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Zelensky upbeat after talks with China’s Xi

KYIV, April 26 - President Volodymyr Zelenskyy said he and Chinese leader Xi Jinping had a “long and meaningful” phone call Wednesday, their first known contact since Russia invaded Ukraine over a year ago, and Beijing appointed an envoy to pursue a “political settlement.”


Ukraine asks IMF for $5-bln per month for next three months: Georgieva

KYIV, April 21 – Ukraine has applied to the International Monetary Fund (IMF) for support in covering the financial gap to keep the economy functioning in the amount of $5 billion per month for the next three months, and the IMF will assist in raising these funds, IMF Managing Director Kristalina Georgieva has said.


Ukraine’s economy needs external support to maintain stability: IMF chief

KYIV, April 22 – The tremendous efforts being made by the Ukrainian authorities to maintain macroeconomic and financial stability will become even more difficult to maintain in the face of huge shocks and dire circumstances without additional external financial support, Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva has said.


World Bank: War destroyed $60-bln in Ukraine’s infrastructure, housing

KYIV, April 22 – The World Bank Group has completed a preliminary assessment of the physical damage to Ukraine's buildings and infrastructure caused by Russia's military aggression and estimated it at about $60 billion, Bank President David Malpass said.

The World Bank Group has completed an early assessment of the physical damage. It puts the cost in terms of buildings and infrastructure, the narrow cost, at roughly $60 billion and does not include the growing economic costs to Ukraine's economy.


Ukraine needs $7-bln per month to sustain economy in war: Zelensky

KYIV, April 22 - The Russian military are aimed at destroying all facilities in Ukraine that can serve as an economic base for life, Ukraine needs support of up to $7 billion monthly, President Volodymyr Zelensky said via video link at the ministerial roundtable in support of Ukraine as part of the Spring Meetings 2022 of the World Bank and the IMF.


Explosions hit Transdnistria in potential escalation on Ukraine’s border

KYIV, April 25 – Several explosions believed caused by rocket-propelled grenades hit the territory’s Ministry of State Security in Transdnistria, a Russian-controlled breakaway region of Moldova that borders Ukraine in south-west, officials said.


Russia targets Ukraine’s rail, fuel depots

KYIV, April 25 - Russia unleashed a string of attacks Monday against rail and fuel installations deep inside Ukraine, far from the front lines of Moscow’s new eastern offensive, as Russia’s top diplomat warned against provoking World War III and said the threat of a nuclear conflict “should not be underestimated.”


U.S. to provide $322-mln in military assistance to Ukraine

KYIV, April 25 – The United States intends to provide more than $322 million in military assistance to Ukraine, the U.S. Department of State has announced following a visit of U.S. Secretary of State Antony Blinken and U.S. Secretary of Defense Lloyd Austin to Ukraine.

Secretary Blinken informed President Zelensky that the United States intends to obligate more than $713 million in Foreign Military Financing (FMF) for Ukraine and 15 other Allied and partner nations in Central and Eastern Europe and the Balkan region.


Russia cuts natural gas supplies to Poland, Bulgaria

KYIV, April 26 - Poland and Bulgaria said Tuesday that the Kremlin is cutting off natural gas supplies to the two NATO countries starting Wednesday, the first such actions of the war. Both nations had refused Russia’s demands that they pay in rubles, The Associated Press reported.


Russia targets strategic bridge in Odesa amid escalation in TransDniester

KYIV, April 26 - Russian missile fire knocked out a strategic railroad bridge along a route that links southern Ukraine’s Odesa port region to neighboring Romania, a NATO member, The Associated Press reported citing the Ukrainian authorities. No injuries were reported.


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