G7 leaders agree on $50 billion loan for Ukraine utilizing frozen Russian assets ...Iraq

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G7 leaders agree on $50 billion loan for Ukraine utilizing frozen Russian assets
Shafaq News / Leaders of the Group of Seven (G7) nations have finalized an agreement during their summit in Italy to extend a substantial $50 billion loan to Ukraine, leveraging frozen Russian assets, a senior US official announced on Thursday.The official, who spoke on condition of anonymity, disclosed, "We have achieved a high-level political understanding regarding this agreement. $50 billion will be allocated this year to support Ukraine."Earlier in May, European Union member states had greenlit a plan to utilize returns from frozen Russian assets to bolster Ukraine's defense capabilities, potentially yielding between 2.5 to 3 billion euros annually.The United States spearheaded efforts

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