Treasury Secretary Janet Yellen announced on Oct. 22 that the United States and its partners in the Group of Seven (G7) nations are closing in on a final plan to lend as much as $50 billion to Ukraine, which is fighting a Russian invasion.
The G7 nations—the United States, Canada, France, Germany, Italy, Japan, and the UK—reached a tentative plan in June to provide $50 billion in new loans to Ukraine using frozen Russian assets as collateral.
