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Many European countries have also given more as a proportion of their GDP than the US has. AP Photo/Peter DejongIn early 2023, France became the first Western country to promise to send Ukraine Western armored combat vehicles. European countries have also led in letting Ukraine use Western weapons to hit military targets in Russia. But there are still hangups, and some European countries want partner support for Ukraine to go much further. He said that for most Americans, "if you ask them to name five European countries, they probably wouldn't be able to do it."
Persons: , Vladimir Putin's, George Barros, Russia doesn't, Ukraine's, Joe Biden, Volodymyr Zelenskyy, Peter Dejong, Bradleys, Abrams, Davis Ellison, John Hamilton, Russia didn't, Ellison, Donald Trump, Mark Cancian, Kaja, Andrew Kravchenko Barros, Ingrida Šimonytė, Putin, Barros, It's, forwardness, Philip Ingram, Ingrida Simonyte, Denys Shmyhal, it's, Getty Images Ingram, Biden, JD Vance, it'll Organizations: Service, Kyiv, Business, High Mobility Artillery Rocket Systems, Mirage, AP, Ukraine Western, US, Army Tactical Missile Systems, Storm Shadows, The Hague, Strategic Studies, Army Tactical Missile, Russian, NATO, Marine, Center for Strategic, International Studies, Eastern, Estonia's, Lithuanian, REUTERS, British Army, Ukrainian Governmental Press Service, Anadolu, Getty Images, Republican, America, GOP, Ukraine, Prosecutor's, Getty, White Locations: Russia, Ukraine, Washington, Europe, United States, Russian, Denmark, Netherlands, Norway, Belgium, European, Sweden, France, Paris, Kharkiv, Poland, Germany, Zhytomyr, Kyiv, Borodianka, Ukraine's Kyiv, Ukrainian
CNN —Former President Donald Trump said he “had a very good phone call” with Ukrainian President Volodymyr Zelensky on Friday. It also comes amid concerns in Europe about what Trump’s policy toward the Russia-Ukraine war would be if he were to win the presidential election in November. “President Zelenskyy of Ukraine and I had a very good phone call earlier today. Trump and Zelensky also have their own history. Last week, when Zelensky was in the US, he said that “everyone is waiting for November,” including Putin.
Persons: Donald Trump, , Volodymyr Zelensky, Trump, Zelenskyy, ” Trump, Zelensky, ” “, , ” Zelensky, Russia –, Joe Biden, Hunter, Putin, Biden, Kylie Atwood, Mariya Knight Organizations: CNN, White, Republican, Republican National Convention, Kyiv, NATO, Trump, White House, Ukraine Locations: Europe, Russia, Ukraine, United States, Pennsylvania, American, Kyiv, Washington
JD Vance speaks at the Republican National Convention in Milwaukee, on July 17. Will Lanzoni/CNNMany of America’s closest allies were already dreading the prospect of Donald Trump’s return to the White House. Now that the former president has picked JD Vance as his running mate, they potentially have a lot more to worry about. By choosing Vance, Trump has sent a clear signal that, if elected, his America-first foreign policy will be back in force. His nomination puts an end to the hopes by some of America’s allies that Trump might soften his foreign policy stance if reelected.
Persons: Vance, Will Lanzoni, America’s, Donald Trump’s, JD Vance, Trump, Organizations: Republican National Convention, CNN, Trump, NATO, Labour, Munich, Conference, East Locations: Milwaukee, America, Ohio, Ukraine, Russia, United Kingdom, East Asia, China
"We cannot let the challenges of the recent past define our relationships of the future," Starmer said in a Wednesday statement from Downing Street. It comes as the specter of a second presidency from Republican candidate Donald Trump looms heavy over Europe after an assassination attempt over the weekend buoyed support for the former president. Both Trump and his newly announced running mate JD Vance have indicated that continued support for Europe — and in particular Ukraine — are not guaranteed under a second Trump administration. The Republican presidential nominee has repeatedly lambasted the continent's lack of defense spending, and has threatened to pull out of NATO, while Vance has shown ambivalence over U.S. intervention in foreign affairs. In anticipation, European NATO members have been upping their defense spending, including a new commitment from Starmer to spend 2.5% of U.K. gross domestic product (GDP) on defense.
