US gives $20bn to Ukraine funded by seized Russian assets
Source: BBC
The US has given $20bn (£15bn) to Ukraine, funded by the profits of seized Russian assets.
...
The US Treasury said on Tuesday that it had transferred the $20bn to a World Bank fund, where it will be available for Ukraine to draw from.
Money handled by the World Bank cannot be used for military purposes.
The administration had hoped to dedicate half of the money to military aid, the Reuters news agency reported, but this would have required approval from Congress.
Read more: https://www.bbc.co.uk/news/articles/c047zrzr2xro
That's good. Non-military aid is still needed.
CousinIT
(10,485 posts)PortTack
(34,830 posts)Happy holidays and SLAVA UKRAINE!
JoseBalow
(5,630 posts)maxsolomon
(35,358 posts)One last hurrah, right in MFer's face.
Ukraine should use it to invade Transnistria.
cstanleytech
(27,178 posts)That's just as much a win IMO
Lucky Luciano
(11,486 posts)70sEraVet
(4,235 posts)That money can really help bring emergency supplies to an increasingly desperate people!
AND BIDEN IS MAKING PUTIN PAY FOR IT!
4catsmom
(291 posts)Thank you Joe