Treasury official says budget assistance designed to help Ukraine anti-corruption efforts
6 months, 2 weeks ago

Treasury official says budget assistance designed to help Ukraine anti-corruption efforts

Associated Press  

WASHINGTON — Just back from a visit to Ukraine, a U.S. Treasury official on Tuesday described a country whose wartime economy has proven resilient in the face of Russia’s invasion and said U.S. and allies’ budget assistance is designed to help the nation combat corruption and increase transparency. Brent Neiman, deputy undersecretary for international finance, said in a speech that Ukraine, which receives hundreds of billions in financial support from the U.S. and allied nations, needs to undertake reforms to “reduce the likelihood for conflicts of interest and corruption.” Neiman, speaking to the Atlantic Council think tank, described positive macroeconomic signs including new business registrations, a shift in trade routes to the Danube river and train passenger levels that are back to pre-war levels. Neiman laid out recommended anti-corruption steps that Ukraine has taken, including having public office holders report their asset holdings, insulating Ukraine’s Special Anti-Corruption Prosecutor’s Office from political pressure and improving corporate governance at state-owned companies. “Nonetheless, this is an important opportunity to help Ukraine do both.” “To this end, budget assistance from the United States, Europe, and the International Financial Institutions is designed to help support Ukraine in undertaking a number of priority reforms.” The European Union and NATO have demanded widespread anti-graft measures before Kyiv can realize its ambition of joining the blocs.

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History of this topic

UK announces new funding for Ukraine amid ‘critical’ situation
5 days, 5 hours ago

UK announces new funding for Ukraine amid ‘critical’ situation

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK has pledged a new £225 million package of …

US disburses $20 billion Ukraine loan backed by profits from Russian assets
1 week, 6 days ago

US disburses $20 billion Ukraine loan backed by profits from Russian assets

Deccan Chronicle  

Washington: The United States announced Tuesday that it has disbursed a $20 billion loan for Ukraine backed by proceeds earned on frozen Russian assets, as part of a $50 billion G7 support package. "These funds -- paid for by the windfall proceeds earned from Russia's own immobilized assets -- will provide Ukraine a critical infusion of support as it defends …

US transfers $20 billion to Ukraine funded by seized Russian assets
1 week, 6 days ago

US transfers $20 billion to Ukraine funded by seized Russian assets

India Today  

The United States announced Tuesday that it has disbursed a $20 billion loan for Ukraine backed by proceeds earned on frozen Russian assets, as part of a $50 billion G7 support package. "These funds -- paid for by the windfall proceeds earned from Russia's own immobilized assets -- will provide Ukraine a critical infusion of support as it defends its …

Russia-Ukraine war: EU pledges $19 bn for outgunned and outspent Kyiv
3 weeks, 4 days ago

Russia-Ukraine war: EU pledges $19 bn for outgunned and outspent Kyiv

Firstpost  

The aid comes at a critical time for Ukraine as questions grow about the future of US assistance when Donald Trump returns to power The European Union on Thursday confirmed it will provide Ukraine with €18.1 billion as part of a larger $50 billion Group of Seven loan aimed at supporting Kyiv amid its fight against Russia’s invasion. Uncertainty over …

As the world waits for Trump, time runs out for Biden to help Ukraine
1 month, 2 weeks ago

As the world waits for Trump, time runs out for Biden to help Ukraine

Politico  

“We have been sending whatever industry can produce each month, but the problem is you can only send these things as they are produced,” said Mark Cancian, a former DOD budget official now at the Center for Strategic and International Studies. “The administration could dip into the stockpiles and send equipment more quickly, but it’s unclear the Pentagon would want …

US will send $1.7 billion in military aid to Ukraine
4 months, 3 weeks ago

US will send $1.7 billion in military aid to Ukraine

Associated Press  

WASHINGTON — The U.S. will send $1.7 billion in military aid to Ukraine, officials announced on Monday, including an array of munitions for air defense systems, artillery, mortars and anti-tank and anti-ship missiles. The package includes $1.5 billion in funding for long-term contracts through the Ukraine Security Assistance Initiative, and $200 million in immediate military aid taken from Pentagon stockpiles. …

Ukraine’s leader urges EU leaders to make good on their arms promises as a security pact is signed
5 months, 3 weeks ago

Ukraine’s leader urges EU leaders to make good on their arms promises as a security pact is signed

