Page 2 - Financial Aid

What's inside $95 bn House package focused on aiding Ukraine and Israel

Speaker Mike Johnson has unveiled a long-awaited package of bills that will provide military aid to Ukraine and Israel, replenish U.S. weapons systems and give humanitarian assistance to civilians in Gaza. The package totals USD 95.3 billion in spending, which matches the total that the Senate passed in mid-February. But there are also a few differences with the Senate bill designed to win over some House conservatives. Here's a look at what is in the bills that Johnson hopes to pass by this weekend. UKRAINE The aid to support Ukraine totals about USD 61 billion. Republicans on the House Appropriations Committee said that more than a third of that amount would be dedicated to replenishing weapons and ammunition systems for the U.S. military. The overall amount of money provided to Ukraine for the purchase of weapons from the U.S. is roughly the same in the House and Senate bills USD 13.8 billion. The main difference between the two packages is that the House bill provides more t

House Speaker Johnson pushes toward aid for Israel, Ukraine, and Taiwan

House Speaker Mike Johnson is pushing toward action this week on aid for Israel, Ukraine and Taiwan, unveiling an elaborate plan Monday to break the package into separate votes to squeeze through the House's political divides on foreign policy. Facing an outright rebellion from conservatives fiercely opposed to aiding Ukraine, the Republican speaker's move on the foreign aid package was a potentially watershed moment, the first significant action on the bill after more than two months of delay. But Johnson's intention to hold four separate votes on parts of the package also left it open to being significantly altered from the USD 95 billion aid package the Senate passed in February. It's unclear if the House could end up with a package that is similar to the Senate's bill or something significantly different, which could complicate the months-long, painstaking effort to get Congress to approve military funding for Ukraine. We will let the House work its will, Johnson told ...

Baltimore bridge: Biden okays $60 mn aid, Guv warns of long road ahead

Maryland Governor Wes Moore warned Thursday of a "very long road ahead" to recover from the loss of Baltimore's Francis Scott Key Bridge as the Biden administration approved USD 60 million in immediate federal aid after the deadly collapse. Massive barges carrying cranes streamed toward the site to begin the challenging work of removing twisted metal and concrete as a first step toward reopening a key shipping route blocked by the wreckage of the span. Moore promised that "the best minds in the world" were working on plans to clear the debris, move the cargo ship that rammed into the bridge from the channel, recover the bodies of the four remaining workers presumed dead and investigate what went wrong. "Government is working hand in hand with industry to investigate the area, including the wreck, and remove the ship," said Moore, a Democrat, who said quick aid is needed to "lay the foundation for a rapid recovery". President Joe Biden has pledged the federal government would pay the

US NSA Jake Sullivan visits Kyiv as stalemate in Washington holds up aid

President Joe Biden's top foreign policy adviser Jake Sullivan sought to reassure Ukrainians during an unannounced visit to Kyiv that the US will continue to support their efforts to fend off Russia's two-year-old invasion. The national security adviser expressed optimism Wednesday that lawmakers in Washington will break a month-long logjam and approve tens of billions of dollars in military and economic aid to Ukraine. Russian forces have exploited the shortfall to make some gains in the conflict. "We will get a strong bipartisan vote in Congress," Sullivan said during a press conference. "We will get that money to you as we should, so I don't think we need to speak about Plan B today." He also acknowledged that the process had "taken too long". Sullivan said the US would consider the conflict a victory for Ukraine if it emerges from the war as a sovereign, democratic and free country. He sought to reassure Ukrainians that the US will continue to support them as it did since the .

Guj launches schemes to provide financial help to students of Class 9 to 12

Gujarat Chief Minister Bhupendra Patel on Saturday launched two schemes to provide financial assistance to students from Classes 9 to 12, for which the government has allocated Rs 1,650 crore in the state budget. Under its "Namo Lakshmi Yogana", the government will provide Rs 50,000 to girls studying in Classes 9 to 12 over four years, while Rs 25,000 will be given to both girls and boys who have opted for the science stream in Classes 11 and 12 under the "Namo Saraswati Vigyan Sadhana Yojana", a release stated. "These two significant schemes have been initiated this year to fulfil Prime Minister Narendra Modi's commitment to girls' education, encouraging girls to pursue secondary and higher secondary education and to promote science education," the state government said in a statement. The chief minister launched the schemes from Gyanda High School in Ahmedabad, with around 35,000 students of primary and secondary schools and educators from across the state participating virtually

