AP News -Leaders of the Group of Seven wealthy democracies have agreed to engineer a $50 billion loan to help Ukraine in its fight for survival that would use interest earned on profits from Russia’s frozen central bank assets as collateral. Most of the money would be provided in the form of a loan from the U.S. government, backed by windfall profits earned on $300 billion in immobilized Russian assets. The vast majority of the money is being held in European Union nations. Read more.
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