Cyprus, Greece advocate EU arms industry for Ukraine aid in funding stalemate

Cyprus, Greece advocate EU arms industry for Ukraine aid in funding stalemate

Cyprus and Greece are pushing the European Union to prioritize its own defense industry in providing military aid to Ukraine. Despite an existing agreement allowing arms purchases from non-EU countries, the two countries argue that aid should benefit the European defense sector. Hungary is currently hindering the release of a €500 million package from the European Peace Facility intended for Ukraine’s military, citing concerns about discrimination against Hungarian companies in Ukraine as a reason for blocking the disbursement. Discussions are ongoing to bypass a potential Hungarian veto and expedite the flow of funds to Ukraine.

🔒 Why Biden is the best president that business could hope for

🔒 Why Biden is the best president that business could hope for

Fact: No Democratic president since at least Grover Cleveland in the late 19th century has been beloved by American business.

France to send extra military aid to Ukraine shortly, says Elysee

France to send extra military aid to Ukraine shortly, says Elysee

France will provide additional military aid to Ukraine in the coming days and weeks, as confirmed by the Elysee after a phone call between President Emmanuel Macron and Ukrainian President Volodymyr Zelenskiy. Macron expressed support for a truce during the Paris Olympics this summer, with Russia ceasing operations and diplomatic negotiations being pursued.

Long-awaited aid to Ukraine, Israel, Taiwan poised to pass US Congress

Long-awaited aid to Ukraine, Israel, Taiwan poised to pass US Congress

The U.S. Senate is set to approve billions of dollars in foreign aid for Ukraine, Israel, and Taiwan this week, following the House of Representatives’ approval of the assistance in a rare Saturday session. The package includes billion for Ukraine, billion for Israel, .12 billion to counter communist China in the Indo-Pacific, and potential measures such as a ban on TikTok. The aid is expected to pass the Senate and be signed into law by President Joe Biden, allowing for the quick delivery of military assistance to Ukraine.

House passes $95 billion Ukraine, Israel aid package, sends to Senate

House passes $95 billion Ukraine, Israel aid package, sends to Senate

The U.S. House of Representatives passed a billion legislative package providing security assistance to Ukraine, Israel, and Taiwan with bipartisan support. The bill now moves to the Senate, where it is expected to be considered next week. The legislation includes funding for conflict in Ukraine, humanitarian needs in Israel, and support for Taiwan. Ukrainian President Volodymyr Zelenskiy expressed gratitude for the aid, stating it will prevent the war from expanding and save lives. President Biden urged Congress to approve the aid, emphasizing the urgency of the situation. Despite some opposition, the bill passed with strong support.