logo
Minerals deal 'important part' of future security guarantees, ambassador says

Minerals deal 'important part' of future security guarantees, ambassador says

Yahoo05-05-2025

The minerals deal signed between Ukraine and the U.S. is "an important part of... future security guarantees," Ukraine's ambassador to the U.S., Oksana Markarova, said on May 4 in an interview with CBS News.
"So this economic partnership deal in itself is a very important part of the broader security... architecture... frankly, that fund will be successful if Ukraine is stable and peaceful. So in a way, it's an important part of... future security guarantees," Markarova .
"(T)his is an economic partnership agreement to create an investment fund... for both of our nations to benefit from amazing investment opportunities that Ukraine has," Markarova added.
Ukraine and the U.S. on April 30 signed a that establishes a joint investment fund in Ukraine. The deal was negotiated over several months and led to a low point in bilateral relations following the infamous between President Volodymyr Zelensky and U.S. President Donald Trump on Feb. 28.
Markarova noted the minerals agreement is an "economic partnership agreement" beyond just rare earths.
"(I)t's a true partnership where we would be able to put resources together in order to invest into a wide range of projects, including , including rare earths, including critical minerals, and both of our nations will benefit from it," Markarova said.
"Ukraine has agricultural land and black soil... even during the war, we feed more than 400 million people. We have , we have... critical mineral deposits. We have so much, including... human talent, and we can develop it together," she said.
Markarova noted the minerals deal builds on U.S. support for Ukraine throughout Russia's full-scale against Ukraine.
"(W)e might have some disagreements... in some areas, but Ukraine is committed to peace. Ukraine wants more than anyone. We are defending freedom in Ukraine. We are not the ones who started this war," Markarova said.
Markarova described the relationship between Ukraine and the as a "strategic partnership."
"Look, our partnership with the U.S. is very important... We are really grateful to (the) American people for all the support that we are getting from the U.S. It would not be possible for us to defend ourselves without those Javelins, without those that (the) U.S. has provided us," Markarova said
First Deputy Prime Minister and U.S. Treasury Secretary Scott Bessent signed the minerals deal in Washington on April 30.
The could begin operating within months of its ratification by the Verkhovna Rada, Svyrydenko said on May 1.
Read also: 'I just hate the Russians' — Kyiv district recovers from drone strike as ceasefire remains elusive
We've been working hard to bring you independent, locally-sourced news from Ukraine. Consider supporting the Kyiv Independent.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The Scofflaw Strongman
The Scofflaw Strongman

