Page 38 - Ukraine

G7 leaders to provide Ukraine more resources to defend Kyiv: Ukrainian FM

Amid the growing tensions between Moscow and Kyiv, Dmytro Kuleba, Minister of Foreign Affairs of Ukraine, held a meeting with G7 Foreign Ministers to discuss new painful sanctions to stop Putin's war

G7 set to join hands on $18 billion aid for Ukraine defence: German FM

Germany's finance minister says the Group of Seven leading economies are set to agree on more than USD 18 billion in aid for Ukrainian defence efforts. Finance Minister Christian Lindner said in an interview with Bloomberg Television on Friday that Ukrainians resisting Russia's invasion are not only defending themselves, they are defending our values. A representative from the US Treasury Department declined to confirm the amount set to be allocated at a meeting of G-7 finance ministers in Germany, and a spokesman from the German finance ministry declined to comment to The Associated Press. US Treasury Secretary Janet Yellen and other leaders have spoken this week about the need for allies to put together enough additional aid to help Ukraine get through the Russian invasion.

EU announces additional $220 mn aid for Ukraine amid humanitarian crisis

Amid the Russian invasion of Ukraine, the European Commission has announced another 205 million euros ($220 million) in aid for the war-ravaged country to abate the soaring humanitarian crisis

European Central Bank raises 2022 inflation forecast to 6.8% from 5.1%

The ECB now sees inflation over its 2 per cent target throughout its projection horizon, accepting that rapid price growth is not nearly as temporary as it had forecast for the past year

Ukraine's Zelensky imposes sanctions on Putin and top Russian officials

The sanctioned officials included Putin's spokesman Dmitry Peskov, Prime Minister Mikhail Mishustin, veteran Foreign Minister Sergei Lavrov and Defence Minister Sergei Shoigu.

IMF hopes to mobilise as much funding as possible to help Ukraine

The Kyiv School of Economics estimated in late May that the physical infrastructure damage already exceeded $105 billion

Ukrainian forces carry out over 1,100 airstrikes against Russian targets

Since Moscow launched its ongoing invasion of Kiev on February 24, the Ukrainian Air Force has carried out more than 1,100 strikes against Russian targets

Fears of global food crisis grow as Russia's war in Ukraine continues

Ukrainian and Russian forces battled fiercely for control of a key eastern city, while fears of a global food crisis escalated as millions of tons of grain pile up inside the besieged countr

Russia pushes Ukraine forces to key city's outskirts after fierce assault

Russia has concentrated its troops and firepower on the small eastern city in recent weeks to secure the surrounding province on behalf of separatist proxies

Russia says will allow Ukraine grain exports, wants Western sanctions off

Russia and Turkey on Wednesday voiced support for the creation of a safe maritime corridor in the Black Sea so Ukraine can export grain to global markets amid an escalating world food crisis.

Ukrainian forces could pull back from eastern city of Severodonetsk

Ukrainian forces battling Russian troops in a key eastern city appeared on the cusp of retreat Wednesday, though the regional governor insisted they are still fighting for every inch of the city.

World Bank board approves $1.49 billion in new funds for war-hit Ukraine

The World Bank said in a statement that the latest funding is supported by financing guarantees from Britain, the Netherlands, Lithuania and Latvia

Russia has returned 210 dead Mariupol defenders: Ukraine's intel agency

Ukraine's military intelligence agency says Russia has so far turned over the bodies of 210 Ukrainian fighters killed in the battle for Mariupol.

Ukraine presses to buy Israel's Iron Dome to defend against Russian attacks

Ukraine's ambassador is urging Israel to sell its Iron Dome rocket interception system and provide anti-tank missiles to defend civilians against Russia's invasion

World Bank cuts India's FY23 GDP forecast to 7.5% amid rising inflation

This is the second time the World Bank has revised its GDP growth forecast for India in FY23

Ukraine facing sexual violence and trafficking crisis amid Russian war: UN

Sexual violence in Ukraine, especially against women and girls, remains prevalent and underreported, and the humanitarian crisis in the war-torn country is turning into a human trafficking crisis

Russia seeks another key city in southeast, says Ukrainian Prez Zelenskyy

Ukraine's president says Russian troops intend to capture Zaporizhzhia, a large city in the country's southeast, which would allow the Russian military to advance closer to the centre of the country

Margin gains for oil refiners amid Ukraine war-led energy price spike

RIL, MRPL and Chennai Petro stocks are up; BPCL, HPCL and IOC are weighed down over marketing margin concerns

UK to send first long-range missiles to Ukraine despite Russia's threat

British Defence Secretary Ben Wallace announced that the UK will send its first long-range missiles to Ukraine despite a threat by Russian President Vladimir Putin to the West

Too many flip-flops and about-turns

Policy rollbacks and modifications happening too frequently spook businessmen - both domestic and global