Following the money behind Russia’s war
The Oligarch’s Design is a methodical and tightly constructed investigative film that shifts attention away from front-line events to the less visib...
President Biden announces $5.9B in military aid for Ukraine, boosting support before leaving office as questions loom over future aid under President-elect Trump.
The United States on Monday announced nearly $6 billion in additional military and budget assistance for Ukraine as President Joe Biden uses his final weeks in office to surge aid to Kyiv before President-elect Donald Trump takes power.
Biden announced $2.5 billion in additional security assistance for Ukraine.
Treasury Secretary Janet Yellen said the United States has made available $3.4 billion in additional budget aid to Ukraine, giving the war-torn country critical resources amid intensifying Russian attacks on Ukrainian civilians and infrastructure.
"At my direction, the United States will continue to work relentlessly to strengthen Ukraine’s position in this war over the remainder of my time in office," Biden said in a statement.
Biden's announcement includes $1.25 billion in military aid drawn from U.S. stockpiles and a $1.22 billion Ukraine Security Assistance Initiative (USAI) package, the final USAI package of Biden's time in office.
Under USAI, military equipment is procured from the defense industry or partners, rather than drawn from American stocks, meaning it can take months or years to arrive on the battlefield.
Yellen said in a statement the direct budget assistance, provided in coordination with the U.S. Agency for International Development and the State Department, marked the final disbursement under the 2024 Ukraine Security Supplemental Appropriations Act.
The U.S. Congress has approved $175 billion in total assistance for Ukraine since Russia's invasion of Ukraine nearly three years ago, according to the nonpartisan Committee for a Responsible Federal Budget. Recently the Russians have been using North Korean troops to bolster their fighting position.
North Korean forces are experiencing mass casualties on the front lines of Russia's war against Ukraine, with 1,000 of their troops killed or wounded in the last week alone in Russia's Kursk region, White House spokesperson John Kirby said on Friday.
Biden said the new assistance will provide Ukraine with "an immediate influx of capabilities that it continues to use to great effect on the battlefield and longer-term supplies of air defense, artillery, and other critical weapons systems."
Nearly three years into the war, Washington has committed billions of dollars in aid for Ukraine, but it is uncertain if the aid will continue at that pace under Trump, who succeeds Biden on Jan. 20.
Trump has said he wants to bring the war to a swift end.
During the presidential campaign, Trump questioned the level of U.S. involvement in the conflict, suggesting European allies should bear more of the financial burden.
Some of his fellow Republicans - who will control both the House of Representatives and Senate starting next month - have also cooled on sending more aid to Kyiv.
A U.S. official said the $3.4 billion in budget funding brings the total in U.S. budget aid to Ukraine to just over $30 billion since Russia's invasion in February 2022. Most of those funds are used to keep Ukraine's government running by paying salaries to teachers and other state employees.
Washington has separately provided approximately $61.4 billion in security assistance to Kyiv since the start of the war, according to the Pentagon.
Biden said the Defense Department is in the process of delivering hundreds of thousands of artillery rounds, thousands of rockets, and hundreds of armored vehicles "which will strengthen Ukraine’s hand as it heads into the winter."
Yellen said continued economic aid for Ukraine was crucial to allow it to maintain government services and continue to defend its sovereignty, warning against moves to cut funding.
"Ukraine’s success is in America’s core national interest," she said, vowing to continue to pressure Moscow with sanctions and to help position Ukraine to achieve a just peace.
"We must not retreat in this effort."
The death toll from Hong Kong’s deadliest fire in decades has risen to 161, after forensic analysis confirmed one more victim among the charred remains at Wang Fuk Court in Tai Po, more than three weeks after the blaze began, authorities said on Saturday.
Israeli Prime Minister Benjamin Netanyahu is set to meet President Donald Trump on 29 December in Florida, where he is expected to present a package of military options regarding Iran, Israel’s public broadcaster KAN reported on Saturday.
The United States seized a second merchant vessel carrying oil off the coast of Venezuela in international waters on Saturday, as part of Washington’s sanctions enforcement campaign, according to the Department of Homeland Security.
US intelligence assessments indicate that Russian President Vladimir Putin continues to seek full control of Ukraine and to expand Russia’s influence in parts of Europe formerly under Soviet rule, contradicting repeated claims that Moscow poses no threat to the continent.
A major power outage swept across San Francisco on Saturday, leaving up to 130,000 customers without electricity, disrupting traffic and forcing some businesses to close temporarily, officials said.
Ukrainian negotiators are scheduled to hold another round of talks with U.S. officials on Sunday to discuss efforts to end the ongoing war with Russia. Top Ukrainian negotiator Rustem Umerov expressed hope for progress, highlighting that discussions have been both "constructive and substantive."
The Oligarch’s Design is a methodical and tightly constructed investigative film that shifts attention away from front-line events to the less visible systems of power shaping conflict from behind the scenes.
A major power outage swept across San Francisco on Saturday, leaving up to 130,000 customers without electricity, disrupting traffic and forcing some businesses to close temporarily, officials said.
U.S. Director of National Intelligence Tulsi Gabbard said on Sunday that the U.S. intelligence community does not believe Russia has the capability to conquer Europe, or even to conquer and occupy Ukraine.
Swedish customs officials have boarded a Russian freighter anchored in Swedish waters after confirming that the vessel and its owners are subject to European Union and U.S. sanctions.
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