The United States will release the latest tranche of military assistance to Ukraine worth $450 million, including additional long-range rocket systems, to help it fight the Russian attacks.
Secretary of State Antony Blinken said he is authorizing the thirteenth drawdown of arms and equipment from U.S. Department of Defense inventories for Ukraine's defense since August 2021. This will bring total U.S. security assistance to Ukraine to more than $6.1 billion since Russia's invasion of that country on February 24.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.