The Biden administration will supply Ukraine with longer-range artillery and ammunition as part of a new $2 billion package of military assistance, a person familiar with the matter said Tuesday night.
(Bloomberg) — The Biden administration will supply Ukraine with longer-range artillery and ammunition as part of a new $2 billion package of military assistance, a person familiar with the matter said Tuesday night.
Spain is planning to join other European countries in providing Ukraine with as many as six Leopard 2 tanks, the El PaÃs newspaper reported.
Ukraine’s biggest allies have so far said they won’t send fighter jets to Kyiv, denying a key request from President Volodymyr Zelenskiy ahead of an expected escalation in fighting.
(See RSAN on the Bloomberg Terminal for the Russian Sanctions Dashboard.) Â
Key Developments
- Longer-Range Artillery Part of $2 Billion in US Aid for Ukraine
- Putin’s War Machine Helps Keep Russian Industry Humming
- Ukraine’s Allies Reject Giving Fighter Jets in Blow to Zelenskiy
- Lula Can’t Tell Vladimir from Volodymyr: Andreas Kluth
On the GroundÂ
Russia carried out five air attacks and six missile strikes as well as more than 65 salvos from multiple rocket launchers over the past day, Ukraine’s General Staff said on Facebook. The attacks damaged civilian infrastructure in the Sumy, Kharkiv, Mykolayiv and Kherson regions. Ukrainian troops repelled assaults near eight settlements in the Donetsk region, the General Staff said.
(All times CET)
Spain to Provide Leopards, El PaÃs Says (8:39 a.m.)
Spain plans to supply between four and six Leopard tanks to Ukraine, El PaÃs said, citing people in the government it didn’t identify.
The final number will depend on the contribution of other countries, as well as on the overall condition of the 53 tanks Spain stored 10 years ago, whose revamp is currently being discussed with the military industry.
Putin’s War Keeps Russian Industry Humming (8:19 a.m.)
Surging military production is helping to keep Russian industry going strong, offsetting much of the damage done by international sanctions and other fallout from the invasion of Ukraine.
Industrial output ended 2022 down only 0.7%, according to a consensus of forecasts compiled by Bloomberg ahead of the release of official figures later Wednesday. According to Bloomberg Economics, there was practically no decline as manufacturing helped make up for declines in other sectors.Â
NATO Praises Japan’s Plan to Boost Defense (3:23 a.m.)
NATO Secretary General Jens Stoltenberg said he was glad Japan had set out on a path that would take it to a place where its defense spending would represent about 2% of its economy.
Speaking at an event in Tokyo during a visit to Japan, Stoltenberg said Ukraine needs continued support for as long as it takes.
Longer-Range Artillery Part of $2 Billion in US Aid (2:40 a.m.)
The US will provide Ukraine with longer-range artillery and ammunition as part of a new $2 billion package of military assistance, a person familiar with the matter said Tuesday night.
The package is being finalized as Ukraine prepares for a new Russian offensive and tries to not only hold onto recaptured territory but to seize fresh advantages on the battlefield.Â
The new aid will consist largely of artillery and rounds and not include advanced weapons like long-range missiles, according to the person, who spoke on the condition of anonymity because the plans had not been announced.Â
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