The US finalized its $20 billion portion of a long-awaited $50 billion loan to Ukraine backed by frozen Russian assets
The US finalized its $20 billion portion of a long-awaited $50 billion loan to Ukraine backed by frozen Russian assets, announcing plans to start making funds available by year-end for economic and military aid.
US Treasury Secretary Janet Yellen and Ukrainian Finance Minister Serhiy Marchenko signed an agreement for a US loan commitment of $20 billion, which would be placed alongside a separate $20 billion European Union commitment and $10 billion to be split by G7 allies Britain, Japan and Canada.
The loan will be repaid with the earnings from the over $300 billion in sovereign Russian assets that have been immobilized since Moscow's armies invaded Ukraine in February 2022. The funds are mostly held in Europe.
"In other words, Ukraine can receive the assistance it needs now, without burdening taxpayers," President Joe Biden said in a statement.
The Biden administration wants to make $10 billion of the loan funds available for military aid, a plan that would require the approval of the US Congress, White House National Security Council officials told reporters.
The U.S. government has warned that air traffic controllers who repeatedly fail to report for duty during the shutdown could be fired, amid rising fli...
U.S. President Donald Trump credits himself with ending "seven wars in seven months" since he returned to the White House in January. With just a few ...
The United States will deploy 200 troops as part of a joint task force aimed at stabilising Gaza, though no U.S. personnel will be stationed within th...
U.S. President Donald Trump and Finnish counterpart Alexander Stubb finalised an agreement on Thursday, for the U.S. Coast Guard to acquire up to 11 i...
A large-scale Russian attack on Friday morning caused a fire in a high-rise apartment building in central Kyiv and targeted energy infrastructure, off...
Former FBI Director James Comey pleaded not guilty on Wednesday to criminal charges, and his lawyer said he would file a barrage of legal challenges to the first prosecution by the Justice Department against one of President Donald Trump's political enemies.
Fred Ramsdell of Sonoma Biotherapeutics was hiking and "off grid" and so could not be reached by the Nobel Committee to let him know he had won the Prize in the Physiology or Medicine category.
Uzbekistan is strengthening international partnerships in the energy sector, signing several new deals with Gulf and U.S. companies to expand its renewable capacity, modernise production, and attract billions in investment.
The world is naturally concerned about the impact the shuttering of the U.S. government will have on global affairs, trade, and international security. It need not be. The shutdown is more of an idea than event.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
The U.S. government has warned that air traffic controllers who repeatedly fail to report for duty during the shutdown could be fired, amid rising flight delays across the country.
U.S. President Donald Trump credits himself with ending "seven wars in seven months" since he returned to the White House in January. With just a few hours to the announcement of Nobel Peace Prize, could he win the prestigious international award?
The United States will deploy 200 troops as part of a joint task force aimed at stabilising Gaza, though no U.S. personnel will be stationed within the Strip, according to two senior U.S. officials on Thursday.
U.S. President Donald Trump and Finnish counterpart Alexander Stubb finalised an agreement on Thursday, for the U.S. Coast Guard to acquire up to 11 icebreaker ships, enhancing U.S. national security in the Arctic.
A large-scale Russian attack on Friday morning caused a fire in a high-rise apartment building in central Kyiv and targeted energy infrastructure, officials reported.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment