ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Outset Medical, Inc. Investors With Losses to Secure Counsel Before Important September 6 Deadline in Securities Class Action – OM

NEW YORK, Aug. 20, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Outset Medical, Inc. (NASDAQ: OM) between September 15, 2020 and June 13, 2022, both dates inclusive (the “Class Period”), of the important September 6, 2022 lead plaintiff deadline.

SO WHAT: If you purchased Outset Medical securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Outset Medical class action, go to https://rosenlegal.com/submit-form/?case_id=6976 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 6, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) defendants had “continuously made improvements and updates to Tablo over time since its original clearance” that required an additional 510(k) application; (2) as a result, Outset Medical could not conduct a human factors study on a cleared device in accordance with FDA protocols; (3) Outset Medical’s inability to conduct the human factors study subjected Outset Medical to the likelihood of the FDA imposing a “shipment hold” and marketing suspension, leaving the Company unable to sell Tablo for home use; and (4) as a result, defendants’ positive statements about Outset Medical’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Outset Medical class action, go to https://rosenlegal.com/submit-form/?case_id=6976 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Solana Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action – SOL

NEW YORK, Aug. 20, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of SOL tokens (“SOL securities”) between March 24, 2020 and the present, inclusive (the “Class Period”), of the important September 6, 202 lead plaintiff deadline in the securities class action lawsuit against Solana Labs, Inc., the Solana Foundation, Anatoly Yakovenko, Multicoin Capital Management LLC, Kyle Samani, and FalconX LLC (together, “Defendants”).

SO WHAT: If you purchased SOL securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the SOL class action, go to https://rosenlegal.com/submit-form/?case_id=7539 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 6, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, Solana issues securities that are required to be, but are not, registered with the U.S. Securities and Exchange Commission. Throughout the Class Period, defendants promoted SOL securities (SOL tokens) and sold them to investors, who has suffered losses from purchasing SOL securities.

To join the SOL class action, go to https://rosenlegal.com/submit-form/?case_id=7539 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Missfresh Limited Investors With Losses to Secure Counsel Before Important Deadline in First Filed Securities Class Action Initiated by the Firm – MF

NEW YORK, Aug. 20, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Missfresh Limited (NASDAQ: MF) pursuant and/or traceable to the registration statement and prospectus (collectively, the “Registration Statement”) issued in connection with Missfresh’s June 2021 initial public offering (“IPO” or the “Offering”) of the important September 12, 2022 lead plaintiff deadline in the class action first filed by the firm.

SO WHAT: If you purchased Missfresh securities pursuant and/or traceable to the IPO you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Missfresh class action, go to https://rosenlegal.com/submit-form/?case_id=7370 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 12, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the IPO Registration Statement featured false and/or misleading statements and/or failed to disclose that: (1) Missfresh provided false financial figures in its Registration Statement; (2) Missfresh would need to amend its financial figures; (3) Missfresh, among other things, had lesser net revenues for the quarter ended March 31, 2021; and (4) as a result, defendants’ public statements were materially false and misleading at all relevant times and negligently prepared. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Missfresh class action, go to https://rosenlegal.com/submit-form/?case_id=7370 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

 

‫ دار سك العملة الكندية تصدر تقرير الأرباح والأداء للربع الثاني من العام 2022

أوتاوا، أونتاريو، 20 أغسطس 2022 / PRNewswire / — يسر دار سك العملة الملكية الكندية (“دار سك العملة”) الإعلان عن نتائجها المالية للربع الثاني من العام 2022 التي توفر معلومات عن أنشطتنا والأسواق التي تؤثر على أعمالنا التجارية وتوقعاتنا لفترة الـ 12 شهرا المقبلة.

وفي هذا السياق قالت ماري ليماي، الرئيس والمدير التنفيذي لمؤسسة سك العملة الكندية الملكية: «تواصل دار سك العملة إظهار المرونة والاستقرار من خلال تحقيق نتائج قوية في خضم الظروف الصعبة التي تشهدها الأسواق». وأضافت: «إن الاستجابة المتميزة لمجموعتنا من العملات الجديدة أوبيولنس كوليكشن ( Opulence Collection ) قد جعلت دار سك العملة تستقطب فئة جديدة من العملاء. وسنستمر في تلبية احتياجات العملاء في جميع أعمالنا حيث نسعى جاهدين للوصول إلى جماهير جديدة واغتنام الفرص الجديدة».

