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G7 leaders agree on 50 billion loan for Ukraine using Russian assets

G7 leaders have finalized a $50 billion loan deal for Ukraine, to be repaid using profits from over $250 billion in Russian assets frozen after the invasion. The U.S. will contribute $20 billion, while the EU plans to allocate up to €35 billion, with additional funds from the U.K., Canada, and Japan. The loans will begin disbursing on December 1 and are expected to address Ukraine's urgent financing needs until the end of 2027.

zelenski seeks nato membership amid ongoing war and cautious responses

Ukrainian President Volodimir Zelensky's push for NATO membership remains unfulfilled despite his extensive diplomatic efforts in Brussels. While NATO members reaffirmed that Ukraine's path to membership is "irreversible," significant reservations persist, particularly regarding ongoing conflict and potential escalation risks. Zelensky did secure some financial commitments, with NATO Secretary General Rutte noting that over half of the promised 40 billion euros has been disbursed.
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