Donors Pledge $4.4 Billion in Aid for Syria, Neighboring Countries

27 April, 2018, 00:50 | Author: Gregory Stephens
  • Russian, Iranian, Turkish FMS to meet in Moscow soon

Since representatives of over 70 countries, global organizations and Syrian civil society gathered in Brussels in April 2017 to coordinate the humanitarian response to Syria, the political narrative around the refugee crisis has grown increasingly somber.

"I expect that by the end of the day we will have heard pledges for 2018 of $4.4bn", he said.

"The European Union, as a whole, has pledged nearly $6 billion until 2019", Stylianides said, adding that the previously promised $3 billion for Syrian refugees in Turkey would be mobilized by the EU during the coming two years. The first 3 billion euros in aid for refugees was allocated by the European Union in 2016-2017.

But several major donors including the United States have not yet confirmed their pledges, Lowcock said, because of ongoing internal budget wrangling.

Some of the money has been raised already but Mark Lowcock, the head of United Nations aid agency UNOCHA told AFP he hoped to see $8 billion pledged on Wednesday, warning that some programmes may need to be cut if funds are not forthcoming.

Aid groups and the governments of countries neighbouring Syria and in Europe were dismayed that the United States failed to pledge any money this week - although there is the possibility that later donations could be announced.


He said influx of a large numbers of Syrian refugees to neighbouring countries has created huge economic and social burden on host countries.

In line with the coalition agreement, the government has earmarked over €400 million over the next four years for humanitarian aid and to improve prospects for refugees and host communities in the region.

"History has shown us that what that can lead to is permanent guerilla movements, instability, the inability for reconstruction and above all the risk that Daesh will take advantage to return", he said. Russian Federation and Iran, supporters of the Assad government, did participate but neither the Syrian government or opposition was represented.

In a video message to the forum, UN Secretary General António Guterres stressed that the conflict has caused horrendous suffering across an entire region, while at the same time Syria has become "a greenhouse for global instability" and "one of the most serious threats to worldwide peace and security".

"Every single cent we pledged today needs to be swiftly translated into action, spent in an effective and transparent way, this is our common responsibility", said Christos Stylianides, the European Commissioner for Humanitarian Aid and Crisis Management, announcing the figures.

Recommended:

  • Are Analysts Bullish BP plc (LON:BP) After Last Week?

    The ratio turned negative due to AA plc positioning: 1 sold and 2 reduced. 32 funds opened positions while 77 raised stakes. The stock has "Buy" rating by Peel Hunt on Wednesday, November 1. (NYSE:EL) on Wednesday, March 16 to "Neutral" rating.
    Syria appeal falls short of United Nations  target

    Syria appeal falls short of United Nations target

    He said "we've made a good start", even though the pledges would fall well short of the estimated $7 billion the U.N.is seeking.
    UN Welcomes DPRK Decision to Abandon Nuclear Tests

    UN Welcomes DPRK Decision to Abandon Nuclear Tests

    Earlier this week he dropped his requirement that U.S. troops leave the Korean peninsula as a precondition for denuclearisation. In the statement released by his Spokesperson, Guterres described Kim's decision as "a positive step forward".
  • Shire Gets Fifth Merger Proposal From Takeda

    Shire Gets Fifth Merger Proposal From Takeda

    Northern invested in 499,644 shares or 0% of the stock. 318,308 were reported by Cap Interest Invsts. (NASDAQ:FB). The company's stock had a trading volume of 2,971,422 shares, compared to its average volume of 1,502,656.
    McCabe to sue Trump admin for defamation, wrongful termination

    McCabe to sue Trump admin for defamation, wrongful termination

    The Trump administration has loudly complained about leaks, and Trump himself has repeatedly accused Comey of being a leaker. The foreign leader's name is redacted in the documents, but two people familiar with the call tell the AP it was Putin.
    Arizona Teachers Have Issued Their Demands. Now They're Ready to Walk Out

    Arizona Teachers Have Issued Their Demands. Now They're Ready to Walk Out

    Every student deserves a chance at a quality education, and access to services like nutrition, health, and after school programs. But if they don't, they will be forced to close, a measure that would be district wide rather than school by school.
  • Oklahoma City's Westbrook fined but avoids suspension after Game 4 confrontation

    Oklahoma City's Westbrook fined but avoids suspension after Game 4 confrontation

    Oklahoma City averages 18.9 points off turnovers per game, which ranks first in the National Basketball Association . The ROY candidate accounted for 33 points, seven rebounds and four dimes. "Just gotta take what's given", he said.
    Ex-FBI chief Comey's book sells 600000 in first week: publisher

