Ukraine to Receive $50 Billion from Frozen Russian Assets, Blinken Confirms
Ukraine to Receive $50 Billion from Frozen Russian Assets, Blinken Confirms
US Secretary of State Antony Blinken outlined NATO's commitment to Ukraine, announcing $50 billion in support drawn from frozen Russian assets.
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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Wtf. Since when does "frozen" mean they can move it but not you?
Ive had my bank account frozen before, does that mean they could steal it? Frozen seems to suggest it can't be moved.
Edit: article doesn't say anything about how they're gonna pay back the $50 billion after the war. Is the idea to just wait for inflation?
They’re not going to pay it back.
The money is rightfully confiscated from them.
It says frozen, not confiscated. Frozen means it can't be confiscated. Because it's frozen.
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.