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Why the US is sending aid to Ukraine, Israel, and Taiwan
Why the US is sending aid to Ukraine, Israel, and Taiwan | Ian Bremmer | Quick Take

Why the US is sending aid to Ukraine, Israel, and Taiwan

Ian Bremmer's Quick Take: Hi, everybody. Ian Bremmer here. And a Quick Take to kick off your week. A big $90 billion package that has been approved by the US House of Representatives, going through the Senate shortly after months of debate and, all of the package, all three major pieces of it, have some significant, complicated features.

First of all, the biggest piece for Ukraine, $60 billion, massive military support.

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US aid for Israel & Ukraine hangs in the balance
TITLE PLACEHOLDER | Ian Bremmer | World In :60

US aid for Israel & Ukraine hangs in the balance

Ian Bremmer shares his insights on global politics this week on World In :60.

Will the House pass the Senate-approved aid package for Ukraine and Israel?

Well, certainly not if the Freedom Caucus and the Speaker of the House have anything to say about it. So, I mean, as of today, what the Senate has passed with a lot of Republicans on board looks dead in the House. But of course, the ability to jam the House and force them to accept something or there's no government funding, that is a game of chicken that we've seen before and the Senate may well continue to be ready to play. So it is not dead yet, but aid is looking challenging. And let's be clear, irrespective of what happens for 2024, it's going to be very hard to get any more aid for the Ukrainians going forward. And everybody is deeply aware of that reality.

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A collage showing the US Capitol, former US House Speaker Kevin McCarthy, and Republican Rep. Matt Gaetz.

GZERO Media/ Jess Frampton

Washington chaos rings alarm bells in Ukraine and Europe

You’ve heard the news. Rebel Republicans and unsympathetic Democrats ousted House Speaker Kevin McCarthy from his job yesterday. That post is now officially “vacant.” For now, Patrick McHenry (R-NC) holds the post of Speaker Pro Tempore to ensure there’s someone there to keep the lights on and the process moving toward the election of a new speaker.

Americans (and the world) are now trying to figure out what it all means. But keep in mind, this has never happened before. The only previous attempt to fire a speaker of the US House of Representatives failed, and that was 113 years ago. The cliché “uncharted waters” fits perfectly here.

But … you’ve got questions, lots of questions, and I’m here to give you the best available answers.

We just survived a shutdown threat last weekend. Should we expect more of these congressional showdowns?

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The debilitating cost of remittances
The Debilitating Cost of Remittances | Economic Empowerment | GZERO Media

The debilitating cost of remittances

Dilip Ratha knows how hard it is to work abroad and send money home. Why? Because he had to go through the same hoops when he was a migrant.

It's the inconvenience and the cost, the World Bank's head of KNOMAD and lead economist says during a livestream conversation on closing the global digital gap hosted by GZERO in partnership with Visa.

Still, Ratha points out, these flows are a lifeline for millions of poor families around the world. And they keep the lights on in remittance-dependent economies like El Salvador or Lebanon.

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