Associated Press  

BRUSSELS — Ukraine’s president called on European Union leaders on Thursday to live up to their promises to provide military equipment to his war-ravaged country, as the bloc pledged to support the government in Kyiv long term. Zelenskyy thanked countries that have promised equipment, weapons and ammunition, but underlined that “we need them urgently on the battlefield.” He also appealed …

Ukraine gets more military aid from Europe but Putin warns of consequences if Russian soil is hit
6 months, 3 weeks ago

Ukraine gets more military aid from Europe but Putin warns of consequences if Russian soil is hit

Associated Press  

LISBON, Portugal — Ukrainian President Volodymyr Zelenskyy received a second $1 billion promise of military aid in as many days Tuesday during a whirlwind tour of three European Union countries, while President Vladimir Putin warned that hitting Russian soil with Western-supplied weapons could set the war on a dangerous new path. He later traveled to Portugal, where he said it …

With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets
7 months ago

With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets

Associated Press  

FRANKFURT, Germany — Ukraine’s allies are wrestling with how to squeeze money out of frozen Russian assets to support Kyiv’s war effort, a debate getting more urgent as Russia gains territory on the battlefield and as the outlook for Ukraine’s state finances looks shakier. “Securing Ukraine’s position in the medium-to-long term requires unlocking the value of immobilized Russian sovereign assets,” …

‘New ground is being broken’: EU seizes Russian profits for Ukraine
7 months ago

‘New ground is being broken’: EU seizes Russian profits for Ukraine

Al Jazeera  

Ukraine wants to use $300bn in Russian central bank money held abroad to defeat it; Europe isn’t enthusiastic. Ukraine wants to use the estimated 210 billion euros of Russian central bank money held in European institutions to defeat Russia on the battlefield. “In this sense, new ground is being broken.” The EU decision is to tap the interest twice a …

Joe Biden pledges swift weapons delivery to Ukraine
7 months, 4 weeks ago

Joe Biden pledges swift weapons delivery to Ukraine

The Hindu  

U.S. President Joe Biden vowed to send fresh weapons to Ukraine within days as he prepared to sign on April 24 an aid package including $61 billion meant to help Kyiv's forces push back against Russia. "I will sign this bill into law and address the American people as soon as it reaches my desk tomorrow so we can begin …

German leader says Europe must keep increasing aid to Ukraine after US approves new military help
7 months, 4 weeks ago

German leader says Europe must keep increasing aid to Ukraine after US approves new military help

Associated Press  

BERLIN — German Chancellor Olaf Scholz said Wednesday that Europe must continue to step up its help for Ukraine even after the approval of a big U.S. aid package, but made clear that he’s sticking to his refusal to send Taurus long-range cruise missiles to Kyiv. The two countries are Europe’s biggest suppliers of military assistance to Ukraine as it …

More US aid will help Ukraine avoid defeat in its war with Russia. Winning is another matter
7 months, 4 weeks ago

More US aid will help Ukraine avoid defeat in its war with Russia. Winning is another matter

Associated Press  

KYIV, Ukraine — A big, new package of U.S. military aid will help Ukraine avoid defeat in its war with Russia. “Ultimately it offers Ukraine the prospect of staying in the war this year,” said Michael Clarke, visiting professor in war studies at King’s College London. The difference could be felt within days on the front line in eastern and …

Ukraine's prime minister says, if passed, $60B U.S. aid package will be critical
8 months ago

Ukraine's prime minister says, if passed, $60B U.S. aid package will be critical

NPR  

Ukraine's prime minister says, if passed, $60B U.S. aid package will be critical Enlarge this image toggle caption Mhari Shaw for NPR Mhari Shaw for NPR As Congress considers whether to send more aid to Ukraine, that country's prime minister, Denys Shmyhal, is visiting the U.S., and making the case for why further funding matters. In an in-person interview with …

Eggs, ammo and underwear: Inside Ukraine’s new push against military graft
8 months, 2 weeks ago

Eggs, ammo and underwear: Inside Ukraine’s new push against military graft

Live Mint  

KYIV, Ukraine—Masked Ukrainian security officers have raided properties, seized wads of cash and detained suspects in a recent crackdown on graft in the purchase of goods for the military ranging from eggs to artillery shells. “We need to change the system," said Bezrukova, who became head of Ukraine’s Defense Procurement Agency earlier this year. Despite the challenges, Zhumadilov, who previously …

