President Joe Biden has sought urgent budget funding for Israel and Ukraine to strengthen their security needs.
"I'm going to send to Congress an urgent budget request to fund America's national security needs, to support our critical partners, including Israel and Ukraine," Biden said in an address to the nation Thursday night.
Biden made the speech from the Oval Office within hours of returning from his brief visit to the Israeli war zone.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.