bitcoin
bitcoin

$93842.250729 USD

-0.44%

ethereum
ethereum

$3252.904619 USD

-2.43%

tether
tether

$0.999965 USD

0.04%

xrp
xrp

$2.290673 USD

-2.92%

bnb
bnb

$689.812995 USD

-1.30%

solana
solana

$189.037335 USD

-3.01%

dogecoin
dogecoin

$0.327378 USD

-3.56%

usd-coin
usd-coin

$1.000053 USD

0.01%

cardano
cardano

$0.918367 USD

-2.09%

tron
tron

$0.240991 USD

-2.59%

avalanche
avalanche

$36.840055 USD

-0.68%

sui
sui

$4.858228 USD

1.49%

toncoin
toncoin

$5.207937 USD

-1.66%

chainlink
chainlink

$19.948693 USD

-1.68%

shiba-inu
shiba-inu

$0.000021 USD

0.37%

Cryptocurrency News Articles

Norway Pledges Billions for Ukraine Air Defense Amidst Russian Onslaught

Apr 22, 2024 at 08:06 pm

Due to the escalating attacks and dire need for assistance, Norway will contribute to Ukraine's air defense system. Prime Minister Jonas Gahr Støre announced the allocation of billions from the Nansen program and the inclusion of aid in the revised budget. The specific amount remains undisclosed, but Støre emphasizes the significant cost of preserving peace and freedom, with Ukraine bearing the brunt of the burden.

Norway Pledges Billions for Ukraine Air Defense Amidst Russian Onslaught

Norway Commits Billions to Bolster Ukraine's Air Defense Capabilities Amidst Russian Onslaught

In light of the dire humanitarian situation in Ukraine, the Norwegian government has announced its decision to contribute significantly to the establishment of an air defense system in the war-torn country. Norwegian Prime Minister Jonas Gahr Støre disclosed this critical initiative during an interview with TV2, as reported by the University of North Norway (UNN).

Prime Minister Støre emphasized the pressing need for such assistance, citing the relentless Russian missile and drone strikes that have relentlessly targeted civilian infrastructure, energy facilities, and innocent lives. "Ukraine has valiantly defended itself against these attacks, but its supplies are dwindling," he stated.

Recognizing the urgency of the situation, Norway has committed to allocating billions of Norwegian kroner towards Ukraine's air defense efforts. This funding will be drawn from the Nansen program, a comprehensive aid package that has provided military and civilian support to Ukraine to the tune of NOK 75 billion over five years.

However, to ensure Norway's full participation in this crucial initiative from its inception, the government will also allocate additional funds through its revised budget. "We will dedicate sufficient resources to ensure our involvement from the outset," Prime Minister Støre affirmed.

While acknowledging the substantial financial implications, the Prime Minister remained resolute in his stance. "Peace and freedom come at a cost, and it is one that Ukraine and its people bear the heaviest burden," Støre emphasized.

The Norwegian government's commitment to Ukraine's air defense is aligned with the global consensus on the urgent need for military assistance. Latvia has recently expressed its readiness to supply Ukraine with a short-range air defense system, while the United States is considering sending ATACMS missiles within the coming week, as per remarks made by Senator Joe Manchin.

These international efforts underscore the recognition that bolstering Ukraine's air defense capabilities is essential for mitigating the devastating impact of Russian aggression on its civilian population and infrastructure. Norway's generous contribution is a testament to its unwavering support for Ukraine's sovereignty and the preservation of peace and stability in Europe.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jan 10, 2025