يجب قراءة النتائج المالية إلى جانب التقرير السنوي لدار سك العملة والمتوفر على  www.mint.ca . جميع المبالغ النقدية هي بالدولار الكندي، ما لم يذكر خلاف ذلك.

أبرز الملامح المالية والتشغيلية

  • جاءت النتائج المالية للربع الثاني من عام 2022 تجسيدًا لما هو متوقع نظرًا للأداء الاستثنائي الذي تحقق في عام 2021، والصيانة التشغيلية التي تقرر تنفيذها في عام 2022. وتتوقع دار سك العملة أن تحقق ما يفوق أهدافها المالية لعام 2022، على النحو الوارد في خطة أعمالها.
  • ومقارنة بعام 2021، الذي أسفر عن نتائج فردية، انخفضت إيرادات دار سك العملة بنسبة 12٪ بينما انخفضت الربحية الإجمالية على أساس ربع سنوي نظرًا لانخفاض أحجام مبيعات سبائك الذهب وارتفاع مصاريف التشغيل.
  • انخفضت الإيرادات الموحدة إلى 841.9 مليون دولار في العام 2022 (2021 – 953.5 مليون دولار).
  • وانخفضت الإيرادات من أعمال المعادن الثمينة إلى 793.6 مليون دولار في عام 2022 (2021- 905.4 مليون دولار):
    • وانخفضت أحجام مبيعات سبائك الذهب بنسبة 20% وبلغت 357.0 ألف أوقية (2021 – 448.7 ألف أوقية) بينما ارتفعت أحجام مبيعات سبائك الفضة 8% على أساس ربع سنوي وبلغت 9.6 مليون أوقية (2021 – 9.0 مليون أوقية).
    • ارتفعت مبيعات منتجات السك من دار سك العملة إلى 31.9 مليون دولارًا في عام 2022 (2021 – 24.8 مليون دولار) بسبب ارتفاع المبيعات من مجموعة العملات المعدنية الجديدة أوبيولنس من دار سك العملة وعملات إعادة البيع المعدنية الدولية ومنتجات السبائك المتميزة.

    • وارتفعت الإيرادات من أعمال التداول إلى 48.3 مليون دولار في عام 2022 (2021 – 48.1 مليون دولار):
    • ارتفعت الإيرادات من منتجات وخدمات تداول العملات الكندية بنسبة 14٪ على أساس ربع سنوي من إنتاج العملات لتجديد مستويات مخزون التداول الكندي المحتفظ به نيابة عن وزارة المالية بالإضافة إلى زيادة عدد الأطنان المترية التي تمت معالجتها خلال الفترة ضمن برنامج استعادة السبائك المعدنية.
    • انخفضت الإيرادات من أعمال التدوير الخارجي بنسبة 11٪ على أساس ربع سنوي بسبب انخفاض حجم الإنتاج والشحن في عام 2022 مقارنة بعام 2021.
  • بشكل عام، زادت نفقات التشغيل بنسبة 13٪ على أساس ربع سنوي لتصل إلى 29.7 مليون دولار أمريكي (2021 – 26.2 مليون دولار أمريكي) ويرجع ذلك في الأساس إلى الزيادات المؤقتة وغير المؤقتة المقررة في النفقات لدعم تحول الأعمال، والقوى العاملة الشاملة والمشتركة، وإعادة الاتصال بعملاء دار سك العملة حول العالم.
  • وارتفع حجم النقد إلى 86.6 مليون دولار (31 ديسمبر 2021 – 69.3 مليون دولار).
  • النتائج الموحدة والأداء المالي

(بالملايين)  

