MNI BRIEF: Inflation Risks Now Shifted To Downside-BOE Ramsden

MNI: Goolsbee Says Stalled Inflation Means Wait Before Moving

MNI China Daily Summary: Friday, April 19

MNI BRIEF: China Hog Market More Balanced In Q2 - Ministry

MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: BAKER HUGHES US RIG COUNT 619; OIL RIGS 511; GAS RIGS 106

EZ/UK Bond Supply Calendar: EU, UK Synd W/C 22 Apr, BoE APF Mon

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Biden: 'We're Out Of Money' For Ukraine

WHITE HOUSE

US President Joe Biden is currently delivering remarks on new measures to support Ukraine. Livestream here: https://www.youtube.com/watch?v=qfVc4G506UI

  • Biden: 'I just signed a request to Congress' 'We need this bill to support Ukraine.'
  • Biden: 'The cost of this fight is not cheap.' 'Ukraine needs arms, funding, ammunition. It is critical this funding gets approved as quickly as possible.'
  • Biden: 'I said I would impose powerful sanctions on Russia but we are not attacking Russia, we are helping Ukraine defend itself.'
  • From NYT: 'President Biden asked Congress for USD$33 billion more for Ukraine. He also wants to use seized assets from Russian oligarchs to provide more help.'
  • The request is considerably higher than the USD$13 billion approved by Congress last month and demonstrates that the Biden administration expect a long and drawn out war.
  • Biden says that the US has exhausted the funds available through presidential drawdown authority.
USHomepagePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets
USHomepagePolitical Market NewsPolitical RiskPolitical Risk BulletBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.