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Europe Can’t Fund ‘Lost’ War in Ukraine Without US, Orban Says (www.bloomberg.com)

submitted 4 days ago by Alsephina@lemmy.ml to c/worldnews@lemmy.ml

65 comments fedilink hide all child comments

Europe won’t be able to finance Ukraine’s defenses against Russia’s invasion on its own if the US withdraws support under Donald Trump’s next presidency, Hungarian Prime Minister Viktor Orban said Friday.

Orban said recent events vindicated the conclusions from his controversial July diplomatic mission to Kyiv, Moscow and Beijing and showed Ukraine was losing the war.

“The Americans are going to get out of this war,” Orban, who is hosting a European Union summit in Budapest on Friday, said on public radio. “Europe can’t finance this war on its own.”

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[–] bobr@lemmy.libertarianfellowship.org -4 points 4 days ago (2 children)

The Americans are going to get out of this war,

I just hope he is correct

[–] frozenspinach@lemmy.ml 25 points 4 days ago (2 children)

I hope the Russians get out of it as it has hurt them the most.

[–] davel@lemmy.ml 20 points 4 days ago

It has unquestionably hurt the Ukrainian people the most.

[–] yogthos@lemmy.ml 9 points 4 days ago* (last edited 4 days ago)

Meanwhile in the real world. Russia was able to successfully redirect its trade towards the Global South at this point. https://www.reuters.com/business/energy/russian-oil-gas-revenue-soars-41-first-half-data-shows-2024-07-03/

The World Bank just reclassified Russia as a high income country https://blogs.worldbank.org/en/opendata/world-bank-country-classifications-by-income-level-for-2024-2025

Meanwhile, the IMF forecasts that Russian economy is set to grow faster than all the western economies https://www.cnbc.com/2024/04/17/russia-forecast-to-grow-faster-than-advanced-economies-in-2024-imf.html

Europe is the big loser here after Ukraine. Having lost access to the Russian market and cheap energy. Meanwhile, Russia selling energy on the cheap to China and India makes Europe uncompetitive in terms of manufacturing.

[–] wewbull@feddit.uk 10 points 4 days ago (1 children)

The Americans aren't in the war. They're just dealing in arms.

[–] davel@lemmy.ml 5 points 3 days ago (1 children)

Americans are in the war, but Western media aren’t going to broadcast that. We have support forces in Ukraine, we provide Ukraine with invaluable intel and targeting data, we have American volunteers in the International Legion (one of whom was killed in action this week, and he wasn’t the first). Biden announced yesterday that he’s going to let even more Americans directly fight in this war.

[–] wewbull@feddit.uk -2 points 3 days ago

The international legion is made up of people from around the world, not just the US. It's not under US command. US civilians can act as they wish. Their actions are not the actions of their country.

The story you link is Biden relaxing US corporations taking up supply and support contracts. The article even says that these organisations will NOT be fighting, yet you willfully misinterpret it.

The USA, the country, is not in Ukraine.