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Kiev reveals its weapons losses

Ukraine has lost up to 50% of its heavy-weapons stock, including 400 tanks, the country’s land forces command logistics commander, Volodymyr Karpenko, revealed earlier this week amid the ongoing Russian military offensive in his country. In an interview with National Defense Magazine, Karpenko said that “as a result of active …

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Zelensky adviser concedes huge Ukrainian military losses

The Ukrainian Armed Forces can admit to having lost around 10,000 personnel since the beginning of the Russian military offensive in late February, presidential aide Alexey Arestovich indicated on Friday, while claiming Moscow’s losses are significantly higher.  Russian sources believe that Kiev is significantly underestimating its casualties.  In an interview with …

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Ukraine gives update on combat losses

Ukraine is losing from 100 to 200 troops daily in the battle for the Donbass against Russia, Mikhail Podolyak, an aide to Ukrainian President Volodymyr Zelensky, told the BBC on Thursday. The numbers are higher than earlier figures acknowledged by Kiev. Just over a week ago, President Zelensky said that …

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Serbia counts losses from EU’s Russian oil ban

Serbian President Aleksandar Vucic said on Monday his country has incurred significant losses due to EU sanctions against Russia, particularly on oil supply. “Only by imposing sanctions on Russian oil, they [the European Union] directly took $600 million from our pocket!” he said on national television, stressing that the money …

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Massive job losses feared in Austria without Russian gas

The suspension of Russian gas supplies would be “a serious blow” to the welfare of the Austrian people as it threatens some 300,000 jobs, Kronen Zeitung newspaper reported citing the Federation of Austrian Industries. According to the president of the federation, Georg Knill, almost the entire food industry depends on …

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Disney reveals losses from leaving Russian market

The Walt Disney Company published a financial report on Wednesday, claiming it had lost $195 million from shutting down its Disney Channel alone in Russia.  “In the current quarter, the Company recorded charges totaling $195 million due to the impairment of an intangible asset related to the Disney Channel in …

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Russia reveals sunken warship’s crew losses

As a result of a fire on April 13, the Black Sea Fleet flagship Moskva was seriously damaged due to a detonation of ammunition, Russia’s Ministry of Defense claimed on Friday. One serviceman died and another 27 crew members went missing, it said. Attempts by the crew to put out …

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Zelensky estimates Ukraine’s financial losses

Ukrainian President Volodymyr Zelensky told the World Bank and the IMF on Thursday that his country has already suffered more than half a trillion dollars’ worth of damage and needs billions in aid every month just to stay afloat. Kiev authorities estimate the country’s GDP is down anywhere between 30-50%. …

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