
Journalists uncover hidden assets of MP Vatsak: $3.5m car fleet and state losses
Investigation reveals network of luxury cars in Gennadiy Vatsak's circle and series of violations in his business causing multi-million losses to state budget.

Investigation reveals network of luxury cars in Gennadiy Vatsak's circle and series of violations in his business causing multi-million losses to state budget.

Law enforcement officers discovered a contraband batch of electronics in a minibus crossing the state border via the Krakovets – Korchova checkpoint.

A court in Chernihiv has sentenced the head of a military medical commission to prison for establishing and leading an organised group that issued fictitious medical certificates.

Officers Mykola Savchenko and Ihor Voloshko rescued a woman and her grandson from the rubble after a Russian shelling. During the evacuation, Savchenko lay on top of the child to protect him from a new UAV launch.

Mass march in Canada for affordable education ended in riots. Police used tear gas, and three demonstrators were detained.

Major tech giants are financing their own clients to purchase their services. The IMF has allocated $1.4 trillion to such cyclical deals.

The Ukrainian tennis player secured a victory in the final round of the group stage with a score of 6:3, 3:6, 6:1 and will continue her campaign at the tournament in Indian Wells.

The Cabinet of Ministers approved a bill on updating the strategy, which provides for the restoration of war-damaged territories and the integration of EU requirements.

Armin Papperger, head of Germany's largest defence company Rheinmetall , has criticised Europe's defence spending policy, stating that the continent is effectively devoid of influence in international negotiations on Ukraine.
In an interview with the Financial Times, he noted that years of underfunding the military have led to European states no longer being perceived as equal participants in the dialogue.
"If you do not invest in defence, if you are not strong, you are treated like children," Papperger stated. In his view, European governments have erroneously assumed for decades that defence spending at 1% of GDP was sufficient.
Papperger used a vivid metaphor, comparing Europe's position on the diplomatic stage to children at a table, with the US and Russia acting as the principal negotiators. He attributes this situation not only to Europe's political dependence on Washington but also to a significant weapons deficit caused by years of military budget cuts.
The head of Rheinmetall emphasised that the weakness of the defence sector makes European countries dependent on external partners. In the event of a protracted conflict or a new threat, they would be forced to rely on supplies from the US, thereby reducing their autonomy in security matters.
Despite discussions of possible peace negotiations with Russia, Papperger doubts their effectiveness. He predicts that even if a ceasefire agreement is reached, European countries will continue to actively build up their military potential.
"Even in the event of peace being concluded, demand for weapons will not decrease, as Europe has realised the need to invest in defence," he noted.
Thus, the head of Rheinmetall made it clear that European countries face the inevitable necessity of increasing military spending. Otherwise, their role in global negotiations will remain secondary, and their dependence on external partners will only intensify.
Comments
No comments yet. Be the first!