Janet Yellen to push G7 to bring forward interest on Russian assets to aid Ukraine

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US treasury secretary Janet Yellen will urge G7 finance officials to advance interest earnings from frozen Russian assets to quickly support Ukraine, according to a senior US treasury official. Ahead of Yellen's May 21-25 trip to Frankfurt and the G7 meeting in Stresa, Italy, the official noted progress toward a consensus on using approximately $300 billion in frozen Russian sovereign assets from the 2022 invasion.
May 17, 2024 at 09:44PM
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