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G7 leaders agree on US$50B loan for Ukraine using frozen Russian assets

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A Group of Seven summit opened Thursday with agreement reached on a U.S. proposal to back a US$50 billion loan to Ukraine using frozen Russian assets as collateral, giving Kyiv a strong show of support even as Europe’s political chessboard shifts to the right.

70c8fc80 G7 leaders agree on US$50B loan for Ukraine using frozen Russian assets

Italian Premier Giorgia Meloni welcomed the G7 heads of state to the summit at a luxury resort in southern Italy, saying she wanted the message of this meeting to be one of dialogue with the global south and unity.

She likened…


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