Berliner Boersenzeitung - US, UK pledge economic aid, quick action over arms for Ukraine

EUR -
AED 3.879496
AFN 71.757131
ALL 98.290674
AMD 417.887896
ANG 1.9018
AOA 962.19481
ARS 1066.276545
AUD 1.623289
AWG 1.901191
AZN 1.790669
BAM 1.956221
BBD 2.130548
BDT 126.097119
BGN 1.955496
BHD 0.398091
BIF 3117.544274
BMD 1.056217
BND 1.418339
BOB 7.291534
BRL 6.349027
BSD 1.055222
BTN 89.103742
BWP 14.415032
BYN 3.452726
BYR 20701.856302
BZD 2.126947
CAD 1.478936
CDF 3031.34326
CHF 0.930847
CLF 0.037397
CLP 1031.892312
CNY 7.648385
CNH 7.65186
COP 4666.578649
CRC 538.923559
CUC 1.056217
CUP 27.989755
CVE 110.288197
CZK 25.256246
DJF 187.909524
DKK 7.457749
DOP 63.714608
DZD 140.858172
EGP 52.381867
ERN 15.843257
ETB 130.727772
FJD 2.392439
FKP 0.83369
GBP 0.831723
GEL 2.888761
GGP 0.83369
GHS 16.303429
GIP 0.83369
GMD 74.991114
GNF 9094.171116
GTQ 8.141712
GYD 220.69642
HKD 8.221192
HNL 26.698121
HRK 7.534271
HTG 138.343028
HUF 411.62262
IDR 16749.438885
ILS 3.844377
IMP 0.83369
INR 89.326608
IQD 1382.290743
IRR 44440.337179
ISK 145.662634
JEP 0.83369
JMD 166.256543
JOD 0.748964
JPY 158.47218
KES 137.044409
KGS 91.678667
KHR 4253.015353
KMF 492.725985
KPW 950.595042
KRW 1474.463336
KWD 0.324683
KYD 0.879385
KZT 540.393663
LAK 23158.871095
LBP 94493.975284
LKR 306.744519
LRD 189.41253
LSL 19.175133
LTL 3.118735
LVL 0.638895
LYD 5.148083
MAD 10.559821
MDL 19.321064
MGA 4927.036323
MKD 61.539109
MMK 3430.552129
MNT 3589.025847
MOP 8.458579
MRU 42.094249
MUR 49.061075
MVR 16.318516
MWK 1829.784866
MXN 21.549745
MYR 4.694896
MZN 67.47977
NAD 19.175133
NGN 1760.188127
NIO 38.829822
NOK 11.695973
NPR 142.568687
NZD 1.785644
OMR 0.406656
PAB 1.055227
PEN 3.959527
PGK 4.255016
PHP 61.998362
PKR 293.348201
PLN 4.29591
PYG 8229.730991
QAR 3.846309
RON 4.975707
RSD 116.952797
RUB 113.551418
RWF 1468.843714
SAR 3.968166
SBD 8.862286
SCR 14.639535
SDG 635.313851
SEK 11.524232
SGD 1.415088
SHP 0.83369
SLE 23.97376
SLL 22148.350702
SOS 603.026837
SRD 37.39538
STD 21861.562682
SVC 9.232942
SYP 2653.777147
SZL 19.183035
THB 36.181249
TJS 11.501983
TMT 3.707322
TND 3.333401
TOP 2.473766
TRY 36.641102
TTD 7.170508
TWD 34.330756
TZS 2788.413485
UAH 43.88443
UGX 3893.819002
USD 1.056217
UYU 45.199507
UZS 13574.148262
VES 49.890432
VND 26771.408202
VUV 125.396223
WST 2.948526
XAF 656.094999
XAG 0.034383
XAU 0.000397
XCD 2.854479
XDR 0.80717
XOF 656.094999
XPF 119.331742
YER 263.975043
ZAR 19.055409
ZMK 9507.222275
ZMW 28.463987
ZWL 340.101494
  • CMSC

    -0.0500

    24.52

    -0.2%

  • SCS

    -0.0700

    13.47

    -0.52%

  • BCC

    -2.0100

    146.4

    -1.37%

  • RIO

    0.2900

    62.32

    +0.47%

  • CMSD

    -0.0700

    24.36

    -0.29%

  • JRI

    0.1700

    13.41

    +1.27%

  • BCE

    0.3900

    27.02

    +1.44%

  • NGG

    0.5000

    63.33

    +0.79%

  • GSK

    0.3100

    34.33

    +0.9%

  • BTI

    0.2300

    37.94

    +0.61%

  • AZN

    0.8400

    67.2

    +1.25%

  • RYCEF

    0.1100

    6.91

    +1.59%

  • RBGPF

    1.0000

    62

    +1.61%

  • BP

    0.1700

    29.13

    +0.58%

  • VOD

    0.1100

    8.97

    +1.23%

  • RELX

    0.2400

    47.05

    +0.51%

US, UK pledge economic aid, quick action over arms for Ukraine
US, UK pledge economic aid, quick action over arms for Ukraine / Photo: Leon Neal - POOL/AFP

