• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, May 31, 2025
  • 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
Home Top Stories Sub Top Stories Sub Top Stories2

U.S Ends Odyssey On Long-Delayed Bill

April 24, 2024
in Sub Top Stories2, USA
Reading Time: 4 mins read
0

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.”

RelatedPosts

State Department Defends Decision To Revoke Chinese Student Visas

US To Revoke Chinese Student Visas

Trump Tariffs Dealt Heavy Blow

“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.

“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.

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.

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

Tags: Chuck Schumermilitary aidMitch McConnellRussia-Ukraine conflictU.S Senate
Share2Tweet1ShareSendSend
Previous Post

Profit-Takers Invade GSE, NewGold ETF Falls Victim

Next Post

“Rastafarians” Battle With Societal Acceptance

Related Posts

State Department Defends Decision To Revoke Chinese Student Visas

State Department Defends Decision To Revoke Chinese Student Visas

by Comfort Ampomaa
May 29, 2025
0

US Department of state Spokesperson, Tammy Bruce has defended Secretary of State Marco Rubio’s decision to “aggressively” revoke visas from Chinese students, particularly those linked to the Chinese Communist Party (CCP). At a news briefing, Bruce...

State Department Defends Decision To Revoke Chinese Student Visas

US To Revoke Chinese Student Visas

by Comfort Ampomaa
May 29, 2025
0

US Secretary of State, Marco Rubio has announced that the United States will “aggressively revoke visas for Chinese students.” This marks a major escalation of tensions with Beijing and another blow to American higher education institutions....

Trump Tariffs Dealt Heavy Blow

Trump Tariffs Dealt Heavy Blow

by Comfort Ampomaa
May 29, 2025
0

A three-judge panel at the US Court of International Trade, has blocked Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law. The court ruled that the US President overstepped his authority to impose sweeping tariffs....

Abdul Hakim Ahmed, a Political Science Lecturer at the University of Education, Winneba,

Ghana Charged to Adopt a Depoliticised Development Plan to Drive Progress

by Evans Junior Owu
May 29, 2025
0

The absence of continuity and coherence in national development planning has been one of the most enduring obstacles to Ghana's socioeconomic development. A lasting legacy of its colonial economic architecture, Ghana's economy is still largely dependent...

U.S President, Donald Trump Holds Back Planned 50% Tariffs On EU

Trump Holds Back Planned 50% Tariffs On EU

by Comfort Ampomaa
May 26, 2025
0

United States President, Donald Trump has held back from imposing a 50 percent tariff on imports from the EU, which he announced on Friday would be imposed on June 1, 2025. Trump said that he has agreed...

Please login to join discussion

Recent News

  • Mahama Reaffirms Commitment to Ahafo Region, Outlines Bold Development Agenda
  • Hamas Responds To US Ceasefire Proposal
  • Chief Justice’s Conduct Under Fire Amid Petition
  • Ministry of Health Leads 2025 No Tobacco Day Campaign
  • GuiltyBeatz on Humble Beginnings in Music Production
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

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 © 2021 The Vaultz News. All rights reserved.