Ukrainian ministers ‘optimistic’ about securing US aid, call for repossession of Russian assets
9 months, 1 week ago

Ukrainian ministers ‘optimistic’ about securing US aid, call for repossession of Russian assets

Associated Press  

WASHINGTON — A pair of Ukrainian justice ministers in Washington this week urged U.S. lawmakers to put aside domestic political disputes and find a way to continue supporting Ukraine in its defense against Russia. “We really hope the U.S. is going to be a champion in terms of confiscation of Russia’s sovereign assets and leading other countries,” Maliuska said, adding …

Ukraine marks two years since Russia's full-scale invasion as troops face challenges on front line
9 months, 4 weeks ago

Ukraine marks two years since Russia's full-scale invasion as troops face challenges on front line

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Ukraine is marking Saturday two …

Ukraine’s Zelenskyy says foreign aid delays are making life ‘very difficult’ on the front line
10 months ago

Ukraine’s Zelenskyy says foreign aid delays are making life ‘very difficult’ on the front line

Associated Press  

KYIV, Ukraine — Delays in weapons deliveries from Western allies to Ukraine are opening a door for Russian battlefield advances, Ukrainian President Volodymyr Zelenskyy says, making the fight “very difficult” along parts of the front line where the Kremlin’s forces captured a strategic city last weekend ahead of the war’s second anniversary. Even so, more help is heading Ukraine’s way, …

Ukraine's Zelenskyy says foreign aid delays are making life 'very difficult' on the front line
10 months ago

Ukraine's Zelenskyy says foreign aid delays are making life 'very difficult' on the front line

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Joe Biden blames Congress for Ukraine's Avdiivka fall, urges lawmakers to approve funding bill
10 months ago

Joe Biden blames Congress for Ukraine's Avdiivka fall, urges lawmakers to approve funding bill

Hindustan Times  

Following Russia's takeover of Avdiivka in eastern Ukraine, US President Joe Biden admitted that that he was not confident if funding would be available before the war-torn nation lost additional territory. President Joe Biden On Saturday, Biden comforted Ukrainian President Volodymyr Zelenskyy over a phone call after Russia took over Avdiivka amid the ongoing war. We also agree that the …

U.S. aid to Ukraine hinges on House Speaker Johnson. His leadership is being tested by far right
10 months, 1 week ago

U.S. aid to Ukraine hinges on House Speaker Johnson. His leadership is being tested by far right

LA Times  

When Ukrainian President Volodymyr Zelensky spoke with congressional leaders in Washington late last year he told them privately what is now public: With U.S. weapons, they could win the war against Russia, but without them Russian President Vladimir Putin would be victorious. Biden also reaffirmed the “strong bipartisan support” in the U.S. government and among Americans for Ukraine’s sovereignty and …

European Union overcomes threat of Hungary veto to seal $54 billion aid package for Ukraine
10 months, 3 weeks ago

European Union overcomes threat of Hungary veto to seal $54 billion aid package for Ukraine

Associated Press  

BRUSSELS — Leaders of the 27 European Union countries sealed a deal Thursday to provide Ukraine with 50 billion euros in support for its war-ravaged economy after Hungary dropped weeks of threats to veto the measure. European Council President Charles Michel said the agreement “locks in steadfast, long-term, predictable funding for Ukraine” and shows the EU’s determination “to support their …

In a sign of commitment, EU unlocks aid for Ukraine as it fights off Russia
10 months, 3 weeks ago

In a sign of commitment, EU unlocks aid for Ukraine as it fights off Russia

Al Jazeera  

The deal will help Ukraine cover its massive wartime deficit, but experts question what concessions were made to assure its passage. “The EU showed commitment to the continuous support of Ukraine under difficult geopolitical and internal circumstances … and despite alleged public impatience with this support,” European Institute lecturer George Tzogopoulos told Al Jazeera. EU leaders officially invited Ukraine to …

Ukraine uncovers $40 million defence embezzlement scheme
10 months, 3 weeks ago

Ukraine uncovers $40 million defence embezzlement scheme

The Hindu  

Ukrainian defence officials and corporate leaders sought to steal about $40 million through a fraudulent arms procurement scheme, the country's main intelligence and security agency said on Saturday. The corruption allegations were confirmed by Ukraine's Defence Ministry, which has served implicated officials with notices of suspicion. Ukraine's SBU security service said that current and former senior officials of the Defence …

