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Diplomats from dozens of countries are meeting Wednesday in London to drum up funds to rebuild Ukraine, a mammoth task whose cost is estimated by the World Bank at more than $400 billion – a figure rising daily alongside the human toll of the 16-month war. Follow our liveblog for the latest developments on the war in Ukraine. All times are Paris time (GMT+2).
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7:03am: Allies seek private investment to rebuild Ukraine at London conference
Diplomats from dozens of countries are meeting Wednesday in London to drum up funds to rebuild Ukraine, a mammoth task whose cost is estimated by the World Bank at more than $400 billion – a figure rising daily alongside the human toll of the 16-month war.
US Secretary of State Antony Blinken is due to announce a new package of US assistance at the Ukraine Recovery Conference, which is both a fundraising forum and a message to Russia that Ukraine’s allies are in it for the long haul.
Blinken, UK Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen are among international representatives at the gathering, which hopes to get big businesses to back Ukraine.
“(It’s) very much about encouraging the private sector to invest in Ukraine’s rebuilding and recovery,” UK Foreign Secretary James Cleverly said on Tuesday. To do that, he said, “we need to demonstrate that those investments will be effective and that they will be safe” by underwriting Ukraine’s long-term security.
6:46am: Two drones intercepted on way to military warehouses in Moscow region, governor says
Two drones were intercepted on their approach to military warehouses in the Moscow region, Andrei Vorobyov, the governor of the area, said on Wednesday. “Debris was found, no damage or casualties,” Vorobyov said, adding that the drones fell near the village of Kalininets.
Russia’s channels on the Telegram…
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