    Ex-FBI chief Comey's book sells 600000 in first week: publisher

    The book's publisher, Flatiron Books , said more than a million copies are in print and that it has gone to press several times. James Comey's new tell-all book, A Higher Loyalty: Truth, Lies, and Leadership, has had quite a good week.
    In Borneo found a new species of ant-kamikaze

    In Borneo found a new species of ant-kamikaze

    Being a "model species" means that the ant will serve as an important navigation point in future studies on exploding ants. When confronted by an enemy, Southeast Asian " exploding ants" do exactly what their name implies: they explode.
  • Trump talks about 'crazy Stormy Daniels deal' on Fox & Friends

    Trump talks about 'crazy Stormy Daniels deal' on Fox & Friends

    Elsewhere in the interview , he took aim at "lying" James Comey , the Federal Bureau of Investigation and the Justice Department . The prosecutors also pointed to recent public comments by Hannity. "Another gift from the heavens in this case", Avenatti said.

    Korea nuclear crisis to top G7 foreign ministers' talks in Toronto

    President Donald Trump's demand to "fix" what he sees as flaws in the deal, the senior State Department official said. Freeland also noted that Japan's Foreign Minister Taro Kono had had dinner with the female envoys the night before.
    Taylor Swift offers with third alleged stalker this month, authorities say

    Taylor Swift offers with third alleged stalker this month, authorities say

    The 22-year-old man broke into her home by allegedly climbing up a ladder and smashing one of her windows with his hand. Back in February, Alvarado was arrested at that same NY address for using a shovel to break open the front door.


Popular

Earnings Forecast of MGM Resorts International (MGM)
The earnings growth rate for the next years is an important measure for investors planning to hold onto a stock for several years. Spirit of America Management Corp NY boosted its holdings in shares of MGM Resorts International by 78.1% during the 4th quarter.

HL Financial Services LLC Grows Holdings in Amazon.com
Vista Capital Ptnrs invested in 0.09% or 340 shares. (1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). AMZN registered $45.88 million net activity with 0 insider buys and 13 insider sales since December 7, 2017.

What Boosted AMD's Q4 Earnings?
DnB Asset Management AS lifted its position in shares of Advanced Micro Devices by 761.0% during the 4th quarter. (NASDAQ: AMD ). Captivating a peek at sell-side analyst insights, we can understand that the recent mean target price for the company is $13.84.

The Goodyear Tire & Rubber Company (NASDAQ:GT): Are Traders Shorting This Stock?
Shares of Goodyear Tire and Rubber closed the previous trading session at 26.14 down -0.73 2.72% with 26.5 shares trading hands. Sun Life Financial holds 539 shares or 0% of its portfolio. (1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell).

Nvidia Corp Stock as Institutional Investors Exit
State of Alaska Department of Revenue acquired a new stake in NVIDIA Corporation during the first quarter worth about $182,000. Gideon Cap Advsrs reported 3,548 shares or 0.61% of all its holdings. 107 funds opened positions while 281 raised stakes.

IPL 2018 | CSK vs RCB: 5 must-know facts
CSK managed 16 ff the penultimate over, thanks to some terrible bowling by Mohammed Shiraj, who conceded two wides and a no ball. Kohli's quickfire 57 and unbeaten 92 against Rajasthan Royals and Mumbai Indians respectively also has boosted RCB's confidence.

EPS for NextEra Energy, Inc
Out of 4 Wall Street analysts rating NextEra Energy Partners , 4 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold". Nuveen Asset Mgmt Ltd Liability Corporation invested in 306,699 shs or 0.31% of the stock. (NYSE:NEE) for 9,431 shares.

Meghan pulls strings to ask cellist to play
George's musical colleagues from near and far who will be performing at this very special and joyful occasion". On Tuesday, Kanneh-Mason said he could not contain his excitement after receiving a call from "Ms.

Mnuchin expresses optimism trade standoffs can be resolved
Mnuchin indicated he's involved in a "dialogue" with the Chinese government to resolve the trade dispute. The statement quoted a ministry spokesperson saying China welcomes this development.

Beyonce falls on stage at Coachella
The reunited girlband performed the same medley as the week before, which included "Lose My Breath", "Say My Name" and "Soldier". Grammy-winning singer Beyoncé made Coachella Weekend 2 another unforgettable outing.