Pentagon has no more money for Ukraine as it hosts a meeting of 50 allies on support for Kyiv
11 months ago

Pentagon has no more money for Ukraine as it hosts a meeting of 50 allies on support for Kyiv

Associated Press  

WASHINGTON — The United States is out of money for Ukraine, unable to send the ammunition and missiles that the government in Kyiv needs to fend off Russia’s invasion. After the meeting, Celeste Wallander, assistant defense secretary for international affairs, told reporters that Ukraine’s ministry of defense is getting reports from its front lines that “units are not do not …

Ukraine’s $30 billion problem: How to keep fighting without foreign aid
11 months ago

Ukraine’s $30 billion problem: How to keep fighting without foreign aid

Live Mint  

Ukraine will run out of money within months and be forced to take painful economic measures to keep the government running if aid from the U.S. or Europe doesn’t come through, according to economists and Ukrainian officials. Without economic stability, “fighting a country that is bigger than Ukraine and has much more manpower will be very tough," said Olena Bilan, …

Ukraine needs money from the US and Europe to keep its economy running. Will the aid come?
11 months, 1 week ago

Ukraine needs money from the US and Europe to keep its economy running. Will the aid come?

Associated Press  

KYIV, Ukraine — Ukraine’s hard-won economic stability is under threat again as the government faces a large budget hole and its two biggest allies and sponsors — the United States and the European Union — have so far failed to decide on extending more aid. “We’re determined to sustain our support” for Ukraine, Blinken said, “we’re working very closely with …

Ukraine needs money from the US and Europe to keep its economy running. Will the aid come?
11 months, 1 week ago

Ukraine needs money from the US and Europe to keep its economy running. Will the aid come?

New Indian Express  

WHY DOES UKRAINE NEED FINANCIAL HELP? At the beginning of the war, Ukraine resorted to having the central bank print new money, a dangerous stopgap because it can fuel inflation and destroy the value of the country's hryvnia currency. To avoid that again, Ukraine needs “a decision by the start of February, and the money by the beginning of March,” …

It is time to use Russia’s frozen assets to help Ukraine
11 months, 1 week ago

It is time to use Russia’s frozen assets to help Ukraine

Al Jazeera  

An estimated $350bn in Russian government assets have been frozen in Western accounts since Russian President Vladimir Putin ordered a full-scale invasion of Ukraine on February 24, 2022. British Foreign Secretary David Cameron publicly opened the doors to the idea last December by stating: “Instead of just freezing that money, let’s take that money, spend it on rebuilding Ukraine.” Meanwhile, …

U.S. failed to track more than $1 billion in military aid given to Ukraine, watchdog says
11 months, 1 week ago

U.S. failed to track more than $1 billion in military aid given to Ukraine, watchdog says

LA Times  

Shortfalls in required monitoring by American officials mean that the U.S. cannot track more than $1 billion in weapons and military equipment provided to Ukraine to fight Russia, according to a Pentagon audit released Thursday. The findings mean that 59% of $1.7 billion in defense gear that the U.S. has given Ukraine and was directed to guard against misuse or …

US announces new weapons package for Ukraine, as funds dwindle and Congress is stalled on aid bill
11 months, 3 weeks ago

US announces new weapons package for Ukraine, as funds dwindle and Congress is stalled on aid bill

Associated Press  

WASHINGTON — The U.S. on Wednesday announced what officials say could be the final package of military aid to Ukraine unless Congress approves supplemental funding legislation that is stalled on Capitol Hill. As a result, Garn said Wednesday, “Without the supplemental funding, there will be a shortfall in replenishing U.S. military stocks, affecting American military readiness.” President Joe Biden is …

Column: Congress has left Ukraine in the cold. The consequences will be dire if aid isn’t renewed soon
1 year ago

Column: Congress has left Ukraine in the cold. The consequences will be dire if aid isn’t renewed soon

LA Times  

Ukrainian President Volodymyr Zelensky with Senate Minority Leader Mitch McConnell and Senate Majority Leader Charles E. Schumer during a visit to Capitol Hill on Dec. 12. Now it’s “as long as we can.” “If Congress passes new funding by the end of January, it won’t be a major blow to our credibility,” said Alexander Vershbow, a former U.S. ambassador to …

