G7 finalizing $50 billion loan to Ukraine

The loan will be secured from Russia’s sovereign assets, frozen by the West, the US Secretary of State has said US Secretary of State Antony Blinken has said that the Group of Seven (G7) is actively working on finalizing a multi-billion-dollar loan package for Ukraine from Russian sovereign assets frozen by the West. Speaking at a press briefing following the G7 meeting in Italy, Blinken voiced the group’s commitment to ensuring that Kiev has sufficient funds and munitions to continue fighting “effectively” in 2025 or to engage in any potential negotiations with Moscow from a position of strength. “In our support

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