US announces new $1bn Ukraine package featuring artillery, rockets and ammo


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US President Joe Biden on Wednesday called Ukraine's President Volodymyr Zelenskyy and vowed to provide an additional $1 billion in security assistance for the country as it seeks to stave off Russian forces in eastern battle zones.

The new aid package includes “additional artillery and coastal defence weapons as well as ammunition for the artillery and advanced rocket systems that the Ukrainians need to support their defensive operations in the Donbas”, Mr Biden said in a statement.

The weapons package includes for the first time launchers for vehicle-mounted Harpoon anti-ship missiles, people familiar with the matter said.

The US package also includes $320 million for secure radios and related equipment, $55m for thermal night-vision optics, and $16m for training, a person familiar with the decision said.

The funding comes from two separate US programmes or lines of authority. About $350m of the $1bn in weapons will come from existing stocks, including more 155mm howitzers and ammunition, more Guided Multiple Launch Rocket Systems and four M1089A1 recovery vehicles, a person familiar with the package said.

The announcement comes as Ukrainian officials plead for more advanced weapons to be delivered faster to fend off Russian advances in the east. Mr Zelenskyy said the war may stagnate if deliveries from Ukraine’s allies do not accelerate.

Nato ministers are meeting in Brussels, Belgium, with the almost four-month-old war at the top of their agenda.

US Secretary of Defence Lloyd Austin opened a meeting of the Ukraine Defence Contact Group on Wednesday pledging to maintain military support for Kyiv as it faces a “pivotal moment” on the battlefield.

“We can’t underestimate the challenge that Ukraine faces,” Mr Austin said at Nato headquarters Brussels. “Russia is using its long-range fires to try to overwhelm Ukrainian positions.”

Adam Smith, the Democratic chairman of the House of Representatives Armed Services Committee, praised the US effort to arm Ukraine before Mr Biden's announcement but also said the quantities of weapons and ammunition need to be increased.

“I also think we need to be giving more sophisticated systems, particularly when it comes to drones and long-range artillery,” Mr Smith said on Wednesday and added that he thinks the US has been “too cautious” so far.

The US has steadily ratcheted up support for Ukraine while batting away questions about how long the flow of aid will last and whether it would support any deal that included Ukraine ceding territory to Russia.

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Tips from the expert

Dobromir Radichkov, chief data officer at dubizzle and Bayut, offers a few tips for UAE residents looking to earn some cash from pre-loved items.

  1. Sellers should focus on providing high-quality used goods at attractive prices to buyers.
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  4. Be creative and look around your home for valuable items that you no longer need but might be useful to others.
How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

TRAP

Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue

Director: M Night Shyamalan

Rating: 3/5

Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
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While you're here

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

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Publisher: Konami

Platforms: PlayStation 5, Xbox Series X/S, PC

Rating: 4.5/5

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Results

Stage seven

1. Tadej Pogacar (SLO) UAE Team Emirates, in 3:20:24

2. Adam Yates (GBR) Ineos Grenadiers, at 1s

3. Pello Bilbao (ESP) Bahrain-Victorious, at 5s

General Classification

1. Tadej Pogacar (SLO) UAE Team Emirates, in 25:38:16

2. Adam Yates (GBR) Ineos Grenadiers, at 22s

3. Pello Bilbao (ESP) Bahrain-Victorious, at 48s

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

MATCH INFO

Euro 2020 qualifier

Russia v Scotland, Thursday, 10.45pm (UAE)

TV: Match on BeIN Sports 

Director: Shady Ali
Cast: Boumi Fouad , Mohamed Tharout and Hisham Ismael
Rating: 3/5

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The specs: 2018 Mazda CX-5

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Torque: 251Nm @ 4,000rpm
Transmission: Six-speed automatic
​​​​​​​Fuel consumption, combined: 7.1L / 100km

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What are NFTs?

Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.

You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”

However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.

This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”

This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.

While you're here
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Updated: June 15, 2022, 6:15 PM