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BARI, Italy — President Joe Biden and his counterparts from the wealthiest democratic nations reached a deal Thursday to give Ukraine a $50 billion loan this year backed by frozen Russian assets, signaling a sustained commitment to beat back Russia’s invasion, U.S. officials said.
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.
BORGO EGNAZIA, Italy (AP) — A Group of Seven summit opened Thursday with agreement reached on a U.S. proposal to back a $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.
A Group of Seven summit is opening Thursday with agreement on a U.S. proposal to back a $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.
Italy is hosting the summit of the Group of Seven leading industrialized nations in the wake of the European Parliament election, which saw a surge in support for the far right in places like G7 members France and Germany.
With the Lok Sabha elections getting completed and the new Council of Ministers in place, Prime Minister Narendra Modi is turning his focus to foreign policy now.
WASHINGTON (AP) — 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.
BRINDISI, Italy (AP) — President Joe Biden and President Volodymyr Zelenskyy will sign a bilateral security agreement between the U.S. and Ukraine on Thursday when they meet on the sidelines of the Group of Seven summit in Italy.