President Biden and key European leaders reached an agreement to finance Ukraine with a loan of up to $50 billion, backed by the profits on frozen Russian assets.
Biden said in a news conference Thursday the loan would serve as a reminder to Russian President Vladimir Putin. “We’re not backing down,” he said. “In fact, we’re standing together against this illegal aggression.”
The agreement Reaffirms Ukraine will join NATO, and that the agreement will serve as a "bridge" to eventually bring Ukraine into NATO. So there's been no budge whatsoever on the sacrosanctity of that eternal principle.
The agreement also commits the US to restoring Ukraine's "territorial integrity" up to its "internationally recognized borders," which effectively means Ukraine's post-Soviet 1991 borders including Crimea, Luhansk, and Donetsk.
Before the news conference, Biden and Ukrainian President Volodymyr Zelensky signed a bilateral security agreement that seeks to establish a long-term U.S. commitment to military aid for the embattled country. The pact says future U.S. administrations will work with Congress to provide funding and military support for Kyiv.
It makes no new promises regarding Ukraine’s bid to join the North Atlantic Treaty Organization.
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***The highly anticipated agreement will leverage interest and income from the more than $260 billion in frozen Russian assets, largely held in Europe, to secure a $50 billion loan from the U.S. and additional loans from other partners.***
Why is it just the U.S. loaning money to Ukraine. We just gave them $61 billion. Where are we getting the money to loan the Ukraine? We are having to shut down our veterans administration and layoff people and don’t have any money to go in the federal emergency management fund and we can provide money to the Ukraine? Watch closely American Citizens, you are getting a front row seat at the destruction of a World Power in less than 4 years!
@S3nateEmmaDemocrat2yrs2Y
I don't think that it's right to appropriate of someone else's money.
When I put my money in a bank, that means that I trust that bank.
I would not be happy to find out that the bank freezes my money.
I would want my money back.
@Mandat3EllieRepublican2yrs2Y
Preposterous analogy. When was the last time you invaded another country and committed war crimes there? Never? Well Russia has done it against Chechnya, Georgia and Ukraine (twice) under Putin's regime.
@CodTonyLibertarian2yrs2Y
@RedWhiteBlueOtterGreen2yrs2Y
So after all these decades, after Vietnam and Iraq and all the rest of the secret and not-so-secret wars, the Democrats have just gone ahead and made it permanent. And upped the chances of a nuclear conflagration another notch closer to certain. No one old enough to read this will live to see the end of war. The wrong people have always controlled our foreign policy, and everyone is gonna pay for that.
@LegislationKenUnity2yrs2Y
That’s literally par for the course irrespective of what administration occupies the White House
@JudiciaryAlLibertarian2yrs2Y
Washington word salad.
Americans aren’t going to fight gay NATO wars until we can afford homes in our country and all the pallets of cash in the world will never equate to jets in the sky and American boots on the ground in Kiev
@QuickRaisinsVeteran2yrs2Y
That agreement travels at approximately the speed of a Russian nuclear submarine off the coast of Cuba.
further cementing perpetual war
@ISIDEWITH2yrs2Y
@ISIDEWITH2yrs2Y
@ISIDEWITH2yrs2Y
@ISIDEWITH2yrs2Y
@ISIDEWITH2yrs2Y
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