President Joe Biden has announced that the United States would be delivering 31 Abrams Tanks to Ukraine as the country heads into a new phase of its war against Russia.
“With spring approaching, the Ukrainian forces are working to defend the territory they hold and preparing for additional counter-offensive,” President Biden said. “To liberate their land, they need to be able to counter Russia’s evolving tactics and strategy on the battlefield in the very near term.”
Biden explained that the tanks are some of the “most capable in the world,” they would improve Ukraine’s ability to fight in open terrain, and give them “an enduring capability to deter and defend against Russian aggression.”
The announcement was accompanied by Germany’s decision to send 14 Leopard 2 A6 tanks to the nation as well.
“Germany supports Ukraine in defending against Russia’s aggression,” German Chancellor Olaf Scholz said Wednesday. “We are supplying Leopard 2 tanks in close cooperation with our international partners.”
Ukrainian President Volodymr Zelenskyy expressed gratitude to the Biden administration following Wednesday’s announcement.
“It’s an important step on the path to victory,” Zelenskyy said on Twitter. “Today the free world is united as never before for a common goal — liberation of Ukraine.”
However, it will likely be months before any tanks are delivered to the front and Ukrainian troops get fully trained to use the complex weapons.
Stocks are falling in early trading on Wall Street Thursday, but the losses are more subdued than the wild swings that have dominated recent weeks. At least for now.
President Trump outlined a plan to alleviate interest on student loans held by federal agencies, but the details on how people can access the economic relief during the COVID-19 outbreak remains elusive.
The Dow Jones lingered below the 20,000 marks, a third of what it was a month ago, when it closed at a record high of 29,551.42 on Feb. 12
The 2020 count was just getting started when COVID-19 hit America's shores. Now the federal agency plans to continue while preparing a contingency plan if the situation changes.
As the U.S. struggles to ramp up testing and respond to the spread of novel coronavirus within the nation’s borders, the president announced a series of stepped-up efforts to help the country and individuals.
The world's top oil-producing countries — and some GOP lawmakers — are effectively pleading with Saudi Arabia to end its price war with Russia, which has sent prices plummeting to four-year lows.
Stock trading has been halted for the fourth time this month Wednesday as S&P 500 drops 7%.
These are the headlines you Need 2 Know for Wednesday, March 18, 2020.
In a memorandum issued Wednesday, Treasury is calling for two $250 billion cash infusions to individuals: A first set of checks issued starting April 6, with a second wave in mid-May.
Stocks are falling sharply on Wall Street in early trading as fears spread that the coronavirus is causing a global recession.