Persons: Keir Starmer, John Healey, George Robertson, Winston Churchill's, Starmer, Donald Trump, Trump, JD Vance, Vance Organizations: British, Defence, Downing, Labour, European Political, Republican, Europe —, NATO Locations: London, England, OXFORD, Europe, Winston, Blenheim, Oxfordshire, Ukraine
Tokyo CNN —America’s two most powerful allies in the Pacific are taking their defense ties to new heights amid increasing concerns over China’s assertiveness in the region and North Korean threats, Japan’s top general said Thursday. Yoshida called on Japan, South Korea and the United States to “demonstrate our strong unity domestically and globally to ensure regional peace and stability.”But bilateral cooperation between Japan and South Korea is the most noteworthy result of this week’s meeting in Tokyo. Kim said he and Yoshida “share a lot of the same thoughts,” an acknowledgment of the mutual perspective on the regional threat posed by China and North Korea. Last month, Japan and South Korea joined the US in the inaugural Freedom Edge in the Pacific, a military exercise that focused on ballistic missile and air defense, anti-submarine warfare and more. “Domestic politics remain complicated in Seoul and Tokyo, but policymakers and military professionals want to lock in coordinated responses to North Korea, Russia, and China before any major political changes occur in Washington,” Easley said.
Persons: Tokyo CNN —, China’s, CQ, Kim Myung, Yoshihide Yoshida, , Yoshida, South Korea’s Kim, Kim, Yoshida “, James Brown, Yoon Suk Yeol, Moon Jae, Brown, they’ve, Japan ”, Joe Biden’s, Biden, Joe Biden, Fumio Kishida, Camp David, Andrew Harnik, Lloyd Austin, , ” Leif, Eric Easley, ” Easley Organizations: Tokyo CNN, Joint Chiefs, CQ Brown, South, East, , Temple University, Tokyo ., Japan's, Camp, US, Korean, Japanese Defense Ministry, NATO, CNN, Ewha Womans University Locations: China, East China, South China, North Korea, , Russia, Japan, South Korea, United States, Tokyo, South, Seoul, Pacific, Camp, Singapore, Washington, Europe
Germany to slash military aid budget in blow to Ukraine
  + stars: | 2024-07-18 | by ( Sophie Kiderlin | In | ) www.cnbc.com   time to read: +3 min
Around 5.4 billion euros had been allocated to the fund in 2023, the budget outline shows. In recent years, large amounts of this section of the German budget has been allocated to support Ukraine following Russia's attack of the country. It also noted that Germany would continue to support Ukraine for as long as needed, in collaboration with its allies. The government had planned to re-allocate unused emergency debt, which was taken on during the Covid-19 pandemic, to its future spending plans. The German parliament will debate the draft budget when it returns from its summer break in September before it is finalized later in the year.
Persons: Christian Lindner, Donald Trump's, Sen, JD Vance, Olaf Scholz Organizations: Ukraine, CNBC, Reuters, Trump, Trump's, Military, NATO Locations: Germany, Ukraine, Russia
Milwaukee CNN —Donald Trump will pull off his greatest feat yet as Joe Biden confronts his darkest hour. The 45th president’s comeback will only be fully realized if he becomes the second one-term president to win a return to the White House in November. But that’s one reason why his campaign is pulling its punches on Biden in the hope he stays in the race. President Joe Biden gestures to reporters as he steps off Air Force One upon arrival at Dover Air Force Base on July 17, 2024. After Trump escaped the assassination attempt in Pennsylvania, his campaign has leveraged the aftermath to reshape his image.