Congress reaches tentative deal to avoid govt shutdown, Ukraine aid stalls

Days before a possible partial government shutdown, negotiators in Congress worked furiously Wednesday to finish up a federal spending plan as Washington joined Ukraine and other American allies around the world in watching and waiting for House Speaker Mike Johnson's next move. The new Republican leader is facing the test of his career trying to keep the U.S. government open by Friday's midnight deadline for several federal departments. At the same time, emergency funding for Ukraine, Israel and Indo-Pacific allies remains stubbornly stalled. President Joe Biden convened leaders Tuesday in hopes of pushing them toward a deal. We are very close to getting it done, Senate Majority Leader Chuck Schumer, D-N.Y., said as he opened his side of the Capitol on Wednesday. Republicans are also are optimistic that a deal can be reached. Congress is in what has become a familiar cycle of threatened shutdowns and disruptions as Johnson's hard-right Republicans in his GOP majority strive for ..

Biden summons congressional leaders to WH to talk about Ukraine funding

President Joe Biden will convene the top four congressional leaders at the White House on Tuesday to press lawmakers on passing an emergency aid package for Ukraine and Israel, as well as averting a looming government shutdown next month, according to a White House official. The top four leaders include House Speaker Mike Johnson, R-La., Senate Majority Leader Chuck Schumer, D-N.Y., House Minority Leader Hakeem Jeffries, D-N.Y., and Senate Minority Leader Mitch McConnell, R-Ky. During the meeting, the president will discuss the "urgency" of passing the aid package, which has bipartisan support, as well as legislation to keep the federal government operating through the end of September, said the White House official, who was granted anonymity to discuss a meeting not yet publicly confirmed. The Republican-led House is under pressure to pass the USD 95 billion national security package that bolsters aid for Ukraine, Israel as well as the Indo-Pacific. That legislation cleared the ...

Free world united with Ukraine, says Sunak on Russian conflict anniversary

Prime Minister Rishi Sunak marked the second anniversary of the Russia-Ukraine conflict on Saturday with a pledge to renew the UK's determination to support the Ukrainians and declared the free world united in its response to President Vladimir Putin's illegal invasion of Ukraine. The British Indian leader reflected upon his recent visit to the Ukrainian capital of Kyiv when he announced a major package of defence aid to Ukraine, taking the UK's total support to GBP 12 billion. It comes as the UK Foreign, Commonwealth and Development Office (FCDO) pledged GBP 8.5 million in humanitarian funding allocations to the Red Cross Movement and the Ukraine Humanitarian Fund. When Putin launched his illegal invasion two years ago, the free world was united in its response. We stood together behind Ukraine. And on this grim anniversary, we must renew our determination, said Sunak in a statement from 10 Downing Street. I was in Kyiv just a few weeks ago and I met wounded Ukrainian soldiers. Eac

Biden wants people to know money sought for Ukraine would be spent in US

At a bustling construction site outside of Dallas, there are hopes that Congress can finally pass nearly USD 95 billion in foreign aid including funding for Ukraine because factory jobs in the United States depend on that money. Aerospace and defense company General Dynamics' new factory in the Dallas suburb of Mesquite is expected to initially employ 150 people to produce munitions. Set to open in June, construction is nearing completion, with newly planted trees and shrubs already in place at the complex overlooking one of the area's busiest interstates. We want to increase our wages and increase our skill levels and job opportunities, said Kim Buttram, Mesquite's director of economic development, who added that the factory is expected to have over 300 jobs when it's at full production. As President Joe Biden pushes House Republicans to pass needed aid, he wants voters to understand that nearly two-thirds or nearly USD 40 billion of the money for Ukraine would actually go to US

Aid package for Israel fails in House, another setback to GOP leaders

bill to provide Israel with more military aid went down to defeat Tuesday in the House, spoiling Speaker Mike Johnson's attempt to separate Israel from other national security priorities, including helping Ukraine defend itself from Russia's military invasion and deterring crossings at the U.S.-Mexico border. The vote gave individual lawmakers another chance to show voters their support for Israel and could be used on the campaign trail to criticize those who voted against it. But it did little to generate momentum toward passage of a final emergency spending package. It was also the second setback of the day for House Republican leaders. Just minutes before the vote their drive to impeach Homeland Security Secretary Alejandro Mayorkas fell short due to opposition from three House Republicans. The House had already gone on the record in support of an Israel aid package. Johnson brought that package up in November on one of his first days as the new House speaker. The vote was in ...

