Market news
21.04.2022, 14:10

US President Biden: US sending weapons “directly to the front lines of freedom” in Ukraine

US President Joe Biden, in a speech about the latest $800M US military aid package for Ukraine, said that the US is sending weapons "directly to the front lines of freedom", reported Reuters on Thursday. "We are in a critical window as Russia sets the stage for the next phase of war," Biden said, noting that the latest aid package includes heavy artillery, drones, dozens of howitzers and ammunition. 

Moreover, the US is sharing timely intelligence with Ukraine, Biden stated, calling the battle of Kyiv a "historic victory" for the Ukrainians, though noting that now is the time to accelerate assistance. The new package will ensure a steady flow of weapons into Ukraine over the next few weeks, Biden said, though he warned that he had almost exhausted the "draw down" authority Congress had given to him, noting he will be asking Congress for more. 

In order to sustain Ukraine for the duration of the fight, Biden said he would be asking Congress for more money next week. Biden also said that the US would be providing $500M in direct aid to the Ukrainian government and that the US will ban all Russia-affiliated ships from US ports. 

 

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location