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Funds

Zelenskiy met by Republican doubts in 11th hour push for US aid to fight Russia

WASHINGTON, Dec 12 (Reuters) - Ukrainian President Volodymyr Zelenskiy faced a skeptical reception from key Republicans during a trip to Washington on Tuesday to seek more military support against Russia, but he won a pledge at the White House that the U.S. has his back.Republicans have been reluctant to sign off on a funding request from Democratic President Joe Biden under which Ukraine would receive $61.4 billion.House of Representatives Speaker Mike Johnson, a Republican, said after meeting with Zelenskiy that Biden's administration must provide more detail about how the money...
Funds

Zelenskiy cancels plan to address US lawmakers, fate of aid in balance

U.S. House Speaker Mike Johnson (R-LA) speaks during a press conference on Capitol Hill in Washington, U.S., November 14, 2023. REUTERS/Elizabeth Frantz/File Photo Acquire Licensing RightsWASHINGTON, Dec 5 (Reuters) - Ukrainian President Volodymyr Zelenskiy canceled plans to appeal directly to U.S. lawmakers for new aid on Tuesday, as a partisan battle over immigration policy threatened to derail President Joe Biden's request for billions of dollars for Kyiv's fight against Russia.Republicans and Biden's fellow Democrats in the Senate and House of Representatives have been debating for weeks over Biden's October request...
Finance

EU members’ defence spending should buy more time for debt cuts -von der Leyen

European Commission President Ursula von der Leyen attends a solemn moment to remember the people killed in Israel, during the ongoing conflict with Hamas, at the European Parliament, in Brussels, Belgium, October 11, 2023. REUTERS/Johanna Geron/File Photo Acquire Licensing RightsBRUSSELS, Nov 30 (Reuters) - A country investing in cross-border EU defence projects should be given more time to cut its public debt under EU fiscal rules, the head of the European Commission said on Thursday.The fiscal rules are under revision and such a change would go beyond what has so...
Money

EU’s 20 billion euro plan for Ukraine military aid hits resistance

A view shows residential buildings heavily damaged by permanent Russian military strikes in the front line town of Avdiivka, amid Russia's attack on Ukraine, in Donetsk region, Ukraine November 8, 2023. Radio Free Europe/Radio Liberty/Serhii Nuzhnenko via REUTERS/File Photo Acquire Licensing RightsBRUSSELS, Nov 10 (Reuters) - A European Union plan to spend up to 20 billion euros ($21.4 billion) on military aid for Ukraine is meeting resistance from EU countries and may not survive in its current form, diplomats say.Josep Borrell, the EU's foreign policy chief, proposed in July that...
Funds

US Senate Democrats block Republican bid to aid Israel, not Ukraine

The U.S. Capitol Building is seen in Washington, U.S., August 15, 2023. REUTERS/Kevin Wurm/File Photo Acquire Licensing RightsWASHINGTON, Nov 7 (Reuters) - U.S. Senate Democrats on Tuesday blocked a Republican effort to win quick approval for a bill providing emergency aid to Israel that passed the House of Representatives last week, but that provides no assistance for Ukraine's war against Russia.Republican Senator Roger Marshall said: "Time is of the essence and it's imperative that the Senate not delay delivering this crucial aid to Israel another day," he said.Democrats objected, stressing...
Funds

US House passes Republicans’ Israel-only aid bill, faces dead end in Senate

WASHINGTON, Nov 2 (Reuters) - The U.S. House of Representatives on Thursday passed a Republican plan to provide $14.3 billion in aid to Israel and cut funding of the Internal Revenue Service, despite Democrats' insistence it has no future in the Senate and the White House's promise of a veto.The measure passed 226 to 196, largely along party lines, a shift from typical strongly bipartisan congressional support for providing aid to Israel. Twelve Democrats voted with 214 Republicans for the bill, and two Republicans joined 194 Democrats in objecting.The bill's...
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