President Joe Biden has announced an additional $800 million in security assistance to Ukraine.
This is in addition to $200 million authorized on Saturday to keep a steady flow of weapons and ammunition moving to Ukraine, bringing the total U.S. security assistance committed to Ukraine to $1 billion within a week.
This assistance will take the form of direct transfers of equipment from the U.S. Department of Defense to the Ukrainian military to help them defend their country against Russian invasion, Biden said Wednesday.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.