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  • Writer's pictureBy The Financial District

Forbes Estimates Russia Has Spent $82-B For Ukraine War

Forbes has estimated that Russia had already spent $82 billion on its tottering invasion of Ukraine since Feb. 24, which is already 25% of its national budget. The magazine calculated that Russia fires between 10,000 to 50,000 artillery shells per day, with each round costing $1,000.


Photo Insert: Russia's spending on the Ukraine invasion has amounted to more than $5.5 billion on artillery supplies alone.



It brings Russia's spending to more than $5.5 billion on artillery supplies alone, Kyiv Independent reported.


UK Defense Secretary Ben Wallace is urging Ukraine to press its advantage by intensifying its offensive against the "poorly trained, poorly equipped" Russian armed forces.



"Given the advantage, the Ukrainians have in equipment, training, and quality of their personnel against the demoralized, poorly trained, poorly equipped Russians, it would be in Ukraine’s interest to maintain momentum through the winter,” Wallace was quoted by the Daily Beast as saying.


“They have 300,000 pieces of arctic warfare kit, from the international community”—a crucial requirement for any winter offensive."


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Ukrainian intelligence has intimated that Russia needs a week to prepare next mass attack on Ukraine. While Russian reserves of high-precision weapons are exhausted, Moscow still has many less accurate missiles left, according to Andrii Yusov, a spokesman of the Defense Ministry’s Main Intelligence Directorate.


Electricity for Kyiv residents will be reduced to between 2 and 3 hours daily until power systems are fully operational. Dmytro Saharuk, the executive director of Ukraine’s largest private energy company DTEK, said on Nov. 24 that the city’s critical infrastructure has partially been restored.


Government & politics: Politicians, government officials and delegates standing in front of their country flags in a political event in the financial district.

He said electricity has been restored to 30% of the city’s residents. DTEK will reportedly revert back to scheduled power outages once the system is stabilized.


Ukrainian nuclear power plants begin to resume operation after Russia's Nov. 23 mass missile strikes.


The Russian-occupied Zaporizhzhia Nuclear Power Plant (ZNPP) has received power for its in-house needs and soft launch operations are being carried out at the power units at three Ukrainian-controlled nuclear power plants – Rivne, South Ukraine, and Khmelnytskyi, Ukraine's nuclear energy company Energoatom reported.





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