Category: Aid

The Ongoing Wealth Transfer to Ukraine

Commentary The Biden administration and its congressional allies continue to transfer U.S. wealth and treasure to Ukraine with no end in sight. This includes lethal aid in the form of weapon systems and nonlethal aid in generic categories such as refugee assistance, energy security, anti-corruption activities, and logistics support. Let us examine the topic in…


UK Pledges Extra £286M of Emergency Aid for Afghan People

The UK is pledging an extra £286 million ($377 million) of emergency aid to provide life-sustaining food, shelter, and medical supplies for people in Afghanistan. The announcement comes as Britain is set to co-host a United Nations (U.N.) international pledging summit to help raise more than £3 billion ($3.95 billion) for humanitarian relief in the…


EU Offers Farmers Aid, More Land to Grow Due to Ukraine War

BRUSSELS—The European Union will distribute 500 million euros ($550 million) to help farmers and allow them to grow crops on fallow land to mitigate food price spikes and potential shortages resulting from Russia’s war in Ukraine. Published on Wednesday, the proposals by the EU’s executive European Commission also include assistance to Ukraine to help its…


Shell to Put Profits From Russian Oil Trade Into Ukraine Aid Fund

LONDON—Oil major Royal Dutch Shell will put profits from any Russian oil it purchases into a fund that will go towards humanitarian aid to Ukraine, the company said on Saturday. Shell had on Friday bought a cargo of Russian crude oil at a record low discount, the first such trade since Russia invaded Ukraine last…


CRA to Send out New Round of Letters Checking Eligibility From CERB Recipients

OTTAWA—The Canada Revenue Agency is sending out a new round of letters to pandemic aid recipients to verify they were eligible for the help, and warning of potential need for repayments. It’s the second time the agency is mailing Canada Emergency Response Benefit recipients as part of a process to verify the eligibility of the…


4 Japanese Planes Fly More Aid to Tonga After Volcanic Blast

CANBERRA, Australia—Four Japanese aircraft left Australia on Monday to deliver more vital aid to Tonga as the Pacific nation deals with the aftermath of a volcanic eruption and tsunami. The two Japanese Lockheed C-130 Hercules and two Kawasaki C-2 left the Royal Australian Air Force Base at Amberley in Queensland state to make the 3,300-kilometer…


Tesla Did Not Want to Wait on EU Aid: German Economy Minister

BERLIN—Tesla did not want to wait for European authorities to make a decision on state funding for its planned battery factory before going ahead with the construction of its site in Germany, outgoing German Economy Minister Peter Altmaier told reporters in Berlin on Monday. As a foreign company, Tesla would have been eligible for state…


US Says Aid Will Go Directly to Afghan People

The United States during talks with the Taliban in Doha, Qatar over the weekend agreed to provide humanitarian aid directly to the Afghan people, State Department spokesman Ned Price said in a statement. Price said an inter-agency delegation traveled to Doha to meet with senior Taliban representatives on Oct. 9 and 10, marking the first…


EU Wants to Extend Looser State Aid Rules for Virus-Hit Companies to Mid-2022

BRUSSELS—The European Commission on Thursday proposed extending looser state aid rules for virus-hit companies for six months to June 2022 in a bid to slowly wean them off the billions of euros provided by governments across the European Union. The EU executive, tasked with ensuring a level playing field in the 27-country bloc, also proposed…


EU Okays ITA, Orders Alitalia to Repay 900 Million Euros Illegal State Aid

BRUSSELS—EU competition regulators on Friday gave the green light to Alitalia’s successor Italia Trasporto Aereo (ITA) and also ordered the Italian flag carrier to repay 900 million euros ($1.1 billion) in illegal state aid. The European Commission said a 1.35 billion euro capital injection by Italy into ITA over the next three years is in…