50B

Yellen says G7 $50B loan to Ukraine is legal, not ‘theft’ as Putin claims

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Treasury Secretary Janet Yellen on Sunday reaffirmed the legality of the Group of Seven (G7) $50 billion loan to Ukraine and touted the strong alliance between the Western countries. “There is no sense at all in which it’s theft,” Yellen told ABC News’s Jonathan Karl when asked on “This Week” whether she has concerns about … Read more

US, Europe agree to lock up Russian assets until it pays for Ukraine war, clearing way for $50B loan

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BORGO EGNAZIA, Italy — The United States and European countries have agreed to lock up sanctioned Russian assets until Moscow pays reparations for its invasion of Ukraine, a senior U.S. official said Thursday. The move clears the way for leaders to announce a $50 billion loan package for Kyiv at the Group of Seven summit, … Read more