“Just one week ago, hope looked fanciful,” said The Economist. Since October last year, President Biden’s proposal to spend $61 billion on aid for Ukraine (and smaller amounts for Israel and Taiwan) had “languished in congress”.
The military consequences for Ukraine, which is facing desperate shortages of artillery ammunition and air defence missiles, were dire. The CIA director William Burns warned last month of “a very real risk that the Ukrainians could lose on the battlefield by the end of 2024”.
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‘Severe setback’ for Russia
A cloudy outlook
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