U.S. to send Ukraine $5.5 billion in new fiscal, military aid

U.S. to send Ukraine $5.5 billion in new fiscal, military aid

The $4.5 billion budgetary grant will fund urgent government needs including payments for pensions, social welfare and healthcare costs, bringing total U.S. fiscal aid for Ukraine to $8.5 billion since Russia’s February invasion, the U.S. Agency for International Development said.

The $1 billion arms package announced by the Pentagon is the largest single military package under President Joe Biden’s drawdown authority, including long-range rocket munitions and armored medical transport vehicles.

The fiscal and military aid packages – both first reported by Reuters on Monday – are drawn from a $40 billion aid package for Ukraine approved by Congress in May.

Overall, the United States has contributed more than $18 billion to Ukraine this year.

So-called Fiscal Conservatives on my FB timeline.

ROK and the US – Words and Facts

After the text about the President of the ROK at the NATO summit was published, part of the audience questioned whether the ROK, despite its loyalist statements, was in fact in no particular hurry to do Washington’s bidding. This question is best answered by a combination of words and facts.

In another important development, on July 20 Minister of Science and ICT Lee Jong-ho openly stated that South Korea should be cautious when deciding whether to join the US Chip 4 or Fab 4 technology alliance initiative, as the potential implications could affect not only the country’s semiconductor industry, but also the economy as a whole. The framework, which in addition to the US and the ROK also includes Taiwan and Japan, is designed to counter China’s growing influence in global supply chains for advanced high-tech products, as well as to increase American production capacity and capabilities in this area.

ROK and the US – Words and Facts

H/T: THE NEW DARK AGE

Previously:

South Korea’s new president playing dangerous game with Pyongyang

Ukraine officially admits illegal sale of West donated weapons + More

KYIV ($1=29.50 Ukrainian Hryvnias) — The Economic Security Bureau of Ukraine registered repeated sales of humanitarian aid coming from Western countries, as well as arms. This was announced by the director of the department, Vadim Melnik, on the air of the TV channel “Ukraine 24” on July 5, according to Life online portal.

Ukraine officially admits illegal sale of West donated weapons

Related:

Location Kyiv: Javelin ATGM is sold for $30K on the darknet

Ukraine has sold two French-donated 155mm Caesar howitzers to Russia