logo
Senate panel approves US$500mil aid for Ukraine

Senate panel approves US$500mil aid for Ukraine

The bill also prohibits a controversial request to retire the US air force's A-10 fleet. (EPA Images pic)
WASHINGTON : The senate armed services committee has approved US$500 million in security assistance for Ukraine as part of its draft language for its fiscal year 2026 National Defence Authorisation Act, which also restricts A-10 aircraft retirements.
The National Defence Authorisation Act (NDAA) is an annual policy bill that authorises funding levels and provides authorities for the US military.
It ensures that American forces have the necessary resources to carry out their missions and is closely watched by weapons makers like Lockheed Martin Corp and Boeing Co.
The NDAA, passed by the senate armed services committee with a vote of 26-1 on July 9, 2025, includes a provision to extend the Ukraine Security Assistance Initiative through 2028, increasing authorised funding to US$500 million from US$300 million in 2025.
The initiative aims to bolster Kyiv's defence capabilities as it battles Russian forces which invaded in 2022.
The bill also prohibits a controversial request made in president Donald Trump's June budget request to retire the air force A-10 fleet.
The draft requires that the inventory of the A-10 cannot drop below 103 aircraft in FY26, ensuring the continued operation of these close air support planes.
The draft of the bill will make its way through the legislative process in the coming months.
The lower House of Representatives kept Ukraine support at US$300 million in its version.
The NDAA supports a total of US$925 billion in funding for national defence, with US$878.7 billion allocated to the department of defence and US$35.2 billion to the department of energy.
The bill also allows for up to US$6 billion in general transfer authority for unforeseen higher-priority needs.
In addition to Ukraine, the NDAA addresses various global security challenges, including threats from China, Iran, and North Korea.
It emphasises the need for technological advancements in areas such as artificial intelligence, unmanned technology, and hypersonic weapons to maintain US military superiority.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Prabowo and Trump have struck tariff deal – but at what cost to Indonesia?
Prabowo and Trump have struck tariff deal – but at what cost to Indonesia?

The Star

timean hour ago

  • The Star

Prabowo and Trump have struck tariff deal – but at what cost to Indonesia?

