www.universalcurrentaffairs.com

Outgoing Biden Admin. Announces $. 2.5B In Military Aid To Ukraine.

President Joe Biden said Monday that the United States will send nearly $2.5 billion more in weapons to Ukraine as his administration works quickly to spend all the money it has available to help kyiv fight off Russia before President-elect Donald Trump takes office. 

The package includes $1.25 billion in presidential drawdown authority, which allows the military to pull existing stock from its shelves and gets weapons to the battlefield faster. It also has $1.22 billion in longer-term weapons packages to be put on contract through the separate Ukraine Security Assistance Initiative, or USAI.

Biden said all longer-term USAI funds have now been spent and pledged to use all the remaining drawdown money before leaving office.

The new aid comes as Russia has launched a barrage of attacks against Ukraine's power facilities in recent days, although Ukraine has said it intercepted a significant number of the missiles and drones. Russian and Ukrainian forces are also still in a bitter battle around the Russian border region of Kursk, where Moscow has sent thousands of North Korean troops to help reclaim territory taken by Ukraine.

Source: https://midmichigannow.com

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