British Prime Minister Rishi Sunak will announce 242 million pounds ($309 million) in aid to Ukraine at the G7 summit in Italy. This funding aims to address urgent humanitarian and energy needs and support long-term socio-economic recovery and reconstruction in Ukraine. Sunak will also prioritize working with international partners to utilize frozen Russian assets, valued at $285 billion in G7 jurisdictions, to provide aid. Nikkei Asia reported on June 11 that the G7 will create a fund to support Ukraine using the income generated from frozen Russian assets. The fund will reportedly be created…