Persons: Milwaukee CNN — Donald Trump, Joe Biden, Biden, Nancy Pelosi, Trump, , ” Biden, Adam Schiff —, it’s, Kent Nishimura, torpedoing, genuflected, Vladimir Putin, Biden –, JD Vance, ” Vance, Donald Trump, Donald J, ” “ Donald Trump, America’s, , Schiff, Pelosi, Democratic powerbroker, CNN’s Dana Bash, Jason Crow, Crow, Beau, Chrissy Houlahan, Houlahan, Chuck Schumer, Hakeem Jeffries, Andrew Bates, CNN’s Jeff Zeleny, “ He’s, ‘ Kamala can’t, , Kamala, Kamala Harris, “ It’s Organizations: Milwaukee CNN, Democratic, Trump, CNN, White House, GOP, Republican, Day, Senate, Blue, Air Force, Dover Air Force Base, Getty, Democratic Party, Trump GOP, Capitol, NATO, Ohio Republican, California Democrat, Colorado Democrat, , ABC News, Capitol Hill Democrats, Republican Party Locations: Delaware, California, Blue Wall, Pennsylvania, Michigan, Wisconsin, AFP, Milwaukee, Ukraine, Russia, America, Iraq, Bucks County, Biden’s, New York
Reuters —Germany plans to halve its military aid to Ukraine next year, despite concerns that US support for Kyiv could potentially diminish if Republican candidate Donald Trump returns to the White House. German aid to Ukraine will be cut to €4 billion ($4.35 billion) in 2025 from around €8 billion in 2024, according to a draft of the 2025 budget seen by Reuters. Germany has faced criticism for repeatedly missing a NATO target of spending 2% of its economic output on defense. Days after Russia’s 2022 invasion of Ukraine, Chancellor Olaf Scholz announced a “Zeitenwende” – German for historic turning point - with a €100 billion special fund to bring the military up to speed. The defense budget is set to receive a meagre €1.3 billion more than in 2024, far below the €6.7 billion requested by Pistorius.
Persons: Donald Trump, Christian Lindner, Trump, JD Vance, Olaf Scholz, Kay Nietfeld, Chancellor Olaf Scholz, Boris Pistorius, Pistorius . Scholz, Zelensky, John MacDougall, , , Ingo Gaedechens Organizations: Reuters, House, Group, German, Washington, Ukraine, Trump, NATO, Social Democrats, Greens, Defense, Getty, CDU Locations: Germany, Ukraine, , Europe, United States, Russia, Irpin, Kyiv, Berlin
EU Commission head von der Leyen elected for second term
  + stars: | 2024-07-18 | by ( ) www.cnbc.com   time to read: +2 min
Ursula von der Leyen reacts after being chosen President of the European Commission for a second term, at the European Parliament in Strasbourg, France, July 18, 2024. European Commission President Ursula von der Leyen was elected for a second term on Thursday after pledging to create a continental "defence union" and stay the course on Europe's green transition while cushioning its burden on industry. It will decide whether we shape our own future or let it be shaped by events or by others," von der Leyen said ahead of a secret ballot on her candidacy. Von der Leyen, a centre-right former German defence minister, pledged to create "a true European Defence Union", with flagship projects on air and cyber defence. Von der Leyen also promised a raft of climate policies including a legally-binding EU target to cut emissions 90% by 2040, compared to 1990 levels.
Persons: Ursula von der Leyen, von der, von der Leyen, Von der, Von der Leyen, Viktor Orban's, Vladimir Putin, Donald Trump Organizations: European Commission, Green, Russia, European Defence Union, Hungarian, Defence, NATO, U.S Locations: Strasbourg, France, Ukraine, Moscow, Europe, United States
"We're confronted by a deadly quartet of nations increasingly working together," he said, in comments reported by Sky News. The coalition described Moscow as having "shattered" peace and stability in the West and having "gravely undermined global security." Russia and North Korea deny arms transfers have taken place. Ian Bremmer, founder and president of Eurasia Group, said the latest NATO summit showed that the West and its opponents appeared to be positioning themselves in a "new Cold War posture." Russia, North Korea and Iran are already under substantial international sanctions, and those restrictions on trade and key sectors have arguably pushed them closer together.
