Second Rapid Damage News Today

Ukraine seems to be running circles around Russia in the Black Sea these days. Frequent Ukrainian attacks on Crimea have dealt a blow to Russia’s Black Sea Fleet, while vessels are coming and going from Ukraine’s Black Sea ports in defiance of Russia exiting the Black Sea Grain Initiative. Despite exporting significantly lower volumes than the grain initiative brokered by Turkey and the UN last year, experts say Ukraine’s new trade route may be picking up steam, the Kyiv I...

The Government of Ukraine, the World Bank Group, the European Commission and the UN have revised upwards their assessment of Ukraine's needs for recovery as of February 24, 2023 to $411 billion from $349 billion as of June 1, 2022.