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Latest global hot spots, Russia-Ukraine conflict, Russia-Ukraine topic

UK pledges £ 2.26 bn military loan for Ukraine, backed from frozen Russian assets proceeds

The UK Government announced on 22 October a £2.26 billion ($2.93 billion) military loan to Ukraine, representing Britain’s contribution to the G7 Extraordinary Revenue Acceleration (ERA) Loans scheme. The loan comes as part of the G7’s broader $50 billion support package, repaid with windfall revenues from immobilized Russian assets, that was announced in June 2024.…

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