Persons: George Robertson, We're, , Robertson, Russia's, Xi Jinping, Vladimir Putin, Pedro Pardo, Lin Jian, Ian Bremmer, Ed Arnold Organizations: State, Government, NATO, Government Summit, Washington DC, Anadolu, Getty, Sky News, Forum, International Cooperation, of, People, Afp, Ukraine, European Union, Eurasia Group, Alliance, European Security, International Security, Royal United Services Institute Locations: Washington, United States, Russia, China, North Korea, Iran, Beijing, Ukraine, Moscow, PRC, People's Republic of China, Europe
Read previewFormer President Donald Trump upended the election tradition of "balancing the ticket" when he picked Ohio Sen. JD Vance as his running mate. Vance, a former Trump critic turned MAGA stalwart, has voiced foreign policy views in lockstep with Trump. "I think Trump's tenure has shown that fears of abandonment or ignorance of politics in Asia are overblown," he said. US-China relations won't change much, whether it's Trump or Biden at the wheelEven though Trump started the US-China trade war, experts say that China won't be too bothered if he returns to the White House. AdvertisementFor one, the Biden administration has kept most of Trump's China tariffs in place.
Persons: , Donald Trump upended, Ohio Sen, JD Vance, MAGA, Asia that's, Vance, Trump, Dylan Loh, Loh, Chong Ja Ian, It's, it's Trump, Biden, NTU's Loh, Joe Biden hasn't, Kevin Chen, Mr Trump, Chen Organizations: Service, Trump, Business, Pacific, Asia, Nanyang Technological University, NTU, National University of Singapore, NATO, Democrat, Republican, NTU's, Rajaratnam, of International Studies Locations: Asia, lockstep, China, Ukraine, Europe, Japan, South Korea, Taiwan, Philippines, South China, France, Beijing, Pacific
Our campaign is not working through any scenarios where President Biden is not the top of the ticket. The delay stopped a draft letter circulating among House Democrats that, if made formal, would have exposed further cracks in the party. House Minority Leader Hakeem Jeffries and Senate Majority Leader Chuck Schumer both pushed the DNC to delay the process, multiple sources told CNN. Behind the scenes, the president is not as defiant as he is in public, multiple Democratic sources told CNN. “President Biden is the nominee of the party.
Persons: Joe Biden, Nancy Pelosi, Biden, Donald Trump, , Lloyd Austin, Ketanji Brown, ” Biden, Ketanji Brown Jackson, , Aaron Ford, Ford, , Quentin Fulks, Harris, Kamala Harris, Fulks, he’s, ” “, Pelosi, Biden’s, Volodymyr Zelensky, Putin ”, Trump ”, Lester Holt, Hakeem Jeffries, Chuck Schumer, ” “ He’s, ‘ Kamala can’t, , Kamala, “ It’s, ” Kevin Munoz, White, Andrew Bates, ” Bates, CNN’s MJ Lee, Annie Grayer, Donald Judd, Veronica Stracqualursi Organizations: Washington CNN, Democratic Party, CNN, Trump, BET, Las Vegas, Air Force, Secret Service, , White House, Biden, Democratic, Blue Rose Research, Democrats, NATO, House Democrat, NBC, Democratic National Committee, DNC, White Locations: Delaware, Rehoboth Beach , Delaware, Nevada, Milwaukee, Chicago, New Hampshire , Minnesota, New Mexico, Virginia, Maine, Washington
Vance was swift to name China the “biggest threat to our country,” in an interview with Fox News Monday as the RNC got underway. He’s made countering what Washington says is a security threat from China a cornerstone of his foreign policy, even as he’s worked to stabilize communications with Beijing. And Beijing – which is grappling with its own economic woes – may be preparing for more friction if Trump takes office. The substance of Biden’s China policy – in terms of sanctions, tariffs and competition – has not been that different from Trump’s, she noted, and Biden has been keener on strengthening alliances and coalitions to counter China together. “But the style of Biden’s China policy is more predictable and stabilizing.
