this post was submitted on 26 Oct 2024
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The Group of Seven (G7) has reached an agreement to provide Ukraine with approximately $50 billion in loans backed by the revenue from foreign Russian assets, the G7 announced on Oct. 25.

"Our aim is to begin disbursing the funds by the end of the year," a statement from the G7 leaders read.

During the G7 summit in Italy in June, G7 leaders publicly confirmed an agreement on the plan to provide Ukraine with a $50 billion loan. Officials said shortly thereafter that the plan would be finalized in October.

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[–] [email protected] 7 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

A loan? should be a donation

[–] [email protected] 0 points 2 weeks ago (1 children)

It's really wild how imperial media frames these loans as "aid" when it's flagrant war profiteering.

[–] [email protected] 0 points 2 weeks ago

Off of Russian money.

They're loans against the Russian money, paid for by yields off Russian money, given to Ukraine as weapons aid.

Sounds awesome to me.

[–] [email protected] 11 points 2 weeks ago

A small loan of 50 billion dollars :D

[–] [email protected] -4 points 3 weeks ago

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