Skip to content
Edit post

World Bank prepares $170 billion aid package for Ukraine, forecasts drop in global economic growth due to war.

by The Kyiv Independent news desk April 19, 2022 7:20 AM 1 min read
This audio is created with AI assistance

According to a Fox Business report published on April 18, the World Bank has lowered its annual global economic growth forecast due to Russia’s war from 4.1 percent to 3.2 percent. Of the $170 billion aid package, $50 billion will reportedly be spent in the next three months, and the remaining $120 billion in the upcoming year.

News Feed

8:05 PM

Explosion on oil tanker at Russian port prompts investigation.

The tanker, built in 2023 and sailing under the Antigua and Barbuda flag, had arrived at Ust-Luga on Feb. 6, according to ship-tracking data from Vesselfinder. Russia’s Baza Telegram channel reported that the vessel was carrying 130,000 tonnes of heavy fuel oil.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.