US Congress debates Ukraine aid as Pentagon warns money running low
Washington has sent the Kyiv government US$113 billion in security, economic and humanitarian aid since Russia invaded in February 2022.
Sisters in Islam, state-owned Perak agency among recipients of multi-million ringgit grants from EU
The grants were distributed in December 2022, and range between three and five years for various activities and projects.
Donors exceed Pakistan goal with pledge of more than US$9 billion for flood recovery
Officials from some 40 countries as well as private donors and international financial institutions gathered at a meeting as Islamabad sought funds to cover around half of a recovery bill amounting to US$16.3 billion.
World Bank seeks more funds to address climate change and other crises, reports say
The roadmap document marks the start of a negotiation process to alter the bank's mission and financial resources and shift it away from a country-and project-specific lending model.
US lawmakers authorise US$800 million more for Ukraine in defence bill
The bill also strengthens the Pacific Deterrence Initiative, with US$11.5 billion in new investments.
North Korea's missile launches show no scarcity of weapons funding, materials despite sanctions
Last week the country fired more than 80 missiles, including its latest short-range ballistic missiles and a new variant of intercontinental ballistic missile, by far the North's most launches in such a short period.
Pentagon considers funding Musk's Starlink network for Ukraine, reports say
The most likely source of funding would be the US Department of Defense Ukraine Security Assistance Initiative, designed to support the country as it fights Russia, the report says.
US Treasury to allow Covid funds for state, local affordable housing loans
The changes for the State and Local Fiscal Relief Fund programme are aimed at filling a financing gap for affordable housing projects.
New highway projects to be fully funded by concessionaires, says works minister
Fadillah Yusof says there will no longer be any financial assistance from the government.
‘Fortnite’ maker raises US$144 million for Ukraine
Video game makers and companies in other markets have raised money to help humanitarian efforts in Eastern Europe.
US funding to WHO fell by 25% during pandemic, document shows
The Biden administration brought Washington back into the WHO and vowed to restore funding but has also voiced doubts about the WHO's ability to tackle new challenges, including from China.
US president Biden signs US$770 billion defence bill
The defence bill includes a 2.7% pay increase for the troops, and more aircraft and Navy ship purchases, in addition to strategies for dealing with geopolitical threats, especially Russia and China.