U.S. keeps funds for Ukraine flowing despite congressional constraints
1 year ago

U.S. keeps funds for Ukraine flowing despite congressional constraints

The Hindu  

The White House has been increasingly pressuring Congress to pass stalled legislation to support Ukraine’s war against Russia, saying that funding has run out. The time to help a democratic Ukraine fight against Russian aggression is right now.” Since then, the U.S. has announced three more aid packages totaling $475 million. The U.S. has already sent Ukraine $111 billion in …

Ukraine gets EU membership boost, but no new European aid, after setback in U.S.
1 year ago

Ukraine gets EU membership boost, but no new European aid, after setback in U.S.

LA Times  

European Council President Charles Michel, front right, speaks with Ukrainian President Volodymyr Zelensky, front second right, and Hungary’s Prime Minister Viktor Orban, second row center, as they pose for a group photo at an EU summit in Brussels on Thursday. Still, Michel, who was chairing the Brussels summit, called the start of accession talks “a clear signal of hope for …

US announces new weapons aid for Ukraine as Congress is stalled on more funding
1 year ago

US announces new weapons aid for Ukraine as Congress is stalled on more funding

Associated Press  

WASHINGTON — The U.S. is sending a $175 million package of military aid to Ukraine, including guided missiles for the High Mobility Artillery Rocket Systems, anti-armor systems and high-speed anti-radiation missiles, the Pentagon and State Department announced on Wednesday. The latest aid comes as Congress remains stalled on legislation that would provide new funding for Ukraine as it battles to …

The West has sanctioned Russia’s rich. But is that really punishing Putin and helping Ukraine?
1 year ago

The West has sanctioned Russia’s rich. But is that really punishing Putin and helping Ukraine?

Associated Press  

VERONA, Italy — Sitting on a terrace in Verona as the bells toll at a nearby medieval church, Igor Makarov sips coffee as he describes his life as a billionaire under Western sanctions. While sanctions have made life difficult for the tycoons, “it’s not in the short term benefiting Ukraine,” said Nigel Gould-Davies, a former British ambassador to Belarus and …

Ukraine aid to run out by year's end, White House warns
1 year ago

Ukraine aid to run out by year's end, White House warns

The Hindu  

The White House budget chief warned the U.S. Congress on December 4 that failure to agree on fresh funds for Ukraine by the end of the year would "kneecap" Kyiv on the battlefield. In a letter to the House Speaker, the director of the Office of Management and Budget Shalanda Young said time was rapidly running out to support Ukraine's …

US and EU struggle to agree on funding for Ukraine
1 year ago

US and EU struggle to agree on funding for Ukraine

Al Jazeera  

Concern is growing over Ukraine’s ability to continue its defence against Russia should delays of Western funds persist. “I want to be clear: without congressional action, by the end of the year we will run out of resources to procure more weapons and equipment for Ukraine,” the director of the US Office of Management and Budget, Shalanda Young, wrote in …

Western help for Ukraine is likely to diminish next year
1 year, 1 month ago

Western help for Ukraine is likely to diminish next year

Live Mint  

The end keeps receding. “We must prepare ourselves for a long war in Ukraine,” warned Jens Stoltenberg, NATO’s secretary-general, on September 17th. “It’ll take a considerable length of time to militarily eject all 200,000 or plus Russian troops out of Russian-occupied Ukraine,” agreed Mark Milley, America’s top general, the same day. On August 10th the White House asked Congress to …

Editorial: ‘Ukraine fatigue’ is no excuse to slow military assistance
1 year, 2 months ago

Editorial: ‘Ukraine fatigue’ is no excuse to slow military assistance

LA Times  

Ludmila Ivanchuk, 61, holds her cat Vasia in front of her house in the Donetsk region of Ukraine, which was damaged by a Russian rocket attack on Sept. 27. Opinion Editorial: Biden is right to stay firm on U.S. support for Ukraine Biden is right to assure Ukraine that the U.S. will stand with it for “as long as it …

Aid to Ukraine: Where the money in their war against Russia is coming from
1 year, 2 months ago

Aid to Ukraine: Where the money in their war against Russia is coming from

CNN  

CNN — Russia’s invasion has pitted Ukraine against a country with a massive military and one of the world’s biggest economies. Nearly $120 billion in military aid to Ukraine Individual countries around the world have committed nearly $118 billion in direct military assistance to Ukraine, in addition to financial and humanitarian help. The US Congress has approved around $46.3 billion …

Is US funding for Ukraine under threat?
1 year, 2 months ago

Is US funding for Ukraine under threat?

