In the United States, Republicans have shown hesitation in approving a funding proposal put forth by Democratic President Joe Biden, which would allocate $61.4 billion in fresh assistance to Ukraine. Attempts by lawmakers to reach a consensus on this matter were abandoned before they departed Washing...
Trump’s upcoming move to the White House has triggered a scramble by the Biden administration to ensure all thecongressionally approved funding for Ukrainegets delivered and that Kyiv is in a strong position going into the winter. The Biden administrati...
US Treasury's Janet Yellen said on Tuesday that the United States would "be responsible for Ukraine's defeat" if the US Congress fails to approve the Biden administration's latest multi-billion-dollar funding request for the war-torn country. Yellen told reporters on a trip to Mexico City th...
“We’re determined to sustain our support” for Ukraine, Blinken said, “we’re working very closely with Congress in order to do that. I know our European colleagues are doing the same thing.” Here are key things to know about Ukraine's economy and why funding from allies is crucial...
will send $1.7 billion in military aid to Ukraine, officials announced on Monday, including an array of munitions for air defense systems, artillery, mortars and anti-tank and anti-ship missiles.The package includes $1.5 billion in funding for long-term contracts through the Ukraine Security ...
EU finance ministers meet today to mull a US proposal to fund a loan to Ukraine backed by the proceeds from immobilised assets belonging to Russia’s central bank © Reuters Why EU countries are nervous about funding a US loan to Ukraine on x (opens in a new window) Why EU countries ...
As 2023 drew to a close, the administration of Ukrainian President Vo-lodymyr Zelensky must have looked with some degree of consternation at political developments in the United States, where continued funding to assist Kyiv fight off the Russian invasion, which began almost two years ago, is ...
“I’m optimistic that we will get the funding to Ukraine, but in terms of how that happens, I’m not sure. There are many different versions to what the ultimate path might be,” Spanberger added. A US official said there remained enough funding “available to meet Ukraine’s battlefie...
“I call on the Speaker to let the full House speak its mind, and not let allow a minority of the most extreme voices in the House to block this bill even from being voted on,” Biden said on Tuesday. “For Republicans in Congress who think they can oppose funding for Ukraine and no...
Treasury secretary Janet Yellen on Wednesday met with Ukraine finance minister Sergii Marchenko to ratify an agreement that Russia, rather than US taxpayers, would foot the bill for any funds yet to be repaid. “This loan initiative will provide Ukraine with urgently needed funds and will make fu...