Section: Economy

      World Bank allocated an additional $2.5B to Ukraine
      Feb25

      World Bank allocated an additional $2.5B to Ukraine

      The World Bank allocated an additional financial package to Ukraine in the amount of $2.5 billion on February 24, 2023, aimed at supporting key sectors, including education and health systems, pension payments and financial assistance to internally displaced persons of Ukraine. Source: The World Bank  This grant is direct budget support to the...

      European Union approved the 10th package of sanctions against Russia
      Feb25

      European Union approved the 10th package of sanctions against Russia

      The countries of the European Union approved another, already the 10th package of sanctions against Russia due to its illegal invasion of Ukraine on February 24, 2023, an anniversary of Russia’s full-scale war against Ukraine. Source: Swedish Presidency of the Council of the EU “It’s one year since Russia’s brutal and illegal invasion...

      USA announced a new package of military aid to Ukraine worth $2B
      Feb24

      USA announced a new package of military aid to Ukraine worth $2B

      US Department of Defense noted on February 24, 2023, that the United States would provide Ukraine with a new package of security assistance in the total amount of $2 billion. Source: US Department of Defense “Today, the Department of Defense (DoD) is announcing a new security assistance package to reaffirm the steadfast support of the...

      Great Britain expanded sanctions against Russia: details
      Feb24

      Great Britain expanded sanctions against Russia: details

      UK Foreign Secretary James Cleverly announced on February 24, 2023, a new package of sanctions and trade measures against the Russian Federation, including a ban on the export of all goods that Russia used on the battlefield in Ukraine. Source: The British Government “Included in the hundreds of goods are aircraft parts, radio equipment,...

      G7 countries will allocate $39B in aid to Ukraine
      Feb23

      G7 countries will allocate $39B in aid to Ukraine

      G7 Finance Ministers and Central Bank Governors noted on February 23, 2023, that the countries of the Group of Seven (G7) would allocate $39 billion in financial assistance to Ukraine in 2023. Source: G7 Finance Ministers and Central Bank Governors “For 2023, based on the Government of Ukraine’s needs, we have increased our commitment of...

      Finland allocated €5M to support the export of Ukrainian grain
      Feb22

      Finland allocated €5M to support the export of Ukrainian grain

      The Government of Finland noted on February 22, 2023, that Finland allocated 5 million euros through the World Food Programme (WFP) to support the export of Ukrainian grain to the poorest countries in Africa. Source: The Government of Finland Funds are provided for the purchase of Ukrainian grain, its processing and transportation to African...

      US will provide Ukraine with an additional $10M to repair energy equipment
      Feb21

      US will provide Ukraine with an additional $10M to repair energy equipment

      The US Secretary of State Antony Blinken announced on February 20, 2023, that he ordered to allocate 10 million dollars of aid to Ukraine to restore the energy system suffering from Russian shelling. Source: The US Secretary of State Antony Blinken “I am authorizing an additional $10 million to support our ongoing efforts to provide...

      EU extended sanctions against Russia for recognizing the “independence” of 4 regions of Ukraine
      Feb21

      EU extended sanctions against Russia for recognizing the “independence” of 4 regions of Ukraine

      The Council of the European Union decided on February 20, 2023, to extend the sanctions against the Russian Federation, introduced for the recognition of the “independence” of the territories of Ukraine occupied by Russia. Source: The Council of the European Union We are talking about recognizing the “independence” of...

      US President announced a new $500M military aid package for Ukraine: video
      Feb20

      US President announced a new $500M military aid package for Ukraine: video

      The President of the USA Joe Biden during a joint press conference with the President of Ukraine Volodymyr Zelenskyy in Kyiv on February 20, 2023, announced that the United States would allocate a new package of military aid to Ukraine in the amount of 500 million dollars, which would include, in particular, missiles for the HIMARS systems,...

      Russian drone attack caused losses to the ecology of Bug estuary worth UAH 40 billion
      Feb18

      Russian drone attack caused losses to the ecology of Bug estuary worth UAH 40 billion

      The State environmental inspectorate of Ukraine reported on February 14, 2023, that the damages from the pollution of the Bug estuary with sunflower oil, which occurred as a result of the attack of Russian drones on the terminal in Mykolaiv (a city in the south of Ukraine) on October 16, 2022, amount to almost 40 billion hryvnias. Source: The...