Economic news
Biden administration readies about $800 million in additional security aid for Ukraine -sources
2022.08.19 01:13
U.S. President Joe Biden pauses as he speaks during a signing ceremony for “The Inflation Reduction Act of 2022” in the State Dining Room of the White House in Washington, U.S. August 16, 2022. REUTERS/Leah Millis
WASHINGTON (Reuters) – President Joe Biden’s administration is readying about $800 million of additional military aid to Ukraine and could announce it as soon as Friday, three sources familiar with the matter said on Thursday.
Biden would authorize the assistance using his Presidential Drawdown Authority), which allows the president to authorize the transfer of excess weapons from U.S. stocks, the sources told Reuters.
