The World Bank has been actively involved in supporting Ukraine’s recovery, mobilizing approximately $81 billion through various channels. Their efforts focus on three main areas: providing essential services, aiding in infrastructure repair, and planning for future growth through economic modeling. Specific sectors like energy, trade, industry, and agriculture have received targeted support, including financing for energy infrastructure, simplifying trade processes, and assisting farmers to increase agricultural output. The World Bank acknowledges the resilience of the Ukrainian people, highlighting the dedication of railway workers, teachers, healthcare workers, and government officials, and emphasizes its commitment to continue supporting Ukraine.
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During the Ukraine Recovery Conference in Rome, European Commission President Ursula von der Leyen reiterated the EU’s unwavering support for Ukraine, pledging to provide assistance for the duration of the conflict. The EU, already Ukraine’s largest donor, will disburse new financial tranches, including €1 billion in macro-financial support and over €3 billion from the Ukraine Facility, which will unlock €10 billion in investment. Von der Leyen also highlighted that supporting Ukraine aids EU member states in meeting their NATO defense targets, while the conference also saw announcements regarding a fund dedicated to Ukraine’s reconstruction.
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As of June 1st, over 18,000 Ukrainians have received housing certificates totaling UAH 27.3 billion for destroyed homes, with approximately 11,000 individuals using the certificates to purchase real estate. Additionally, around 90,000 Ukrainians have received compensation for damaged property, amounting to over UAH 9 billion, with payments categorized for minor and major repairs. The Anti-Corruption Headquarters highlights the importance of establishing a public Register of Damaged and Destroyed Property to centralize and make accessible information on applications and compensation, while safeguarding personal data. The Ministry of Community and Territorial Development also received funds to pay for housing certificates for IDPs.
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Neanderthals, our distant relatives who lived 75,000 years ago, seem to have been quite sophisticated beings. They buried their dead, had flutes, and even enjoyed BBQ. It’s fascinating to think about the similarities and differences between us and these ancient beings. One key aspect that sets Neanderthals apart from modern humans is their unique facial structure. Their bone cells continued to grow as they aged, resulting in distinctive chin and brow ridges, as well as larger eye sockets compared to us Homo sapiens.
The recent revelation of a Neanderthal woman’s face brings up a plethora of questions and musings. I can’t help but wonder about what her life was like, what her culture was, and whether Neanderthals had characteristics like blonde hair.… Continue reading
https://www.cambridge.org/core/journals/journal-of-economic-history/article/abs/long-shadow-of-slavery-the-persistence-of-slave-owners-in-southern-lawmaking/98B62393860C0F1B5A6E3A9F870F8C61
Cotton was still an important crop, even if they couldn’t produce at the same ridiculously high margins as when they had slaves working the fields. If you still had the cotton fields then you still had a means of accumulating wealth (and thus power). They also had the wealth accumulated during legal slavery, wealth creates more wealth. They had wealth to buy slaves and farmlands before ie they were wealthy to begin with. The georgia colony trustees didnt give out 5000 acre plots of land on the savannah river to colonists from english debtors prisons.
Here, the settlers would have to conform to Oglethorpe’s plan, in which there was no elected assembly.… Continue reading