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On Thursday, Ukrainian President Volodymyr Zelenskyy issued a proclamation ordering a full mobilisation in the aftermath of Russia’s military action, which is to be completed within 90 days. According to Zelenskyy, 137 Ukrainians were killed and 316 injured on the first day of Russia’s invasion.
Furthermore, while speaking to the public on the situation in Ukraine, US President Joe Biden denounced Russia for starting the military strike on Thursday and declared “new harsh penalties and limitations” on Russia. The sanctions include limiting Russia’s capacity to do business in dollars, euros, pounds, and yen in order to participate in the global economy, preventing Russia from funding and expanding its military, and limiting Russia’s ability to compete in a high-tech 21st-century economy.
In the midst of the current political and military scenario, the World Bank announced on Thursday that it is ready to provide immediate financial support to Ukraine. “We are willing to support Ukraine immediately and are examining a variety of options, including fast-track funding. In concert with development partners, the World Bank Group will mobilise all of its financial and technical support resources to respond immediately “based on the claim