بنهاية 13 أسبوعًا

بنهاية 26 أسبوعًا

   تغيير

   تغيير

يوليو 2

‎2022

يوليو 3

‎2021

دولار

%

يوليو 2

‎2022

يوليو 3

‎2021

دولار

%

الإيرادات

841.9 دولار

953.5 دولار

(111.6)

(12)

1,706.9 دولار

1,856.4 دولار

(149.5)

(8)

الأرباح للفترة

2.4 دولار

20.5 دولار

(18.1)

(88)

16.8 دولار

34.3 دولار

(17.5)

(51)

الربح قبل ضريبة الدخل

  والبنود الأخرى 1

14.5 دولار

25.2 دولار

(10.7)

(42)

30.3 دولار

51.1 دولار

(20.8)

(41)

الربح قبل ضريبة الدخل

  وهامش البنود الأخرى2

1.7 %

2.6 %

1.8 %

2.8 %

(1) الربح قبل ضريبة الدخل والبنود الأخرى هو مقياس مالي غير متوافق مع مبادئ المحاسبة المقبولة عموماً. تسوية من ربح الفترة حتى الربح

قبل تضمين ضريبة الدخل والبنود الأخرى في الصفحة 12 من تقرير الربع الثاني لعام 2022 الصادر عن دار سك العملة.

(2) الربح قبل ضريبة الدخل وهامش البنود الأخرى هو مقياس مالي غير متوافق مع مبادئ المحاسبة المقبولة عموماً ويستند حسابه إلى الربح قبل

ضريبة الدخل والبنود الأخر.

بتاريخ

2 يوليو 2022

31 ديسمبر 2021

تغيير دولار

تغيير %

نقد

دولار

‎86.6

دولار

‎69.3

‎17.3

‎25

مخزونات

دولار

‎65.4

دولار

‎86.5

‎(21.1)

‎(24)

الأرصدة الرأسمالية

دولار

‎153.3

دولار

‎154.2

‎(0.9)

‎(1)

الأرصدة الكاملة

دولار

‎403.9

دولار

‎405.5

‎(1.6)

رأس المال المتداول

دولار

‎142.6

دولار

‎122.5

‎20.1

‎16

كجزء من خطتها لاستمرارية الأعمال، تواصل دار سك العملة مراقبة سلسلة التوريد العالمية والشبكات اللوجستية لدعم عملياتها المستمرة. على الرغم من أنها تبذل قصارى جهدها، تتوقع دار سك النقود أن كوفيد-19 والمغايرات الناشئة والتضخم، فضلاً عن الأحداث الخارجية الأخرى في جميع أنحاء العالم، ستستمر في التأثير على أدائها في عام 2022. تواصل دار سك العملة العمل على التخفيف من المخاطر المحتملة عند ظهورها وإعطاء الأولوية لصحة وسلامة موظفيها، وتعديل بروتوكولات العمل الخاصة وفقًا لما تطلبه المقاطعات والسلطات الصحية المحلية.

لقراءة المزيد من تقرير الربع الثاني لعام 2022 الصادر عن دار سك العملة، يرجى زيارة  www.mint.ca ‏.

نبذة عن دار سكّ العملة الملكية الكندية

دار سك العملة الملكية الكندية هي المؤسسة الرئيسية المسؤولة عن سك وتوزيع العملات المعدنية المتداولة في كندا. وتُعَد دار سك العملة المَلَكية الكندية واحدة من أكبر دار سك العملة وأكثرها تنوعًا في العالم، حيث تُقدِّم مجموعة واسعة من منتجات العملات المعدنية المتخصصة عالية الجودة والخدمات ذات الصلة على نطاق دولي. لمزيد من المعلومات عن دار سكّ العملة الملكية الكندية ومنتجاتها وخدماتها، يُرجى زيارة موقعها الإلكتروني:   www.mint.ca ‏. أو متابعة حساباتها على  تويتر و  فيسبوك  و  إنستغرام .

