Berliner Boersenzeitung - US Senate votes to start work on Ukraine aid in shock turnaround

EUR -
AED 4.090634
AFN 75.73214
ALL 98.952997
AMD 431.556558
ANG 2.007321
AOA 1042.98536
ARS 1078.636775
AUD 1.630475
AWG 2.00746
AZN 1.896131
BAM 1.947187
BBD 2.248853
BDT 133.101277
BGN 1.951999
BHD 0.419779
BIF 3225.301057
BMD 1.113709
BND 1.431468
BOB 7.695994
BRL 6.095437
BSD 1.113774
BTN 93.1552
BWP 14.578843
BYN 3.644978
BYR 21828.694998
BZD 2.24509
CAD 1.500645
CDF 3190.775801
CHF 0.946112
CLF 0.036789
CLP 1015.135062
CNY 7.831379
CNH 7.831423
COP 4675.350082
CRC 576.853685
CUC 1.113709
CUP 29.513287
CVE 110.635599
CZK 25.156428
DJF 197.928369
DKK 7.457507
DOP 67.268713
DZD 147.485423
EGP 54.068334
ERN 16.705634
ETB 133.728637
FJD 2.447765
FKP 0.848155
GBP 0.835633
GEL 3.034845
GGP 0.848155
GHS 17.652709
GIP 0.848155
GMD 76.292597
GNF 9603.512382
GTQ 8.609917
GYD 232.981586
HKD 8.669372
HNL 27.697739
HRK 7.572119
HTG 147.019714
HUF 395.433176
IDR 16904.096858
ILS 4.168473
IMP 0.848155
INR 93.122716
IQD 1458.958696
IRR 46878.789002
ISK 150.495371
JEP 0.848155
JMD 174.428481
JOD 0.789285
JPY 160.98555
KES 143.668504
KGS 93.767259
KHR 4538.363772
KMF 492.204
KPW 1002.337404
KRW 1487.141125
KWD 0.340105
KYD 0.928215
KZT 532.768284
LAK 24593.476168
LBP 99788.320119
LKR 335.087865
LRD 215.920326
LSL 19.311307
LTL 3.288493
LVL 0.673672
LYD 5.290147
MAD 10.772892
MDL 19.38569
MGA 5061.806935
MKD 61.319002
MMK 3617.283156
MNT 3784.382889
MOP 8.933267
MRU 44.23642
MUR 50.829976
MVR 17.10677
MWK 1933.398669
MXN 21.826689
MYR 4.600775
MZN 71.11018
NAD 19.311818
NGN 1843.901072
NIO 40.956685
NOK 11.772477
NPR 149.046748
NZD 1.775811
OMR 0.428734
PAB 1.113784
PEN 4.199775
PGK 4.362676
PHP 62.475747
PKR 309.444247
PLN 4.269072
PYG 8680.604618
QAR 4.054735
RON 4.97516
RSD 117.082021
RUB 103.016701
RWF 1484.574002
SAR 4.178678
SBD 9.254622
SCR 16.237574
SDG 669.893037
SEK 11.342786
SGD 1.435537
SHP 0.848155
SLE 25.445245
SLL 23353.913649
SOS 635.927757
SRD 33.917448
STD 23051.52625
SVC 9.74598
SYP 2798.227023
SZL 19.311682
THB 36.428861
TJS 11.856411
TMT 3.897981
TND 3.405168
TOP 2.608419
TRY 38.050422
TTD 7.578547
TWD 35.598037
TZS 3029.288195
UAH 45.928166
UGX 4112.808542
USD 1.113709
UYU 46.91292
UZS 14216.494154
VEF 4034469.101433
VES 40.944898
VND 27391.671096
VUV 132.221761
WST 3.115559
XAF 653.074236
XAG 0.035
XAU 0.000419
XCD 3.009854
XDR 0.823956
XOF 656.524309
XPF 119.331742
YER 278.770236
ZAR 19.227079
ZMK 10024.720301
ZMW 29.543458
ZWL 358.613821
  • CMSC

