U.S. to send Ukraine $5.5 billion in new fiscal, military aid

U.S. to send Ukraine $5.5 billion in new fiscal, military aid

The $4.5 billion budgetary grant will fund urgent government needs including payments for pensions, social welfare and healthcare costs, bringing total U.S. fiscal aid for Ukraine to $8.5 billion since Russia’s February invasion, the U.S. Agency for International Development said.

The $1 billion arms package announced by the Pentagon is the largest single military package under President Joe Biden’s drawdown authority, including long-range rocket munitions and armored medical transport vehicles.

The fiscal and military aid packages – both first reported by Reuters on Monday – are drawn from a $40 billion aid package for Ukraine approved by Congress in May.

Overall, the United States has contributed more than $18 billion to Ukraine this year.

So-called Fiscal Conservatives on my FB timeline.

Amboys’ Anti-China Smears Exposed

By Herman Tiu Laurel

On July 17, 2022 the Philippine Daily Inquirer headlined a complete and total lie about China’s loan assistance to the Philippines, blaring loudly and shamelessly “’Debt trap avoided’; Marcos pushed to review China loans.” How Philippine mainstream media is allowed to publish such outright misinformation and disinformation is truly disgusting.

Amboys’ Anti-China Smears Exposed

Related:

The myth of PH bankruptcy and ‘Chinese debt slavery’

Afghanistan earthquake exposes disaster caused by decades of US occupation

by Jean Shaoul, WSWS, Jun 24 2022

A 6.1-magnitude earthquake in a remote area of Afghanistan has killed at least 1,000 people and injured at least 1,500. While the worst affected area is the mountainous Paktika province, deaths have also been reported in the eastern provinces of Khost and Nangarhar. Many more bodies are thought to be buried in mud as heavy rain hampers rescue efforts.

With the ever-expanding US war against Russia, the US is preparing to bring the type of devastation wrought upon Afghanistan and Iraq to Europe, at an even greater cost in lives and treasure.

Afghanistan earthquake exposes disaster caused by decades of US occupation

Larry Summers warns unemployment must rise to cool inflation

Ex-Treasury Secretary Larry Summers warned that millions of currently employed Americans must lose their jobs in order for the Federal Reserve to succeed in its bid to cool inflation.

Larry Summers warns unemployment must rise to cool inflation

Related:

Larry Summers Says US Needs 5% Jobless Rate for Five Years to Ease Inflation

Maybe he can ship some more jobs overseas [/sarcasm]?! I’d suggest shipping him, overseas, but I wouldn’t even wish that on my enemy!