germany asked that the 8 billion it will dedicate to support Ukraine this year when establishing the compensations in the fund be taken into account, so that its contribution – which the countries make based on their Gross Domestic Product – takes into account the bilateral support already granted.
Berlin also wanted the fund to be used to encourage joint purchases of weapons and new ammunition for Ukraine, rather than to finance the delivery of existing material in the arsenals of the countries, in much of the Soviet era.
Countries such as France, Greece and Cyprus, in addition, insisted that the fund should privilege the acquisition of material in Europe.
In addition to the difficulties faced by the reform of the FEAP, Hungary had stated that it did not want to continue participating in that fund.
In addition to the difficulties faced by the reform of the FEAP, Hungary had stated that it did not want to continue participating in that fund.
To solve the issue of the a posteriori compensation raised by Germany, it has been agreed to maintain a contribution amount from each Member State but allowing it to integrate already agreed reimbursements, Community sources said.
Thus, a country can subtract from its contribution the amount that the fund has agreed to reimburse you, and this can mean that the figure is zero if the contribution and the reimbursement are equal, or if the expected reimbursement is higher.
On the other hand, on the question of the origin of the acquisition of the equipment, the proposal made by the Belgian presidency tried to balance the request of some Member States that the fund be used exclusively to finance purchases in the European defense industry and Norway, and the position of others who advocated greater flexibility.
In this way, the possibility of making joint acquisitions outside the European and Norwegian industry has been introduced in cases where its technological and military industrial base cannot supply material in time for Ukraine, while part of the fund would be reserved for joint acquisitions to the EU industry (and Norway), the sources specified.
The text of the agreement agreed today is expected to officially receive the green light at the Foreign Affairs Council to be held next Monday in Brussels.
At the beginning of the year, the military assistance provided to Ukraine by the EU and its member states since the beginning of the war was estimated at about 28 billion euros.
International
Trump criticizes Panama Canal fees and demands U.S. control over strategic waterway
U.S. President-elect Donald Trump criticized what he described as unfair fees imposed on American ships passing through the Panama Canal and threatened to demand that Washington take back control of the strategic waterway.
“Our Navy and commerce have been threatened in a very unjust and reckless way. The rates that Panama charges are ridiculous,” Trump wrote on his Truth Social platform.
The president-elect also denounced the growing influence of China in the canal, a situation he called concerning as U.S. businesses depend on the waterway to transport goods between the Atlantic and Pacific Oceans.
“This complete scam against our country will end immediately,” he stated.
The Panama Canal, completed by the United States in 1914, was handed over to Panama under the 1977 treaty signed by Democratic President Jimmy Carter. Panama took full control of the commercial passage in 1999.
“It was exclusively for Panama to manage, not China or anyone else,” Trump said. “We would never allow it to fall into the wrong hands!”
“If Panama cannot guarantee a ‘safe, efficient, and reliable’ operation of the canal, we will demand that the Panama Canal be returned to us in its entirety, without a doubt,” the Republican added.
Panamanian authorities did not immediately respond to Trump’s statements. While he will assume office on January 20, Trump has been exerting his political influence in the final days of President Joe Biden’s administration.
Five percent of global maritime trade passes through the Panama Canal, which allows vessels traveling from Asia to the U.S. East Coast to avoid the long and dangerous route around the southern tip of South America.
The countries that use the Panama Canal the most are the United States, China, Japan, and South Korea.
In October, the Panama Canal Authority reported earnings of nearly $5 billion in the last fiscal year.
International
Putin vows retaliation following drone attack on luxury building in Kazan
Russian President Vladimir Putin promised more “destruction” in Ukraine on Sunday, in response to a drone strike that hit a residential building in the city of Kazan, located in central Russia, on Saturday.
Russia accused Ukraine of launching a “massive” drone attack, which struck a luxury apartment block in Kazan, about 1,000 kilometers from the border.
Videos shared on Russian social media show drones hitting a high-rise glass building. No casualties have been reported as a result of the attack.
In his statements, Putin addressed the local leader of Tatarstan, the region where Kazan is located, during a virtual ceremony marking the opening of a road.
The attack in Kazan is the latest in a series of increasingly frequent bombings in this nearly three-year-old conflict. Ukraine has not commented on the attack.
Putin had previously threatened to strike the center of Kyiv with a hypersonic ballistic missile in response to Ukrainian attacks on Russian territory.
The Russian Ministry of Defense stated that the recent Russian strikes on Ukrainian energy facilities were retaliation for Ukraine’s use of Western-supplied missiles to target Russian territory.
International
Small plane crashes in Gramado, Brazil, killing nine people
At least nine people were killed on Sunday after a small aircraft crashed in a commercial area of the tourist city of Gramado, in the southern Brazilian state of Rio Grande do Sul, authorities confirmed.
“There are nine confirmed deaths according to Civil Defense services, and there are no survivors from the plane,” said Cléber dos Santos Lima, director of the Interior Police Department of the Civil Police of the state, in a statement to AFP.
Authorities have not yet confirmed the exact number of passengers and crew aboard the aircraft, a turbo-prop Piper Cheyenne 400. However, Civil Defense had previously stated that “preliminarily, the plane was carrying ten people.”
The plane crashed on Sunday morning “into the chimney of a building, then onto the second floor of a house, and finally fell onto a furniture store,” according to a statement from the Rio Grande do Sul Public Security Secretariat.
Trump criticizes Panama Canal fees and demands U.S. control over strategic waterway
Putin vows retaliation following drone attack on luxury building in Kazan
Small plane crashes in Gramado, Brazil, killing nine people
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