meta_pixel
Tapesearch Logo
Log in
Marketplace All-in-One

At NATO summit, nations weigh Ukraine spending

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 9 July 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

Military spending and aid for Ukraine are high on the agenda at this week’s NATO summit; Americans added more than $11 billion to consumer debt in May; and a practical look at newly-implemented guidelines from the Pregnant Workers Fairness Act.

Transcript

Click on a timestamp to play from that location

0:00.0

What are reasonable accommodations at work when you're having a baby?

0:06.0

I'm David Brancaccio First Beyond Global Security, money is on the agenda at a NATO summit starting in Washington. NATO countries will discuss

0:14.0

how much military aid for Ukraine. Countries also have their own targets for

0:18.7

spending on defense. Marketplace's Washington correspondent Nancy Marshall Genser is following this.

0:24.0

Well David, NATO says this year 23 of its 32 member countries are expected to meet

0:31.0

or exceed the target of spending at least 2% of their GDP on defense.

0:37.0

Both President Biden and former President Trump have complained the U.S. has to shoulder too much of NATO's costs.

0:44.0

On money for Ukraine fighting Russia,

0:47.0

NATO Secretary General Jend Stoltenberg apparently wanted a long-term funding plan for Ukraine.

0:52.0

What happened to that?

0:54.0

Stoltenberg reportedly wanted a five-year military aid fund for Ukraine but last week he

0:59.8

said he expects NATO members will just commit to keep funding Ukraine next year at current levels.

1:06.4

NATO has been funneling more than $40 billion in military aid a year to Ukraine since the Russian

1:12.3

invasion in 2022 and Reuters is reporting Nodo

1:16.1

members will agree this week to re-evaluate their contributions at future

1:20.1

meetings. Now Kyiv has been asking for more air defenses. Is that part of the plan?

1:27.0

Well, the White House announced last month that it's going to prioritize shipments of air defense

1:31.6

interceptor missiles to Ukraine, and on Friday a Senior

1:35.1

Biden administration official told reporters the US has been training

1:38.8

Ukrainian pilots to fly F-16 fighter jets for more than a year, and they expect there will be an announcement

1:45.4

on that this week.

1:47.0

All right.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.