Persons: Donald Trump, JD Vance, Vance, Joe Biden, , , ” Vance, Trump, China –, That’s, ’ Vance, Sergey Lavrov, Vance doesn’t, Marco Rubio, Xi Jinping, He’s, he’s, ” Brian Wong, Qilai Shen, Biden, They’ve, Cho Jung, ” Cho, Yun Sun, , keener Organizations: Hong Kong CNN, Republican, Republican National Convention, Chinese Communist Party, Foreign, Trump, NATO, Ukraine, Fox News, RNC, University of Hong Kong’s, Contemporary, of, People, Bloomberg, Getty, Communist Party, Bloomberg Businessweek, US, China’s Foreign Ministry, Stimson Center, World Trade Locations: Hong Kong, Ohio, Washington, China, Asia, Beijing, Europe, Ukraine, Russia, Russian, America, Florida, Contemporary China, Taiwan, Taipei, Taiwan Strait, Japan, South Korea, US
“Together we will make our allies share in the burden of securing world peace,” he said at the Republican National Convention in Milwaukee. “I think whoever wins the US race… it will be more America first,” Belgium’s Prime Minister Alexander De Croo told CNN. Europe needs to take care of its defense more.”Danish Prime Minister Mette Frederiksen argues Europe stepping up its commitment to its own security has nothing to do with the US. “We have to be more capable of defending ourselves, with a more and more aggressive Russia, not only when it comes to Ukraine,” she told CNN. Preserving European unity is critical to a long-lasting peace, he said.
Persons: JD Vance, , Vance, Donald Trump, Alexander De Croo, ” Finland’s, Alexander Stubb, , Sen, Will Lanzoni, Mette Frederiksen, Keir Starmer, Viktor Orban, Vladimir Putin, ” Orban, Ursula von der Leyen, Volodymyr Zelensky, Organizations: CNN, Republican, Republican National Convention, Munich, NATO, Trump, European Commission, EU, Ukraine Locations: Blenheim, Milwaukee, Ohio, Ukraine, Oxfordshire, Europe, States, Danish, Russia, Hungarian, Moscow, Ukrainian
President Joe Biden speaks during the NAACP National Convention in Las Vegas on Tuesday. Crow told the president that he needs to understand that voters aren’t seeing him that way. At one point, Biden told Crow, “I don’t want to hear that crap” and that if Crow wants to walk away from him, then he can walk away. Separately, Rep. Chrissy Houlahan, a Democrat from Pennsylvania, shared concerns with Biden that he was losing ground in her state. Biden pushed back, suggesting that he didn’t believe that, which prompted Houlahan to tell Biden that she had polling and it is what she is seeing.
Persons: Joe Biden, Tom Brenner, Jason Crow, Crow, Beau, Biden, Chrissy Houlahan, Houlahan, Organizations: NAACP, Reuters, House Democrats, Colorado Democrat, Army, NATO, Democratic Locations: Las Vegas, Afghanistan, Iraq, Pennsylvania
The speech sets out the agenda of Keir Starmer, who defeated Rishi Sunak's Conservatives in this month's election. Starmer also formalized plans to renationalize Britain’s rail network in the coming years, and to create a publicly-owned renewable energy company. At home, a number of institutions were targeted for modernization – most awkwardly, the very room in which Charles gave his speech. “The party opposite has successfully tapped into the public’s desire for change, but they must now deliver change,” Sunak said. Those arguments will intensify in the coming weeks, as Labour introduces its first bills to Parliament – beginning with three priority measures from the speech later this week.
