The Biden administration says it is offering $2 billion in loans to Poland to support the defense modernization of the ally which has been a hub for weapons going into Ukraine.
    • yeather@lemmy.ca
      212·
      9 months ago

      Pretty bog standard to buy weapons from the country giving you the money to buy weapons.

    • Ooops@kbin.social
      6·
      9 months ago

      Who cares? It’s Poland. Their government hates Europe and dreams about reaching a level where they can compete with all those evil other countries’ industries (the sole reason to buy Korean tanks is that those promised some tech transfers). They will of course only buy from the US and happily so… also in completely rediculous numbers they can’t actually afford, because like any shitty right-wing government running purely on their own superiority and blaming other countries, it’s important to have a strong military.

  • AutoTL;DR@lemmings.worldBEnglish
    7·
    9 months ago

    This is the best summary I could come up with:

    WASHINGTON (AP) — The Biden administration announced Monday that it is offering a $2 billion loan to Poland, which has been a hub for weapons going into Ukraine, to support the ally’s defense modernization.

    The U.S. government is also providing Warsaw up to $60 million for the cost of the loan in Foreign Military Financing (FMF) which would support “urgent procurements of defense articles and services from the United States,” the State Department said.

    Poland has been a staunch supporter of Ukraine since Russia’s full-scale invasion of the country, handing over large numbers of its own tanks, fighter jets and other equipment.

    It has been undergoing a process of modernization to replace what it gave away, much of which was based on old Soviet technology, putting in orders with U.S. and South Korean defense companies.

    Amid the spat Poland’s Prime Minister Mateusz Morawiecki said his country was no longer sending any more weapons to Ukraine.

    Analysts noted that Poland has already in fact given Ukraine most of what it has to give, and the statement was made ahead of a Polish election and did not mean much.

    The original article contains 339 words, the summary contains 187 words. Saved 45%. I’m a bot and I’m open source!

  • The Pantser@lemmy.world
    83·
    9 months ago

    What kind of interest and fees are we charging them? If it’s a good deal can I get a loan to pay off my private student loans and medical bills?