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Ukraine Latest: US to Send Four More Advanced Rocket Systems

Firefighters work at the scene of a Russian missile strike, in Bakhmut, Ukraine, on July 19.

Firefighters work at the scene of a Russian missile strike, in Bakhmut, Ukraine, on July 19.

Photographer: Igor Tkachev/AFP/Getty Images

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The Paris Club of creditors said it would suspend Ukraine’s debt service obligations until at least the end of 2023, while some of world’s largest private investors backed a plan by the government in Kyiv to freeze bond payments.

The EU proposed curbing gas consumption by 15% over the next eight months amid fears that the Kremlin could halt exports entirely. The International Monetary Fund warned Germany faces a loss of 4.8% of economic output if Russia shuts off supplies.