    0.0400

    25.14

    +0.16%

  • RBGPF

    -0.6200

    59.48

    -1.04%

  • GSK

    -0.2150

    40.765

    -0.53%

  • SCS

    -0.2200

    12.9

    -1.71%

  • RELX

    -0.1050

    48.425

    -0.22%

  • NGG

    0.0500

    70.16

    +0.07%

  • BP

    -1.0200

    31.81

    -3.21%

  • RIO

    0.3300

    67.75

    +0.49%

  • AZN

    0.5400

    77.41

    +0.7%

  • RYCEF

    0.0000

    7.07

    0%

  • BTI

    -0.0750

    38.025

    -0.2%

  • CMSD

    -0.1100

    25.01

    -0.44%

  • BCE

    -0.2100

    34.92

    -0.6%

  • BCC

    -3.8350

    137.945

    -2.78%

  • JRI

    -0.0550

    13.365

    -0.41%

  • VOD

    0.0010

    10.091

    +0.01%

US Senate votes to start work on Ukraine aid in shock turnaround
US Senate votes to start work on Ukraine aid in shock turnaround / Photo: ANDREW CABALLERO-REYNOLDS - AFP/File

US Senate votes to start work on Ukraine aid in shock turnaround

US senators cleared a first hurdle Thursday to a sweeping foreign aid package -- including a $60 billion lifeline for Ukraine -- although opposition from right-wing allies of Republican presidential candidate Donald Trump means final passage remains far from guaranteed.

Text size:

The procedural vote to at least consider the bill nevertheless marked a stunning about-face by Senate Republicans. Until now they had refused to renew funding for Ukraine's fight against Russian invasion if Democrats didn't also agree to stringent new curbs on a record surge of undocumented migrants across the US-Mexican border.

The $95 billion package set to be debated also includes funding for Israel's fight against Hamas militants and for key strategic ally Taiwan. The lion's share, however, would help pro-Western Ukraine restock depleted ammunition supplies, weapons and other crucial needs as it enters a third year of war.

The aid had looked dead in the water after Republicans rejected an earlier version on Wednesday that also featured many of the Mexico border security measures they had spent months championing.

Under pressure from Trump, who is running for a second term and wants to exploit President Joe Biden's perceived weakness on immigration, Republicans instead appeared to decide that they would prefer stopping any border reforms until after November's election.

But Republican senators relented in a dramatic vote Thursday after the Democrats, who have a slim majority in the upper chamber, decoupled the aid from the border issue entirely.

The procedural vote, which could open the way for a full vote in the coming days, capped an extraordinary spate of chaos in a deeply polarized Congress.

The two parties are able to agree on little ahead of the elections. However, much of the dysfunction has been blamed directly on Trump, who looks almost certain to be the Republican standard-bearer in November despite losing the presidency to Biden in 2020 and being embroiled in criminal charges.

- 'Real solutions' -

Senate Republicans originally demanded border security as a condition for supporting pro-Western Ukraine as it battles the invasion launched by President Vladimir Putin in February 2022.

But Trump is running for a return to the White House on a platform centered around accusing Biden of failing to resolve the border issue.

A hard-fought bipartisan compromise -- combining Ukraine and Israel aid with some of the toughest immigration curbs in decades -- was initially celebrated as a breakthrough on some of the most consequential issues facing the country.

However, the plan collapsed within days of its weekend release, as Trump warned lawmakers to reject it.

The new foreign-aid-only bill could still fail, with Senate Republicans divided between traditional conservatives and Trump's allies, who are against any action on the border before November's election and also oppose Ukraine aid.

Even if the foreign aid advances from the Senate, it would still have to pass through the much more Trump-friendly House of Representatives.

Republican House Speaker Mike Johnson has not revealed whether he would be willing even to put a foreign aid-only bill on the floor for a vote.

And heated negotiations are taking place with House Republicans seeking to impeach Homeland Security Secretary Alejandro Mayorkas, who has become the main target for right-wing attacks over the border crisis.

"After earning the title of least productive Congress since the Great Depression, the House Republican chaos conference is back this year racking up loss after loss," said Democratic National Committee rapid response director Alex Floyd.

"Instead of focusing on real solutions to secure the border that have support from border patrol agents and Americans on both sides of the aisle, House Republicans have spent this week backtracking on their words and undermining their own professed priorities in order to do the bidding of Donald Trump."

(L.Kaufmann--BBZ)