The Ukrainian General Staff reported that strikes on Russian enterprises and infrastructure have caused an estimated $74 billion loss in revenue, accounting for about 4% of Russia’s GDP. Almost 80% of these attacks targeted oil and gas infrastructure, including refineries and storage facilities, with the majority of strikes occurring within 1,000 kilometers of Ukrainian positions. These actions have prompted India, a major buyer of Russian crude, to seek alternative sources, potentially influenced by political pressures from the United States.
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During the upcoming summit in Alaska, Russian President Vladimir Putin is expected to present U.S. President Donald Trump with materials aiming to portray Ukraine as an artificial state, according to Ukraine’s Center for Countering Disinformation. The center warns that these materials, including geographical maps, are intended to justify Russia’s territorial claims and ongoing aggression. This move aligns with Russia’s historical narratives used to rationalize its actions, while Trump has previously indicated he would prioritize a ceasefire and suggested land swaps as part of a peace deal, raising concerns in Kyiv.
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Protesters in Anchorage, Alaska, rallied against the potential meeting between Donald Trump and Vladimir Putin, citing concerns over Putin’s status as a war criminal. The Native Movement NGO condemned hosting Putin in Alaska as a betrayal of historical values. Following the Alaska meeting, Trump planned a trilateral summit with the Ukrainian president. While European allies expressed cautious optimism, it was clarified that land-for-peace swaps would not be discussed with Putin without the Ukrainian president’s presence.
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Ukrainian forces have been targeting key Russian infrastructure, including energy sites and logistics hubs, in a series of recent attacks. On August 14th, Ukrainian drones struck the Olya seaport, reportedly damaging a ship carrying Shahed drone components and ammunition from Iran, a crucial location for importing military supplies. Other attacks include the LUKOIL-Volgogradneftepererabotka refinery and the Unecha oil pumping station, both critical to Russia’s fuel production and military supply chains. Furthermore, Russia’s air defenses claim to have intercepted numerous Ukrainian drones across various regions, including those over the Samara region where an oil refinery was also targeted.
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As of August 15, the Ukrainian Armed Forces’ General Staff reported that Russia had suffered a staggering loss of 1,068,040 troops since the full-scale invasion began in February 2022, including 940 casualties in the past day. In addition to the immense troop losses, the report details significant equipment destruction, including thousands of tanks, armored fighting vehicles, artillery systems, and various other military assets. The tally also encompasses losses of airplanes, helicopters, and naval vessels, underscoring the extensive impact of the ongoing conflict on Russia’s military capabilities.
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A Russian soldier, Artem Kulikov, has been sentenced to life imprisonment by a Ukrainian court for the murder of two civilians near Kupiansk. Kulikov, drafted from a Russian prison, was deployed to the Kharkiv region where he and another soldier abducted the civilians and executed them after they refused to provide information on Ukrainian military positions. This sentence comes as the UN reported the highest casualty count in the war since May 2022. The investigation also revealed Kulikov provided evidence against his commanders who ordered the killing of civilians.
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Japan’s Economy Ministry revealed a scheme where high-precision manufacturing equipment was sold to Russia through Chinese companies, circumventing sanctions. This investigation followed a warning from Ukraine that Russian forces were using Japanese-made machine tools, critical for weapon component manufacturing. The probe found over 300 precision machine tools from Tsugami Corp. missing after being sold to seven Chinese companies, with approximately 30 traced to Russia. Japan has ordered Tsugami to terminate contracts and cease support for the equipment, while a parallel investigation targets Ferrotec Holdings Corp., whose products also reached Russian defense contractors.
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The Norwegian Police Security Service (PST) has officially attributed a cyberattack on a hydropower dam in Bremanger to Russia, marking the first time Oslo has formally accused Moscow. The attack, which occurred in April, allowed water to flow unnoticed for four hours, releasing 500 liters per second. PST’s head stated the incident exemplifies a shift in activity from pro-Russian cyber actors aimed at creating fear and chaos. Although no injuries or damage resulted, the PST is warning that Russian intelligence services are actively attempting to gather information and recruit contacts within Norway.
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On August 14th, Ukraine and Russia completed a prisoner of war exchange, resulting in the return of 84 individuals, including military personnel and civilians, some held captive since 2014. This 67th exchange involved individuals detained even before the full-scale invasion, facing lengthy prison sentences. Many of the released require significant medical attention and rehabilitation. Among those freed were defenders of Mariupol, Ukrainian Navy soldiers, State Border Guard, and three women from the Donetsk and Luhansk regions, highlighting the varied backgrounds of those impacted.
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Following a video call with various world leaders, including U.S. President Donald Trump, French President Emmanuel Macron stated the U.S. is prepared to offer security guarantees to Ukraine post-war, though not through NATO membership, a key point for Russia. This stance from Trump was communicated just before his meeting with Russian President Vladimir Putin in Alaska. A joint statement from Macron, U.K. Prime Minister Keir Starmer, and German Chancellor Friedrich Merz, reaffirmed readiness to provide security guarantees to Ukraine and stated that Russia should not hold veto power over Ukraine’s potential EU and NATO membership. Territorial discussions will involve Zelensky, which Trump supports.
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