G7 Nears $50 Billion Aid Breakthrough for Ukraine Amid Ongoing Conflict

The international community is set to finalize a major financial package for Ukraine, funded by frozen Russian assets, as tensions with Russia remain high.

• The G7 countries are expected to approve a $50 billion aid package for Ukraine, with the U.S. contributing $20 billion and the EU adding 18 billion euros.
• This financial support will be backed by interest from frozen Russian central bank assets, ensuring that the cost does not fall on American taxpayers.
• Russia and Ukraine continue to exchange drone attacks, with recent strikes causing casualties and damage in both countries.
• South Korea is considering supplying weapons to Ukraine in response to growing military ties between North Korea and Russia.
• UN Secretary-General António Guterres faces criticism over a potential visit to Russia for the BRICS summit, amid ongoing tensions with Ukraine.

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Süddeutsche Zeitung