European Reassurance Initiative: Obama announces $1bn fund

President Barack Obama has announced plans for a $1bn (£600m) fund to increase US military deployments to Europe, during a visit to Poland.Mr Obama, who will meet Nato leaders amid concerns over the Ukraine crisis, said the security of America's European allies was "sacrosanct".In April, 150 US soldiers were sent to Poland for military exercises amid growing tensions with Moscow.Mr Obama will also visit Belgium and France during his tour.Meanwhile, Nato defence ministers are set to meet in Brussels to discuss the long-term security implications of Russian actions over Ukraine.(bbc.com)Bakudaily.az