Monday , 9 February 2026

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IMF approves $1billion in Ukraine aid after long delay

  Washington / AFP The International Monetary Fund resumed its bailout of war-torn Ukraine, approving disbursement of $1 billion from an aid package that had been held up in part on corruption concerns. Kiev had been waiting for the resumption of lending since August of last year in a $17.5 billion program intended to help stabilize the country after the …

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Italy projected to grow less this year than in 2015

  Bloomberg The Italian economy, the euro region’s third-biggest, will expand this year even less than in 2015 after failing to growth in the second quarter, the country’s main employers’ lobby said. Gross domestic product will increase an annual 0.7 percent, compared with the 0.8 percent growth last year, Confindustria said in a report presented in Rome on Thursday. Earlier …

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Telia says may be hit with $1.4bn in corruption fines

  Stockholm / AFP US and Dutch authorities are seeking $1.4 billion from Telia to settle probes into alleged corrupt practices by the Swedish telecoms operator in the Central Asian state of Uzbekistan, Telia said on Thursday. It said the proposals for the settlement did not go into much detail “but suggests a total settlement amount of approximately USD 1.4 …

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