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Biden proposes another U.S. $ 33 billion to help Ukraine fight Russia

Joe Biden has asked the Congress for £27 billion in military, economic and humanitarian assistance to support Ukraine fight the invading Russian troops

The President of United States (U.S.) – Joe Biden has asked the Congress for U.S. $ 33 billion (£ 27 billion) in military, economic and humanitarian assistance to support Ukraine fight the invading Russian troops.

Of this, U.S. $ 20 billion is military aid, U.S. $ 8.5 billion is economic aid and U.S. $ 3 billion is humanitarian aid. The U.S. military support to Ukraine has so far amounted to 10 anti-tank weapons for every tank that Russia has deployed to Ukraine.

Speaking on the occasion, Biden said, “It’s not cheap.” He added, “But caving to aggression is going to be more costly if we allow it to happen.” He said that U.S. is not attacking Russia. It is helping Ukraine defend itself from Russian aggression.

Taking it to twitter, Biden tweeted,

He further tweeted,

Thanking Biden, the President of Ukraine – Volodymyr Zelenskyy tweeted,

President Biden is asking Congress to authorise a sum of money, which is more than twice as much as the U.S. has already spent on providing military equipment and humanitarian aid. Biden also wants to send the message that U.S. is not afraid of Russian threats. Prior to this, the President of Russia – Vladimir Putin had warned that there could be retaliatory strikes against countries that intervene in Ukraine. Biden said Russia’s warning show the desperation Russia is feeling about their abject failure to do what they had wanted.

Talking about Russia threatening Poland and Bulgaria of stopping gas supplies for not paying in Russian Roubles, Biden said that the West will not let Russia intimidate or blackmail their way out of these sanctions.
The announcement of the new Ukraine package comes at a difficult time for the U.S. economy. As per the data released by the Bureau of Economic Analysis, the U.S. economy shrank in the first quarter of 2022, with gross domestic product declining 1.4% between January and March 2022.

Prior to this, U.S. approved less than U.S. $ 14 billion in March 2022. It also approved U.S. $ 800 million (£ 642 million) military aid package last week and U.S. $ 500 million (£ 401 million) in direct economic assistance. Besides, the U.S. has so far sanctioned and blocked Russian vessels and aircraft worth over U.S. $ 1 billion. The European Union (E.U.) has collectively frozen over $ 30 billion.

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