البيانات التطلعية والتدابير المالية غير المتوافقة مع المعايير المحاسبية المقبولة عموماً

يحتوي بيان الأرباح هذا على مقاييس مالية غير متوافقة مع مبادئ المحاسبة المقبولة عموماً التي يتم الإشارة إليها بوضوح عند تقديمها. لا يتم توحيد المقاييس المالية غير المتوافقة مع مبادئ المحاسبة المقبولة عموماً بما يطابق المعايير الدولية لإعداد التقارير المالية ( IFRS ) وقد لا تكون قابلة للمقارنة مع التدابير المالية المماثلة التي تفصح عنها الشركات الأخرى التي تقوم بإعداد تقاريرها وفقًا للمعايير الدولية لإعداد التقارير المالية.

يحتوي بيان الأرباح هذا على بيانات تطلعية تعكس توقعات الإدارة في ما يتعلق بأهداف دار سك العملة وخططها واستراتيجياتها ونموها المستقبلي ونتائج العمليات والأداء وفرص واحتمالات العمل. عادةً ما يتم تحديد البيانات التطلعية بفضل وجود كلمات أو عبارات مثل “نخطط” و”نتوقع” و”تتوقع” و”تعتقد” و”نقدر” و”نعتزم” وغيرها من الكلمات المماثلة. هذه البيانات التطلعية ليست حقائق، ولكنها مجرد تقديرات تتعلق بالنمو المتوقع ونتائج العمليات والأداء وآفاق العمل والفرص (الافتراضات). في حين أن الإدارة تعتبر هذه الافتراضات معقولة بناءً على المعلومات المتاحة، فقد يثبت أنها غير صحيحة. تخضع تقديرات النتائج المستقبلية هذه لعدد من المخاطر والشكوك والعوامل الأخرى التي قد تؤدي إلى اختلاف النتائج الفعلية ماديًا عما تتوقعه دار سك العملة. وتتضمن هذه المخاطر والشكوك والعوامل الأخرى، على سبيل المثال لا الحصر، تلك المخاطر والشكوك الموضحة في قسم المخاطر على الأداء في مناقشة الإدارة والتحليل في التقرير السنوي لشركة دار سك العملة الكندية للعام 2021، وكذلك في الإشارة رقم 9 – الأدوات المالية وإدارة المخاطر المالية في البيانات المالية الموحدة المدققة الصادرة عن دار سك العملة للسنة المنتهية في 31 ديسمبر 2021. يتم إصدار البيانات التطلعية المدرجة في بيان الأرباح هذا فقط اعتبارًا من 17 أغسطس 2022، ولا تتعهد دار سك العملة بتحديث هذه البيانات علنًا لتعكس معلومات جديدة أو أحداث مستقبلية أو تغييرات في الظروف أو لأي سبب آخر بعد هذا التاريخ.

يُرجى التواصل مع: أليكس ريفز، المدير الأول، العلاقات العامة، هاتف: (613) 884-6370، reeves@mint.ca

Death toll from heavy rains, floods in Sudan rises to 79

KHARTOUM— The death toll from recent heavy rains and floods in Sudan has climbed to 79, the country’s National Council for Civil Defense announced.

The number of injuries stood at 30, and “tens of thousands of homes have been damaged, particularly in central Sudan’s Gezira State, with over 35, 000 homes completely or partially collapsed,” the council said in a statement.

Meanwhile, the council held an emergency meeting to sort out all available accommodating materials and promptly distribute them to the most affected states, including River Nile, Gezira, Kassala and Sinnar.

The Sudanese Meteorological Authority meanwhile warned against unprecedented rains in most states across the country in upcoming months, urging the citizens to take precautions, particularly those living in low areas which are susceptible to floods.

The Sudanese army has sent troops and rescue equipment including helicopters and boats to support local search and evacuation operations in the Al-Manaqil area in the Gezira State, said an army statement.

According to the UN Office for the Coordination of Humanitarian Affairs, nearly 136,000 Sudanese people have been affected by the floods and heavy rains in the country since June.

Sudan often witnesses floods caused by heavy rains from June to October.

Source: Nam News Network

On Humanitarian Day, UK will fund £36 million to help people in Ukraine, East Africa and Syria

LONDON— The UK has announced £36 million (approx. US$ 42 million) in UK humanitarian funding to help people in Ukraine, East Africa, and Syria.

