G7 allies move ahead with $50 billion loan for Ukraine backed by frozen Russian funds
Voice of America
Emergency workers clear the rubble after an overnight Russian attack with guided bombs in Zaporizhzhia, Ukraine, Oct. 21, 2024. (Ukrainian Emergency Service via AP)
Ukraine will receive $50 billion in loans, backed by frozen Russian assets, from Group of Seven allies, the White House said Wednesday. Distribution of the money will begin by year's end, according to American officials who said the United States is providing $20 billion of the total.
A worker guts fish caught by Palauan fishermen at a fish market by Ngermalk Bay in Palau, Oct. 16, 2024. Map of Palau marine sanctuary and fishing zone A fishing boat that belongs to the Belau Offshore Fishers Inc. docks by the shore on Palau’s Malakal Island, Oct.16, 2024. Richard Rechirei, a Palauan fisherman, speaks with VOA at a ship repair shop in Palau, Oct. 16, 2024.