Biden, G-7 Leaders Agree to Finance Ukraine With $50 Billion Loan

President Biden and G-7 leaders agreed to finance Ukraine with a loan backed by profits on frozen Russian assets. Biden also signed a long-term security agreement to support Ukraine. Photo: Mandel Ngan/AFP/Getty

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Wisconsin Republicans rushed to former President Trump’s defense Thursday after it was reported that the presumptive GOP nominee criticized Milwaukee during a closed-door conference meeting. Punchbowl News reported that Trump called Milwaukee — the site of the Republican National Convention next month — a “horrible city,” prompting outrage.

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G7 leaders agree on US$50B loan for Ukraine using frozen Russian assetsG7 leaders have agreed to engineer a US$50-billion loan to help Ukraine that would use interest earned on profits from Russia’s frozen central bank assets as collateral.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

G-7 Agree How to Tap Frozen Russian Assets for $50B to UkraineGroup of Seven nations have agreed on a loan structure based on the size of their economies to provide Ukraine with about $50 billion of fresh aid starting to flow by the end of the year, according to people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »