The fighting in eastern Ukraine has pushed the country deeper into an economic tailspin, and the strife-torn nation will need billions of dollars of new asssistance this year, economists say. Less than three months after approving a $17 billion loan package for Ukraine, the International Monetary Fund has revised its forecasts, predicting a sharper economic downturn, lower tax revenues, a spike in military expenditures and new costs to repair bridges and other infrastructure damaged by fighting.
Similar Stories to Ukraine Will Need Billions Of Dollars In New Aid This Year, Economists Say on Bing News
Steven Mufson, Washington Post: Business
Tue, 07/22/2014 - 4:11pm
BING NEWS:
- Better late than never: Wealthy nations finally meet $100 billion climate aid goal
Even $100 billion, however, is far lower than the developing world’s estimated need. United Nations-backed research projects that developing countries (excluding China) will need an eye-popping $2.4 ...
05/31/2024 - 5:09 am | View Link - Can Billions in New Subsidies Keep Family Farms in Business?
The Biden administration aims to better support small farmers while still aiding big operations and rewarding climate-friendly practices. It’s a tall order.
05/30/2024 - 4:20 am | View Link - Gold worth tens of billions smuggled to the UAE each year, report says
Gold smuggling out of Africa, mainly to the United Arab Emirates, has surged over the last decade, with hundreds of tonnes of gold worth tens of billions of dollars illegally leaving the continent ...
05/29/2024 - 10:05 am | View Link - UK says China is supplying ‘lethal aid’ to Russia for use in Ukraine
British Secretary of State for Defense Grant Shapps accuses Russia and China of collaborating on combat equipment for use in two-year-long war in Ukraine ...
05/22/2024 - 8:54 am | View Link - Billions from Russia's frozen assets will go to help Ukraine's military, the EU says
Under the plan, the European Union will send as much as $3.25 billion in profits from frozen Russian assets to Ukraine to help finance its military and reconstruction efforts.
05/22/2024 - 3:44 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more