Biden signs measure speeding up US weapons deliveries to Ukraine
Stay tunned with 24 News HD Android App
Biden signed the Lend-lease Act in the Oval Office, saying the United States supports Ukrainians' "fight to defend their country and their democracy against Putin's brutal war."
Acknowledging the billions of dollars already spent by the United States, Biden said "caving to aggression is even more costly."
In a statement last week, Biden did not specify the amount. His administration has nearly exhausted funding from a drawdown authority and he urged Congress to pass his proposed $33 billion assistance package for Ukraine, he added.
The Italian government ordered the seizure of a yacht worth some $700 million that has been linked in the media to Russian President Vladimir Putin.
The sleek, six-deck Scheherazade has been undergoing repairs in the Italian port of Marina di Carrara since September, but recent activity at the dockside has suggested the crew might be preparing to put to sea.