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G7 leaders at the summit in Italy may be presented with a proposal to grant Ukraine a loan secured by frozen Russian assets, citing US Treasury Secretary Janet Yellen. According to Yellen, the loan proposal has garnered significant support. The US Treasury Secretary estimates that the income from the frozen Russian assets amounts to approximately $3 to $5 billion annually. “So we’re hopeful that this can be worked into something to be presented to the leaders at the upcoming G7 meeting,” Yellen said. The White House also said that any decision regarding the monetization of around $300 billion …

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