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"We now know for sure that the great fire of the Marywilska shopping centre in Warsaw was caused by arson ordered by the Russian special services," Prime Minister Donald Tusk said on X. "Some of the perpetrators have already been detained, all the others are identified and searched for."

This week, the world watched in anticipation for Russia’s Victory Day parade after President Volodymyr Zelensky commented that he could not guarantee the safety of those attending. Meanwhile, the European Union moves one step forward to banning Russian gas from the European continent. It is also revealed this week that U.S. Secretary of Defense Pete Hegseth has fallen out of step with the White House.

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Switzerland plans to budget $5.5 billion to help Ukraine's economic recovery

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Switzerland plans to budget $5.5 billion to help Ukraine's economic recovery
The Federal Palace, Switzerland's parliament building, in Bern, Switzerland, March 2023. (Stefan Wermuth/Bloomberg via Getty Images)

Switzerland plans to allocate 5 billion Swiss francs ($5.5 billion) to support Ukraine's economic development and reconstruction by 2036, the Federal Council, the Swiss government's executive arm, announced on April 10.

The estimated cost of Ukraine's post-war recovery and reconstruction has risen to $486 billion over a 10-year period, the World Bank reported in February.

"As a first step, around 1.5 billion Swiss francs ($1.7 billion) is to be drawn from the international cooperation budget by 2028," the Swiss Federal Council said in a statement.

Switzerland announced in February that it would allocate $1.7 billion for Ukraine's recovery efforts from 2025 to 2028.

"Over the next 12 years, the Federal Council intends to step up its support for reconstruction in Ukraine and promote cooperation with the private sector," the Federal Council said.

While refusing to supply Kyiv with military aid on account of its long-term neutrality policy, Switzerland has provided economic and humanitarian support worth over $3 billion.

Switzerland also hosted the 2022 Ukraine Recovery Conference in Lugano, which laid down principles for Ukraine's reconstruction and recovery.

Switzerland is also set to host a global peace summit on Russia's war against Ukraine, with 80-100 countries invited to attend.

The conference, while not yet confirmed, may take place on June 16-17 in Lucerne, unnamed sources told Bloomberg.

The country is also reportedly ramping up efforts to prevent companies and individuals from using the country to circumvent sanctions imposed against Russia.

Zelensky: If Trump’s plan to stop war is to give up our territory, then it is primitive
President Volodymyr Zelensky said in an interview with Bild on April 9 that he is skeptical about the U.S. ex-president Donald Trump’s alleged peace plan on giving part of occupied Ukrainian territories to Russia.