Connect with us
https://groinfont.com/uk8cmfiy8?key=89fae749c33a20b14194e629d21b71fe

Headline

World Bank Pledges $200m To Repair Ukraine Energy Infrastructure

Published

on

The World Bank announced on Wednesday a grant of $200 million toward repairing Ukraine’s energy infrastructure, as officials from the war-torn country met with financial institution leaders in Washington.

Russia damaged more than 50 per cent of Ukraine’s power infrastructure in attacks on its neighbor over the autumn and winter months, the global lender said in a statement.

Advertisement

It noted that Ukraine’s East, where fighting was fiercest, had been particularly hard hit.

The funds were provided by the Ukraine Relief, Recovery, Reconstruction and Reform Trust Fund, with a goal of up to $300 million in additional funding from partners “as the project expands its scope,” the Bank said.

READ ALSO: World Bank Names Ajay Banga As Sole Nominee For President

Advertisement

The project will target emergency repairs to electricity and heating infrastructure.

Energy infrastructure has suffered $11 billion in damages over the last year and is one of the most critical areas where Ukraine needs urgent support,” said World Bank Managing Director of Operations, Anna Bjerde.

The World Bank has mobilised more than $23 billion in financing for Ukraine since Russia invaded in February last year, with $20 billion disbursed so far.

Advertisement

The announcement came just ahead of a roundtable on Ukraine at the headquarters of the International Monetary Fund, held during the crisis lender’s spring meetings.

READ ALSO: FG Gets $800m World Bank Grant For Subsidy Palliatives

During the event, Ukrainian President Volodymyr Zelensky thanked partners via videolink for their support and urged further backing.

Advertisement

“By rebuilding what has been ruined, we defeat the goal of terror, we return the normal life,” he said in English, reiterating a call for Russian assets to be put towards Ukraine’s reconstruction.

The IMF announced on March 31 that it had approved a $15.6 billion support package for Ukraine, forming the fund’s portion of a $115 billion overall support package comprised of debt relief, grants and loans by multilateral and bilateral institutions.

– ‘Victory of civility’ –

Advertisement

The IMF chief Kristalina Georgieva praised Ukraine’s resilience in the face of the invasion, saying at the meeting that the country’s repairs, economic activity and functioning government demonstrated “victory of civility over evil.”

READ ALSO: worlNigeria’s Poverty Exceeds World Bank Projection, Bayelsa, Four Other States Lead

However, Ukraine will need an estimated $411 billion for recovery and reconstruction according to a recent study by the World Bank, the United Nations, the European Commission and Ukraine.

Advertisement

The sum is an increase on the $349 billion estimated in September and is likely to only grow as the conflict continues.

The study estimated Ukraine will need $14 billion for critical expenditures in 2023.

Ukrainian Prime Minister Denys Shmygal, who attended the IMF meeting in person, urged allies to stump up the $11 billion still needed in financing.

Advertisement

This is a number one priority for my country to bring people a minimum level of social and humanitarian services,” Shmygal said.

US Treasury Secretary Janet Yellen urged allies and partners to maintain economic support for Ukraine, praising Kyiv for anticorruption efforts in a country that has for years suffered endemic graft.

“Your commitment to making sure that international assistance is being used responsibly is essential,” she said.

Advertisement

AFP

 

Advertisement
Continue Reading
Advertisement
Comments

Headline

Family Of Five Killed In Iranian Missile Strike After Fleeing Ukraine For Safety In Israel

Published

on

A Ukrainian family of five who fled Russia’s war in search of safety were killed in Israel by an Iranian missile — the very conflict they thought they had escaped.

Mariia Pieshkurova had brought her 7-year-old daughter, Anastasiia, to Bat Yam, a suburb of Tel Aviv, hoping to get lifesaving cancer treatment and refuge from the violence at home.

Advertisement

Along with Anastasiia’s grandmother, Olena Sokolova, and two young cousins, Illia and Kostiantyn, they had started over — believing they were finally safe.

But on June 15, an Iranian missile tore through their apartment building during a retaliatory strike on Israel, killing them all.

“I really thought they’d be safe,” said Artem Buryk, Anastasiia’s father and Mariia’s former partner. “I never thought they’d go to Israel to escape war — and find it there.”

Advertisement

READ ALSO:US Struck Iran With B-2 Bombers, Submarine-launched Missiles – Top US General

The missile attack, part of Iran’s response to Israeli airstrikes on its territory, collapsed much of the building in Bat Yam.

It took four days to recover Mariia’s body from the rubble.

Advertisement

Their deaths marked a heartbreaking intersection of two wars — Russia’s invasion of Ukraine and Iran’s conflict with Israel — both of which had already tested the family’s will to survive.

Mariia had moved to Israel in late 2022 after Anastasiia was diagnosed with leukemia.

Ukraine’s hospitals were overwhelmed, and its largest children’s hospital was later destroyed in a missile strike.

Advertisement

In Israel, treatment began immediately. It was effective but costly. Mariia turned to Instagram, sharing photos of her daughter in treatment and videos of Artem pleading for help while serving on Ukraine’s front lines.

READ ALSO:Israel-Iran War: Stranded Nigerians Cry For Help From Underground Shelters

“Masha did everything for her little girl,” said Anastasiia’s godmother, Khrytsyna Chanysheva. “She dedicated her life to her, moved to Israel to get her full treatment.”

Advertisement

Despite the pain, Anastasiia always smiled at visitors.