Yahoo

time34 minutes ago

  • Yahoo

The Scofflaw Strongman

DONALD TRUMP SAYS HIS LATEST VENTURE into dictatorship—deploying the National Guard and Marines against American citizens, over the opposition of state and local officials—is about safeguarding the rule of law. 'If we see danger to our country and to our citizens, we'll be very, very strong in terms of law and order,' Trump told reporters on Sunday, as protests escalated in Los Angeles against his deportations. 'It's about law and order.' Don't believe it. Trump is using the Guard and the military to enforce his will, not the law. The evidence of his insincerity is what he did four years ago: When rioters were on his side, he didn't call in the Guard. He embraced the criminals, pardoned them, and purged the law enforcement officials who prosecuted them. He's a despot and a scofflaw. In the Los Angeles uprising, Trump—like every authoritarian before him—claims to be saving his country from chaos. 'Violent, insurrectionist mobs are swarming and attacking our Federal Agents,' he declared on Sunday afternoon. 'These lawless riots only strengthen our resolve.' A few hours later, he called for 'bringing in the troops . . . RIGHT NOW!!! Don't let these thugs get away with this.' And on Monday afternoon, he ridiculed any suggestion that the protesters were peaceful. 'Just one look at the pictures and videos of the Violence and Destruction,' he wrote, 'tells you all you have to know.' Insurrectionist mobs. Lawless riots. Videos of violence. We've heard such alarming descriptions before. And on January 6, 2021, we saw how little Trump cared about them. Share AT 1:21 P.M. THAT DAY, AS TRUMP returned to the White House after instructing his supporters to march on the Capitol, he was told twice by a member of his staff, 'They're rioting down at the Capitol.' The exact moment of this encounter was captured in a photograph. Trump replied, 'All right, let's go see.' He went to his dining room and watched on TV as the riot proceeded. For the next hour, TV networks aired videos of the violence and destruction. Like this week's videos from Los Angeles, they told the president all he needed to know. But Trump did nothing. Toward the end of that hour—somewhere between 2:13 and 2:24 pm, according to the final report of the House January 6th Committee—Trump's chief of staff, Mark Meadows, informed White House Counsel Pat Cipollone that Trump 'doesn't want to do anything' about the ongoing assault. A few minutes later, Cipollone was heard to tell Meadows, 'They're literally calling for the Vice President to be F'ing hung.' And Meadows was heard to reply, 'You heard him, Pat. He thinks Mike [Pence] deserves it. He doesn't think they're doing anything wrong.' Meanwhile, in a phone call, House Republican Leader Kevin McCarthy warned Trump that the rioters 'literally just came through my office windows, and my staff are running for cover. I mean, they're running for their lives. You need to call them [the assailants] off.' Trump responded by rebuking McCarthy: 'Well, Kevin, I guess they're just more upset about the election theft than you are.' These conversations took place as Fox News, which Trump was watching, reported that police had been injured and that rioters inside the Capitol were 'feet from the House chamber.' On the screen, according to the House committee report, Fox 'was showing video of the chaos and attack, with tear gas filling the air in the Capitol Rotunda.' Throughout the afternoon, Trump's aides, family, and friends implored him to tell the rioters to go home. He refused. Not until 4:17 p.m., nearly three hours after being informed about the riot, did he comply. Join now TRUMP NOW CLAIMS that he told the rioters to be peaceful and that he offered ten thousand National Guard troops to protect the Capitol. The first claim is misleading. The second is a lie. The House report shows that before and during the assault, Trump resisted entreaties to call for peace. On January 6th, a text message to one of his top aides, Hope Hicks, said Trump 'should tweet something about Being NON-violent.' Hicks wrote back: 'I suggested it several times Monday and Tuesday and he refused.' At one point in his incendiary speech that morning, Trump did ask his followers to march to the Capitol 'peacefully.' But that phrase, according to the House report, was 'scripted for him by his White House speechwriters.' The main theme of the speech was to 'fight like hell.' Another Trump aide, Sarah Matthews, told the committee that once the riot was underway, Trump resisted pleas to call for peace. He did use the term 'peaceful' in a tweet at 2:38 p.m., but only grudgingly. Trump's press secretary, Kayleigh McEnany, told Matthews that Trump 'did not want to include any sort of mention of peace in that tweet.' Trump's other January 6th story, about the National Guard, is also a sham. His acting defense secretary, his Army secretary, and his chairman of the Joint Chiefs of Staff all testified that he never ordered the Guard to deploy that day. He never even spoke to these officials. Instead, during the riot, he used his phone to press members of Congress to do what the mob wanted: overturn the election. It's true that before the attack, Trump talked about the possibility of needing guardsmen. But it was never about protecting the Capitol. It was, in Meadows's words, to 'protect pro Trump people' from anti-Trump protesters. In short, everything Trump decries in Los Angeles happened on January 6th, and more. A violent, insurrectionist mob swarmed and attacked police. And instead of bringing in the Guard 'RIGHT NOW,' Trump watched the assault, encouraged the mob, and waited to see whether it would keep him in power. In fact, when he returned to office this year, Trump pardoned nearly everyone who had pleaded guilty to or had been convicted of assaulting police on January 6th. He said the insurrectionists were right: 'They were protesting a crooked election.' He purged the prosecutors who had handled those cases. And in a speech at the Department of Justice, he boasted that he had 'removed the senior FBI officials' who, in his words, had persecuted the 'J6 hostages.' Share NOW, AS HE DEPLOYS THE MILITARY against protesters in an American city, Trump invokes 'law and order' as a bogus excuse. And he vows to go further. On Monday, he announced a policy of escalation against protesters. 'If they spit, we will hit,' he wrote on Truth Social. 'This is a statement from the President of the United States. . . . The Insurrectionists have a tendency to spit in the face of the National Guardsmen/women, and others. . . . IF THEY SPIT, WE WILL HIT, and I promise you they will be hit harder than they have ever been hit before.' On Tuesday, speaking to troops at Fort Bragg, Trump said he was seizing control of the National Guard and ending the tradition of consulting governors. 'We will use every asset at our disposal to quell the violence and restore law and order right away,' he declared. 'We're not going to wait . . . for a governor that's never going to call.' And in remarks in the Oval Office, Trump said his policy of escalating state violence would apply to anyone who protests the military parade on June 14, his birthday. 'If there's any protester [who] wants to come out, they will be met with very big force,' he warned. 'For those people that want to protest. . . . They will be met with very heavy force.' This is not a man defending the rule of law. This is a man continuing the project he began in his first term and tried to complete on January 6th: replacing the rule of law with himself. Share The Bulwark

