Blinken Confirms $50 Billion Transfer to Ukraine from Frozen Russian Assets
In a coordinated effort, the U.S. and EU will transfer $50 billion in frozen Russian assets to Ukraine for economic and defense support. This substantial sum, derived from assets frozen in response to Russia’s invasion, will be disbursed in the coming weeks. The announcement follows a recent $725 million U.S. weapons package for Ukraine, including missiles, artillery, and drones. This combined aid, totaling over $260 billion from the U.S. and its allies since 2022, aims to bolster Ukraine’s defenses against ongoing Russian aggression.
John Q. Hosedrinker