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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.
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Free AccessUS StateDept: Ukraine Will Have "Severe Problem" w/Out Additional Funds
Wires carrying comments from an unnamed US State Department official, stating that State is, "working through requests but Ukraine will have a severe problem without the money." According to the official, "there are strong majorities in congress for funding for Ukraine through supplemental."
- With the threat of a US government shutdown now averted until mid-January, Congress can address President Biden’s USD$106 billion national security supplemental funding request. But the package is tied to complex negotiations over border policy in the Senate and has an unclear future in the House.
- The Washington Post reported today that the group of Senators negotiating the border security deal may be inching closer to a breakthrough but, “the calculus is simple: border security is extremely popular among Republican voters, while Ukraine aid is not.”
- House Speaker Mike Johnson (R-LA), has given no indication that Ukraine supplemental funding will be brought to the floor for a vote, and with Republican opposition to additional Ukraine aid increasing, it is unlikely Johnson has sufficient political capital to convince conservatives to back Ukraine legislation, especially considering the acrimonious conservative response to Johnson's bill to prevent a government shutdown.
To read the full story
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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.