Officials are racing against the clock tonight to finalize a deal for a $50 billion loan package for Ukraine using profits from frozen Russian assets. Sources say it is a top priority before President Joe Biden's meeting with G7 leaders in Italy next week.
Meanwhile, Ukraine claims to have dealt a major blow to Russia as its drones damaged one of Russia's most powerful warplanes, the Su-57, a supersonic stealth fighter that can evade radar. The attack occurred inside Russia, about 600 kilometers from the Ukrainian border, marking a significant escalation in the conflict.
The incident raises concerns about the extent of Ukrainian military actions inside Russia and the potential implications of President Biden's authorization for the use of U.S. munitions in the region. While European allies advocate for caution, the trend seems to allow Ukrainians to target positions deeper into Russian territory, posing a challenge for Putin.
With Ukraine stabilizing its northern front with Western weapons and the possibility of additional funding, such as the $50 billion loan package, the country may receive crucial support for its defense efforts. President Biden's proposed $255 million for ammunition and air defense systems could further enhance Ukraine's capabilities on the battlefield.
The debate over using profits from frozen Russian assets to aid Ukraine intensifies as the U.S. pushes for leveraging these funds to provide financial assistance. The complex nature of this proposal involves repaying loans with Russian money, sparking controversy but reflecting the determination to support Ukraine amidst the ongoing conflict.
