Hanse Mina<p><a href="https://mastodon.social/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> Treasury Secretary Janet <a href="https://mastodon.social/tags/Yellen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Yellen</span></a> told Reuters on Friday that "things look good" for Group of Seven wealthy democracies to agree the terms of a $50 billion loan to <a href="https://mastodon.social/tags/Ukraine" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Ukraine</span></a> backed by Russian assets by October.</p><p>The $50 billion loan, agreed in principle by <a href="https://mastodon.social/tags/G7" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>G7</span></a> leaders in June, would be serviced with proceeds generated by some $300 billion of Russian central bank assets frozen in the West after <a href="https://mastodon.social/tags/Moscow" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Moscow</span></a> invaded Ukraine in early 2022.</p><p><a href="https://www.reuters.com/world/yellen-says-g7-can-reach-deal-50-bln-ukraine-loan-by-october-2024-07-26/" rel="nofollow noopener noreferrer" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/world/yellen-says-</span><span class="invisible">g7-can-reach-deal-50-bln-ukraine-loan-by-october-2024-07-26/</span></a></p><p><a href="https://mastodon.social/tags/Russia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Russia</span></a></p>