Berliner Boersenzeitung - US Senate votes to start work on Ukraine aid in shock turnaround

EUR -
AED 4.120156
AFN 72.364884
ALL 90.803943
AMD 404.528384
ANG 2.007949
AOA 1029.898611
ARS 1734.077131
AUD 1.621035
AWG 2.022213
AZN 1.906081
BAM 1.955937
BBD 2.253758
BDT 138.979752
BGN 1.960881
BHD 0.42253
BIF 3354.750342
BMD 1.121894
BND 1.432207
BOB 13.298696
BRL 6.180617
BSD 1.118979
BTN 105.025369
BWP 15.374599
BYN 3.350535
BYR 21989.116896
BZD 2.250558
CAD 1.584148
CDF 2570.258612
CHF 0.919678
CLF 0.027618
CLP 1086.958598
CNY 7.486172
CNH 7.481113
COP 3675.536984
CRC 506.835563
CUC 1.121894
CUP 26.855884
CVE 110.270772
CZK 24.341896
DJF 199.263982
DKK 7.475391
DOP 68.084777
DZD 152.624682
EGP 60.451115
ERN 16.828406
ETB 180.792892
FJD 2.526282
FKP 0.835984
GBP 0.834594
GEL 2.90596
GGP 0.835984
GHS 13.075684
GIP 0.835984
GMD 83.020251
GNF 9913.739794
GTQ 8.5506
GYD 234.582278
HKD 8.799058
HNL 30.074574
HRK 7.59411
HTG 146.670291
HUF 362.320075
IDR 20262.354178
ILS 3.543827
IMP 0.835984
INR 104.947573
IQD 1699.668985
IRR 2134162.158274
ISK 137.16221
JEP 0.835984
JMD 177.762473
JOD 0.795385
JPY 177.333286
KES 145.756022
KGS 98.109695
KHR 4566.320402
KMF 492.511066
KPW 1009.704304
KRW 1510.529067
KWD 0.348718
KYD 0.932565
KZT 502.045227
LAK 25242.608639
LBP 100206.73114
LKR 372.066107
LRD 190.233348
LSL 18.477482
LTL 3.31266
LVL 0.678622
LYD 7.190505
MAD 10.932472
MDL 20.170415
MGA 5155.101381
MKD 61.541364
MMK 2355.63634
MNT 4040.44421
MOP 9.037734
MRU 45.421187
MUR 52.76234
MVR 17.288641
MWK 1940.336146
MXN 20.784538
MYR 4.548717
MZN 71.700386
NAD 18.477574
NGN 1510.069344
NIO 41.083519
NOK 10.545145
NPR 168.037795
NZD 1.990812
OMR 0.43133
PAB 1.119079
PEN 3.85047
PGK 5.036742
PHP 70.770227
PKR 310.314733
PLN 4.385572
PYG 6994.490778
QAR 4.090487
RON 5.342349
RSD 117.608052
RUB 92.555869
RWF 1655.516162
SAR 4.218787
SBD 9.084309
SCR 16.429785
SDG 674.81632
SEK 10.994205
SGD 1.434341
SHP 0.834773
SLE 25.747516
SLL 23525.555278
SOS 639.544875
SRD 42.129343
STD 23220.934893
STN 24.501719
SVC 9.791687
SYP 14586.861783
SZL 18.395799
THB 37.502602
TJS 10.272421
TMT 3.937847
TND 3.374093
TOP 2.701251
TRY 56.347225
TTD 7.589533
TWD 36.871595
TZS 2967.406681
UAH 50.976387
UGX 4582.239831
USD 1.121894
UYU 45.123166
UZS 13422.941839
VES 1006.540888
VND 28695.797549
VUV 134.628489
WST 3.11898
XAF 655.957
XAG 0.021165
XAU 0.000272750831
XCD 3.031974
XCG 2.016742
XDR 0.793237
XOF 655.957
XPF 119.331742
YER 265.336214
ZAR 18.376058
ZMK 10098.392022
ZMW 22.743596
ZWL 361.24932
SSP 6446.193262
MXV 2.33655
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

US Senate votes to start work on Ukraine aid in shock turnaround
US Senate votes to start work on Ukraine aid in shock turnaround / Photo: ANDREW CABALLERO-REYNOLDS - AFP/File

US Senate votes to start work on Ukraine aid in shock turnaround

US senators cleared a first hurdle Thursday to a sweeping foreign aid package -- including a $60 billion lifeline for Ukraine -- although opposition from right-wing allies of Republican presidential candidate Donald Trump means final passage remains far from guaranteed.

Text size:

The procedural vote to at least consider the bill nevertheless marked a stunning about-face by Senate Republicans. Until now they had refused to renew funding for Ukraine's fight against Russian invasion if Democrats didn't also agree to stringent new curbs on a record surge of undocumented migrants across the US-Mexican border.

The $95 billion package set to be debated also includes funding for Israel's fight against Hamas militants and for key strategic ally Taiwan. The lion's share, however, would help pro-Western Ukraine restock depleted ammunition supplies, weapons and other crucial needs as it enters a third year of war.

The aid had looked dead in the water after Republicans rejected an earlier version on Wednesday that also featured many of the Mexico border security measures they had spent months championing.

Under pressure from Trump, who is running for a second term and wants to exploit President Joe Biden's perceived weakness on immigration, Republicans instead appeared to decide that they would prefer stopping any border reforms until after November's election.

But Republican senators relented in a dramatic vote Thursday after the Democrats, who have a slim majority in the upper chamber, decoupled the aid from the border issue entirely.

The procedural vote, which could open the way for a full vote in the coming days, capped an extraordinary spate of chaos in a deeply polarized Congress.

The two parties are able to agree on little ahead of the elections. However, much of the dysfunction has been blamed directly on Trump, who looks almost certain to be the Republican standard-bearer in November despite losing the presidency to Biden in 2020 and being embroiled in criminal charges.

- 'Real solutions' -

Senate Republicans originally demanded border security as a condition for supporting pro-Western Ukraine as it battles the invasion launched by President Vladimir Putin in February 2022.

But Trump is running for a return to the White House on a platform centered around accusing Biden of failing to resolve the border issue.

A hard-fought bipartisan compromise -- combining Ukraine and Israel aid with some of the toughest immigration curbs in decades -- was initially celebrated as a breakthrough on some of the most consequential issues facing the country.

However, the plan collapsed within days of its weekend release, as Trump warned lawmakers to reject it.

The new foreign-aid-only bill could still fail, with Senate Republicans divided between traditional conservatives and Trump's allies, who are against any action on the border before November's election and also oppose Ukraine aid.

Even if the foreign aid advances from the Senate, it would still have to pass through the much more Trump-friendly House of Representatives.

Republican House Speaker Mike Johnson has not revealed whether he would be willing even to put a foreign aid-only bill on the floor for a vote.

And heated negotiations are taking place with House Republicans seeking to impeach Homeland Security Secretary Alejandro Mayorkas, who has become the main target for right-wing attacks over the border crisis.

"After earning the title of least productive Congress since the Great Depression, the House Republican chaos conference is back this year racking up loss after loss," said Democratic National Committee rapid response director Alex Floyd.

"Instead of focusing on real solutions to secure the border that have support from border patrol agents and Americans on both sides of the aisle, House Republicans have spent this week backtracking on their words and undermining their own professed priorities in order to do the bidding of Donald Trump."

(L.Kaufmann--BBZ)