The United States has pledged nearly $3 billion in additional security assistance for Ukraine to help fight Russia's invasion as well as enable the country to defend itself over the long term.
The latest aid package, under the Ukraine Security Assistance Initiative (USAI), was announced by President Joe Biden on Ukraine's Independence Day.
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Political News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.