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Biden Seeks $33 Billion More For Ukraine, Girding For Longer War - Foreign Affairs - Nairaland

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Biden Seeks $33 Billion More For Ukraine, Girding For Longer War by sapientia(m): 5:31pm On Apr 28, 2022
Request includes $20.4 billion for military and security

Biden wants authority to seize, sell Putin allies’ assets

WASHINGTON — President Joe Biden has asked Congress for $33 billion to fund both humanitarian and military aid to Ukraine through September of this year, he said Thursday.

The massive aid package is accompanied by a proposal to Congress that it amend several longstanding criminal laws to make it easier for the U.S. to sell off the seized assets of sanctioned Russian oligarchs.

The $33 billion includes a request for $20.4 billion in additional security and military assistance for Ukraine, as well as additional money to fund U.S. efforts to bolster European security in cooperation with NATO allies.

“It’s not cheap. But caving to aggression is going to be more costly if we allow it to happen,” Biden said Thursday.

“We either back the Ukrainian people as they defend their country, or we stand by as the Russians continue their atrocities and aggression in Ukraine every day,” said Biden.

The administration said this is intended to equip Kyiv and European partners with additional artillery, armored vehicles and anti-armor and anti-air capabilities, accelerate cyber capabilities and advanced air defense systems, and help clear landmines and improvised explosive devices.

Another portion of the $33 billion is a sum of $8.5 billion to help support the Ukrainian economy.

That total will help fund Ukraine’s government, support food, energy, and health care services for the Ukrainian people, and counter Russian disinformation and propaganda narratives, Biden said.

Part of it is also intended to support small- and medium-sized agricultural businesses during the fall harvest, and for natural gas purchases.

This money is likely to come in the form of direct financial assistance, a relatively rare form of international aid.

Most foreign assistance is things that have already been purchased, like weapons and food. It can also come in the form of expertise, aid workers, or loans. Rarely is direct economic support provided. This makes it the closest thing to cash from one government to another.

Biden said the direct U.S. aid to Ukraine’s economy is “going to allow pensions and social support to be paid to the Ukrainian people, so that they have something in their pocket.”

Another $3 billion will help provide more traditional humanitarian assistance in the form of wheat and other commodities to people outside Ukraine who have been hurt by the dramatic rise in the price of food caused by Russia’s blockade of Ukrainian ships that would otherwise be exporting millions of metric tons of grain around the world.

The supplemental budget request to Congress is expected to win broad support among Republicans and Democrats, even as it pushes the total American expenditure in Ukraine past $36 billion in just 9 months.

The other part of Biden’s package Thursday is a broad set of proposals to Congress to change current laws to make it easier for the Treasury and State Departments to follow through on the hundreds of individual sanctions that have been imposed on Russian oligarchs, companies and government officials since the start of the war.

Under federal law, in order to sell off seized assets, prosecutors must first show that they are the proceeds of a crime. Currently, being a sanctioned Russian oligarch isn’t a crime.

Legal scholars have noted that without a crime, oligarchs could sue for the return of their property, and would stand a good chance of winning in court. Under Biden’s proposal, Congress would create a new federal offense of knowingly possessing proceeds directly obtained from corrupt dealings with the Russian government.

The two-part request to Congress comes as the war enters its third month and as U.S. military leaders say their strategic objectives in Ukraine are shifting to reflect a medium-term goal and a long-term goal.

In the immediate future, the aim is to arm Ukrainian forces so that they can secure an outright victory in the war by expelling Russia from Ukraine entirely.

But longer term, the U.S. now seeks more broadly to weaken Russia’s entire power structure by tying up its troops in a war of attrition while crippling its economy with sanctions and trade embargoes .

https://www.wsj.com/articles/white-house-requests-additional-33-billion-in-ukraine-aid-11651156227

https://www.bloomberg.com/news/articles/2022-04-28/biden-to-request-33-billion-in-emergency-funding-for-ukraine

https://www.reuters.com/world/biden-looks-congress-oligarchs-more-cash-help-ukraine-2022-04-28/


mukina2, HumbledbYGrace, osystein
Re: Biden Seeks $33 Billion More For Ukraine, Girding For Longer War by sapientia(m): 5:31pm On Apr 28, 2022
USA have left Ukraine crew

Food is ready

Putin is already eating so be fast and join us
Re: Biden Seeks $33 Billion More For Ukraine, Girding For Longer War by Nobody: 6:23pm On Apr 28, 2022
33 billion chaii the west as finally declear war on russian indirectly ....
Re: Biden Seeks $33 Billion More For Ukraine, Girding For Longer War by VictorUSA(m): 6:34pm On Apr 28, 2022
The US is directly gaining in this war.The aim and objective of the US is to bring down Russia by draging the war in Ukraine.The US can make calculations that seems like magic.
Re: Biden Seeks $33 Billion More For Ukraine, Girding For Longer War by omis1(m): 6:55pm On Apr 28, 2022
The usa are ready to bankroll ukraine for years while planning to move away from Russia oil slowly and steady . By d time d war would be over Russia would be brought to her kneels and ukraine would have top 5 military in Europe
Re: Biden Seeks $33 Billion More For Ukraine, Girding For Longer War by omis1(m): 6:56pm On Apr 28, 2022
The usa are ready to bankroll ukraine for years while planning to move away from Russia oil slowly and steady . By d time d war would be over Russia would be brought to her kneels and ukraine would have top 5 military in Europe .
Re: Biden Seeks $33 Billion More For Ukraine, Girding For Longer War by chronique(m): 7:03pm On Apr 28, 2022
omis1:
The usa are ready to bankroll ukraine for years while planning to move away from Russia oil slowly and steady . By d time d war would be over Russia would be brought to her kneels and ukraine would have top 5 military in Europe

