• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, November 4, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Sub Top Stories2, USA

U.S Ends Odyssey On Long-Delayed Bill

Comfort Ampomaaby Comfort Ampomaa
April 24, 2024
Reading Time: 4 mins read
Add as Preferred on Google
Senator, Chuck Schumer.

Senator, Chuck Schumer.

Senate has passed a long-delayed multibillion-dollar aid package for Ukraine, Israel and Taiwan, paving the way for new weapons deliveries to Kyiv as soon as this week.

The US Senate voted resoundingly to approve the $95bn in aid. The final vote was 79 to 18.

The step was hailed by the Senate Majority Leader, Chuck Schumer as “one of the greatest achievements the Senate has faced in years.”

“Today the Senate sends a unified message to the entire world: America will always defend democracy in its hour of need,” Schumer said in a floor speech.

ADVERTISEMENT

“Make no mistake, America will deliver on its promise to act like a leader on the world stage, to hold the line against autocratic thugs like Vladimir Putin. We are showing Putin that betting against America is always, always a grave mistake.”

Chuck Schumer

The Senate’s passage of the aid package ends a tortured odyssey on Capitol Hill that began last year with a request for the White House for a fresh round of funding for Ukraine and for Israel.

Additional funding for Ukraine has been the subject of months of acrimonious debate among lawmakers over how, or even whether, to help the country defend itself, with hardline Republicans linked to former President Donald Trump demanding concessions over the US’s southern border policy in exchange for their support.

“This national security bill is one of the most important measures Congress has passed in a very long time to protect American security and the security of Western democracy,” Schumer told reporters after the vote.

Senate Minority Leader, Mitch McConnell, a Republican and a strong supporter of assistance for Ukraine, expressed regret about the delay.

“I think we’ve turned the corner on the isolationist movement,” McConnell said.

ADVERTISEMENT

The eventual passage demonstrates a willingness to prioritize international cooperation and security.

While political differences have inevitably surfaced, the outcome reflects a collective recognition of the importance of standing together against common adversaries and supporting nations facing significant challenges.

Much of the assistance in the $95bn package is for Ukraine, which has struggled to fend off Russian forces along its 1,000km (600-mile) front line.

ADVERTISEMENT

The bill is worth $61bn to Ukraine but also provides $26bn for Israel, as well as humanitarian assistance in Gaza, Sudan and Haiti, as well as more than $8bn in military support for Taiwan, the democratic island China claims as its own.

“I will sign this bill into law and address the American people as soon as it reaches my desk so we can begin sending weapons and equipment to Ukraine this week,” President Joe Biden said in a statement shortly afterwards.

Ukraine’s President Volodymyr Zelenskyy welcomed its final passage.

“Ukraine’s long-range capabilities, artillery, and air defence are critical tools for restoring just peace sooner,” he wrote on social media, saying the move reinforced “America’s role as a beacon of democracy and leader of the free world.”

Global Military Spending At New Record

2023 03 28T161649Z 2123499686 RC2330AO3OXD RTRMADP 3 UKRAINE CRISIS GERMANY USA 1713796077 1
An M109A7 Paladin self-propelled, 155mm howitzer takes part in a live fire exercise in Grafenwoehr, Germany.

The world spent $2.4 trillion on military forces last year, the highest amount ever recorded by the Stockholm International Peace Research Institute (SIPRI).

According to the institute, the new high of $2.4 trillion is the ninth straight annual increase, suggesting the trend will continue.

SIPRI has been monitoring military expenditures since 1949 and found in its annual report that in 2023, they rose to 2.3 percent of the global gross domestic product (GDP) from 2.2 percent the year before.

The United States remained the biggest spender at $916bn, representing 37 percent of the world’s military outlays. China came second with an estimated $296bn.

Russia was third at $109bn although SIPRI considers this an underestimation “due to the increasing opaqueness of Russian financial authorities since the full-scale invasion of Ukraine in 2022”.

India came fourth at $83.6bn.

READ ALSO: Amanda Jissih Lambasts Edward Akwasi Boateng

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Chuck Schumermilitary aidMitch McConnellRussia-Ukraine conflictU.S Senate
Please login to join discussion
Previous Post

Profit-Takers Invade GSE, NewGold ETF Falls Victim

Next Post

“Rastafarians” Battle With Societal Acceptance

Related Posts

Trump’s 100 Days in Office Besmirched
USA

Democrats Capture Senate As Voters Deliver Major Blow To Trump

November 4, 2026
US President, Donald Trump speaks as Secretary of State Marco Rubio looks on during a cabinet meeting at the White House in Washington, DC.
USA

US To End Annual $4bn Aid To Israel In 2027

November 3, 2026
Trump Tax Bill To Widen Deficits By $2.8T After Factoring In Economic Impacts
USA

Trump Predicts Better-Than-Expected Midterm Results For Republicans

November 3, 2026
2738
USA

Americans Vote Today In High-Stakes US Midterm Elections

November 3, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Fidelity Bank Makes Ghana Banking History With Exclusive 2X Certification

Fidelity Bank Makes Ghana Banking History With Exclusive 2X Certification

November 4, 2026
South Africans Head to Polls

South Africans Vote in Crucial Municipal Elections

November 4, 2026
Chief Executive Officer of VALCO, Dr. Robert Makika Sambia

VALCO Returns to Profit, Targets 1.5m Tonnes

November 4, 2026
Vice President Professor Naana Jane Opoku-Agyemang

Africa Urged to Shape Global Digital Standards and Policies

November 4, 2026
Gold Field Profit

Ghana Grabs ¢7.82bn Royalties Following Mineral Reforms

November 4, 2026
ADVERTISEMENT
Next Post
Rastafarians

"Rastafarians" Battle With Societal Acceptance

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Ok

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.