The 69th day of the war against the Russian invaders continues in Ukraine. On May 5, 2022, fighting at Azovstal was ongoing, law enforcement agencies of Spain detained Anatoly Shariy, and an International donors conference collecting funds for Ukraine raised $6.5 billion. has compiled business, political, and economic news that will help you learn more about the situation in the country that has been fighting for its right to exist for more than two months.
The top news about the war as of May 5:
- On May 4, law enforcement agencies of Spain detained Anatoly Shariy, the Security Service of Ukraine reported. According to the SSU investigators, he carried out illegal activities to the detriment of the national security of Ukraine in the information field. There are reasons to believe that Shariy acted under the orders of foreign structures.
- Iryna Vereshchuk, Minister for Reintegration of the Temporarily Occupied Territories, said that 344 evacuees, including those from Mariupol, have already arrived in Zaporizhzhya.
'Today, as part of the Mariupol humanitarian corridor, 344 people were evacuated. These are women, children, and elderly people from Mariupol, Mangush, Berdiansk, Tokmak, and Vasylivka. All of them have just arrived in Zaporizhzhya. Our yet another little victory', Vereshchuk wrote on Telegram.
- Fighting in the territory of the Azovstal steel plant in Mariupol besieged by the Russian occupants is ongoing, and the invaders are still inside the plant, said the deputy commander of the Azov regiment captain Sviatoslav Palamar. Commenting to the reporters of Channel 24, Palamar said that the occupants have been staying at the plant for the third day, the battle continuing all along.
Top news on politics as of May 5
- The UK provided £45 million for the most vulnerable people affected by the Russia-Ukraine war. The money will be received by UN agencies and charities working on the ground to provide care, support, and protection for those in need. Among them, £15 million will go to the UN Ukraine Humanitarian Fund. A further £15 million will go to UNICEF to fund vital services like nutrition for pregnant women and mental health support for children.
- European Council President Charles Michel assures that the proposals of the European Commission on an embargo on buying Russian oil as part of the 6th package of sanctions over the war Russia started against Ukraine will be supported by all EU member states. He told this in an interview given to the Interfax-Ukraine News Agency.
- Japan will soon provide $300 million to the Ukrainian government, said the ambassador of Japan to Ukraine Matsuda Kuninori. "As for humanitarian aid. We have already promised and started providing $200 million. Second, as for direct budgetary, economic, and financial support to Ukraine, we have announced and will soon be giving $300 million to the government of Ukraine," said the ambassador at an International donors conference for Ukraine in Warsaw on Thursday. In addition, he noted that Tokio is calling on all the local governments in Japan to join the restoration of Ukraine after it becomes possible.
Top news on economy as of May 5
- The Cabinet of Ministers approved the regulation on the United24 single governmental online platform to collect donations to support and rebuild Ukraine. The Ministry of Digital Transformation will be responsible for the creation of the platform. The President of Ukraine Volodymyr Zelenskyy also announced the platform.
- An international donors conference aimed at collecting money for Ukraine in need of help due to the war collected $6.5 billion. Poland’s Prime Minister Mateusz Morawiecki told this on Thursday in Warsaw giving his speech at the end of the event.
- The EU will allocate EUR 200 million for internally displaced persons (IDPs) in Ukraine, said the President of the European Commission Ursula von der Leyen.
'We are happy to pledge EUR 200 million for people in Ukraine, the internally displaced persons in Ukraine. And I hope that many, many more will follow us', she said at the High-level International Donors' Conference for Ukraine in Warsaw.
Top news on business as of May 5
- The government-owned PrivatBank has launched the voice biometrics technology for delivering secure customer support without asking security questions, the press service of the bank reported. According to the report, to use the technology you need to create a voiceprint (voice record) using the web version of Privat24.
- Oil giant Shell fired its executive officers in its LNG joint venture with Gazprom Sakhalin-2. Other managerial and technical personnel have lost their offices.
- Almost 300 Ukrainian companies and organizations have ties with 251 Russian enterprises. In addition, 40 of them are members of well-known financial-industrial groups or corporate groups. This was reported based on the study of data from the unified state register of legal entities of the RF to find Ukrainian companies in the ownership structure of Russian companies conducted by specialists of the YouControl R&D center.
Context.
- We have already reported about the updates in the chronicle of the world’s economic war against Russia as of May 5th.
- In addition, covered the combat losses of the Russian invaders as of May 5, 2022.