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.
President Trump raised the possibility on Monday that missing and presumed-dead journalist Jamal Khashoggi may have been murdered by "rogue killers" from Saudi Arabia, a theory he floated to reporters after a phone call with Saudi King Salman.
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Larry Kudlow, director of the National Economic Council, isn't worried about the possible bankruptcy that former retail giant Sears is facing. He says the U.S. has a "dynamic economy," and that's part of the process.
The alleged murder of Washington Post journalist Jamal Khashoggi has major corporations rethinking their involvement in Saudi Arabia, even as President Trump avoids taking a stance. Jeanne Whalen, a reporter for the Washington Post, said this could be destructive to the Saudis' effort to diversify their economy as they move away from oil.
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Stocks rebounded at the market open Friday after a massive two-day sell-off. The Dow Industrials shot up by 400 points.
Stocks continued their slide in volatile trading Thursday. Some tech stocks rebounded, albeit slightly, while President Trump continued his attacks on the Fed.
After President Trump spoke out about the Fed on Wednesday, Rep. Tom Reed (R-NY) told Cheddar that he believes the U.S. is headed towards a debt crisis, if spending isn't brought under control soon.
Larry Kudlow, chief economic adviser to the president, told Cheddar's J.D. Durkin the administration remains bullish on the economy ー and he noted that the tech sector in particular was up 50 percent since President Trump's election, "even with this correction."
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