Norway’s 2025 aid package to Ukraine has been increased to 85 billion Norwegian kroner ($7.8 billion), a 50 billion kroner increase reflecting a parliamentary agreement. This substantial boost, tripling military support, will be spent internationally to mitigate domestic economic impact. The aid encompasses military, humanitarian, and financial assistance, furthering Norway’s significant commitment to Ukraine’s stability. A portion of this aid, 3 billion kroner, is specifically designated for humanitarian efforts in Ukraine and Moldova.
Read More
On April 4th, the Norwegian government approved an additional NOK 50 billion (US$4.6 billion) in aid to Ukraine for 2025, raising the total yearly commitment to NOK 85 billion (US$7.8 billion). This substantial increase, which triples military support, builds upon previously allocated funds and the existing Nansen Programme. The funding will be provided externally, preventing any domestic economic burden. The decision follows parliamentary backing in March and reflects Norway’s continued strong commitment to Ukrainian resilience.
Read More
Harvard University will eliminate tuition for families earning under $200,000 annually, starting in the 2025-2026 academic year. This initiative, impacting approximately 86% of US families, aims to increase accessibility and diversity on campus. For families earning less than $100,000, all expenses, including housing and healthcare, will be covered. The policy follows similar moves by other elite universities and comes amidst the Trump administration’s targeting of university funding tied to diversity, equity, and inclusion initiatives.
Read More
Norway pledged €3.5 billion in aid to Ukraine for 2025, highlighting a commitment to ongoing and potentially increased financial support. This substantial contribution follows similar announcements from Spain (€1 billion in military aid and a Ukrainian recovery hub) and the UK (expanded sanctions against Russia). The summit underscored continued international resolve to assist Ukraine’s defense and recovery efforts.
Read More
Japan has provided Ukraine’s state budget with approximately $1.7 billion for World Bank projects focused on crucial sectors. These funds, disbursed between November and December, support social protection, healthcare reform, education improvements, business restoration, and smart fiscal governance. The funding is channeled through five specific World Bank programs: INSPIRE, SURGE, RISE, THRIVE, and LEARN. This contribution is part of a larger Japanese commitment of $3 billion to Ukraine, secured by frozen Russian assets.
Read More
The World Bank approved a $2.05 billion funding package for Ukraine, including a $1 billion grant—the first disbursement from a new $20 billion U.S. loan fund backed by frozen Russian assets. This package, supplementing $1.05 billion in World Bank financing enhanced by Japanese and British guarantees, aims to bolster Ukraine’s financial stability and support crucial economic reforms. These reforms encompass various sectors, including railways, energy, agriculture, and banking, and are designed to foster sustainable growth and EU accession. The funding will provide budget support to the Ukrainian Finance Ministry while promoting policy changes to strengthen the economy.
Read More
The University of Texas System will expand its Promise Plus program, offering free tuition and fees to undergraduate students from families earning $100,000 or less annually, starting fall 2025. This expansion builds upon a previous endowment, resulting in a significant decrease in student debt across the system. The move positions UT as a leader in affordability among U.S. universities, mirroring a similar initiative announced by MIT. This initiative aims to make higher education more accessible to a wider range of students.
Read More
Israel’s decision to withhold much-needed funds from the Palestinian Authority following the recognition of a Palestinian state by three European countries raises many questions and points to consider. First of all, why is Israel collecting taxes on behalf of the PA in the first place? Shouldn’t the PA be able to do this themselves? The issue is complicated by the fact that the recognition of Palestinian territory without Israel’s agreement violates the 1995 Oslo Accords, which serve as the foundation for Israel’s interactions with the PA.
The decision by Spain, Norway, and Ireland to recognize a Palestinian state while not recognizing Catalonia’s independence seems like a height of hypocrisy.… Continue reading
I am absolutely thrilled to hear that President Joe Biden’s administration has canceled $1.2 billion of federal student loans, providing much-needed relief to over 150,000 borrowers. It’s a significant move that benefits those enrolled in the government’s Saving on a Valuable Education (SAVE) plan, essentially wiping out loans for those who borrowed less than $12,000 for their higher education. As someone who has been making student loan payments since 2013, I can’t help but feel envious of those who are fortunate enough to be on the list for loan forgiveness. The impact of this program is truly commendable, especially for individuals who have been diligently making payments for over a decade.… Continue reading