G7 leaders reached an agreement to utilize frozen Russian assets as collateral for a $50 billion loan to Ukraine, with the Biden administration emphasizing that Russia will bear the repayment responsibility.

Leaders of the Group of Seven (G7) met in Italy on Thursday and decided to provide Ukraine with a loan secured by assets that Russia had frozen. Furthermore, the Biden administration has promised $50 billion in total, albeit the exact amount is yet unknown.

https://twitter.com/Im...