US, UK pledge economic aid, quick action over arms for Ukraine

The United States and Britain on Wednesday committed to provide nearly $1.5 billion in support for Ukraine and promised a swift answer to Kyiv's requests to ease restrictions on weapons capable of striking deeper into Russia.

Text size:

US Secretary of State Antony Blinken and UK Foreign Secretary David Lammy made a rare joint visit to Kyiv in a show of solidarity.

It came amid growing concern over the situation on the battlefield and the uncertain future of Washington's stance on the war.

Russia's alleged acquisition of new short-range Iranian missiles threatens to ramp up Moscow's firepower, while November's US presidential election could result in a dramatic shift in the stance of Ukraine's top backer.

Blinken, who made the nine-hour train ride to Kyiv with Lammy, said the United States would offer $717 million in fresh economic aid to Ukraine.

About half of it will consist of US support to strengthen Ukraine's electricity infrastructure, which has been pounded by Russia just as winter sets in.

Blinken accused Russian President Vladimir Putin of dusting off "his winter playbook" to "weaponise the cold against the Ukrainian people".

"Our support will not wane, our unity will not break," Blinken told reporters in Kyiv.

"Putin will not outlast the coalition of countries committed to Ukraine's success, and he is certainly not going to outlast the Ukrainian people."

Lammy reiterated his Labour government's pledge to provide £600 million ($782 million) in economic assistance to Ukraine.

Britain, which has consistently pushed to ease restrictions on Ukraine's use of weapons, would provide hundreds of new air-defence missiles to Ukraine this year, he added.

- Russian advances -

Russia has been advancing on the key logistics hub of Pokrovsk in the eastern Donetsk region, a month after Kyiv launched a shock counter-offensive into Russia's Kursk region.

President Volodymyr Zelensky has stepped up his requests to the West in recent months to provide weapons with more firepower and fewer restrictions.

In an online post on Wednesday evening, noting he had had "very substantive" talks with Blinken and Lammy, he thanked both countries for their support.

But he added: "It is important that Ukrainian arguments are heard.

"This includes the long-range weapons, the supply of combat brigades on the front lines, and the overall strategy for achieving a just peace."

Earlier, Foreign Minister Andriy Sybiga told journalists: "It is important to lift any restrictions on the use of US and British weapons against legitimate military targets in Russia."

Blinken said Washington would look at the requests "with urgency". They would be discussed on Friday in Washington when President Joe Biden meets UK Prime Minister Keir Starmer, he said.

Biden, while strongly supportive of Ukraine, has previously made clear he wants to avoid devolving into direct conflict between the United States and Russia, the world's two leading nuclear powers.

- 'Appropriate response' -

Asked how Moscow would respond to expanded missile ranges, Kremlin spokesman Dmitry Peskov on Wednesday told reporters that the response "will be appropriate", without providing specific details.

The authorisation of Ukrainian strikes on Russian territory would serve as "further proof" of why Moscow launched its offensive, which he said was itself an "answer" to the West's support for Ukraine.

Washington said it believed that Russia could start firing short-range Iranian-made missiles into Ukraine within weeks.

Cash-strapped Iran went ahead with the sale of the missiles despite repeated warnings from Western powers, which on Tuesday announced fresh sanctions against Tehran.

The United States earlier this year cleared Ukraine to use Western weapons to hit Russian forces when in direct conflict across the border.

British media reports said Biden was set to end objections to letting Ukraine fire long-range Storm Shadow missiles into Russia.

One key request by Ukraine is to loosen restrictions on US-supplied Army Tactical Missile Systems, or ATACMS, which can hit targets up to 300 kilometres (190 miles) away.

Both Republican and Democratic members of Congress have pushed Biden to move quickly on the ATACMS issue.

Trump aides have suggested that if he wins, he would leverage aid to force Kyiv into territorial concessions to Russia to end the war.

At a debate on Tuesday with Harris, Trump -- who in the past has voiced admiration for Putin -- notably did not say he wanted Ukraine to win, only that he wanted to end the war quickly.

(K.Lüdke--BBZ)