US envoys write to Congress to pass emergency aid for Ukraine, Israel: WH

American envoys in nine countries, including India and Japan, wrote to the Congress Tuesday urging it to act quickly to pass the President's National Security Supplemental Funding request, including the aid it contains for Ukraine, Israel and the Indo-Pacific, the White House said. John Kirby, Coordinator for Strategic Communications at the National Security Council in the White House, told reporters that nine US ambassadors to countries across the Indo-Pacific have sent the letter. "The ambassadors wrote about how... 'many countries in the Indo-Pacific are intently focused on the conflicts in Ukraine and the Middle East'," Kirby said quoting from the letter. The ambassadors signing the letter included Philip Goldberg of South Korea, Rahm Emanuel of Japan, Caroline Kennedy of Australia, MaryKay Carlson of the Philippines, Eric Garcetti of India, Nicholas Burns of China, Tom Udall of New Zealand, Edgard Kagan of Malaysia and Marc Knapper of Vietnam. "Governments are watching what we

Biden tells Congress to 'show some spine' as Ukraine aid faces defeat

President Joe Biden on Tuesday acknowledged that a bill to provide security funding for Ukraine and for the US border with Mexico is stalled in Congress. The Democratic president blamed the situation on former President Donald Trump, the Republican presidential front-runner and told Congress to show some spine and stand up to Trump. A bipartisan Senate deal intended to curb illegal crossings at the US border with Mexico faced almost certain defeat Tuesday as Senate Republicans signalled their opposition, stranding President Joe Biden with no clear way to advance aid for Ukraine through Congress. The Democratic president has urged lawmakers to embrace a bipartisan Senate deal that pairs border enforcement measures with USD 60 billion in wartime aid for Ukraine, as well as tens of billions of dollars more for Israel, other US allies in Asia, the US immigration system and humanitarian aid for civilians in Gaza and Ukraine.

European Union agrees on new 50 billion-euro aid package for Ukraine

European Council President Charles Michel says the 27 EU countries have sealed a deal on aid to Ukraine just over an hour into a summit of the bloc's leaders and despite threats from Hungary to veto the move. We have a deal, Michel said in a post on X, formerly known as Twitter. He wrote that all 27 leaders agreed on an additional 50-billion-euro (USD 54 billion) support package for Ukraine within the EU budget. The announcement came despite staunch objections from Hungary in December and in the days leading up to Thursday's summit in Brussels. Michel said that the move locks in steadfast, long-term, predictable funding for Ukraine, and demonstrates that the EU is taking leadership and responsibility in support for Ukraine; we know what is at stake.

Ukraine ends year upset over stalemate with Russia, and anxious about aid

The year started with high hopes for Ukrainian troops planning a counteroffensive against Russia. It ended with disappointment on the battlefield, an increasingly somber mood among troops and anxiety about the future of Western aid for Ukraine's war effort. In between, there was a short-lived rebellion in Russia, a dam collapse in Ukraine, and the spilling of much blood on both sides of the conflict. Twenty-two months since it invaded, Russia has about one-fifth of Ukraine in its grip, and the roughly 1,000-kilometer (620-mile) front line has barely budged this year. A crunch has come away from the battlefield. In Western countries that have championed Ukraine's struggle against its much bigger adversary, political deliberations over billions in financial aid are increasingly strained. Russian President Vladimir Putin is playing a waiting game two years into a war that proved to be a costly miscalculation by the Kremlin. He is wagering that the West's support will gradually crumble

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TN CM Stalin seeks Rs 2,000 cr interim relief for rain-battered districts

