1srelluc
Diamond Member
US to allocate $20 billion to Ukraine as part of G7 aid from Russia's assets - FT
Read more
The United States is ready to provide Ukraine with up to $20 billion, reports the Financial Times. These funds will be allocated as part of the G7 loan, which will be repaid from the profits generated by frozen Russian assets.
The newspaper noted that the loan negotiations are accelerating as Western officials want to provide funding to Kyiv by the end of the year, realizing that if presidential candidate Donald Trump wins the US election, Washington's aid to Ukraine could be cut off.
Negotiations on a loan for Ukraine
The Group of Seven countries have been negotiating the structure of the $50 billion loan agreed in June for several months, with Washington's contribution expected to be less than originally planned because the EU could not guarantee that Russian assets would remain immobilized for at least three years.
But on Friday, US officials told their G7 counterparts that Washington would provide the full initial amount, which is about $20 billion.
Uh huh, "frozen Russian accounts". Oh yeah, that's sounds legit, because we've been through years of "oops the Pentagon had an accounting error and now we can give them more money", but nobody ever thought to give them money from the mythical "frozen Russian accounts" up until now?
Yeah right......I might have been born at night, but it wasn't last night.