A two-day Ukraine Recovery Conference commenced on Wednesday in London, marking the second event of its kind aimed at garnering international and private-sector support for Ukraine’s postwar reconstruction amidst the ongoing conflict.
The British government announced a comprehensive financial support package for Ukraine, including $3 billion in World Bank loan guarantees over the next three years, to enhance Ukraine’s economic stability in the face of Russian aggression. This conference, focused on rebuilding a nation still embroiled in war, takes place amidst ongoing clashes in eastern Ukraine and drone attacks on cities from Kyiv to Lviv.
Stay updated on the latest developments on the war and its global ramifications.
India’s Reliance on Russian Arms Limits Modi’s Actions during White House Visit: Approximately 85% of India’s military equipment stems from Russia, impeding Indian Prime Minister Narendra Modi from aligning his country closer with the West’s stance on Ukraine, reports Karishma Mehrotra.
“Russia has provided fighter aircraft, nuclear submarines, cruise missiles, battle tanks, Kalashnikov rifles, and much more,” she notes. “India’s reliance on Moscow for spare parts and maintenance will persist for decades to come.”
Natalia Abbakumova and David L. Stern contributed to this report.
Dan Lamothe contributed to this report.
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