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The Latest Breaking News from Financial Aid

Sri Lanka defaults on debt as economic crisis deepens

Sri Lanka has defaulted on its international debt obligations, after the government confirmed it had not been able to make some $87 million in interest payments. It further deepens the country's economic crisis, which has sparked mass protests and left the country struggling with fuel shortages. Also in the show:…

France 24

Live updates | Japan to double Ukraine aid to $600 million

Japan’s Prime Minister Fumio Kishida said Thursday his country will double its financial aid for Ukraine to $600 million in support of the country badly damaged by Russia’s aggression

The Independent UK

Sir John Major says ‘help must come’ from government over cost of living

‘Penniless’ people of Britain would lose trust in state if financial aid is not forthcoming, he says

The Independent UK

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Andhra Pradesh: Satyam Babu seeks financial aid during ‘Spandana’ programme

He was acquitted by the court in Ayesha Meera murder case

The Hindu

EU to offer Ukraine new loans to plug immediate needs

The European Commission is set to propose on Wednesday a new package of financial aid to Ukraine including new loans to provide immediate liquidity to Kyiv and commitments for the long-term financing of the country's reconstruction, officials said.

Reuters

Somalia's new president to be elected by parliament behind barricades

Hundreds of Somali parliamentarians will meet on Sunday in a heavily-fortified airport hangar to choose a new president in a vote needed to ensure the impoverished and conflict-riven nation keeps receiving foreign financial aid.

Reuters

Where's the money? Japan town sues after $360,000 subsidy mix-up

Tokyo (AFP) - A Japanese town that accidentally sent a resident $360,000 in financial aid said on Wednesday it has been forced to file a lawsuit after the recipient refused to return the funds.

AFP

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UC and CSU are unaffordable, and a 4-year degree isn't the only way to succeed, Californians say in poll

LOS ANGELES — Most Californians believe the University of California and California State University are unaffordable, and they highly value community colleges and vocational training as alternative paths to career success, according to a statewide poll released Monday.

Los Angeles Times

Ukraine gets over $12 billion in weapons, financial aid since start of Russian invasion- Ukraine's PM

Ukraine has received over $12 billion in weapons and financial aid since start of Russia's full-scale invasion on Feb. 24, Ukraine's Prime Minister Denys Shmyhal said on Thursday.

Reuters

France will increase financial aid to Ukraine by $300 million, Macron tells donor conference

France will increase its overall financial aid to Ukraine this year to $2 billion from 1.7 billion, President Emmanuel Macron said in a video address to an international donors' conference in Warsaw.

Reuters

German Opposition Leader Visits Kyiv, Scholz Refuses to Go

Germany’s conservative opposition leader traveled to Kyiv on Tuesday for meetings with Ukrainian officials including President Volodymyr Zelenskyy, as Chancellor Olaf Scholz made clear that he wouldn’t be visiting Ukraine any time soon. Scholz has traded barbs with Ukrainian officials in recent weeks because of Kyiv's refusal to invite Germany's…

Asharq Al-Awsat

Financial shortfalls hamper college dreams. Here's what can help California students

Yajun Chen is an A student, but may turn down the University of California for a community college. Eric Xie-McCarthy achieved a 4.6 GPA in a rigorous course load, but had to consider forgoing a rich residential experience at his top choice, UC Berkeley, to save money and commute to…

Los Angeles Times

Enrollment plummets at Washington's colleges, especially among men

LONGVIEW, Wash. — In 2019, Washington created one of the most generous college financial aid programs in the country. Compared with a program it replaced, the Washington College Grant allowed many more students to qualify for free or subsidized tuition. No longer would eligible students be denied aid because of…

Tribune News Service

'Time for economic pivot,' says Arkhom

Thailand should focus on reviving the economy ahead of injecting money into Covid-19 relief programmes, Finance Minister Arkhom Termpittayapaisith said on Monday, in a move perceived to signal a scaling down of financial aid for victims of the pandemic.

Bangkok Post

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AFP

Ukraine needs $7 bn a month in aid, Zelensky says

Washington (AFP) - Ukraine needs $7 billion in month to keep its economy afloat amid the "economic losses" inflicted by Russia, President Volodymyr Zelensky said Thursday, as the United States announced another infusion of financial aid for the country.

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