Persons: CNN — Keir Starmer, , King Charles III, ” Starmer, Starmer, Keir Starmer, Rishi Sunak's, Dan Kitwood, Camilla, Black Rod –, Rishi Sunak, Kirsty Wigglesworth, Charles, Bill, , Theresa May, ” Sunak, Sunak Organizations: CNN, Commons, Labour, Tory, Conservative, Reform UK, Getty, Border Security Command, National Health Service, NATO, Locations: nationalize, Britain, Europe, Buckingham Palace, Westminster, Rwanda
CNN —Night three of the Republican National Convention has kicked off in Milwaukee. From CNN’s Haley BritzkyRep. Ronny Jackson’s false claim of ‘record-high inflation’Rep. Ronny Jackson of Texas claimed in his Republican National Convention speech on Wednesday that there has been “record-high inflation” under the Biden administration. From CNN’s Haley BritzkyRNC video falsely claims there was peace in the Middle East under TrumpA video played early in the Republican National Convention proceedings on Wednesday night claimed that the “strength” of President Donald Trump kept “the Middle East at peace.” Republican National Committee Chairman Michael Whatley had similarly claimed in his convention speech on Monday that the Middle East was “at peace” four years ago under Trump. Dana El Kurd, senior nonresident fellow at the Arab Center Washington DC think tank, also called that claim “false” when Trump made it. She said in a November email: “The Abraham Accords did not achieve peace in the Middle East.
Persons: Newt Gingrich, Trump, Biden, , Jennifer Hansler, Richard Grenell, Joe Biden “, , Joe Biden, ” Grenell, Donald Trump’s, , CNN’s Haley Britzky, Ronny Jackson’s, Ronny Jackson, Jackson, Biden –, Daniel Dale, Michael Whatley, “ They’ve, Charlie Dietz, Donald Trump, Abraham, Aaron David Miller, ” Miller, Dana El Kurd, Joe Biden’s Organizations: CNN, Republican National Convention, Trump Former Republican, Defense, Trump intel, National Intelligence, ISIS, United, Taliban, Afghanistan Reconstruction, Russian, Russian Navy, Pentagon, State Department, NATO, Trump, Republican, ” Republican National, Abraham Accords, United Arab Emirates, West Bank, Hezbollah, Carnegie Endowment, International, Arab Center Washington DC, The Defense News, Heritage Foundation Locations: Milwaukee, Afghanistan, United States, , Doha, Texas, Cuba, Russia, Ukraine, Havana , Cuba, Russian, Kazan, Havana, Bahrain, Israel, Morocco, Sudan, Yemen, Syria, Gaza, Lebanon, Iran, Iraq, Palestine, China, , America
“Anyone who thinks this is over is mistaken,” said one House Democrat about the ongoing conversations happening behind the scenes. The delay stopped a draft letter circulating among House Democrats that, if made formal, would have exposed further cracks in the party. ABC News’ Jonathan Karl reported earlier Wednesday that Schumer told Biden on Saturday that it would be best if Biden bowed out of the presidential race. At one point, Biden told Crow, “I don’t want to hear that crap” in addressing the lawmaker’s concerns. In response, Biden told Houlahan that his team would get her talking points about all of the things that he has done for Pennsylvania, reminding her that he married a Philly girl.
Persons: Joe Biden, , , Donald Trump, Lester Holt, Biden, Nancy Pelosi, , ” “ He’s, ‘ Kamala can’t, , Kamala, “ It’s, “ He’s, Hakeem Jeffries, Chuck Schumer, Adam Schiff, William B, Plowman, Lloyd Doggett of, Biden’s, , Jeffries, Jonathan Karl, Schumer, Joe Biden's, Mike Donlion, Steve Richetti, Jen O'Malley Dillon, Bonnie Cash, Kevin Dietsch, Joe, Andrew Bates, Jason Crow, Crow, Beau, you’ve, Annie Kuster, Chrissy Houlahan, Houlahan, Adam Smith, ” Smith, who’s, “ That’s, ” Biden, David Becker, Mike Levin, Democratic Sen, Chris Coons, CNN’s Pamela Brown, CNN’s Jeff Zeleny, Kayla Tausche, Pamela Brown Organizations: CNN, , House Democratic Caucus, Democratic, Democrat, NBC, Las Vegas, Trump, Republican National Convention, Democrats, Democratic Party, White, Biden, Democratic National Committee, DNC, Washington D.C, . California Democratic, Capitol, Democratic Caucus, Biden White House, ABC, Democratic Senatorial, Getty, ., U.S, ABC News, Schumer, House Democrats, Colorado Democrat, Army, NATO, Philly, Washington, 115th NAACP National, Congressional Hispanic Caucus, Congressional Progressive Caucus, Congressional Asian Pacific American Caucus, Delaware Democrat Locations: Delaware, Las, Milwaukee, Washington, Lloyd Doggett of Texas, Washington , DC, Washington ,, Afghanistan, Iraq, New Hampshire, Pennsylvania, Las Vegas
Read previewRussia has pulled its last Black Sea Fleet warship out from Crimea, according to a Ukrainian official. "The last patrol ship of the Russian Black Sea Fleet is leaving our Crimea right now. If true, it could mark the end of Russia's Black Sea Fleet presence around Crimea. Earlier this year, Ukraine's military claimed to have destroyed a third of Russia's Black Sea Fleet. Advertisement"Ukraine is slowly but steadily getting the upper hand in the Black Sea," he told BI, adding that Russia's Black Sea Fleet "has lost control of the Black Sea."
