Global News

Breaking news & current latest Canadian news headlines; national weather forecasts & predictions, local news videos, money and financial news; sports stats and scores.

https://globalnews.ca/

Ukrainian president welcomes Canadian loan of $120M, calls it ‘special partnership’.

Click to play video: 'Canada floats Ukraine $120M million loan as tensions with Russia escalate'

WATCH ABOVE: Canada floats Ukraine $120M million loan as tensions with Russia escalate

The president of Ukraine is thanking Canada for a $120-million loan aimed at bolstering his country’s economy amid a hostile buildup of 100,000 Russian troops along its borders.

Volodymyr Zelensky, through a statement issued late Friday by the Ukrainian Embassy in Ottawa, says the loan represents another example of the “special partnership” between the two countries.

The brief statement, written by Andrii Bukvych, Ukraine’s charge d’affaires to Canada, says Ukraine is grateful to Canada for working with international partners to provide financial support and make it clear Russian aggression “is absolutely unacceptable.”

The statement goes on to say Ukraine remains optimistic about receiving other support, which could include unlocking export financing tools and technical assistance in fighting ongoing cyberattacks.

Earlier on Friday, the embassy issued a blunt statement calling on Canada to provide weapons to Ukraine’s military and to impose further sanctions on Russia.

That statement was Ukraine’s initial response to Prime Minister Justin Trudeau’s announcement of the loan, which he billed as one of the “top things” Ukrainian officials had asked for during their meeting earlier in the week with Foreign Affairs Minister Melanie Joly.

© 2022 The Canadian Press

Останні новини
Hryvnia rate to stabilize in next 10 days - expert

Hryvnia rate to stabilize in next 10 days - expert

Normalization of the cash exchange rate after the National Bank removed rate caps is expected within 10 days. In the near future, the hryvnia rate will be at UAH 34-36 to the U.S. dollar.

UkrInform

Ukraine war: Civilians struggle for survival in besieged Severodonetsk.

Ukraine war: Civilians struggle for survival in besieged Severodonetsk.

Sky's Alex Crawford reports from Severodonetsk in eastern Ukraine, the one remaining pocket of Ukrainian resistance in the war-zone which is Luhansk. There are estimated to be a few thousand civilians left in the city - many of whom have stayed to...

2 33

Pres. Biden welcomes Finland and Sweden leaders to the White House in support of their bid to joi…

Pres. Biden welcomes Finland and Sweden leaders to the White House in support of their bid to joi…

President Biden announced he's throwing his full support behind accepting Sweden and Finland into NATO. Mr. Biden welcomed his Swedish and Finnish counterparts to the White House on Wednesday, where they discussed the nations' NATO applications an...

House to vote on bills addressing domestic terrorism, baby formula shortage.

House to vote on bills addressing domestic terrorism, baby formula shortage.

The U.S. House is set to vote on bills aimed at tackling the nationwide baby formula shortage, and addressing domestic terrorism in the wake of the mass shooting in Buffalo. CBS News congressional correspondent Scott MacFarlane joins CBS News' Ela...

1

U.S. stocks plunge as major retailers show poor results

U.S. stocks plunge as major retailers show poor results

Stocks plummeted on Wall Street after disappointing quarterly results from the nation's largest retailers. CBS News senior White House and political correspondent Ed O'Keefe has the latest. Then, Akane Otani, a reporter for The Wall Street Journal...

Pediatric nurse uses healing power of music to bring kids joy.

Pediatric nurse uses healing power of music to bring kids joy.

Manny Remilus was in and out of the hospital as a kid. Now that he's a nurse, he wants to make hospital stays easier for children. So, he sings to them – and has even taken the healing power of music to a big stage. #News #GoodNews #TheUplift CBS ...

The Inside Story-Ukraine: Food, Fuel & Photo-Ops

The Inside Story-Ukraine: Food, Fuel & Photo-Ops

On The Inside Story, meet Ukraine's wheat farmers dodging Russian fire to keep the world fed. Are economic sanctions biting Russia's energy sector? Why are top-level Americans visiting Kyiv? And meet fighters from Belarus ready to battle Russia on...