© 1982-2022 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
US TSY FUTURES

Post-CPI React

NATURAL GAS

European Gas Stocks Highest Increase Over Average

COPPER TECHS

(U2) Watching Resistance At The 50-Day EMA

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Topics

Biden Promises Zelensky Additional USD$1b In Security Assistance

SECURITY
EM BulletFixed IncomePolitical RiskPolitical Risk BulletBulletMarketsEmerging MarketsForeign ExchangePolitical Market News

US President Joe Biden has promised Ukrainian President Volodymyr Zelensky an additional UDS$1 billion in security assistance during a 40 minute call today. The call is the first between the two leaders in several weeks and comes amid repeated Ukrainian calls for additional weaponry as Russia gains territory in Eastern Ukraine.

  • The White House, per readout: “is providing another $1 billion in security assistance for Ukraine, including additional artillery and coastal defense weapons, as well as ammunition for the artillery and advanced rocket systems that the Ukrainians need to support their defensive operations in the Donbas.”
  • Biden also promised Zelensky “an additional $225 million in humanitarian assistance to help people inside Ukraine, including by supplying safe drinking water, critical medical supplies and health care, food, shelter, and cash for families to purchase essential items.”
  • Comes as US Defence Secretary Lloyd Austin convenes the Ukraine Contact Group to coordinate military aid to Ukraine for 45+ countries.
  • Austin and US Joint Chief of Staff Chair Mark Milley are shortly due to give a presser following the UCG meeting from NATO HQ in Brussels.
179 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

US President Joe Biden has promised Ukrainian President Volodymyr Zelensky an additional UDS$1 billion in security assistance during a 40 minute call today. The call is the first between the two leaders in several weeks and comes amid repeated Ukrainian calls for additional weaponry as Russia gains territory in Eastern Ukraine.

  • The White House, per readout: “is providing another $1 billion in security assistance for Ukraine, including additional artillery and coastal defense weapons, as well as ammunition for the artillery and advanced rocket systems that the Ukrainians need to support their defensive operations in the Donbas.”
  • Biden also promised Zelensky “an additional $225 million in humanitarian assistance to help people inside Ukraine, including by supplying safe drinking water, critical medical supplies and health care, food, shelter, and cash for families to purchase essential items.”
  • Comes as US Defence Secretary Lloyd Austin convenes the Ukraine Contact Group to coordinate military aid to Ukraine for 45+ countries.
  • Austin and US Joint Chief of Staff Chair Mark Milley are shortly due to give a presser following the UCG meeting from NATO HQ in Brussels.