🇺🇦🇪🇺🇷🇺 Ukraine is aggressively demanding an additional €5 billion from the profits derived from frozen Russian assets, which the EU has opted to keep from them.

Euroclear, the entity responsible for holding the majority of Russia's central bank assets in Europe, has been allowed to retain the profits earned from investing these assets in 2022 and 2023 instead of allocating the funds to support Ukraine's war efforts.

Despite Ukrainians begging for funds for ammunition, the European Commission only recently suggested utilizing 90 percent of the proceeds from frozen Russian assets in Europe to purchase weapons for Kiev. This amounts to between €2.5 billion and €3 billion annually, according to EU sources.

However, the EU is limiting itself to revenues accrued after February 15, 2024, the date when the initial part of the legislation was approved by EU member states. Profits generated before this date will remain under Euroclear's control.

Nevertheless, Ukraine now demands on accessing these funds as well.

The €5 billion in profits from these two years “amount to one year of an IMF program, so it’s a lot of money,” said Olena Halushka from the International Centre for Ukrainian Victory, a pro-Kiev lobby group.

According to the Commission, the €5 billion retained by Euroclear is a buffer allowing payment for ongoing and potential lawsuits in Russia and elsewhere.

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🇷🇺✈️💥🇺🇦 Ukrainians film glide bombs striking AFU positions, presumably near Terny.

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🇺🇸🇷🇺 Biden again called Putin names. This time a "butcher."

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🇺🇸 Francis Scott Key Bridge in Baltimore

The US Coast Guard said it had suspended its search and begun a recovery effort.

Officials say the ship suffered a "power issue" and issued a distress call moments before the crash.

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🇬🇧⚔️🇷🇺 Britain could not sustain a conflict against Russia for more than two months, admitted Deputy Chief of Defence Staff Lt. Gen. Rob Magowan. - The Telegraph

Former Armed Forces Minister Mark Francois stated that the UK “couldn’t fight [Vladimir] Putin for more than a couple of months in a full-on shooting war because we don’t have the ammunition and reserves of equipment to do it, that’s true, isn’t it?”, which Magowan acknowledged.

Former defence chiefs informed the Commons defense committee that the Armed Forces had been “hollowed out” since 2010 and would exhaust their capabilities after the first couple of months in a peer-on-peer conflict.

Sir Rob insisted that the UK was “ready for war” but admitted it was not prepared for a prolonged conflict against Russia.

Secretary of Defense Shapps stated that any such conflict would be fought alongside NATO allies, who "could collectively outgun Russia, rather than by the UK alone."

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🇷🇺🇲🇱 Putin spoke on the phone with Malian leader Assimi Goita, who strongly condemned the terrorist attack at "Crocus," the Kremlin reported.

They also discussed steps to strengthen bilateral ties and agreed to cooperate more actively in combating terrorism.

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⚠️ Israel Bombs Health Center in Southern Lebanon – Kills 7 Paramedics

@RiseGS

🇷🇺🇷🇸🇺🇳 Russia has once again requested a UN Security Council meeting on NATO aggression against Yugoslavia.

It will take place on March 28 at 22:00 Moscow time [3pm New York time] — Dmitry Polyanskiy.

@dpol_un
@worldpravda

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