Persons: , Dmitry Pletenchuk, Pletenchuk, Ukraine didn't, Basil Germond, Germond, Vladimir Putin Organizations: Service, Fleet, Naval Forces of, Armed Forces of, Business, Armed Forces, Ukrainian, Sevastopol Naval Base, Black, UK's Ministry of Defence, Kyiv Independent, Lancaster University, Montreux Convention, NATO Locations: Russia, Crimea, Armed Forces of Ukraine, Russian, Ukrainian, Ukraine, Sevastopol, Kerch, Feodosia, Novorossiysk, Kyiv, Baltic, Northern
Gaelen Morse | ReutersRepublican presidential nominee Donald Trump's pick of Sen. JD Vance as his vice presidential running mate will have sent chills down spines in Kyiv Tuesday morning. Ash has previously questioned Vance's position on Ukraine and the suggestion that Europe should bear the responsibility of helping Ukraine to defend itself against Russia. Trump has always appeared ambivalent over the war in Ukraine and continuing aid. The comment was an ominous one for Ukraine, however, suggesting Trump could be tempted to pull the rug on further aid. "Donald Trump would mean a big break with a couple of NATO policies, in particular on the question of Ukraine and support to Ukraine.
Persons: JD Vance, Donald Trump, Gaelen Morse, Donald Trump's, Sen, Ohio Republican Vance, Volodymyr Zelenskyy's, Trump, Vance, Ukraine —, Vladimir Putin, Europe hasn't, Timothy Ash, Ash, Vance et, Volodymyr Zelensky, Mitch McConnell, Charles Schumer, Drew Angerer, Zelenskyy, Russia's Putin, Mikhail Klimentyev, Reuters Keen, ringfence, Guntram Wolff, Wolff, Putin Organizations: Republican, U.S, Reuters Republican, Kyiv Tuesday, Ohio Republican, Marines, Kyiv —, NBC News, Financial Times, NATO, BlueBay Asset Management, Russia, Capitol, Republicans, National Governors Association, Trump, Sputnik, Reuters, CNBC Locations: Youngstown , Ohio, Kyiv, Ukraine, U.S, Russia, Europe, Russian, United States, America, Washington ,, Utah, Osaka, Japan, Washington, Trump
Biden unveils plan to cap rent hikes
  + stars: | 2024-07-16 | by ( Samantha Delouya | ) edition.cnn.com   time to read: +5 min
That’s aimed at incentivizing new rental property construction to increase supply of apartments and homes for rent. “While the prior administration gave special tax breaks to corporate landlords, I’m working to lower housing costs for families,” Biden said in a statement. Some federal lands could be repurposed for housingBiden announced two additional efforts aimed at reining in high housing costs on Tuesday. During CNN’s presidential debate in June, Biden hinted at his new plan to address rent increases. There are currently 1.6 million units under construction in the US as of May, according to Federal Reserve data.
