2024-04-30 04:00:14
The foreign aid law, signed into law yesterday by the president of the United States, Joe Biden, contains an important aid program for Ukraine, Israel, Taiwan, as well as a possible ban on the social network TikTok.
This is a $95 billion package, after months of negotiations between Democrats and Republicans in the US Congress.
Nearly $61 billion, the majority of the approved funds, will go to the war in Ukraine. Ukrainian President Volodymyr Zelensky has been asking for this help for months, which he described as “vital.”
The US Congress had not approved a package of such magnitude for kyiv since December 2022, mainly due to partisan disputes. The text approved on Tuesday foresees almost 14 billion dollars to train, equip and pay the Ukrainian Army.
Some 10 billion in economic aid dedicated to the energy and infrastructure sectors will be sent in the form of a loan.
A large part of the endowment will also be used to replenish the provisions of the US Army and will go to the weapons factories of USA.
ISRAEL
The program adopted by the Congress It foresees more than 13 billion dollars in military assistance to Israel, a key US ally and at war with the Islamist movement Hamas in the Gaza Strip.
These funds will be used in particular to strengthen the Israeli anti-missile shield, known as the Iron Dome.
More than $9 billion has also been allocated to cover the “urgent need for humanitarian aid” for “vulnerable populations around the world,” especially in Gaza and Sudan.
The plan prohibits any direct funding to the agency. HIM for Palestinian refugees, UNRWA.
TAIWAN AND TIKTOK
As I had demanded Biden, dedicated more than 8 billion dollars to stand up to China on the military front (investing in submarines) and in the economic field (competing with large Chinese projects in developing countries).
Several billion dollars will go to Taiwan, an island of 23 million inhabitants that China claims as one of its provinces to be reunified, even by force.
The law also provides for the prohibition of TikTok in the United States if that social network does not cut its ties with its parent company, the Chinese entertainment group ByteDanceand in general with Beijing.
TikTok It has been in the crosshairs for several months because several officials claim that the short video platform allows China to spy on and manipulate its 170 million users in the United States. The application promised to take legal action against this law.
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2024-04-30 04:00:14