SINGAPORE: The trade deal announced on Tuesday (July 15) lowering US tariffs on Indonesian goods is seen by some as a diplomatic win for President Prabowo Subianto, though others warn that he may have overpromised and burdened Indonesia with costly commitments. US President Donald Trump broke the news on his Truth Social platform, saying that he had struck a trade pact with Indonesia following negotiations with Prabowo to avoid steeper tariffs. 'They are going to pay 19 per cent and we are going to pay nothing... We will have full access into Indonesia, and we have a couple of those deals that are going to be announced,' he later told reporters. No details have been given about the deal, which comes after deals Trump has made with Vietnam and the UK. The US President had threatened Indonesia with a 32 per cent tariff rate starting on Aug 1 in a letter last week. Prabowo on July 16 said his conversation with Trump heralded 'a new era of mutual benefit' between both sides. As part of the deal, Indonesia has committed to purchasing US$15 billion in US energy, US$4.5 billion in American agricultural products, and 50 Boeing jets, many of them 777s. The sheer scale of Indonesia's purchase commitments, and the lack of clarity on how they will be financed and integrated with national strategies, has raised eyebrows, with experts warning that the deal could set a precedent for other trade partners to demand similar 'full access' terms. Associate Professor Yohanes Sulaiman of Jenderal Achmad Yani University in West Java highlighted the plan to buy the Boeing jets, noting that national carrier Garuda Indonesia is still struggling financially and unlikely to be in a position to take on large-scale purchases. In the first quarter of 2025 alone, the state-owned carrier recorded a net loss of US$75.9 million, surpassing its already-large net loss for the entire 2024 fiscal year. When asked about the planes on July 16, President Prabowo said that Indonesia needs to grow the national carrier's presence and, to do so, new aircraft are needed. There are also doubts about the energy component. While Indonesia does import liquefied petroleum gas and other fuels, analysts say a US$15 billion commitment would run counter to the government's ambitions to reduce fossil fuel dependency and boost renewables. The scale of the energy imports is not aligned with Indonesia's energy transition goals, and this could introduce fiscal strain and policy contradictions down the line, noted Dr Siwage Dharma Negara, a senior fellow at the ISEAS – Yusof Ishak Institute. 'The arrangement doesn't necessarily reflect a balanced, win-win outcome,' he said, warning that Indonesia has to keep in mind the longer-term costs. 'It remains unclear whether the economic benefits fully justify the scale of concessions offered by Jakarta.' Indonesia's goods trade with the US reached nearly US$40 billion in 2024, with a roughly US$18 billion surplus, and key exports including electronics, footwear, car tyres, palm oil and frozen shrimp. Indonesia's central bank on July 16 delivered its fourth interest rate cut since last September, trimming its benchmark rate by 25 basis points to 5.25 per cent in a bid to support the economy amid weakening global trade and sluggish domestic demand. Sluggish household spending had already weakened growth in the first quarter, while the outlook for subsequent quarters has been clouded by the impact of US tariffs on global trade. Some observers found the direct negotiation between the two leaders notable. This growing personal rapport was most visibly demonstrated in November 2024, when Prabowo posted a video of his congratulatory call to Trump after the US presidential election, in which he offered to fly over in person, and referenced his American military training. Bank Permata economist Josua Pardede said Trump singling out Prabowo and calling him 'highly respected' was more than symbolic, chalking it up as a win for the Indonesian leader and his foreign policy approach. 'Such direct acknowledgment from a global leader underscores President Prabowo's capability to manage complex international relations and signals strength and credibility to both domestic and international stakeholders,' he said. The agreement signals that Prabowo is willing to make bold economic moves to safeguard Indonesia's interests, said Dr Siwage. 'Trump's public acknowledgment of a direct deal with Prabowo suggests that Indonesia took an active role in shaping the outcome,' he said, adding that this highlights how both leaders prefer a personal, transactional style of diplomacy. Other experts, however, cautioned that the deal may carry ripple effects across Indonesia's wider network of economic relationships. Muhammad Habib Abiyan Dzakwan from the Centre for Strategic and International Studies warned that the nature of the arrangement, involving significant import concessions, could prompt demands from other economic partners. 'What I am concerned the most is the extent of this unusual arrangement would then affect Indonesia's relations with Asean neighbours and free trade agreement partners. More partners will likely demand the same concession from Indonesia,' he said. In particular, countries like China, the archipelago's largest trading partner and one of its top investors, may view Jakarta's increasing economic overtures to the US with suspicion, he added. He cautioned that the government must ensure it has sufficient budget and fiscal space not only to meet these obligations, but also to prepare for future uncertainties that may arise. While the figures in the deal appear large, Bank Permata's Josua said the commitments are likely to be staggered over time, and may align with Indonesia's long-term infrastructure and aviation ambitions. But whether they benefit Indonesia in the long run will depend on how they create jobs and drive productivity, and how Indonesia integrates these commitments with domestic policy objectives. 'Careful negotiation and execution will be critical to ensuring that benefits are maximised and commensurate with the substantial financial outlays involved,' Josua said. - The Straits Times/ANN

Top News Headlines In Indones, Laos, Myanmar, Singapore, Thailand & Vietnam: July 17, 2025
Top News Headlines In Indones, Laos, Myanmar, Singapore, Thailand & Vietnam: July 17, 2025

Barnama

time3 hours ago

  • Barnama

Top News Headlines In Indones, Laos, Myanmar, Singapore, Thailand & Vietnam: July 17, 2025

