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Yellen affirms US support for Israel and Ukraine amid funding concerns

  • Yellen said the US can financially support conflicts in both Israel and Ukraine despite some Congressional opposition.
  • The Biden administration is pushing for emergency funding for military aid to Israel and Ukraine.
  • Yellen urged House Republicans to elect a new speaker quickly to pass crucial aid legislation.
  • The economic impact of the Israel-Hamas conflict remains uncertain, especially regarding oil prices and potential escalation.
  • The US and EU are collaborating to impose costs on Russia and address ties with China amid the Ukraine conflict.
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