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

Netherlands becomes first NATO ally to buy US weapons for Ukraine

by August 5, 2025
written by August 5, 2025

The Netherlands will become the first European state to provide cash to purchase U.S.-made weapons for Ukraine, under a plan agreed to by President Donald Trump and NATO chief Mark Rutte. 

Dutch Defense Minister Ruben Brekelmans announced Monday his nation will contribute €500 million ($576 million) to a fund called the NATO Prioritized Ukraine Requirements List (PURL) initiative.

Brekelmans said the funding would go toward Patriot systems and missiles, a mobile surface-to-air interceptor. 

Developed in the 1980s and still considered one of the U.S.’s most advanced air defense systems, the Patriot can thwart attacks from aircraft, tactical ballistic missiles and cruise missiles.

A new Patriot system and the missiles to go along with it could cost around $1.1 billion, according to the Center for Strategic and International Studies (CSIS). The newest version of the missile costs around $4 million a piece.

Last month during a White House meeting with Rutte, Trump promised Europe would spend ‘billions’ on U.S. weapons to arm Ukraine.

‘Billions of dollars’ worth of military equipment is going to be purchased from the United States, going to NATO… And that’s going to be quickly distributed to the battlefield,’ Trump said.

Ukrainian President Volodymyr Zelenskyy thanked the Netherlands for the funding on X. 

‘Ukraine, and thus the whole of Europe, will be better protected from Russian terror,’ he wrote.

‘I am sincerely grateful to the Netherlands for their substantial contribution to strengthening Ukraine’s air shield,’ he added.

Rutte also thanked the Netherlands and encouraged other European NATO allies to follow suit.

‘This is about getting Ukraine the equipment it urgently needs now to defend itself against Russian aggression,’ he said in a statement.

‘I have written to all NATO Allies, urging them to contribute towards this burden-sharing initiative, and I expect further significant announcements from other Allies soon.’

The Netherlands has emerged as one of Ukraine’s top defense donors, committing close to €3 billion in military aid since the start of Russia’s full-scale invasion in 2022. Dutch support has included tanks, F-16 training, and now, contributions toward strategic air defense platforms like the Patriot.

The new Trump-NATO agreement came after Republicans expressed frustration with the nearly $128 billion in aid the U.S. has offered to Ukraine, arguing Europe should take up the burden. At the same time, Trump has increasingly grown impatient with Russian President Vladimir Putin during peace negotiations. 

White House envoy Steve Witkoff is set to head to Moscow this week before the deadline Trump gave Putin for ending the war. The president has threatened to slap steep tariffs on Russia and any nations that do business with it if this week’s negotiations fail to produce a deal. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Fox News gets inside look at Gaza humanitarian situation as Israel weighs next steps
next post
Justice Department weighs release of Ghislaine Maxwell interview

related articles

Trump’s apocalyptic Iran warning raises stakes for sweeping...

April 7, 2026

Graham eyes ‘down payment’ on Trump-backed SAVE Act...

April 7, 2026

Democrat whose parents fled Iran moves to oust...

April 7, 2026

Midterm alarm bells: Democrats face steep favorability deficit...

April 7, 2026

American journalist kidnapped in Iraq is set free,...

April 7, 2026

Dem Senate primary erupts in key state as...

April 7, 2026

Trump-backed candidate aims to pad GOP’s fragile House...

April 7, 2026

Ilhan Omar calls Trump an ‘unhinged lunatic,’ urges...

April 7, 2026

White House unleashes on Stacey Abrams in latest...

April 7, 2026

Former Virginia Gov Glenn Youngkin hints at political...

April 7, 2026
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

  • Here’s the argument Trump hopes will net first major SCOTUS win in second term

    February 19, 2025
  • GOP lawmaker says backing Cuomo over ‘communist’ Mamdani a ‘no-brainer’

    October 30, 2025
  • Repeat offender labeled ‘danger to the community’ walks free after Biden autopen clemency

    February 20, 2026
  • GOP senator reveals the ‘dirty’ secret to Trump’s Make America Healthy Again movement

    July 18, 2025
  • Some House Republicans privately furious at Musk, Ramaswamy after government shutdown talks implode

    December 19, 2024

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

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

    July 21, 2024
  • 3

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

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,502)
  • Investing (1,662)
  • Stock (1,017)

Latest Posts

  • Schumer again blocks GOP bid to reopen government as air traffic controllers go unpaid

    October 28, 2025
  • Trump-foe Adam Schiff dismisses Tulsi Gabbard’s declassified Russia collusion intelligence as ‘dishonest’

    July 24, 2025
  • Elbridge Colby confirmed to top Pentagon policy post after hesitation from GOP hawks

    April 8, 2025

Recent Posts

  • SafeMoon and Litecoin: Litecoin on a bullish run this week

    August 14, 2024
  • Trump scores major win as Senate installs IRS critic to lead the agency

    June 12, 2025
  • Three-year inflation outlook hits record low in New York Fed consumer survey

    August 13, 2024

Editor’s Pick

  • Biden tells Michigan crowd he’s ‘not going anywhere’ amid chants of ‘Don’t you quit’

    July 14, 2024
  • Trump ‘not interested’ in de-escalation with ‘unhinged’ leader of Colombia, White House says

    October 23, 2025
  • ‘Scream night’: Climate activists repeatedly disrupt DNC leadership meeting

    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