Washington (AFP) – US President Joe Biden on Thursday proposed a huge $33 billion package for arming and supporting Ukraine, saying that “caving” in to Russia is not an option for the West as the war stretches into a third month. Speaking in the White House, Biden also outlined proposed new laws to allow using luxury assets stripped from Russian oligarchs under unprecedented sanctions to compensate Ukraine for the destruction wreaked by the invading Russians. He acknowledged the dramatic costs of US backing for Ukraine, but said there was no real choice in the struggle with Russian President V…