Janet Yellen says US can 'certainly afford' two wars- Israel and Ukraine
livemint.comUkraine after Russia unleashed a ‘special military operation’ in 2022, later US has also sent aid to Israel after Hamas fighters launched a surprise attack on 7 October, 2023. Now US Treasury Secretary Janet Yellen has told Sky News, US can ‘certainly afford’ wars on two fronts.
In an interview with Sky News, the US treasure secretary informed that the economy and public finances were in good shape to ensure backing for US interests abroad. Yellen also informed that it was too early to understand the ramification of the war between Benjamin Netanyahu's Israel and Hamas fighters from Gaza.
This comes even as threat of the war spilling to a regional conflict in the Middles East looms, and oil and gas prices remain volatile. Talking about the vacant position of a House speaker following McCarthy's ouster, Yellen appealed for Republicans to fill the void left in order for greater financial support to flow.
"We do need to come up with funds, both for Israel and for Ukraine. This is a priority", Yellen told Sky News.
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