Tamil Nadu Chief Minister MK Stalin on Tuesday requested Prime Minister Narendra Modi to release Rs 2,000 crore from the National Disaster Relief Fund to bolster the efforts for livelihood support and repair of public infrastructure affected by the recent flooding in the state's southern districts. This interim relief will help provide livelihood assistance to the affected people and take up temporary rehabilitation works in the Tirunelveli, Thoothukudi, Kanyakumari and the Tenkasi districts, Stalin said in a memorandum submitted to Modi in Delhi. "While a comprehensive assessment of the permanent damage will take time, we request an interim assistance of Rs 2,000 crore from the NDRF (National Disaster Relief Fund) to bolster the ongoing efforts for livelihood support and repairs and restoration of the public infrastructure battered by the unprecedented floods," he said in the memorandum. Later, in a post on X, Stalin said, "Met with Hon'ble Prime Minister Thiru @NarendraModi to ...

Biden invites Zelenskyy amid a stepped-up push for Congress to approve aid

President Joe Biden has invited Ukraine's leader, Volodymyr Zelenskyy, to the White House on Tuesday as the US administration steps up the pressure on Congress to provide billions more in aid to Kyiv in the war with Russia. The visit is intended "to underscore the United States' unshakeable commitment to supporting the people of Ukraine as they defend themselves against Russia's brutal invasion," the White House said in a statement Sunday. As Russia ramps up its missile and drone strikes against Ukraine, the leaders will discuss Ukraine's urgent needs and the vital importance of the United States' continued support at this critical moment." Biden has asked Congress for a USD 110 billion package of wartime funding for Ukraine (USD61.4 billion) and Israel, along with other national security priorities. But the request is caught up in a debate over US immigration policy and border security. Earlier, Secretary of State Antony Blinken on Sunday defended the emergency sale to Israel of .

US aid for Ukraine by yr-end seems out of reach as GOP ties it to security

A deal to provide further US assistance to Ukraine by year-end appears to be increasingly out of reach for President Joe Biden. The impasse is deepening in Congress despite dire warnings from the White House about the consequences of inaction as Republicans insist on pairing the aid with changes to America's immigration and border policies. After the Democratic president said this past week he was willing to make significant compromises on the border, Republicans quickly revived demands that they had earlier set aside, hardening their positions and attempting to shift the negotiations to the right, according to a person familiar with the talks who was not authorized to publicly discuss them and spoke on condition of anonymity. The latest proposal, from the lead GOP negotiator, Sen. James Lankford, R-Okla., came during a meeting with a core group of senators before they left Washington on Thursday afternoon. It could force the White House to consider ideas that many Democrats will ...

Kerala govt announces Rs 5 lakh aid to kin of Kalamassery blast victims

The Kerala government on Wednesday decided to provide financial assistance of Rs five lakh each to the families of those who had lost their lives in a blast at a religious gathering in Kalamassery near Kochi last month. A cabinet meeting, chaired by Chief Minister Pinarayi Vijayan, decided to grant the relief amount from the Chief Minister's Distress Relief Fund, a CMO statement said here. Additionally, support will be extended to cover medical expenses for the injured persons receiving treatment, even in private hospitals, it said. Five persons were killed and over 50 were injured, some seriously, during the multiple blasts at a religious gathering in an international convention centre in Kalamassery, on October 29. They had gathered for the final day of a three-day-long prayer meeting of the Jehovah's Witnesses.

Tata Steel seeks financial aid for Netherlands unit; to submit proposal

After securing a funding in the UK, Tata Steel is looking for a financial aid from the Netherlands government to execute its decarbonization plans. In October 2021, Tata Steel completed the process of separating Tata Steel UK and Tata Steel Netherlands as two independent companies from Tata Steel Europe. "In Netherlands, we will shortly be submitting the detailed decarbonization proposal to the Dutch government seeking regulatory and financial support," Tata Steel CEO & MD TV Narendran said. Tata Steel Netherlands has been working intensely with Government of Netherlands on the contours of the decarbonization project covering emission and health standards. The detailed decarbonization proposal will shortly be submitted to Government of Netherlands seeking regulatory and financial support which is critical for the company's Dutch operations. Both parties will then discuss the detailed conditions of the project, a Tata Steel statement said. The board of Tata Steel will duly ...