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Ukraine allocates 10.8 billion euros more to its Army until the end of the year

The Ukrainian Supreme Rada (Parliament) approved this Wednesday to allocate 500 billion more grivnas (about 10.8 billion euros) to cover the financing needs of the Army until the end of the year, according to Ukrainian deputies on their social networks.

Ukrainian Prime Minister Denis Shmigal had previously explained that the original budget for 2024 would not be enough, since it had been calculated taking into account that the war would end this summer.

Ukraine devotes 100% of its taxes at the national level to military and defense expenses, and covers the financing of public services and other civilian expenses thanks to international aid.

As Shmigal explained at the time, each soldier costs the Ukrainian State an average of 32,000 dollars a year.

The budget rectification approved this Wednesday should be financed with the issuance of debt and with the increase in taxes such as the one applied to tobacco or fuel, as explained by the president of the Committee on the Budget of the Parliament, Roksolana Pidlasa.

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The Ukrainian Parliament approved on Tuesday in first reading (so it will require a second vote to be adopted) a tax increase that affects the so-called war rate, which taxes taxpayers to finance the Army and goes from 1.5 to 5%.

The new legislation also raises taxes on several tax segments and introduces changes in taxation for banks and companies.

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International

María Corina Machado kidnapped and forced to record videos before being released, says opposition

The Venezuela Command, the campaign team of opposition leader Edmundo González Urrutia, denounced the “kidnapping” and subsequent release of political leader María Corina Machado after she led a protest in Caracas on the eve of the Venezuelan presidential inauguration.

In a post on X, the opposition team stated that the former lawmaker was “intercepted and knocked off the motorcycle she was traveling on” after leading a rally in the Chacao area of the Venezuelan capital.

“Gunshots were fired during the incident. She was forcibly detained. During her kidnapping, she was forced to record several videos, and then she was released,” the statement added, which was made public nearly two hours after Machado’s party, Vente Venezuela, reported that she had been “violently intercepted.”

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International

Governor Jenniffer González expresses solidarity with Venezuela’s struggling opposition

Puerto Rico’s Governor Jenniffer González expressed her sorrow over Venezuela’s political crisis on Thursday and voiced her support for Venezuelan opposition leader Edmundo González Urrutia, just one day before President Nicolás Maduro is set to take office following the controversial July elections.

“I think it is sad that the Venezuelan people have to suffer the consequences of a dictator who came to power by deceiving the people. I recognize Edmundo González for his leadership,” the governor stated during a press conference, coinciding with a day of protests by Venezuela’s opposition.

“The Venezuelan community has my full support, and, as we have done in the past, we will maintain that line of communication with whatever we can collaborate on,” assured the Puerto Rican head of government.

González Urrutia is currently in the Dominican Republic, the last announced stop on his American tour, where he was accompanied by Dominican President Luis Abinader and former Latin American presidents from the Spain and Americas Democratic Initiative (Grupo Idea).

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International

Hundreds of venezuelan protesters demand ‘democratic change’ in Rome

Dozens of Venezuelans demonstrated in central Rome on Thursday to show their support for opposition leader Edmundo González Urrutia and demand a “democratic change,” on the eve of the presidential inauguration that has deeply divided the country.

The protest took place in the Roman square of Largo Argentina and gathered several members of the Venezuelan diaspora and refugees, who sang their national anthem and displayed signs with the slogan “Glory to the brave people.”

Around 150 participants were present, according to one of the coordinators of the protest, Celeste Puerta from the ‘Aiuto Venezuela’ Civic Movement, who spoke to EFE.

Similar actions have been organized in other Italian cities, including Bologna, Florence, and Milan in the north.

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