Good Morning DC,
As of tomorrow, we will resume our regular briefing structure that includes the White House, Digital Assets, and Foreign Affairs.
Today, we are continuing with our special coverage from the NATO Summit.
In response to the global food crisis, UK’s PM Boris Johnson has been pushing for the US to devote more land to growing wheat for the worldwide market rather than using the crop for biofuel production. Yet sources suggest President Joe Biden is resisting because it could undermine America’s progress towards net zero.
Your top news stories of today are below.
NATO SUMMIT
The Nato Summit wrapped up today, with President Biden holding a press conference.
Among the US officials in attendance were Amos Hochstein, special envoy, and coordinator for international energy affairs; Rufus Gifford, chief of protocol; Adrienne Watson, NSC spokeswoman and David Fabrycky, director for NATO and European affairs at NSC.
Biden said that he told Putin before the war in Ukraine started that the Western democracies would strengthen the alliance.
The NATO Strategic Concept was released yesterday, marking China and Russia as significant global peace and stability threats.The last time NATO drafted a mission statement referenced Russia as a “partner,” and it did not reference China.
Biden spoke about inviting Sweden and Finland to join NATO and how the alliance will meet a 2% GDP commitment for all member states. He said that Putin counted on the “Finlandization of NATO” but instead got Finland to join the coalition.
Biden repeated that NATO would “defend every inch” of its territory if attacked. “The United States is rallying the countries around the world to stand with Ukraine,” said Biden. “This is a global effort to support Ukraine.” Biden said, “We are going to support Ukraine “as long as it takes,”but also acknowledged that he hopes the war can end “sooner rather than later.”
Biden was asked how he responds to world leaders who say America is falling backward. “They do not think that,” Biden objected, saying that no single leader thinks that. Biden said how the world leaders came to him to say, “Thank you for America’s leadership. You changed the dynamic of NATO and G7.”
Speaking of Turkey, Biden said that he believes the US should sell F16 fighter jets to Turkey, for which a congressional approval is needed, but said he is confident that he can get that.
In terms of the oil price cap on Russian oil, the President said that he is trying to work out a mechanism with his national security team to drive down the price of oil and gas.
At a signing ceremony this morning in Madrid, NATO leaders launched NATO’s Innovation Fund, the world’s first multi-sovereign venture capital fund.
The UK will nearly double its support for Ukraine by providing an additional £1 billion in military aid. The UK’s Defense Secretary Ben Wallace has described Russia as “very, very dangerous on the world stage” as he called for the UK to raise defense spending by the middle of the decade.
Reacting to Sweden and Finland joining NATO, Putin said that Russia does not have a problem with that.
“With Sweden and Finland, we don’t have the problems that we have with Ukraine. They want to join NATO, go ahead,” he said in a TV interview. “But they must understand there was no threat before, while now, if military contingents and infrastructure are deployed there, we will have to respond in kind and create the same threats for the territories from which threats towards us are created,”
President Putin has told journalists that everything is going according to plan in Ukraine, and there is no time schedule for the invasion.
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