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US and Ukraine Sign Memorandum Paving Way for Controversial Mineral Deal
Ukraine and the United States have signed a preliminary memorandum of intent aimed at finalizing a far-reaching economic partnership and reconstruction investment fund focused on mineral exploitation. The document, seen by Euronews, marks a significant step toward what could be a landmark agreement shaping Ukraine’s post-war economic recovery.
The memorandum, signed on Thursday by Ukraine’s First Deputy Prime Minister Yulia Svyrydenko and US Treasury Secretary Scott Bessent, sets the stage for high-level negotiations in Washington between April 21 and 26. According to the document, Ukrainian Prime Minister Denys Shmyhal will travel to Washington during that week to lend political backing to the final round of technical discussions.
The goal is to conclude talks by April 26 and sign the agreement shortly afterward. “Negotiating teams are expected to report on progress by April 26, 2025, with the aim of completing discussions by that date and signing as soon as possible,” the document reads.
The proposed agreement is not without controversy. It outlines the creation of a joint investment fund that would give the US considerable influence over Ukraine’s critical infrastructure and natural resources. The fund’s board would be made up of five members—three appointed by the US and two by Ukraine—effectively granting Washington veto power over major decisions.
Under the deal, Ukraine would be required to submit all major infrastructure and resource projects—including those involving roads, ports, railways, and mineral extraction—to the fund for approval. If rejected, Kyiv would be barred from offering the same projects to other countries under more favorable terms.
Furthermore, the US would receive all profits generated by the fund and a 4% annual return until the total military and financial assistance—estimated at €114 billion by the Kiel Institute for the World Economy—is repaid. This “payback” structure has been championed by former President Donald Trump, who remains a key figure in ongoing US foreign policy despite current tensions with Ukrainian leadership.
The agreement also notes potential legal conflicts with Ukraine’s EU accession obligations and international financial commitments. However, the US pledged not to interfere in those matters. “The United States respects Ukraine’s intention to avoid conflicts in the drafting of the agreement with Ukraine’s obligations under European Union accession,” the document states.
The deal comes amid growing tensions between the US and Ukraine. Relations have deteriorated since Trump initiated backchannel talks with Russian officials to end the war, reportedly excluding Ukrainian President Volodymyr Zelenskyy from the process. A heated Oval Office meeting between Trump and Zelenskyy in February only deepened the rift.
Meanwhile, US Secretary of State Marco Rubio was in Paris this week to consult with European allies. Speaking to reporters Friday, Rubio warned that Washington could pull out of peace negotiations if no meaningful progress is achieved soon.
As talks in Washington approach, the proposed investment fund is expected to dominate headlines—and draw scrutiny over its implications for Ukraine’s sovereignty and economic independence.
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Deaths of Two Algerian Resident Doctors Renew Calls to Reform Hospital Work Rules
The deaths of two resident doctors in Algeria within days of each other have renewed calls for urgent changes to working conditions in the country’s public hospitals, where medical unions say chronic staff shortages, long shifts and inadequate resources are placing healthcare workers under severe pressure.
Dr Aymen Badis, a resident neurosurgeon at Frantz Fanon Hospital in Blida, died of a heart attack after completing a 24-hour on-call shift. Days later, a resident anaesthesiologist died while working at Mohamed Lamine Debaghine University Hospital in Algiers.
Colleagues linked the second death to exhaustion and intense working conditions in social media posts. Algeria’s Health Ministry denied that the doctor had been working an overnight shift when she died, but the statement drew criticism from medical professionals who said it failed to address the wider pressure facing hospital staff.
The National Union of General Public Health Practitioners called for a comprehensive review of the on-call system, saying years of policies had contributed to exhaustion among doctors and nurses.
The union said the death of Dr Badis after what it described as an exhausting shift required an immediate response. It also urged authorities to revise the rules governing on-call duties, increase allowances and introduce a legal limit on shift lengths.
The latest deaths have added to a long-running dispute between Algeria’s medical community and the authorities. Doctors have reported working as many as 10 on-call shifts a month in understaffed departments, although some say they are paid for only six.
Resident doctors, who carry much of the daily workload in public hospitals, have also raised concerns about salaries, low night-shift allowances, broken equipment and overcrowded emergency departments.
Medical workers have been demanding changes to an executive decree introduced in 2013 that regulates on-call duties. The National Union of Public Health Practitioners has also called for a minimum monthly salary of 140,000 Algerian dinars for doctors.
The crisis is intensified by regional disparities. Specialist doctors and advanced medical facilities are concentrated in major cities, while inland provinces face shortages of both medical staff and equipment. Hospitals can wait months for repairs to MRI scanners and X-ray machines because procurement procedures delay the purchase of replacement parts.
Algeria has also faced a growing loss of medical professionals to emigration. French Medical Council figures showed that Algerian-trained doctors accounted for 38.8 per cent of non-EU-qualified doctors registered in France as of January 2025.
Doctors say the decision to leave is driven not only by pay but also by limited career opportunities, overcrowded hospitals and concerns over assaults against medical staff.
The deaths have placed renewed pressure on authorities to address working conditions and prevent the country’s public health system from losing more doctors to exhaustion and emigration.
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