Latest news with #UkraineAid
Bloomberg
6 days ago
- Business
- Bloomberg
Germany Rejects EU's Proposed €2 Trillion Draft Budget
Good morning. Germany said no to the European Commission's €2 trillion budget proposal. Keir Starmer and Friedrich Merz will sign a new treaty in London. And about 1,000 people join the waitlist every night for fried chicken. Listen to the day's top stories. Germany rejected the EU's nearly €2 trillion budget proposal for its next seven-year period, starting in 2028, hours after it was announced by European Commission President Ursula von der Leyen in Brussels. The plan includes €100 billion in aid for Ukraine.
New York Times
6 days ago
- Politics
- New York Times
Corrections: July 17, 2025
A news analysis article on Wednesday about how many Republicans in Congress, following the lead of President Trump, are changing their stance on sending aid to Ukraine referred imprecisely to Representative Troy Nehls's affiliation with the House Freedom Caucus. He was part of the group but is no longer a member. An article on Wednesday about how the Justice Department is accelerating its efforts to undo decades of civil service protections intended to insulate the work of law enforcement officials from political interference misstated the name of an independent agency that considers appeals from federal workers about employment actions. It is the Merit Systems Protection Board, not the Merit Service Protection Board. Errors are corrected during the press run whenever possible, so some errors noted here may not have appeared in all editions. To contact the newsroom regarding correction requests, please email nytnews@ To share feedback, please visit Comments on opinion articles may be emailed to letters@ For newspaper delivery questions: 1-800-NYTIMES (1-800-698-4637) or email customercare@
Al Mayadeen
15-07-2025
- Business
- Al Mayadeen
US redirects $1.6bln in Ukraine aid to boost shell production
More than $1.6 billion in Ukraine aid has been redirected by the United States to strengthen domestic arms manufacturing and shell production, according to an analysis by a RIA Novosti correspondent of the US Army's fiscal year 2026 budget on Wednesday. Funds originally allocated in 2024 have been redirected to ramp up production of 155mm artillery shells, a NATO-standard caliber vital to Ukrainian forces who are facing an ongoing supply shortage. According to newly reviewed budget documents, the US Army's 2026 financial plan outlines how aid earmarked for Ukraine is also being used to strengthen the US's defense industrial base. Notably, more than $623 million is set aside for the construction of a new Trinitrotoluene (TNT) production facility. Once operational, the plant is expected to produce five million pounds of TNT annually, reducing US dependence on foreign suppliers and securing a key component in the manufacturing of 155mm shells. These developments come as artillery demand in Ukraine continues to surge, reflecting a broader US strategy aimed at maintaining military readiness and ensuring consistent munitions availability for both allied and US forces. The TNT facility is intended to supply explosives essential to 155mm artillery rounds. As US stockpiles are drawn down to support Ukraine, this facility seeks to ensure uninterrupted production and mitigate supply chain risks. Another $600 million has been allocated to the Holston Army Ammunition Plant to expand production of IMX 104, a safer and more stable explosive that replaces legacy compounds. This upgrade targets a capacity of 13 million pounds annually and directly supports both current and future US munitions systems. The Scranton Army Ammunition Plant, a key producer of 155mm metal parts, received $80 million for design upgrades, facility improvements, and new equipment. These efforts aim to increase automation and production efficiency. An additional $21 million was allocated to nearby General Dynamics facilities for a new forging press to further accelerate shell output. Additionally, the Lake City Army Ammunition Plant received $100 million to support the production of the Next Generation Squad Weapon (NGSW) 6.8mm round, a new caliber designed for enhanced performance in future combat scenarios. An additional $72 million was set aside for constructing an Automated Contaminated Waste Plant to maintain safe and efficient operations at the Lake City site. At the Radford Army Ammunition Plant, $93.8 million has been allocated to modernize its solvent propellant production for key materials like M6 and M31A2, intended to rapidly replenish 155mm artillery stocks. Lastly, $14 million was directed to the Goex facility at Camp Minden, Louisiana, for modernizing black powder