Ukraine war: Yellen sees ‘possibility’ of $50bn loan from seized Russian assets

There is a “possibility” that G7 nations will support Ukraine’s war effort through the use of billions of dollars in loans linked to seized Russian assets, the US Treasury secretary has told Sky News. In a wide-ranging interview with Sky’s Wilfred Frost, Janet Yellen said she was hopeful of a “united front” on the issue ahead of a key meeting of finance ministers in Italy, arguing that Ukraine had “substantial needs”. Ukraine war latest: Putin sacks minister in new sign of shift in strategy She also admitted there was a possibility that China could respond to the imposition of US…