The United States announced an additional $550 million security assistance package to bolster Ukraine's arms and ammunition in the fight against Russian invasion.
"Pursuant to a delegation of authority from the President, I am authorizing our seventeenth drawdown since August 2021 of up to USD 550 million in arms and equipment from US Department of Defense (DoD) inventories for Ukraine's self-defense," US Secretary of State Antony Blinken said in a statement.
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Political News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.