Ukrainian President Volodymyr Zelenskyy has clarified that the upcoming agreement with the United States, designed to support Ukraine’s post-conflict reconstruction, does not include any provisions for debt - whether $500 billion, $350 billion, or $100 billion.
The agreement, which outlines the creation of a joint reconstruction fund, stipulates that Ukraine will contribute 50% of the revenue generated from its natural resources. In turn, the US will support the fund’s budget, ensuring that resources are directed toward Ukraine’s development. The fund is also set to receive future revenues from the exploitation of natural resources under Ukrainian control.
According to the terms of the agreement, the fund’s assets are protected by a safeguard that prevents their sale or transfer without the consent of both parties. This provision is intended to ensure that the funds remain dedicated solely to Ukraine’s reconstruction and long-term development.
Zelenskyy’s remarks come as part of ongoing discussions aimed at rebuilding Ukraine’s economy after years of conflict. The assurance that no debt will be incurred is intended to alleviate concerns about future financial burdens on the country and to underscore the cooperative nature of the initiative with the United States.
As negotiations progress, both sides are expected to finalize the details of the fund, which promises to play a crucial role in Ukraine’s recovery and economic stability. The agreement marks a significant step forward in reinforcing Ukraine’s commitment to self-sustained development without resorting to additional debt.
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The United Nations has called for an investigation into a deadly attack on a girls’ primary school in Iran, which Iranian officials say has killed more than 100 children. The U.S. has said its forces “would not” deliberately target a school.
The United States has ordered non-emergency government personnel and their families to leave several Middle Eastern nations, including Qatar, Kuwait, Bahrain, Iraq, and Jordan.
The United States and Israel have carried out large-scale strikes on Iranian leadership and military targets, with Iranian state media confirming that Supreme Leader Ayatollah Ali Khamenei was killed.
Tensions between the U.S. and Iran are escalating, with Washington ordering a significant military build-up in the region and multiple countries evacuating diplomatic staff amid fears of further instability.
The Kremlin is utilising the recent United States and Israeli military strikes on Iran to validate its ongoing war in Ukraine. Russian officials are pointing to the escalation in the Middle East as evidence that Western nations do not adhere to international rules.
Saudi Arabia’s state oil giant Saudi Aramco closed its Ras Tanura refinery on Monday following an Iranian drone strike, an industry source told Reuters as Tehran retaliated across the Gulf after a U.S.-Israeli attack on Iranian targets over the weekend.
The Middle East crisis intensifies after the deadly attack on the compound of the Supreme Leader of Iran Ali Khamenei on Saturday that killed him, other family members and senior figures. Iran has launched retaliatory strikes on U.S. targets in the region.
U.S. President Donald Trump said the U.S. military has enough stockpiled weapons to fight wars 'forever' in a social media post late on Monday. The remarks came hours before conflict in Iran and the Middle East entered its fourth day.
Türkiye raised its security level for Turkish-flagged vessels in the Strait of Hormuz to Level 3 on Sunday (2 March). The development follows Iranian restrictions on shipping after U.S. and Israeli strikes and confirmation of Supreme Leader Ali Khamenei’s death.
U.S. President Donald Trump has said the United States has a “virtually unlimited supply” of munitions and is capable of sustaining military action indefinitely, as the conflict with Iran entered its fourth day.
The United Nations has called for an investigation into a deadly attack on a girls’ primary school in Iran, which Iranian officials say has killed more than 100 children. The U.S. has said its forces “would not” deliberately target a school.
U.S. first lady, Melania Trump chaired a UN Security Council meeting on children and education in conflict on Monday (2 March), a move criticised by Iran as hypocritical following U.S. and Israeli strikes that triggered a UN warning about risks to children.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 3rd of February, covering the latest developments you need to know.
Canadian Prime Minister Mark Carney arrived in Australia on Tuesday (3 March), aiming to bolster relations between the two so-called "middle powers" amid what he has called a "rupture" in world order.
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