production, ensuring the continued availability of niche energetic materials for the US government. While presented under the banner of Ukraine aid, the $1.6 billion in redirected funding ultimately enhances US domestic defense production capabilities. The investments reflect Washington's dual-track approach: supporting Ukrainian forces while simultaneously reinforcing long-term US military Trump confirmed on Tuesday that he had approved the delivery of additional defensive weapons to Ukraine and is weighing new sanctions against Russia, expressing frustration with Russian President Vladimir Putin over the worsening toll of the war. Speaking during a Cabinet meeting at the White House, Trump said that while he had once believed in diplomacy with Putin, recent battlefield developments and rising casualties have left him disillusioned. 'I'm not happy with Putin. I can tell you that much right now,' Trump said, pointing to the thousands of Russian and Ukrainian soldiers killed during the war. 'We get a lot of bullsh*t thrown at us by Putin. … He's very nice all the time, but it turns out to be meaningless,' he added. Reports revealed that Trump had campaigned on a promise to end the war in Ukraine within a day. That promise, however, remains unfulfilled as efforts by his administration to broker a peace agreement have stalled. Read more: Western arms undermine peace, talks await Kiev's response: Kremlin
Russia Today
12-07-2025
- Business
- Russia Today
US lawmakers move to curb Trump's control over Ukraine aid
A bill authorizing more Ukraine aid and barring the Pentagon from unilaterally halting arms shipments has passed the Senate Armed Services Committee. The measures are part of the 2026 National Defense Authorization Act (NDAA), the annual defense bill that outlines the Pentagon's priorities and funding for the next fiscal year. The bill comes as tensions have risen between Congress and the White House over aid pauses earlier this year. In March, President Donald Trump temporarily halted all Ukraine assistance and intelligence sharing, while earlier this month, Defense Secretary Pete Hegseth paused weapons deliveries, citing the need to review dwindling Pentagon stockpiles. Aid resumed earlier this week after Trump expressed frustration over delays in the peace process and said Ukraine needs weapons to 'defend' itself. Media reports later suggested Trump had not been informed of the latest suspension and struggled to explain whether he had approved it. The new NDAA draft was passed in a bipartisan vote this week. It 'reaffirms' US support for Ukraine, extends aid through 2028, increases annual authorizations from $300 million to $500 million, and requires the Pentagon to continue intelligence support for Kiev, according to a summary released on Friday. Senator Jeanne Shaheen, however, said the bill also includes language blocking the Pentagon from halting aid or intelligence sharing without congressional approval. She noted that provisions listed in the bill 'put guardrails' on the Trump administration 'to make sure promised military assistance continues to flow to Ukraine.' A separate version of the NDAA drafted by House Armed Services Committee Chair Mike Rogers extends aid through 2028 but keeps it capped at $300 million per year. It also prohibits the Trump administration from halting funds without written justification to Congress and requires Hegseth to report regularly on support to Ukraine. The House committee will vote on its version on Tuesday. The bill must pass committee votes before being submitted for a full congressional vote. Ukraine has received nearly $115 billion in military, financial, and humanitarian US aid since its conflict with Russia escalated in February 2022. The military component of this sum has come through congressional bills such as the NDAA and the Presidential Drawdown Authority, a fund capped by Congress that allows the president to send US weapons directly to Kiev. Russia has long argued that Western arms prolong the fighting without changing the outcome. Moscow and Kiev have so far held two rounds of peace talks in Türkiye, reviving a process that Kiev abandoned in 2022 to pursue military victory with Western assistance. Moscow says it is ready to continue negotiations and is awaiting Kiev's response to schedule the next round.
Bloomberg
10-07-2025
- Business
- Bloomberg
Arshi Siddiqui on Trump-Putin Fallout, Ukraine Aid
Bellwether Government Affairs CEO Arshi Siddiqui discusses the Senate weighting whether to levy sanctions against Russia,Trump's deteriorating relationship with Putin, and the US resuming aid shipments to Ukraine. She speaks with Joe Mathieu in Washington DC on July 10, 2025. (Source: Bloomberg)
