Tag Archives: G7Summit

G7 Pledges $50 Billion Loan to Ukraine Backed by Russian Assets

G7 Pledges $50 Billion Loan to Ukraine Backed by Russian Assets

G7 leaders are finalizing a deal to lend Ukraine $50 billion, with the funds potentially reaching Kyiv by year-end, according to a French official. The loan will primarily be guaranteed by the US government, using windfall profits from approximately $300 billion in frozen Russian assets, most of which are held in European Union nations. The […]