People whose lives have been upended by the Russian invasion of Ukraine, drought and food shortages in East Africa, and conflict in Syria will be among those to benefit from £36 million in UK humanitarian funding announced Friday.

The announcement comes on United Nations World Humanitarian Day (Friday 19 August) as parts of the globe come under increasing strain from lasting effects of the pandemic, the increasing impact of climate change, and conflicts in Europe, Africa and the Middle East.

Local aid workers are at the forefront of the effort to alleviate the disastrous consequences of these crises as they provide humanitarian assistance for communities across the world. The UK’s funding announcement will support them to continue their essential work.

In Ukraine and Poland, where the majority of Ukrainians who have fled the conflict have travelled, £15 million in UK funding will support up to 200,000 of the most vulnerable impacted by Russia’s invasion. This includes children, older people and those with disabilities. International aid organisation Mercy Corps will work with grassroots civil society groups to provide emergency assistance to cover basic needs, including food, water and sanitation, psychological support and childcare services.

In East Africa, where severe food insecurity threatens over 48 million people, the UK has allocated an additional £14 million to the countries on the frontline of the world’s worst humanitarian crisis. This new spending, which will work immediately to save lives and prevent more people experiencing famine-like conditions, includes:

– £5 million boost to the UK Somalia programme, which is providing life-saving health, nutrition, food security and water and sanitation assistance to over half a million people in some of the most vulnerable families

-£6 million for the Ethiopia Humanitarian Fund which will provide vital assistance to under-funded emergencies across Ethiopia, including drought and conflict-affected regions

-£3 million in emergency humanitarian funding to the World Food Programme, Sudan, helping reach approximately 120,000 vulnerable people with food assistance

Minister of State for South and Central Asia, North Africa, UN and the Commonwealth and the Prime Minister’s Special Representative on Preventing Sexual Violence in Conflict, Lord (Tariq) Ahmad of Wimbledon said: “In 2022 millions more people are now in desperate need of humanitarian support. UK funding is ensuring that the UN and local partners can reach those affected by Russian aggression in Ukraine, drought in East Africa and ongoing conflicts in Syria, Yemen and Afghanistan. We thank those on the ground who so often risk their own lives to help and protect them.

”Britain has a proud humanitarian tradition, and we will continue to support the most vulnerable, wherever they are”.

The Russian invasion is exacerbating the world food crisis, which is hitting the poorest hardest, particularly in East Africa. The UK and its allies have pushed hard for the UN grain initiative and the world is watching to ensure that Russia complies, so food continues to flow from Ukraine and feed the hungry.

The UK is also providing £1.5 million to deploy technology to identify whether grain sold by Russia on the world market has been stolen from Ukraine. A package of rail support to Ukraine will also ensure grain trains can run. Moreover, the UK is providing Ukraine with the military capability to help protect its ports, essential for the grain deal to be a success.

The UK is also announcing a £7 million package to support Syrian refugees who have fled the conflict to Lebanon, delivered through the World Food Programme. This funding will help provide more than 150,000 people with food, water and nutrition. This is part of the UK’s pledge to provide up to £158 million earlier this year at the Brussels Pledging Conference or the Syria Crisis, which will support food production, protect women and girls from violence and ensure humanitarian access to the North East of Syria, where the situation is deteriorating.

The UK is the third largest bilateral donor to the crisis in Syria, having committed over £3.8 billion to date in our largest ever response to a single humanitarian crisis. This includes support to the governments of Jordan, Lebanon and Turkey to cope with the protracted refugee presence by supporting displaced Syrians until they can return safely to Syria.

The UK has consistently been one of the largest bilateral humanitarian donors globally and have been at the forefront of driving more effective and innovative approaches to crisis prevention, preparedness, and response.? Since 2015, the UK has reached 32.6 million people with humanitarian aid, saving lives and alleviating suffering in places like Syria, Ethiopia, and Afghanistan.

Now in Ukraine, the UK is working alongside trusted partners to deliver its £220 million humanitarian pledge.

Source: Nam News Network