European Union leaders unanimously agreed on Thursday to extend 50 billion euros in aid to Ukraine, the chairman of the summit said, overcoming weeks of resistance from Hungary.
"We have a deal. Unity," said European Council President Charles Michel in a post on X. "All 27 leaders agreed on an additional 50 billion euro support package for Ukraine within the EU budget.
"This locks in steadfast, long-term, predictable funding for Ukraine. EU is taking leadership and responsibility in support for Ukraine; we know what is at stake."
The agreement comes after weeks of wrangling with Hungarian Prime Minister Viktor Orban, who vetoed the aid package in December.
President Volodymyr Zelenskiy said on Thursday the EU's approval of its aid package to Ukraine would strengthen long-term economic and financial stability as the war with Russia approaches its third year.
Ukraine expects to receive the first tranche of 4.5 billion euros ($4.9 billion) from the EU facility in March, the economy ministry said on Thursday.
The United States cancelled a planned Budapest summit between President Donald Trump and Russian leader Vladimir Putin following Russia's firm stance on hardline demands regarding Ukraine, the Financial Times reported on Friday.
Hurricane Melissa's confirmed death toll has climbed to 49, according to official reports, after it wreaked destruction across much of the northern Caribbean and headed towards Bermuda.
Britain's King Charles has stripped his younger brother Andrew of his title of prince and forced him out of his Windsor home, Buckingham Palace said on Thursday, seeking to distance the royals from him over his links to the Jeffrey Epstein scandal.
The death toll from the heavy floods in central Vietnam has risen to 13, the government said on Friday, as residents of the flooded Hoi An started clean-up operations as the water levels began to subside.
The US has granted India a six-month sanctions waiver to operate the Iranian port of Chabahar, India said on Thursday, boosting its efforts to enhance trade with Afghanistan and Central Asian countries bypassing Pakistan.
US President Donald Trump said on Thursday he had agreed to reduce tariffs on China to 47 per cent in exchange for Beijing resuming US soybean purchases, keeping rare earths exports flowing and cracking down on the illicit trade of fentanyl.
Israeli planes and tanks pounded areas in eastern Gaza on Thursday, Palestinian residents and witnesses said, a day after Israel said it remained committed to a US-backed ceasefire despite launching more lethal bombardments in the territory.
Police have arrested five more suspects linked to the theft of treasures worth $102 million from the Louvre museum's Apollo gallery, the Paris prosecutor said on Thursday, expressing hope the latest developments will help them find the jewels.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.