US EditionBiden admin loans Ukraine $20B backed by profits from ‘immobilized’ Russian assets
- The biden administration is providing ukraine with a loan of $20 billion
- This loan is backed by profits generated from the immobilized assets of russia
- The funds are intended to bolster ukraine's economy amid ongoing conflict
- The decision reflects the u.s.
121 Articles
121 Articles
Biden Funnels $20 Billion to Ukraine—Funded by Seized Russian Assets
The Biden administration stated Tuesday that it had allocated $20 billion in loans to Ukraine, which would be repaid from revenues earned by “immobilized” Russian assets. “These funds – paid for by the windfall proceeds earned from Russia’s immobilized assets – will provide Ukraine a critical infusion of support as it defends its country against an unprovoked war of aggression,” a statement from Treasury Secretary Janet Yellen stated. The monies…
US loans Ukraine $20 billion before Biden's departure
This article was originally published by Radio Free Europe/Radio Liberty and is reprinted with permission. The United States on December 10 said it has loaned Ukraine $20 billion backed by the interest earned on frozen Russian assets, part of a $50 billion G7 support package agreed to this summer. The Biden administration had promised to distribute the loan before the end of the year amid concern over whether President-elect Donald Trump would c…
New York Post
Biden admin loans Ukraine $20B backed by profits from ‘immobilized’ Russian assets
The Biden administration announced Tuesday that it has distributed $20 billion in loans to Ukraine that will be recouped from profits generated by “immobilized” Russian assets.
The $20 billion aid unlocked by the United States for Ukraine on Tuesday, which will be financed from the interests of Russian assets frozen due to sanctions, is a "theft", Russian diplomacy denounced on Wednesday, which...
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