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g7
12/12/2024
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By Belle Carter
Biden approves $20B loan to Ukraine right before Trump takes office
President Joe Biden has announced a $20 billion loan to Ukraine, part of a broader $50 billion G7 loan deal with additional contributions from the European Union, the United Kingdom, Japan and Canada. The loan will be repaid using interest from Russia’s frozen sovereign assets, estimated at around $300 billion. This move aims to provide support […]
10/24/2024
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By Ethan Huff
Medvedev warns U.S. quest for “world domination” threatens “complete extermination” of humanity
Former Russian President Dmitry Medvedev is warning the United States to abandon its ambitions of “world domination” or else risk unleashing a war that could result in the “complete extermination” of humanity. The current deputy head of Russia’s Security Council, Medvedev stated this week that Washington’s goal is “domination over the Old World, as well […]
10/15/2024
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By Laura Harris
Hungary to block $50 billion EU loan to Ukraine until after U.S. election
Hungarian Minister of Finance Mihaly Varga has announced that Budapest is temporarily blocking the European Union’s decision to provide Ukraine with a $50 billion loan from the profits of frozen Russian assets held by the bloc at least until after the United States presidential election. The loan, first agreed upon by the leaders of the […]
06/28/2024
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By Richard Brown
EU okays transfer of $1.5B to Ukraine drawn from frozen Russian assets
For the first time, European Union foreign ministers have approved the transfer of approximately €1.4 billion ($1.5 billion) in military and financial aid to Kyiv. This aid will be funded by interest profits drawn from frozen Russian central bank assets. EU foreign policy chief Josep Borrell announced the approval on Monday, coinciding with reports that […]
06/20/2024
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By Ethan Huff
G7 planning to escalate war by using frozen Russian assets to give billions more to Ukraine
The Group of Seven (G7) gathering in Italy just ended last week, and the plan this time is to finagle a $50 billion fund for Ukraine that will be backed by frozen Russian assets. The Biden regime is pushing the European Union (EU) and other G7 nations to set up the fund quickly so the Zelensky […]
06/18/2024
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By Richard Brown
U.S., Ukraine sign 10-year bilateral security agreement backed by nothing
President Joe Biden and Ukrainian President Volodymyr Zelensky have signed a landmark 10-year bilateral security agreement, aimed at strengthening Ukraine’s defenses against Russian aggression and moving the country closer to NATO membership. The agreement was finalized on the sidelines of the G7 summit in Italy, signaling a commitment from the U.S. to support Ukraine regardless […]
05/28/2024
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By Richard Brown
G7 inching closer to final resolution on seizing frozen Russian assets to aid Ukraine
Finance officials from the Group of Seven (G7) wealthy democracies have announced progress on a proposal by the United States to generate more funds for Ukraine using Russian assets frozen in their respective countries. “We are making progress in our discussions on potential avenues to bring forward the extraordinary profits stemming from immobilized Russian sovereign […]
03/04/2024
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By News Editors
Schizophrenic world order: The West is willing to destroy its financial system to punish Russia
US Treasury Secretary Janet Yellen has become the latest to add her voice to the growing chorus of Western officials calling for the seizure of Russia’s $300 billion in frozen foreign-exchange reserves for the benefit of Ukraine. This comes after UK Prime Minister Rishi Sunak penned an op-ed over the weekend in which he called […]
03/01/2024
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By Cassie B.
CONTORTIONIST ACT: G7 experts claim that seizing frozen Russian assets is legal given Russia’s “unlawful conduct” toward Ukraine
A group of lawyers for the G7 nations has released a letter in which they argue that confiscating Russian funds that the G7 froze in 2022 does not go against international law due to the scale of Russia’s “unlawful conduct” toward Ukraine. The countries froze roughly $280 billion of Russian sovereign funds shortly after the […]
02/26/2024
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By Richard Brown
U.S., other countries impose sanctions on over 500 Russian economic targets to mark the second anniversary of war in Ukraine
The United States and other countries have marked the second anniversary of the ongoing war in Ukraine with more sanctions targeting Russia. These sanctions include over 500 targets and will specifically focus on Russia’s military-industrial complex and companies in countries that facilitate Russia’s access to desired goods, according to Deputy U.S. Treasury Secretary Wally Adeyemo. The move is […]
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