President Prabowo Subianto said Wednesday that Jakarta's decision to acquire dozens of jets from the American aircraft manufacturer Boeing was necessary to expand flag carrier Garuda Indonesia's fleet. US President Donald Trump recently announced that Indonesia had agreed to buy 50 Boeing jets. Local businesses welcomed a new trade deal with the United States that slashes a proposed 'reciprocal' tariff from 32 per cent to 19 per cent, saying the outcome is more favorable than what regional peers face. LAOS RAINS WREAK HAVOC IN LAOS -- VIENTIANE TIMES About 25 villages in five northern provinces have been severely affected by floods since Monday, including Luang Prabang, a popular tourist hub in Laos. Sweeping floods have destroyed farmland, roads and houses, leaving 400 families homeless. 2. CENTURIES OLD BUDDHA RELICS FOUND -- VIENTIANE TIMES Workers unearthed 70 ancient Buddha artefacts in Vat Meuang Kang temple in Champasak province in southern Laos. The items date back to the 17th or 18th centuries. They were found in a jar during renovation on the temple's manuscript repository. MYANMAR MYANMAR DEEPEN MILITARY TIES -- THE GLOBAL NEW LIGHT OF MYANMAR Indian and Myanmar armed forces personnel held a discussion in Nay Pyi Taw yesterday on strengthening military cooperation in various fields. Border security and development, as well as rescue and relief operations during emergencies, topped their agenda. ENERGY SUPPLY FOR PEOPLE -- THE GLOBAL NEW LIGHT OF MYANMAR The Ministry of Electric Power is focusing on efficient power generation based on the availability of natural gas. It also aims to ensure that power plants continue to generate a stable electricity supply and that power transmission lines are installed safely and securely. SINGAPORE LAUNCHES ANTI-VAPING CHECKS NEAR 5 INSTITUTES OF HIGHER LEARNING -- THE STRAITS TIMES The anti-vaping blitz has extended to areas near schools, with enforcement officers conducting checks outside five institutes of higher learning (IHL) across Singapore on July 14. IS BACK IN SINGAPORE – BUT CAN IT AVOID PAST PITFALLS? -- CNA A cautious revival is underway in Singapore's bike-sharing scene, as operators expand their fleet while working to regain public trust lost in the chaos of the industry's early days. THAILAND 1. HIGH-STAKES DECISION LOOMS OVER NEXT BANK OF THAILAND GOVERNOR -- THE NATION The selection committee for the next governor of the Bank of Thailand (BOT) has shortlisted two final candidates and submitted their names to Finance Minister Pichai Chunhavajira. 2. GOVT URGES 'MAXIMUM RESTRAINT' -- BANGKOK POST Interior Minister Phumtham Wechayachai said the government is "deeply dissatisfied" with Cambodia over the recent Ta Muen Thom incident but urged the public and military to remain calm. VIETNAM OF BABY TURTLES RELEASED INTO SEA -- VIETNAMPLUS About 4,500 baby turtles were released into the ocean in the first half of this year as part of Con Dao National Park's conservation efforts. Located in Ho Chi Minh City, the park is a popular eco-tourism attraction known for turtle nesting. PARK, SPORTS COMPLEX FOR HANOI'S ME LINH -- VIETNAMPLUS City planners will develop the Me Linh Park and a modern sports complex as part of the Hanoi Master Plan 2030. The park will showcase Me Linh's rich cultural identity and a lush flower garden, and include sports facilities. -- BERNAMA BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies. Follow us on social media : Facebook : @bernamaofficial, @bernamatv, @bernamaradio Twitter : @ @BernamaTV, @bernamaradio Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial TikTok : @bernamaofficial

Trump says ‘three or four' candidates in mind for Fed chief
Trump says ‘three or four' candidates in mind for Fed chief

Free Malaysia Today

time3 hours ago

  • Free Malaysia Today

Trump says ‘three or four' candidates in mind for Fed chief

Unlike past presidents who avoided advising the central bank, Donald Trump repeatedly attacked Jerome Powell and urged him to cut rates. (Reuters pic) WASHINGTON : US President Donald Trump said Wednesday he had a handful of candidates potentially lined up to replace Federal Reserve chair Jerome Powell, whom he sharply criticised for his handling of the world's top economy. Unlike his precedessors, who avoided giving advice to the independent central bank, Trump has fired frequent broadsides at Powell, urging him to cut interest rates. 'I know within three or four people who I'm going to pick,' Trump told reporters after a Nato summit. 'I mean he goes out pretty soon fortunately because I think he's terrible,' said Trump of Powell, whose term ends in May next year. Trump added that Powell was 'average mentally' and had 'low IQ for what he does.' On Tuesday, Powell said the world's top central bank needed to see the impact of Trump's tariffs before deciding on further rate cuts. He told US lawmakers that the Fed needed to ensure that a one-time spike in prices did not become an 'ongoing inflation problem.' But he said rates could be lowered sooner if inflation came in weaker than expected or if the labour market deteriorated. The Fed has held its benchmark lending rate steady since its last reduction in December, bringing the level to a range between 4.25% and 4.50%. Hours before Powell's testimony on Tuesday, Trump wrote on his Truth Social platform that rates should be 'at least two to three points lower.' On Trump's criticism, Powell said: 'We always do what we think is the right thing to do, and you know, we live with the consequences.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store