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Biden administration to push congress for $6.4 billion in aid to Ukraine – Schumer

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Economy1 hour ago (Feb 27, 2022 17:30)

WASHINGTON (Reuters) – The Biden Administration will ask Congress for $6.4 billion dollars in economic and military aid to help Ukraine as it fights the Russian invasion, Democratic Senate Majority Leader Chuck Schumer said on Sunday.

Schumer said the request would be added to a spending bill expected to reach the Senate floor next week.

Biden administration to push congress for $6.4 billion in aid to Ukraine – Schumer

Italy backs EU measures against Russia, Italy’s PM saysBy Reuters – Feb 27, 2022

ROME (Reuters) – Italy gave its full support to the measures announced by the European Commission on Sunday against Russia over the invasion of Ukraine, Prime Minister Mario…

Norway says its sovereign fund will divest from RussiaBy Reuters – Feb 27, 2022

OSLO (Reuters) -Norway’s $1.3 trillion sovereign wealth fund, the world’s largest, will divest its Russian assets following Russia’s invasion of Ukraine, the Norwegian prime…

U.S. banks’ Russian investment banking fee income in doubt after Moscow sanctionsBy Reuters – Feb 27, 2022

By David French and Megan Davies NEW YORK (Reuters) – Western sanctions on Moscow could throw the small but lucrative Russian investment banking business that several large U.S….

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