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World Bank preparing ways to support Ukraine as fallout assessed

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The World Bank said on Thursday it was preparing options to provide immediate support to Ukraine‘s government, as the development lender and the International Monetary Fund assess the economic fallout from the conflict in Ukraine.

“We stand ready to provide immediate support to Ukraine and are preparing options for such support, including fast-disbursing financing,” World Bank President David Malpass said in a statement, adding that the institution was “horrified by the shocking violence and loss of life” in Ukraine.

The statement came after Malpass told Ukrainian President Volodymyr Zelenskiy on Saturday that the bank was preparing a $350 million disbursement to Ukraine for budget support by the end of March.

It was unclear, however, what resources may be available to aid Ukraine’s people if Zelenskiy’s democratically elected government is deposed by Russian forces.

In recent cases of abrupt shifts of government power by force, including coups in Myanmar and Sudan, the World Bank has suspended dealings with military-installed governments.

But in Afghanistan, which the Taliban took by force last August, the bank is seeking to use around $1 billion in a frozen Afghanistan trust fund for education, agriculture, health and family programs to ease a worsening humanitarian crisis.

NO REFERENCE TO AN “INVASION”

For Ukraine, Malpass said the World Bank was mobilizing a global crisis group to coordinate among its divisions and development partners to work on a rapid response. The bank is also coordinating closely with the IMF to assess the “far-reaching economic and social costs.”

IMF Managing Director Kristalina Georgieva said in a tweet https://twitter.com/KGeorgieva/status/1496858061797011456?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet that she was “deeply concerned” about the conflict in Ukraine, which “adds significant economic risk for the region & the world.

“We are assessing the implications & stand ready to support our members as needed,” Georgieva said, echoing comments she made earlier this month.

Neither leader used the term “invasion” in their statements. Russia and Ukraine are members of both institutions, which were created at the end of the last major conflict in Europe, World War Two. The United States holds controlling interests in both organizations.

Malpass said the World Bank was also in active dialogue to support neighboring countries affected by the conflict “and will make additional resources available.”

The IMF and the World Bank also said they were working to keep remaining employees in Ukraine safe. Most of the World Bank’s Ukraine staff have relocated outside the country, though some remained for personal and family reasons.

“We will continue to identify options for those who have decided to not leave the country at this point,” Malpass said in an internal memo to the bank’s nearly 16,000 global employees.

A spokesperson for the IMF said the fund had been in contact with remaining local staff in the country.

(Reporting by David LawderEditing by Chris Reese and Leslie Adler)

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Trump snaps at reporter when asked about abortion: ‘Stop talking about it’

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PALM BEACH, Fla. (AP) — Donald Trump is refusing to say how he voted on Florida’s abortion measure — and getting testy about it.

The former president was asked twice after casting his ballot in Palm Beach, Florida, on Tuesday about a question that the state’s voters are considering. If approved, it would prevent state lawmakers from passing any law that penalizes, prohibits, delays or restricts abortion until fetal viability — which doctors say is sometime after 21 weeks.

If it’s rejected, the state’s restrictive six-week abortion law would stand.

The first time he was asked, Trump avoided answering. He said instead of the issue that he did “a great job bringing it back to the states.” That was a reference to the former president having appointed three conservative justices to the U.S. Supreme Court who helped overturn the landmark Roe v. Wade decision in 2022.

Pressed a second time, Trump snapped at a reporter, saying “you should stop talking about it.”

Trump had previously indicated that he would back the measure — but then changed his mind and said he would vote against it.

In August, Trump said he thought Florida’s ban was a mistake, saying on Fox News Channel, “I think six weeks, you need more time.” But then he said, “at the same time, the Democrats are radical” while repeating false claims he has frequently made about late-term abortions.

In addition to Florida, voters in eight other states are deciding whether their state constitutions should guarantee a right to abortion, weighing ballot measures that are expected to spur turnout for a range of crucial races.

Passing certain amendments in Arizona, Missouri, Nebraska and South Dakota likely would lead to undoing bans or restrictions that currently block varying levels of abortion access to more than 7 million women of childbearing age who live in those states.

The Canadian Press. All rights reserved.



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Beyoncé channels Pamela Anderson in ‘Baywatch’ for Halloween video asking viewers to vote

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NEW YORK (AP) — In a new video posted early Election Day, Beyoncé channels Pamela Anderson in the television program “Baywatch” – red one-piece swimsuit and all – and asks viewers to vote.

In the two-and-a-half-minute clip, set to most of “Bodyguard,” a four-minute cut from her 2024 country album “Cowboy Carter,” Beyoncé cosplays as Anderson’s character before concluding with a simple message, written in white text: “Happy Beylloween,” followed by “Vote.”

At a rally for Donald Trump in Pittsburgh on Monday night, the former president spoke dismissively about Beyoncé’s appearance at a Kamala Harris rally in Houston in October, drawing boos for the megastar from his supporters.

“Beyoncé would come in. Everyone’s expecting a couple of songs. There were no songs. There was no happiness,” Trump said.

She did not perform — unlike in 2016, when she performed at a presidential campaign rally for Hillary Clinton in Cleveland – but she endorsed Harris and gave a moving speech, initially joined onstage by her Destiny’s Child bandmate Kelly Rowland.

“I’m not here as a celebrity, I’m not here as a politician. I’m here as a mother,” Beyoncé said.

“A mother who cares deeply about the world my children and all of our children live in, a world where we have the freedom to control our bodies, a world where we’re not divided,” she said at the rally in Houston, her hometown.

“Imagine our daughters growing up seeing what’s possible with no ceilings, no limitations,” she continued. “We must vote, and we need you.”

The Harris campaign has taken on Beyonce’s track “Freedom,” a cut from her landmark 2016 album “Lemonade,” as its anthem.

Harris used the song in July during her first official public appearance as a presidential candidate at her campaign headquarters in Delaware. That same month, Beyoncé’s mother, Tina Knowles, publicly endorsed Harris for president.

Beyoncé gave permission to Harris to use the song, a campaign official who was granted anonymity to discuss private campaign operations confirmed to The Associated Press.

The Canadian Press. All rights reserved.



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Party leaders pay tribute following death of retired senator Murray Sinclair |

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Prime Minister Justin Trudeau, NDP Leader Jagmeet Singh and Green Party Leader Elizabeth May pay tribute to the life of Murray Sinclair, former judge, senator and chair of the Truth and Reconciliation Commission. Sinclair died November 4, 2024 at the age of 73. (Nov. 4, 2024)



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