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August 27th - According to sources, Russia implemented strict spending restrictions after experiencing a liquidity crisis in April, which exposed the escalating costs of the Russia-Ukraine conflict. The sources stated that with the Ministry of Finances federal budget balance falling to a negative 5.5 trillion rubles (approximately $65.3 billion), Russian Finance Minister Siluanov warned Prime Minister Mishustin that there was insufficient cash that month to make all necessary payments on time.
Ukrainian President Volodymyr Zelensky has arrived in Moldova.
SK Hynix CEO: We will continue to expand our investment and cooperation in the United States.
The Swedish government will donate 10 coast guard vessels to Ukraine.
SK Hynix CEO: We are in discussions with more than 100 material, equipment and component partners to establish a local supply chain.