💨 Abstract

President Joe Biden is set to announce new sanctions on Russia's economy this week, while also planning $500 million in new military aid for Ukraine. The aid includes air defense missiles, air-to-ground munitions, and F-16 fighter jet support equipment. The moves aim to strengthen Ukraine's position before possible negotiations with Russia this year. The U.S. is also considering more sanctions on Chinese entities for their support of Russia.

Courtesy: theprint.in