WEB DESK: President Joe Biden is ramping up efforts to counter Russia’s aggression. This week, Biden will unveil new sanctions targeting Russia’s economy, focusing on oil revenues that fuel Moscow’s war machine. The measures come as Biden’s administration transfers power to President-elect Donald Trump on January 20
$500 million military aid announced
In addition, the Biden administration confirmed around $500 million in military assistance to Ukraine, which will include air defense missiles, support equipment for F-16s and munitions. Allied unity was stressed by Defence Secretary Lloyd Austin while he was in Germany with 50 others to discuss the future defense of Ukraine.
Trump’s peace proposals raise concerns
Trump once again ascends to the White House, exciting hopes over diplomacy but harbored fears in Kyiv. A team of advisers have to this end mooted plans that would have Ukraine somehow conceding parts of its territory to Russia; this gets in the way of those sending signals to Ukrainian leaders, who would want to secure a better position on the battlefield before any negotiations begin.
Effects on the World
According to American officials, Ukraine must acquire from NATO security guarantees against future Russian offensives. Sanctions on Chinese and North Korean entities backing Russia are being drafted.
