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Ukraine to Receive $50 Billion from Frozen Russian Assets, Blinken Confirms (united24media.com)

submitted 8 months ago by BruceAlrighty@lemmy.nz to c/world@quokk.au

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In the coming weeks, Ukraine will receive $50 billion from frozen Russian assets held in the United States and the European Union, US Secretary of State Antony Blinken announced on December 4.

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[–] StraponStratos@lemmy.sdf.org 8 points 8 months ago

Yes it’s frozen so Russia can’t take it out. And now those frozen funds have been confiscated to give to Ukraine.

This isn’t rocket science.