. The Israeli government has embraced Trump’s plan.
The agreement establishes a reconstruction investment fund, and both the U.S. and Ukraine will have an equal say in its management, according to Svyrydenko.The fund will be supported by the U.S. government through the U.S. International Development Finance Corporation agency, which Ukraine hopes will attract investment and technology from American and European countries.
Ukraine is expected to contribute 50% of all future profits from government-owned natural resources into the fund. The United States will also contribute in the form of direct funds and equipment, including badly needed air defense systems and other military aid.Contributions to the fund will be reinvested in projects related to mining, oil and gas as well as infrastructure.No profits will be taken from the fund for the first 10 years, Svyrydenko said.
Trump administration officials initially pushed for a deal in which Washington would receive $500 billion in profits from exploited minerals as compensation for its wartime support.But Zelenskyy rejected the offer, saying he would not sign off on an agreement “that will be paid off by 10 generations of Ukrainians.”
Ukraine’s rare earth elements are largely untapped because of state policies regulating the industry, a lack of good information about deposits, and the war.
The industry’s potential is unclear since geological data is thin because mineral reserves are scattered across Ukraine, and existing studies are considered largely inadequate, according to businessmen and analysts.Mohsen Mahdawi, center, speaks during a press conference announcing the launch of the Vermont Immigration Legal Defense Fund in the Cedar Creek Reception Room at the Vermont State House on Thursday, May 8, 2025, in Montpelier, Vt. (AP Photo/Alex Driehaus)
A spokesperson for Columbia University, which in Marchsweeping policy changes related to protests following Trump administration
to revoke its federal funding, declined to comment Thursday beyond the response of the school’s acting president to Wednesday’s protests.The acting president, Claire Shipman, said the protesters who had holed up inside a library reading room were asked repeatedly to show identification and to leave, but they refused. The school then asked police in “to assist in securing the building and the safety of our community,” she said in