Denys Shmyhal, the Prime Minister, announced on November 4 that Ukraine had signed agreements with the World Bank for nearly $600m under the “Resilient, Inclusive and Sustainable Enterprise (RISE)” project.
According to his Telegram post, the project is designed to support small and medium businesses, green initiatives and digitalization.
Shmyhal announced the project will run through 2027 with a total funding of more than $1 billion.
He thanked the World Bank, and stressed that RISE will help Ukraine’s economy by enabling businesses adapt to current challenges.
Shmyhal wrote: “I am grateful for the continued support and involvement of World Bank President Ajay Bjerde, Managing Director Anna Bjerde, and Regional Country Director Bob Saum in times of war.”
The ongoing full-scale Russian invasion continues putting pressure on Ukraine’s business and economy. The World Bank plays an important role in supporting this sector.
Since February 2022, Ukraine received over $37 billion of budget support from World Bank partnerships.
From 2022 to today, the Peace in Ukraine Project has been the main tool used by the World Bank in providing financial aid for Ukraine.
According to the Finance Ministry of Ukraine, Peace in Ukraine has raised over $25 billion. A new deal will bring the total to almost $30 billion. The U.S. provided the majority of the money.
Slovak media reported on November 3 that Peter Pellegrini, the President of Slovakia, had recently rejected four requests by Slovaks who wanted to join Ukraine’s armed services.
Throughout the campaign Russia was accused of spreading false claims about a variety of topics surrounding the elections, including disinformation regarding the candidates and election safety.
On November 4, Choe Son Hui, the North Korean foreign minister, met with Vladimir Putin, the Russian president in Moscow as Choe continues his state visit to Russia.
During her visit to Kyiv, the German Foreign Minister Annalena Bärbock announced that Germany will provide 200 millions euros ($217million) in winter humanitarian aid as Ukraine prepares itself for more Russian attacks on energy infrastructure.
Annalena Bärbock, the German Foreign Minister, said that she was arriving in Ukraine and that “we are fighting this brutality by our humanity and support so that Ukrainians not only survive winter but that their country can also survive.”
According to the document, Kyiv will produce drones, parts and components for them, as well as electronic warfare systems, together with Vilnius.
In his evening address, President Volodymyr Zelensky said: “We see a rise in the number North Koreans and we don’t see a rise in the reaction of our partner.”
The six-page document envisaged Ukraine reducing its military to 50,000 soldiers, five times fewer than it had by 2022. It also envisaged accepting the independence of eastern Donetsk, and Luhansk, oblasts that were by then partially occupied by Russia.
After a phone call with Justin Trudeau, Canadian Prime Minister, Volodymyr Zelensky, said: “We expect to get it by the end this year.”
According to Ukraine’s General Staff, Russia launched more than 2,00 strike drones in October, breaking its previous record of nearly 700 set in September.
In January, Russian President Vladimir Putin issued a decree that allows foreigners who served in the Russian Army for a year on a contract basis, as well as close relatives of those individuals, to apply for Russian citizenship using a simplified process.
In a television interview on November 4, Andriy Yeromak, head of Ukraine’s Presidential Office said that Ukraine does not hold direct talks with Russia about an energy ceasefire, but is open to the idea of a third party mediating the implementation the peace formula.
Another 15% of respondents said that they would be willing to endure the conflict for several more months. And 4% said that they could tolerate it for another six months.
“We are recording a higher supply of defense assistance packages.” “The situation with artillery is improving,” wrote President Volodymyr Zelensky on Telegram following a meeting of Supreme Commander-in Chief’s Staff.
Boris Johnson, referring to Trump’s “Make America great again” slogan, said: “I cannot believe a guy so passionate about his nation… would want to start his presidency by essentially allowing the Soviet Empire be great once more.”
The attack caused damage to a supermarket, apartment buildings with multiple stories, commercial properties, and cars.
Kazem Jalali, the Iranian Ambassador to Russia, said on November 4 that Russia will launch two Iranian Satellites, Kowsar & Hodhod into orbit using a Soyuz Launcher on Nov. 5.
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