Ukraine needs both financial and military support to prevent the government in Kyiv from resorting to "money-printing" to keep the economy afloat. Source: The Guardian, citing the chief economist of the European Bank for Reconstruction and Development (EBRD), Beata Javorcik, in an interview at Davos.
out. whatever analogy you want to use. the point is they have not been transparent. the administration insists money freed by sanction waivers is restricted to aid. it would go to approved vendors that would purchase food, medicine and agricultural products. budget support for legitimate expenses is freedom for weapons. when we deny resources to the regime and enforce our sanctions they actually have less money to spend on terrorism. spokesman for the treasury says holiday scheduling slowed down briefings of the money. dana: mike tobin, thank you. we heard a really loud boom and the plane just filled with air and wind. bill: this will get your
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Norway unveiled on Dec. 13 new aid for Ukraine as part of the previously announced multi-year support plan, including air defenses, humanitarian assistance, and increased munition production.
Treasury Secretary Janet Yellen said on Tuesday that the United States would be "responsible for Ukraine's defeat" if Congress fails to approve the Biden administration's latest multi-billion-dollar funding request for the war-torn country. Yellen told reporters on a trip to Mexico City that the funding - particularly for Ukraine's general government budget support - was "utterly essential" and a pre-condition to keep International Monetary Fund support flowing to Ukraine.