West inching closer to tapping $300bn in frozen Russian assets – US  ...News

Washington and its allies could give Kiev a loan based on profits from blocked funds, Treasury Secretary Janet Yellen has said The US and its allies are nearing agreement on plans to provide Ukraine with a multibillion-dollar loan which would be linked to profits accrued from frozen Russian sovereign assets, US Treasury Secretary Janet Yellen has said.   The proposal comes as Washington and its G7 allies – the UK, Canada, France, Italy, and Japan – are seeking ways to urgently unlock more funding for Kiev, Yellen told the Senate Appropriations Committee on Tuesday.    According to Yellen, the US has been discussin

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