Group of Seven (G7) leaders announced on Thursday that they have officially agreed to provide Ukraine with a $50 billion loan by the end of 2024. This decision marks a significant commitment to support Ukraine’s defense of its sovereignty amidst ongoing conflicts. Funds to be sourced from profits of confiscated Russian assetsGerman Chancellor Olaf Scholz emphasized the historic nature of the support, stating, As the G7 we are mobilizing $50 billion for Ukraine – to defend its sovereignty. A historic step. The loan will be sourced from the profits generated and accumulated from confiscated Russ…