Persons: Joe Biden, That’s, ” Biden, Biden, Adrianne Todman, We’re, Organizations: CNN, Republicans, Joint Center for Housing Studies, Harvard University, Land Management, US Postal Service, Housing, Urban, NATO Summit, Housing Solutions Coalition, Mortgage Bankers Association, Federal Reserve Locations: Nevada, , Challanooga, Houston, Miami, Las Vegas , Syracuse, Trenton , New Jersey, Huntsville , Alabama, United States
CNN —Many of America’s closest allies were already dreading the prospect of Donald Trump’s return to the White House. Now that the former president has picked JD Vance as his running mate, they potentially have a lot more to worry about. By choosing Vance, Trump has sent a clear signal that, if elected, his America-first foreign policy will be back in force. “JD Vance does not appear to be interested in being a good ally to Europe,” Berzina said. I think Russia has incentive to come to the table right now.
Persons: America’s, Donald Trump’s, JD Vance, Vance, Trump, , Kristine Berzina, “ JD Vance, ” Berzina, Putin, Vance’s, , Sergey Lavrov, Lavrov, Volodymyr Zelensky, CNN’s Kaitlin Collins, Zelensky, Jose Luis Magana, China Vance, we’re, ” Vance, Trevor McCrisken, you’ve, Ukraine that’s, ” McCrisken, ” Sam Greene, Biden, Greene, Joe Biden, ” Greene, , Nikki Haley Organizations: CNN, Trump, NATO, Labour, Marshall Fund of, United, Munich, Conference, United Nations, Conservative Political, East, Fox News, New York Times, Patriot, University of Warwick, Republicans, Democratic, Center for, King’s College London, Republican, Republican Party Locations: America, Ohio, Ukraine, Russia, United Kingdom, United States, Washington, Europe, Russian, Munich, Oxon Hill, China, East Asia, Beijing, Taiwan, Asia, Czech, UN
Defense has historically outperformed when there's been a single party in control across Congress and the executive branch — in particular, the Republican Party, according to Wells Fargo analyst Matthew Akers. However, Akers believes the defense sector may not benefit if there's a Republican sweep this election cycle. Another two years of low growth for both defense and non-defense looks likely to us," Akers wrote in a Tuesday note. The firm said a Trump presidency is positive for the defense sector. The firm cited the Republican Party's platform, which highlights a "strong military," restoring peace and "made in America" defense systems.
Persons: there's, Wells, Matthew Akers, Donald Trump, Joe Biden, Akers, Trump, TD Cowen Organizations: GOP, Defense, Republican Party, Democrat, Republican, NATO, Ukraine, Caucus, China, Boeing, " Aircraft, Akers, U.S . Aerospace & Defense ETF, ITA Locations: Wells Fargo, U.S, China, America
Read previewUkraine is rapidly producing a variety of homemade weapons as its defense industry aims to meet the needs and demands of soldiers fighting on the front lines. But a senior official says Kyiv still needs more of a key ingredient to keep the arms flowing. Now, the country is cranking out its own drones, artillery, missiles, and more at a breakneck pace to supplement this inventory. Kamyshin said Ukraine will always be reliant on Western support because there's no one country that can outproduce Russia right now. Meanwhile, Ukraine is taking greater steps to further integrate its domestic defense industry with those of NATO and the European Union.
Persons: , Oleksandr Kamyshin, We've, Kmayshin, Paula Bronstein, Kamyshin, Pavlo Bahmut Organizations: Service, Business, NATO, Publishing, Getty Images, Neptune, Fleet, European Union Locations: Ukraine, Washington, Kyiv, Russia, North Korea, Iran, Moscow, Soviet, Ukrainian, Getty Images Ukraine, Russian, NATO, Western, Soviet Union, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump shooting showed the strength of American institutions despite the incident, says Kurt VolkerKurt Volker, Center for European Policy Analysis distinguished fellow and former U.S. Ambassador to NATO, joins 'Squawk Box' to discuss the response by foreign leaders to the assassination attempt of former President Trump, what it means for the 2024 election, potential implications of a Trump presidency, and more.
Persons: Kurt Volker Kurt Volker, Trump Organizations: Trump, Center for, U.S, NATO
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