• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Biden approves $500M Ukraine security package 11 days before Trump takes office

by January 9, 2025
written by January 9, 2025

The Biden administration on Thursday announced an additional $500 million of military aid to Ukraine in a security package rushed out the door before President-elect Trump takes office.

Defense Secretary Lloyd Austin met with Ukrainian President Volodymyr Zelenskyy for the final time at Ramstein Air Base in Germany, where he made the announcement. Both officials used the occasion to urge the incoming Trump administration to continue to support Kyiv’s fight against Russia.

‘If Putin swallows Ukraine, his appetite will only grow,’ Austin warned at the 25th meeting of about 50 member nations who have joined forces to support Ukraine with an estimated $122 billion in weapons and support.

‘If autocrats conclude that democracies will lose their nerve, surrender their interests, and forget their principles, we will only see more land grabs. If tyrants learn that aggression pays, we will only invite even more aggression, chaos, and war.’

The latest U.S. security assistance to Ukraine includes missiles for fighter jets, support equipment for F-16s, armored bridging systems, small arms and ammunition and other spare parts and communications equipment.

The weapons package is funded by the presidential drawdown authority (PDA), meaning the weapons will come from U.S. stockpiles, expediting their delivery to Ukraine. 

Officials noted this is the Biden administration’s seventy-fourth tranche of equipment to be provided from Defense Department inventories for Ukraine since August 2021. 

This latest package leaves about $3.85 billion in funding to provide future arms shipments to Ukraine; if the Biden administration makes no further announcements, that balance will be available to Trump to send if he chooses.

Zelensky pleaded for the next administration to continue U.S. support for his country’s defensive war against Russian invaders. 

‘We’ve come such a long way that it would honestly be crazy to drop the ball now and not keep building on the defense coalitions we’ve created,’ Zelenskyy said. ‘No matter what’s going on in the world, everyone wants to feel sure that their country will not just be erased of the map.’

Member nations of the coalition supporting Kyiv, including the U.S., have ramped up weapons production since the Ukraine war exposed that stockpiles were inadequate for a major conventional land war.

The U.S. has provided about $66 billion of the total aid since February 2022 and has been able to deliver most of that total — between 80% and 90% — already to Ukraine.

‘Retreat will only provide incentives for more imperial aggression,’ Austin said Thursday. ‘And if we flinch, you can count on Putin to push further and punch harder. Ukraine’s survival is on the line. But so is the security of Europe, the United States, and the world.’

The Associated Press contributed to this report.

Related Topics

Secretary of Defense
Pentagon
Joe Biden
White House
Ukraine

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Jimmy Carter’s funeral will bring all five living presidents together in Washington, DC
next post
FBI informant who made up Biden bribe story gets 6 years in prison

related articles

Trump ‘not interested’ in de-escalation with ‘unhinged’ leader...

October 23, 2025

Jack Smith pushes for public testimony to confront...

October 23, 2025

Mayor Eric Adams endorses Andrew Cuomo as his...

October 23, 2025

Trump freezes out Putin for lack of ‘enough...

October 23, 2025

Essential workers left unpaid after Senate Democrats kill...

October 23, 2025

Democrats under fire as food stamp funds run...

October 23, 2025

Curtis Sliwa vows to be Zohran Mamdani’s ‘worst...

October 23, 2025

Vance visits church where Christians believe Jesus was...

October 23, 2025

New poll in key showdown for Virginia governor...

October 23, 2025

Americans could face airport chaos if Dems don’t...

October 23, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • EURUSD and GBPUSD: EURUSD on new July high up to 1.09000

    July 12, 2024
  • Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer

    December 24, 2024
  • Sam Altman shuts down Elon Musk’s OpenAI offer: ‘I have nothing to say, it’s ridiculous’

    February 12, 2025
  • DC food workers pledge to make Trump officials unwelcome, echoing confrontations in first term

    December 13, 2024
  • Trump inks trade deal with UK, previews China trade negotiations during 16th week in office

    May 10, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,513)
  • Investing (634)
  • Stock (941)

Latest Posts

  • Mother of Israeli hostage begs Trump, Netanyahu to bring son home before ceasefire collapses: ‘No more time’

    February 12, 2025
  • Macy’s says employee hid up to $154 million in expenses since 2021

    November 25, 2024
  • Netanyahu to meet Trump as Israeli leader looks to rekindle relationship

    July 26, 2024

Recent Posts

  • Dozens of House lawmakers rally around funding Afghan visa program as Trump vows major spending cuts

    December 24, 2024
  • Soros v Trump: Socialists targets conservatives in upcoming European nation’s election

    April 16, 2025
  • Red Cross fighting to reach hostages, alleviate ‘catastrophic’ situation in Gaza

    May 22, 2025

Editor’s Pick

  • Dow slips 1,700 points, while S&P sheds Wednesday’s gains; big tech, bank stocks see steep declines

    April 11, 2025
  • Why Zelenskyy keeps pushing for Ukraine NATO membership even though Trump says it’s not happening

    February 28, 2025
  • Black Caucus chair accuses Trump of ‘purge’ of ‘minority’ federal workers

    January 31, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock