A war-torn Ukrainian road, a citizen passes by on a bicycle. The International Monetary Fund (IMF) has approved a $15.6 billion aid package for Ukraine. According to the IMF, Ukraine’s economy has collapsed since the Russian invasion. Economic activity in Ukraine shrank by 30 percent last year, with much of the capital destroyed. The duration…
The President of the European Commission is addressing the conference. In the Donors’ Conference organized by the European Union for Turkey and Syria, 7 billion Euros has been pledged. The European Commission has announced one billion euros in aid for the recovery and reconstruction of Turkey after the earthquake. European Union Commission President Ursula von…
March 20, 2023: Prime Minister of Japan shaking hands with his Indian counterpart in New Delhi. Japan will invest 75 billion dollars in Indo-Pacific countries by 2030. Japanese Prime Minister Fumio Kishida has announced a broad plan for an independent Indo-Pacific region. He said in New Delhi that the plan has four pillars, maintaining peace,…
Saudi Arabia signed an agreement with Turkey to deposit 5 billion dollars in the Turkish Central Bank. The Saudi Fund for Development (SFD) said in its statement that $5 billion will be deposited in the Turkish Central Bank through SFD. The Saudi finance minister announced the intention to collect this amount in December last year….
Iraq: Citizens hold anti-corruption placards during a protest. An Iraqi court has ordered the arrest of 4 former government officials for embezzling two and a half billion dollars from the national treasury. An investigative judge in Baghdad has issued arrest warrants for four former government officials. Among these officials are the relatives of former finance…
Despite a six-month truce last year, widespread suffering persists mainly due to the deteriorating economy and the collapse of basic services. UN Secretary-General António Guterres said the truce “delivered real dividends for people” following years of death, displacement, destruction, starvation and suffering. Funding and commitment However, humanitarian needs continue to soar as more than 21…
Belgium has frozen more than 58 billion euros in Russian assets after the European Union imposed economic sanctions. The Federal Minister of Finance of Belgium, Vincent van Petitgum, expressed his satisfaction with the performance of his institution in this regard and said that during this period, the Customs Department also practically closed more than 91…
Three countries, this week alone, have reported outbreaks, WHO cholera team leader Philippe Barboza told reporters at a press conference on Friday. For the first time, WHO is asking donors for help to fight the outbreaks, he said. Right now, 22 countries across the world are fighting outbreaks of the acute diarrhoeal infection caused by…
Sikhs take up arms over Modi government’s atrocities, clash with police Due to the growing injustices and atrocities of the Modi government in India, the Sikhs took up arms. The Sikhs’ Azad Khalistan movement gained momentum. In India, there has been a clash between pro-Khalistan Sikhs and the police. setTimeout(function(){ !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′; n.queue=[];t=b.createElement(e);t.async=!0;…
The report – Building blocks out of the crisis: The UN’s SDG Stimulus Plan – was issued ahead of the G20 Finance Ministers and Central Bank Governors Meeting in Bangalore, India, which begins on Friday. UNDP has called for action to protect developing nations from the impact of today’s overlapping crises while also ensuring that…
