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Ukraine Receives First $1 Billion Payout From Profits On Frozen Russian Assets
Ukraine has received its first $1 billion installment from profits generated by frozen Russian assets.
The Gateway Pundit previously reported that the Biden regime announced a controversial $20 billion loan to Ukraine.
The funds are derived from frozen Russian assets, which critics are calling outright theft and an unprecedented gamble with international norms.
This decision is part of a broader $50 billion package orchestrated by the Group of Seven (G7) nations, aiming to support Ukraine amidst its ongoing conflict with Russia.
“These funds – paid for by the windfall proceeds earned from Russia’s own immobilized assets – will provide Ukraine a critical infusion of support as it defends its country against an unprovoked war of aggression,” Secretary of the Treasury Janet Yellen said in a statement.
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