President Joe Biden has announced a new package of military assistance that includes significant air defense capabilities to help Ukraine protect its people from Russia's continued aerial attacks.
The $325 million arms package was announced just after Russia launched another wave of airstrikes against five cities in Ukraine that hit critical civilian infrastructure and knocked out power in many parts of the country.
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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.