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Ukraine Latest: IMF Will Provide $1.3 Billion for Payment Needs

Ukrainian firefighters put out a fire after a strike in Zaporizhzhia, Ukraine, on Oct. 6.

Ukrainian firefighters put out a fire after a strike in Zaporizhzhia, Ukraine, on Oct. 6.

Photographer: Dimitar Dilkoff/AFP/Getty Images

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The International Monetary Fund’s executive board approved $1.3 billion to help Ukraine with its financing. European Union leaders edged closer to a Russian gas-price cap as a further measure to punish President Vladimir Putin for his invasion of Ukraine, as Kremlin forces intensified strikes on the southern city of Zaporizhzhia. 

The Nobel Peace Prize was awarded to backers of human rights in Russia, Ukraine and Belarus, collectively cited by the Nobel committee for their “outstanding effort to document war crimes, human right abuses and the abuse of power.” But some in Ukraine made clear their chagrin at sharing the prize.