** We see no end to overwhelming lawlessness everywhere: Problem is muscle politics ** Remittance dips 15pc amid forex crisis ** Lawyer’s six bank accounts frozen ** CEC assures OECD envoys to hold inclusive, acceptable polls ** Exports hit record $ 52b in outgoing fiscal year ** Visitors suffer from online ticketing at Nat’l Museum ** Govt to lower age bracket for children to punish teen gangs ** Motorcycles on Padma Bridge not allowed before Eid-ul-Azha ** SSC likely to be in August ** Environment is absent for participation of girl students at colleges and universities ** City residents yet to get respite from waterlogging ** Plastic mini packs harming health, environ severely ** US to send Ukraine advanced surface-to-air missile systems ** Padma bridge Record collection of Tk 3.16cr in one day ** Country reports 6 more Covid deaths with 1,105 cases ** Another killed in road crash in Padma bridge area ** A huge quantity of local and foreign currencies, gold and silver jewelries in 16 sacks were found from the charity boxes of Pagla Masjid in Kishoreganj. Several hundreds including people from district admin, banks as well as madrasa students participated in counting the money and assorting the wealth. After every three months, the boxes are opened, but this time they were opened after 110 days and found Tk 3.60 crore. Last time, about Tk 4 crore, foreign currencies as well as gold jewelries were found from the mosque’s charity boxes. NN photo ** Padma Bridge Khulna Railway Station missing passengers’ hustle-bustle ** BB's monetary policy inadequately addresses inflation ** Long tailbacks on toll plaza as all booths were not operational ** Eid advance train ticket sales begin ** Flood is likely to be prolonged ** Foreign envoys in Dhaka remember those killed ** 1,500 militants arrested since Holey Artisan attack: RAB DG ** DGHS reports 5 more Covid deaths, 1,897 new cases **

G7 countries to provide $19.8b in economic aid to Ukraine

21 May 2022

Al Jazeera :
The Group of Seven (G7) leading economies agreed Friday to provide $19.8bn in economic aid to Ukraine to ensure its finances do not hinder its ability to defend itself from Russia's invasion.
German finance minister Christian Lindner told reporters that $9.5bn of the total amount was mobilized at meetings of the G7 finance ministers in Koenigswinter, Germany, this week.
"We agreed that Ukraine's financial situation must have no influence on Ukraine's ability to defend itself successfully," he said at a press conference to mark the end of the G7 finance ministers' meeting. "We need to do our utmost to end this war."
Russia's invasion touched on almost every topic of meetings this week, from the need to reduce reliance on Russian energy to reforming relationships between countries to maintain economic stability.
"Russia's war of aggression is causing global economic disruptions, impacting the security of global energy supply, food production and exports of food and agricultural commodities, as well as the functioning of global supply chains in general," a G7 statement said.
US treasury secretary Janet Yellen and other leaders spoke this week about the need for allies to put together enough additional aid to help Ukraine "get through" the Russian invasion.
"All of us pledged to do what's necessary to fill the gap," Yellen said Thursday as the ministers finished their first of two days of talks. "We're going to put together the resources that they need."
The International Monetary Fund's latest world economic outlook says Ukraine's economy is projected to shrink by 35 percent this year and next.
The finance ministers of the G7 - which includes Canada, France, Germany, Italy, Japan, the UK and the US - also grappled with deepening inflation, food security concerns and other economic issues during their talks.
A communique marking the end of the G7 finance ministers' meeting addressed commitments to addressing debt distress in low-income countries, trying to ease the fallout from the coronavirus pandemic and staving off inflation rates "that have reached levels not seen for decades".
As the finance ministers were meeting in Germany, the US overwhelmingly approved its own $40bn infusion of military and economic aid for Ukraine and its allies. The legislation was backed by every voting Democrat and most Republicans.
Other issues of concern for G7 finance leaders touched on the need for countries to increase scrutiny and regulation of cryptocurrency and other digital assets, as well as streamlining pandemic responses.

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