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Why MNI
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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 To Provide Smaller Ukraine Packages Due To Dwindling Funds
Reuters reporting that, according to a White House official, the US is, "beginning to provide Ukraine with smaller assistance packages to stretch ability to support Ukraine for as long as possible."
- The future of US Ukraine aid is uncertain. Recently elected House Speaker Mike Johnson (R-LA) has indicated he is open to additional support for Ukraine but his authority is largely derived from a deeply Ukraine-sceptical conservative flank of the Republican party.
- If Ukraine aid comes before the House, it will likely be conditioned on policy changes on the US-Mexico border, rather than a simple vote on President Biden's USD$106b supplemental funding request.
- The US announced today, "up to $125 million of arms and equipment authorized under previously directed drawdowns for Ukraine."
- Reuters reported earlier this week: “Congress has already approved $113 billion for Ukraine since Russia invaded in February 2022. The White House has said it has less than $5.5 billion in funds to continue transferring weapons from U.S. stockpiles to Ukrainian forces fighting Russia.”
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.