The United States has announced an additional security assistance package worth $150 million to help Ukraine counter Russia's ongoing attacks.
This is the first tranche of U.S. military aid for Ukraine since President Joe Biden requested Congress to approve a supplemental funding to ensure Washington's continued support to its allies, mainly Israel and Ukraine.
The latest U.S. military aid, announced by the Department of Defense, aims to strengthen Ukraine's air defense capabilities against Russian forces' aerial strikes on its cities.
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Political 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.