Russian drone kills woman in Donetsk Oblast
Russian drone kills woman in Donetsk Oblast

Yahoo

time35 minutes ago

  • Yahoo

Russian drone kills woman in Donetsk Oblast

One person has been killed as a result of a Russian drone strike on the village of Raiske in Donetsk Oblast. Source: Vadym Filashkin, Head of Donetsk Oblast Military Administration; State Emergency Service of Ukraine on Telegram Quote: "A woman has been killed in a Russian UAV strike on the residential area of Raiske, the Druzhkivka hromada." [A hromada is an administrative unit designating a village, several villages, or a town, and their adjacent territories – ed.] Aftermath of the Russian attack Photo: State Emergency Service Details: The Russians partially destroyed a house. The strike caused a fire, which was extinguished by firefighters. Aftermath of the Russian attack Photo: State Emergency Service "During search and rescue operations, emergency workers found and recovered the body of a 69-year-old woman from under the rubble of the house," the SES reported. Support Ukrainska Pravda on Patreon!

How Much Money You Would Have If the U.S. Made These 3 Policy Changes
How Much Money You Would Have If the U.S. Made These 3 Policy Changes

Yahoo

time37 minutes ago

  • Yahoo

How Much Money You Would Have If the U.S. Made These 3 Policy Changes

Policy changes at the federal level can impact your personal finances. It can either put thousands of dollars back in your pocket or quietly drain your wallet over time. Here are three policy changes that can have a positive impact on your finances if they become law. For You: Read Next: The most immediate financial relief could come from Senate Bill 381, which proposes capping credit card interest rates at 10%. This change would provide substantial savings for millions of Americans struggling with high-interest debt. 'One policy change that could significantly impact the average American is the pending Senate Bill 381, which proposes a cap on credit card interest rates at 10%,' said Josh Richner, founder and senior advisor at FaithWorks Financial. Discover Next: As of February 2025, the average credit card APR stands at 21.37% and the average credit card debt per American is approximately $6,455, according to TransUnion, one of the three major credit reporting agencies. 'At today's average APR, carrying a $6,455 balance results in roughly $1,380 in interest over a year. If interest were capped at 10%, the annual interest would drop to around $645, saving the average consumer more than $735 a year,' Richner said. For individuals with higher credit card debt, the savings become even more significant. Another proposed policy under Trump Accounts, dubbed the 'One Big Beautiful Bill,' would create a federally-funded savings account with a $1,000 deposit for children born between Jan. 1, 2025 and Jan. 1, 2029. Families could contribute up to $5,000 per year until the child turns 18. 'Assuming a family contributes the maximum $5,000 annually and the account earns an average annual return of 7%, the account could grow to approximately $170,000 by the time the child reaches 18,' Richner added. 'If families make no additional contributions, the initial $1,000 federal seed investment could grow meaningfully over 18 years, depending on the investment's annual return. Assuming the same 7% annual return, the $1,000 could grow to approximately $3,380 by the time the child turns 18.' This nest egg could go toward college, a first home or starting a business, giving the next generation a meaningful financial head start. Monetary policy changes that lower interest rates could deliver big savings across multiple areas of households' financial lives. 'Lower interest rates can have a ripple effect on the entire economy, influencing everything from consumer spending and business investments to the housing market and job creation,' said Aaron Razon, personal finance expert at Couponsnake. 'If borrowing costs decreased even by 1%, households might save thousands of dollars annually in loan and mortgage payments.' More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 8 Common Mistakes Retirees Make With Their Social Security Checks 5 Types of Cars Retirees Should Stay Away From Buying This article originally appeared on How Much Money You Would Have If the U.S. Made These 3 Policy Changes Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store