UK strengthens national security and bolsters Ukraine’s war chest with £2.26 billion military loan. (www.gov.uk)
from Dot@feddit.org to world@lemmy.world on 22 Oct 07:31
https://feddit.org/post/4000304

The new £2.26 billion is the UK’s contribution to the G7 Extraordinary Revenue Acceleration (ERA) Loans to Ukraine scheme, in which $50 billion from G7 countries will be delivered to Ukraine for its military, budget and reconstruction needs. The loan will be repaid using the extraordinary profits on immobilised Russian sovereign assets.

#world

threaded - newest

MediaBiasFactChecker@lemmy.world on 22 Oct 07:33 next collapse

The news source of this post could not be identified. Please check the source yourself. Media Bias Fact Check | bot support

technocrit@lemmy.dbzer0.com on 22 Oct 15:23 collapse

Loaning money is not aid. It’s literally war profiteering, leeching off the most desperate. That’s how empire has always offered “help”.