“She was in pain, and she would close her eyes for a second,” said charity worker Lada Fichkovsi. “But every time I walked into her room, she would smile.”

Her cousins joined the family in May 2024 as the situation in Odesa deteriorated.

Advertisement

“The shelling made my children cry,” said Hanna Pieshkurova, Mariia’s sister. “I decided to let them go.”

Though Israel was at war with Hamas, Mariia had assured her sister that Bat Yam was calm. Air raid sirens were rare, and the Iron Dome defense system offered hope.

READ ALSO:Iran Nabs 22 Suspected Israeli Spies Amidst Escalating Conflict

Advertisement

“Ukrainians often say, ‘This is not Ukraine, it’s not as scary,’” said Inna Bakhareva of Chance4Life, a charity helping sick children in Israel. “They felt secure due to the Iron Dome.”

That sense of security evaporated after Israel struck Iranian targets on June 12. Iran retaliated with missile attacks across Israeli cities.

“Dad, at night I saw how the missiles were falling,” Anastasiia told her father in a voice message the night before she died.

Advertisement

She and her mother had been scheduled to visit the hospital the next morning. The missile struck before dawn.

Mr. Buryk, who had just returned from the front lines near Sumy, received the news that same day.

“I still don’t understand what’s happening,” he said. “I still can’t believe it.”

Advertisement

He used to promise Anastasiia they’d go fishing together when peace returned.

“Every time I talked to her, I’d say, ‘Sweetheart, we’ll go fishing. Just us,’” he said. “And now I just don’t understand. I still don’t even grasp that she’s gone.”

“Last night,” he added quietly, “I sent her voice messages.”

Advertisement

(New York Times)

Advertisement
Continue Reading

Headline

Militia Attack On DRC IDP Camp, Kills 10, Mostly Women, Children

Published

on

An armed group at the centre of a long-running ethnic conflict in the Democratic Republic of Congo’s northeast attacked a camp for displaced people on Friday, killing 10, local sources told AFP.

Bordering Uganda, Ituri province has for years been the scene of pitched battles between the Lendu, a group mainly made up of settled farmers, and the Hema people, typically nomadic herders.

Advertisement

The fighting has led to the deaths of thousands of civilians and the mass displacement of many more.

Friday’s assault on the Djangi displaced persons camp was carried out by the self-proclaimed Cooperative for the Development of Congo (Codeco), a Lendu-aligned militia responsible for previous civilian massacres, the camp’s head told AFP.

READ ALSO:Trump Bans Citizens Of Chad, Congo, 10 Others From Entering US

Advertisement

They were many and armed with firearms and machetes. They surprised us, they killed 10 displaced people, most of them women and children,” said Richard Likana.

An employee of the Red Cross, who asked to remain anonymous, confirmed the attack, which took place around 60 kilometres (37 miles) from Bunia.

They were cut up with machetes while others were shot,” the humanitarian worker added.

Advertisement

Congolese army Colonel Ruffin Mapela, the local administrator for Djugu territory where the camp is located, gave the same toll of 10 dead and put the number of injured at 15.

READ ALSO:Heineken Withdraws Staff As Armed Rebels Seize Facilities In Eastern DR Congo

According to local and humanitarian sources, Codeco was responsible for an attack on February 10 which killed 51 people in Ituri province. Most of the victims were also displaced persons.

Advertisement

That raid was said to be a response to a strike by the rival Hema-led Zaire militia in the same area.

Violence between the Hema and Lendu killed thousands in gold-rich Ituri from 1999-2003, which only ended after European forces intervened.

The conflict erupted again in 2017, killing thousands more.

Advertisement

The violence has led to more than 1.5 million people leaving their homes, according to the UN.

AFP

Advertisement
Continue Reading

Headline

Israel Wants Global Action Against Iran’s Nuclear Plans

Published

on

Israel’s foreign minister said on Friday that the world was obliged to stop Iran from developing an atomic bomb, days after Israel claimed it had “thwarted Iran’s nuclear project” in a 12-day war.

Israel acted at the last possible moment against an imminent threat to itself, the region, and the international community,” Gideon Saar wrote on X.

Advertisement

The international community must now prevent, by any effective means, the world’s most extreme regime from obtaining the most dangerous weapon.”

READ ALSO:Netanyahu Vows To Thwart ‘Any Attempt’ By Iran To Rebuild Nuclear Programme

Israel and Iran each claimed victory in the war that ended with a ceasefire on June 24.

Advertisement

The conflict erupted on June 13 when Israel launched a bombing campaign, stating it aimed to stop Iran from developing a nuclear weapon—an ambition Iran has consistently denied.

Following waves of Israeli attacks on nuclear and military sites, the United States bombed three key facilities, with President Donald Trump insisting it had set Iran’s nuclear programme back by “decades”.

READ ALSO:We Would Have Killed Iran’s Supreme Leader If Given Opportunity – Israel

Advertisement

Israeli Prime Minister Benjamin Netanyahu, in an address to the nation after the ceasefire, announced that “we have thwarted Iran’s nuclear project”.

However, there is no consensus as to how effective the strikes were.
On Friday, Iran rejected a request by UN nuclear watchdog chief Rafael Grossi to visit the bombed facilities, saying it suggested “malign intent”.

The comments from Iran’s Foreign Minister Abbas Araghchi came after parliament approved a bill suspending cooperation with the UN watchdog.

Advertisement

In a post on X following the move, Saar said Iran “continues to mislead the international community and actively works to prevent effective oversight of its nuclear programme”.

Advertisement
Continue Reading

Trending