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The Latest Breaking News from Financial Aid

World Bank earmarks $30 billion to help offset food shortages worsened by war in Ukraine

The World Bank is willing to provide up to $30 billion to combat global food shortages aggravated by Russia's invasion of Ukraine and has so far disbursed almost $10 billion in financial aid pledged to Kyiv, a senior bank official said on Thursday.

Reuters

Lufthansa fully back in private hands; Covid-time government support pays off

SAN FRANCISCO: Germany’s Covid-time support to Lufthansa has paid off by both stabilising the airline and the government selling off to private players the 20% shares it had bought in Lufthansa for Euro 306 million - as financial aid in the summer of 2020 — nearly a year before the…

The Times of India

Yemen rifts stall reforms needed to access Gulf aid, sources say

Rifts within Yemen's new presidential council are delaying approval of reforms needed to unlock $3 billion in financial aid from Saudi Arabia and the United Arab Emirates that would help ease a severe foreign exchange crunch, four sources said.

Reuters

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Texas could tie community college funding to student outcomes

A commission tasked by the Texas Legislature to recommend new ways to fund community colleges is suggesting the state fund schools based on how successful students are at completing programs in high-demand fields and transferring to universities to continue their education.

The Texas Tribune

Princeton University will cover costs for students whose families earn below $100K

Undergraduate students whose household income is less than $100,000 will not have to pay anything to attend Princeton University, the school said.

WEKU

EU to disburse 5 billion euro in aid to Kyiv this week - Ukrainian PM

Ukraine expects to receive 5 billion euros ($4.98 billion) in macro-financial aid from the European Union this coming week to support the economy and army, and to prepare for the looming winter, Ukrainian Prime Minister Denys Shmyhal said on Sunday.

Reuters

Japan Says Financial Aid for Tunisia Hinges on IMF Deal

Japan will consider financial assistance to Tunisia once a deal with the International Monetary Fund (IMF) is reached, head of the Japan International Cooperation Agency (JICA) Tanaka Akihiko has announced. Tunisian Minister of Economy and Planning Samir Saied signed last week a memorandum of understanding (MoU) for several projects in…

Asharq Al-Awsat

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‘Financial aid should be sought for North Andhra, Rayalaseema in SZC meet’

VIZIANAGARAM

The Hindu

Student loan relief limited for many by US drug war's legacy

Many have cheered the White House proposal to provide student loan debt relief to millions of Americans as a significant step toward addressing the nation’s racial wealth gap and other inequities facing borrowers of color

The Independent UK

Nicholas Goldberg: Will California keep its 150-year-old promise to keep UC affordable?

In a letter to The Times in May, Ralph Jones of Riverside reminisced about how easy and cheap it was to go to the University of California in the old days.

Los Angeles Times

Pa.'s Drexel University to offer 50% tuition break to community college transfers, as higher ed struggles with enrollment drop

Drexel University, like many schools, has offered financial aid to students, including those who transfer in from community colleges, for many years.

The Philadelphia Inquirer

Ukraine expects $3 billion U.S. financial aid in August

Ukraine expects $3 billion of U.S. financial aid to arrive in August and a further $1.5 billion in September, Finance Minister Sergiy Marchenko said on Thursday.

Reuters

UK, Denmark contribute additional money, weapons to Ukraine

Britain and Denmark on Thursday announced more aid to Ukraine in the form of money and weapons in connection with an international donor conference in Copenhagen on Thursday.

Reuters

DWP issues update on when claimants will receive £324 cost of living payment

Households across the UK will receive financial aid to help with mounting costs

Liverpool Echo

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The Times of India

Madhya Pradesh cabinet approves scheme for financial aid to orphans

BHOPAL: State cabinet headed by chief minister Shivraj Singh Chouhan on Wednesday decided to start a financial aid scheme for children leaving the childcare and juvenile homes for orphans.

Al Jazeera

US announces fresh military and financial aid for Ukraine

Russia suffered 70,000 to 80,000 casualties – troops killed or wounded in action – since war began, US official says.

The Hindu

Andhra Pradesh CM moved by woman’s plight, orders pension

CM Jagan asked Collector Krithika Shukla to provide immediate financial aid of ₹10,000 and ensure a monthly pension for the woman

Bangkok Post

Sacked JSL Global Media staff get another B1.3m

The Ministry of Labour has agreed to provide 1.3 million baht in financial aid to JSL Global Media Co workers who were abruptly laid off without fair compensation, while the company was ordered to pay 28 million baht to its employees.

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Tribune News Service

National donor resumes financial aid for individual abortions in Kentucky after pause

LEXINGTON, Ky. — Though Kentucky’s trigger law has been blocked for nearly a month and abortion has remained legal, one of the country’s largest providers of financial aid for individual abortions only this week resumed its donations to the state.

Liverpool Echo

When will second DWP cost of living payment hit bank accounts

Millions of households will receive financial aid to help with mounting costs

The Hindu

Financial aid, ration supplies should reach flood-hit people within 48 hours, says Jagan

CM issues instructions to officials on repair and restoration works, crop damage assessment

The Hindu

North Andhra is the worst hit by bifurcation: expert

Centre had also stopped financial aid to northern Andhra Pradesh

Asharq Al-Awsat

IMF Delegation Visits Tunisia Monday to Start Loan Negotiations

A delegation from the International Monetary Fund will visit Tunisia on Monday to start negotiations over a loan program, a central bank official told Reuters on Friday. The official added that the start of talks comes after the completion of technical talks between the IMF and Tunisia. Tunisia, which is…

Asharq Al-Awsat

World Leaders Seek United Front for Ukraine as War Rages On

World leaders including US President Joe Biden will seek to close ranks at back-to-back summits from Sunday on offering emphatic support to help Ukraine repel Russian invaders as the relentless war puts international unity to the test. In the face-to-face talks, the allies will take stock of the effectiveness of…

Asharq Al-Awsat

IMF Says Ready to Begin Aid Talks with Tunisia

The International Monetary Fund is set to begin formal talks on a new financial aid package for Tunisia, to help the North African nation deal with the dire economic situation, an IMF official said Wednesday. The country has been in preliminary discussions with the global lender for a new loan…

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