Pakistan urges UN to suspend Israel
Pakistan on Monday urged the UN to suspend Israel, calling for an Arab-Islamic task force to combat "expansionist designs."...
Ukraine has received the first installment of 2.5 billion Canadian dollars (approximately $1.7 billion) from Ottawa under the G7's Extraordinary Revenue Acceleration (ERA) initiative, the Ukrainian Finance Ministry announced on March 13.
The $50 billion ERA mechanism provides loans to Ukraine, which will be repaid using future profits from frozen Russian assets.
According to the Ukrainian Finance Ministry, Canada’s contribution to the initiative amounts to $3.5 billion, with the loan set to be issued for a 30-year term.
"Canada is a reliable and steadfast partner of Ukraine. I am grateful for its support of the ERA mechanism—it is a fair and necessary tool to hold Russia financially accountable for its crimes in Ukraine," said Ukrainian Finance Minister Serhii Marchenko.
Since Russia's full-scale invasion in 2022, G7 countries have frozen approximately $300 billion in Russian sovereign assets.
The ERA initiative, primarily supported by the U.S. and the EU, seeks to utilize profits from these frozen assets to fund Ukraine's defense and reconstruction efforts.
Alongside Canada's contribution, Kyiv has also received £752 million ($970 million) as the first installment of the U.K.'s contribution to the G7 loan, Prime Minister Denys Shmyhal announced on March 7.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Music mega-star Taylor Swift and National Football League player Travis Kelce announced their engagement. “Your English teacher and your gym teacher are getting married," the couple wrote in a joint Instagram post, alongside photos of Kelce proposing to Swift in a garden of pink and white flowers.
Pakistan on Monday urged the UN to suspend Israel, calling for an Arab-Islamic task force to combat "expansionist designs."
Turkish President Recep Tayyip Erdoğan on Monday marked the anniversary of the liberation of Azerbaijan’s capital, Baku, from enemy occupation.
High hotel prices for Brazil's COP30 climate summit in November have prompted the United Nations to urge its staff to limit attendance, while government delegations are still scrambling to find rooms within their budgets.
Russian gas supplies to Armenia will be suspended for 10 days beginning from Tuesday due to planned maintenance work on the North Caucasus-Transcaucasia main pipeline in Russia’s Stavropol region,Gazprom Armenia announced on Monday.
British police said on Monday they had planned for "just about every eventuality" ahead of U.S. President Donald Trump's state visit this week, with the bulk of the trip being held out of public view.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment