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IMF approves $15.6 billion loan program for Ukraine

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(Last Updated On: April 1, 2023)

The International Monetary Fund (IMF) said its executive board had approved a four-year $15.6 billion loan program for Ukraine, part of a global $115 billion package to support the country’s economy as it battles Russia’s 13-month-old invasion.

A $2.6 billion U.S. military aid package that could include air surveillance radars, anti-tank rockets and fuel trucks for Ukraine’s fight against Russia is expected to be announced as soon as Monday, three U.S. officials said on Friday.

A senior Ukrainian official ruled out any ceasefire in Russia’s war on his country that would involve Russian forces remaining on territory they now occupy in Ukraine, Reuters reported.

Foreign Minister Sergei Lavrov said Russia faced “existential threats” to its security and development from “unfriendly states” as he presented President Vladimir Putin with an updated foreign policy doctrine.

U.S. Secretary of State Blinken will push back on Russia’s attempts to “weaponize energy” and rally support for a Ukrainian counteroffensive when he meets NATO foreign ministers in Brussels next week, an official said.

Belarusian President Alexander Lukashenko said Russia, which has decided to station tactical nuclear weapons in Belarus, could if necessary put intercontinental nuclear missiles there too.

At least six Russian missiles hit the eastern Ukrainian city of Kharkiv late on Thursday, and officials are gathering details about damage and casualties, the regional governor said.

The advance of Russian soldiers on the outskirts of the eastern frontline town of Bakhmut “has been halted – or nearly halted”, the director of the Ukrainian defense publication Defense Express said.

Reuters could not verify battlefield reports.

Russia said on Friday that if the United States threatened Moscow over its arrest of Wall Street Journal reporter Evan Gershkovich, it would “reap the whirlwind”, the state-owned news agency RIA reported.

A Nobel prize-winning Russian journalist said he did not believe that arrested American reporter Evan Gershkovich was a spy, adding he hoped diplomacy could bring about his quick release.

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Malaysian navy helicopters collide in mid-air, 10 killed

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(Last Updated On: April 23, 2024)

Two Malaysian navy helicopters collided in mid-air during a rehearsal for a naval parade on Tuesday, killing all 10 crew members aboard, the navy said in a statement.

The incident occurred at the Lumut naval base in the western state of Perak at 9.32 a.m. on Tuesday morning, the navy said.

“All victims were confirmed dead at the scene and sent to the Lumut naval base military hospital for identification,” Reuters reported the navy as saying.

A video circulating on local media showed several helicopters flying in formation, when one of the choppers’ rotor clipped another before both aircraft crashed into the ground.

Local police confirmed the footage was genuine.

The navy said it would carry out an investigation into the cause of the accident, Reuters reported.

Defence Minister Mohamed Khaled Nordin said the aircraft – a maritime operations helicopter and a Fennec military chopper – were rehearsing for a parade celebrating the 90th anniversary of the Royal Malaysian Navy, due to be held on Saturday.

Efforts were underway to verify the identities of the crew members killed, all of whom were below the age of 40, Mohamed Khaled told reporters.

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Russia says West is teetering on brink of conflict between nuclear powers

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(Last Updated On: April 22, 2024)

Russian Foreign Minister Sergei Lavrov said on Monday that the support of the United States, Britain and France for Ukraine was stoking serious strategic risks that had raised the risk of a direct confrontation between the world’s biggest nuclear powers.

Lavrov said the United States and NATO were obsessed with the idea of inflicting “strategic defeat” on Russia and there were risks in such confrontation that could lead to an increased level of nuclear danger, Reuters reported.

“The Westerners are teetering dangerously on the brink of a direct military clash between nuclear powers, which is fraught with catastrophic consequences,” Lavrov said.

The United States and its allies say they are helping Ukraine to defend itself against Russian aggression and that it is Russia that is aggravating East-West tensions, including by issuing repeated warnings about the danger of a nuclear conflict.

Lavrov said: “Of particular concern is the fact that it is the ‘troika’ of Western nuclear states that are among the key sponsors of the criminal Kyiv regime, the main initiators of various provocative steps. We see serious strategic risks in this, leading to an increase in the level of nuclear danger.”

The three Western countries with nuclear weapons are the United States, Britain and France.

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Two Japan navy helicopters crash, one body found, 7 missing

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(Last Updated On: April 21, 2024)

Two Japanese navy helicopters crashed into the sea during a training exercise, killing at least one of the eight crew members on board, the defence minister said on Sunday.

The two SH-60 patrol helicopters were conducting anti-submarine exercises on Saturday night near Torishima in the remote Izu island group, off the southern coast of central Japan, Reuters reported.

Defense Minister Minoru Kihara told a press conference the cause of the crash is under investigation. The two flight recorders had been discovered in close proximity to each other and the probability was high that the two helicopters had collided, he added.

Japan’s Maritime Self-Defense Force (MSDF) and Coast Guard are searching for the remaining seven crew members.

Earlier on Saturday, MSDF Chief of Staff Yoshitaka Sakai indicated he did not believe there involvement from another country in the crash.

In a post on X, U.S. ambassador to Japan Rahm Emanuel offered his country’s assistance in search and rescue efforts.

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