NATO chief floats 100 billion euro fund for Kyiv

Source: CNBC

“NATO foreign ministers are gathering in Brussels, where the alliance’s Secretary-General Jens Stoltenberg is proposing a five-year, 100 billion euro ($107 billion) military and fund for Ukraine. It is not yet clear where the money would come from. The U.K.’s Foreign Minister David Cameron meanwhile is urging member states to invest more in defense and increase industrial production, saying it is necessary if the alliance wants Ukraine to defeat Russia. Elsewhere, Ukraine’s air defenses shot down four Iranian-made Shahen drones fired from Russia overnight, its air force said in a statement.” (04/03/24)

https://www.cnbc.com/2024/04/03/live-updates-latest-news-on-russia-and-the-war-in-ukraine.html