But that isn't happening anytime soon. What will eventually happen is that russia focuses more on doing business with the Asia, the Middle east and Africa. Currently, the sanctions are not working and I think I read a report somewhere that said Russia has exported more oil and made more income from oil this period than before. It is not going to be sustainable in the long run for the global economy cos the inflation rate that keeps going up globally as a result of this war would get to a point where citizens would start revolting in all the countries affected. To be honest, peace is the only option.
Re: Biden Seeks $33 Billion More For Ukraine, Girding For Longer War by omis1(m): 7:10pm On Apr 28, 2022
chronique:


But that isn't happening anytime soon. What will eventually happen is that russia focuses more on doing business with the Asia, the Middle east and Africa. Currently, the sanctions are not working and I think I read a report somewhere that said Russia has exported more oil and made more income from oil this period than before. It is not going to be sustainable in the long run for the global economy cos the inflation rate that keeps going up globally as a result of this war would get to a point where citizens would start revolting in all the countries affected. To be honest, peace is the only option.
Sanction doesn’t work immediately,give it few months from now ,Russia biggest oil consumers are Europe countries.
Except from China most of Russia so called allies don’t even have d purchasing power of uk not to talk of Germany who are there biggest customers and d rest of Europe .
Pootin is even willing to sell to China and india with discount compared to Germany and d rest of Europe who buy without discount.
I hope d war stops soon but by d end of d year when Europe moves on from Russia gas and oil it won’t be funny for Russia economy.
Re: Biden Seeks $33 Billion More For Ukraine, Girding For Longer War by oluobi(m): 7:10pm On Apr 28, 2022
omis1:
The usa are ready to bankroll ukraine for years while planning to move away from Russia oil slowly and steady . By d time d war would be over Russia would be brought to her kneels and ukraine would have top 5 military in Europe .

By the time the war is over, Ukraine would be in ruins. The country is the theatre of war between Russia and NATO. When two elephants(Russia and NATO) fight, the grass(Ukraine) suffers.
Re: Biden Seeks $33 Billion More For Ukraine, Girding For Longer War by chronique(m): 7:17pm On Apr 28, 2022
omis1:

Sanction doesn’t work immediately,give it few months from now ,Russia biggest oil consumers are Europe countries.
Except from China most of Russia so called allies don’t even have d purchasing power of uk not to talk of Germany who are there biggest customers and d rest of Europe .
Pootin is even willing to sell to China and india with discount compared to Germany and d rest of Europe who buy without discount.
I hope d war stops soon but by d end of d year when Europe moves on from Russia gas and oil it won’t be funny for Russia economy.

It will take years for them to do that. As a matter of fact, it's almost impossible in the next five years cos some of the countries where they intend to go and buy from, already have subsisting contracts to other countries. It's not like those ones have idle gas and oil sitting somewhere and waiting for buyers. Besides, some of them are already operating at optimal capacity. And then again, the logistics of building gas pipelines would take not less than 3 years to achieve. In the event that those suppliers have to leave their current customers to supply Europe, those customers would in turn have to look elsewhere and that's where Russia also comes in. Like I said, the only solution out is peace.
Re: Biden Seeks $33 Billion More For Ukraine, Girding For Longer War by omis1(m): 7:19pm On Apr 28, 2022
oluobi:


By the time the war is over, Ukraine would be in ruins. The country is the theatre of war between Russia and NATO. When two elephants(Russia and NATO) fight, the grass(Ukraine) suffers.
maybe but usa and Canada are already proposing to use Russia seized foreign reserve to rebuild ukraine,I expect all other Europe countries that hold Russia asset to follow suit.
Ukraine would lose people and property but the buildings would be replaced u can’t replace human life so I hope d war ends soon
Re: Biden Seeks $33 Billion More For Ukraine, Girding For Longer War by omis1(m): 7:23pm On Apr 28, 2022
chronique:


It will take years for them to do that. As a matter of fact, it's almost impossible in the next five years cos some of the countries where they intend to go and buy from, already have subsisting contracts to other countries. It's not like those ones have idle gas and oil sitting somewhere and waiting for buyers. Besides, some of them are already operating at optimal capacity. And then again, the logistics of building gas pipelines would take not less than 3 years to achieve. In the event that those suppliers have to leave their current customers to supply Europe, those customers would in turn have to look elsewhere and that's where Russia also comes in. Like I said, the only solution out is peace.
One thing I know is slowly europe would move on from Russia oil,am sure they are already planning it, Germany prime minister said it’s gonna take til d end of d year.
I hope d war is over soon and peace returns to d world

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