EAST BOSTON SOCCER BALL INSTALLATION SETS GUINNESS WORLD RECORD AS WORLD’S LARGEST AHEAD OF FIFA WORLD CUP MATCHES IN MASSACHUSETTS. (PHOTO).

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 East Boston soccer ball installation sets Guinness World Record as world’s largest ahead of FIFA World Cup matches in Massachusetts   A giant soccer ball installed at Piers Park II in East Boston has officially been recognized as the world’s largest, surpassing a previous record set in Qatar in 2013. The inflatable structure was created by Britten, Inc. and Creative Inflatables in Ohio as a celebration of upcoming FIFA World Cup matches scheduled to take place in Foxborough in June and July. The installation will remain on public display through June 18, giving visitors a chance to see the record-breaking display up close. Officials said the materials used in the structure will be recycled once the exhibit is taken down.
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IMF JOINS WORLD BANK IN SUPPORTING UKRAINE,APPROVES $1.4BN EMERGENCY FINANCING. (PHOTO).

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IMF Joins World Bank In Supporting Ukraine, Approves $1.4bn Emergency Financing

The International Monetary Fund (IMF) says its executive board has approved $1.4 billion in emergency financing to support Ukraine amid the ongoing war with Russia.

The Washington-based institution, in a statement, said the executive board gave its approval on Wednesday night.

According to IMF, the support comes from its rapid financing instrument (RFI).

The RFI provides rapid financial assistance available to all IMF member countries facing an urgent balance of payments need.

Kristalina Georgieva, IMF managing director, said the Russian military invasion of Ukraine has been responsible for a massive humanitarian and economic crisis.

She said the “tragic loss of life, huge refugee flows, and immense destruction of infrastructure and productive capacity is causing severe human suffering and will lead to a deep recession this year.”

“Financing needs are large, urgent, and could rise significantly as the war continues.”

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