Al Jazeera  

US President Joe Biden faces hardening scepticism from Republicans over aid to Kyiv. In the midst of the head-spinning drama, Biden had told Congress on October 1 that the “vast majority” of both parties in the Senate and Congress backed Ukraine in their fight against Russia’s “brutal aggression”. The battle was thrown into sharp focus on Monday, October 2, when …

War fatigue, domestic politics, diplomatic gaffes: US, Europe tiring of supporting Ukraine against Russia?
1 year, 2 months ago

War fatigue, domestic politics, diplomatic gaffes: US, Europe tiring of supporting Ukraine against Russia?

Firstpost  

Surveys among Americans and major countries of western Europe have thrown up findings that indicate people no more support measures to help Ukraine, especially military and monetary aid to help Ukraine fight Russia with the same enthusiasm Recent events in the US and Europe, both West and the East, added to surveys conducted among the populace of these regions don’t …

Justice Department helping Ukraine in war crimes investigations, Attorney General Garland says
1 year, 4 months ago

Justice Department helping Ukraine in war crimes investigations, Attorney General Garland says

Associated Press  

DENVER — The U.S. Justice Department is cooperating with the International Criminal Court and supporting Ukrainian prosecutors carrying out war crime investigation s, Attorney General Merrick Garland said Monday as he reaffirmed his department’s aid more than a year after the Russian invasion. Congress recently allowed for new U.S. flexibility in assisting the court with investigations into foreign nationals related …

Western countries commit billions to rebuild war-ravaged Ukraine
1 year, 6 months ago

Western countries commit billions to rebuild war-ravaged Ukraine

Al Jazeera  

Homes, hospitals and key infrastructure lie in ruins nearly 16 months since Russia began its full scale invasion of Ukraine. Foreign donors have pledged 60 billion euros for Ukraine over a multi-year period to help the country rebuild following Russia’s February 2022 invasion. Nevertheless, today at this conference, we can announce a combined 60 billion euros in support to Ukraine,” …

Ukraine’s economy shows ‘resilience’ from Russian attacks, IMF says as it backs aid
1 year, 6 months ago

Ukraine’s economy shows ‘resilience’ from Russian attacks, IMF says as it backs aid

Associated Press  

FRANKFURT, Germany — Ukraine’s economy is showing “remarkable resilience” following Russian attacks on its electricity infrastructure, officials from the International Monetary Fund said Tuesday as they signed off on an initial loan of $900 million and raised their estimate for the country’s economic growth. But he warned that the economic outlook faces “exceptionally high risks.” “Through the winter, Ukraine faced …

$3 billion accounting error means Pentagon can send more weapons to Ukraine
1 year, 7 months ago

$3 billion accounting error means Pentagon can send more weapons to Ukraine

Associated Press  

WASHINGTON — The Pentagon has overestimated the value of the weapons it has sent to Ukraine by at least $3 billion — an accounting error that could be a boon for the war effort because it will allow the Defense Department to send more weapons now without asking Congress for more money. It also could free up more money for …

$3-billion accounting error means the Pentagon can send more weapons to Ukraine
1 year, 7 months ago

$3-billion accounting error means the Pentagon can send more weapons to Ukraine

LA Times  

Ukrainian soldiers fire a cannon near Bakhmut, where fierce battles against Russian forces have gone on for months. The Pentagon has overestimated the value of the weapons it has sent to Ukraine by at least $3 billion — an accounting error that could be a boon for the war effort because it will allow the Defense Department to send more …

Hungary blocks military aid to Ukraine over listing of Hungarian bank
1 year, 7 months ago

Hungary blocks military aid to Ukraine over listing of Hungarian bank

Associated Press  

BUDAPEST, Hungary — Hungary will continue to block the disbursement of a new tranche of European Union military support to Ukraine until Kyiv removes a Hungarian bank from a list of international sponsors of Russia’s war, Hungary’s foreign minister said Wednesday. Peter Szijjarto, speaking in Vienna after a meeting with his Austrian counterpart, called Ukraine’s recent listing of OTP Bank …

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