Houses passes $1.5 trillion spending bill

The US House of Representatives passed a huge spending bill in March of 2022. The bill includes aid for Ukraine but excludes a proposed $15.6 billion aid package.

The U.S. Senate passed a government funding bill that will provide aid to Ukraine as the Russia-Ukraine war continues.

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Democrats revolted on Wednesday and party leaders pulled billions of dollars in emergency funding from the larger package, leaving the fate of the relief up in the air. Speaker Nancy Pelosi confirmed the news in a letter to her colleagues on Wednesday afternoon.

Congress is racing to pass a huge package of legislation that will fund the government for the rest of the year and deliver badly needed humanitarian aid to Ukraine. The legislation includes $730 billion for domestic programs, the largest increase in four years. The White House requested that the bill include more money for the federal response to the COVID-19 pandemic.

Nancy Pelosi said on Wednesday that a separate coronaviruses relief bill would be put on the House floor, after she informed House members earlier that day that COVID-19 funding would be removed from a $1.5 trillion government funding package. The bill that I mentioned will be on the floor today. And it will be.

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The Russian tourist tried to withdraw money from his home bank account at a cash machine in Indonesia, but the transaction was blocked. The sanctions against Russia's banks over its invasion of Ukraine have left its citizens overseas scrambling to find cash or use cryptocurrencies to get by. The data from the statistics bureau shows that over a thousand Russians entered Indonesia in January.

The House voted overwhelmingly in favor of the act, but it wasn't unanimous as two Democrats and 15 Republicans opposed it.

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The US House voted to approve a massive spending package that includes emergency aid for Ukraine. The government will be able to keep running through September 30 because of the additional funding. Aid for Ukraine has received bipartisan support in Congress. More than 2 million of its citizens have already left the country, and the military and humanitarian funding will be split among them. Some in the party objected to the way in which aid would be distributed to individual states. The House passed legislation to ban imports of Russian oil. The oil ban was imposed by the U.S. President Joe Biden a day later. Russia should review its participation in some international trade programs. Lawmakers decided not to add language that would have revoked Russia's permanent normal trade relations status. That would have allowed the U.S. to impose higher tariffs on Russian imports. The Senate is expected to vote on the package later this week.

The speaker of Israel's parliament refused to convene a special session for a video address from the Ukrainian president, according to three Israeli officials. Knesset speaker Mickey Levy said that Zelensky will address members of the Knesset on a Zoom call in the coming days, after he was accused of rejecting Zelensky's request for a special session. Get market news that is worth your time.

As Washington struggles to find effective ways to fight high inflation, some economists are calling for new assistance for Americans dealing with high gasoline prices.

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Energy Secretary Granholm spoke to oil-and-gas executives in Houston on Wednesday and called for cooperation on supply increases and the clean energy transition. Get market news that is relevant to you.

The harder it is for people to carry their things, the more they leave them behind. The animals people could not leave behind are birds, rabbits, hamsters, cats and dogs. People fleeing the outskirts of Kyiv crowded together under a destroyed bridge, carrying little luggage and abandoning their vehicles on the road.

On Friday, the Chinese premier called the situation in Ukraine grave and offered Beijing's help in playing a positive role for peace. China has largely supported Russia in the conflict, which it has refused to refer to as a war or invasion. The U.S. has accused Beijing of helping spread false information.

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The Russian car maker was forced to stop production.

Russian President Vladimir Putin needs to stop the war and come to his senses, says a resident. During an interview with Agence France-Presse in her hometown, the 98-year-old who spent ten years in Siberia as a political prisoner said she would tell tanks to go back to their homeland.

Energy Minister Herman Halushchenko suggests that workers are being used to spread a Russian message that civilians and infrastructure are not in danger.

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EU leaders will offer to strengthen the bloc's bonds with Ukraine and deepen its partnership as the European Commission assesses if the country is ready to become a candidate for full EU membership, according to a draft EU declaration. The leaders of the EU are meeting in Versailles to discuss the situation in Ukraine, despite the western sanctions against Moscow.

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Russia published a draft law on Thursday that could prevent its airlines from returning leased aircraft, raising the stakes in a battle with Western finance over $10 billion of jets. The game of cat-and-mouse has been going on since sanctions were imposed on Russia after the invasion of Ukraine. Russian airlines will pay their lease in roubles throughout the year of 2022.