Ukraine Gets $3B From Putin's Funds Held by NATO Ally

Ukraine will receive a $3 billion loan from the United Kingdom to purchase military equipment, paid for by the profits generated from frozen Russian assets.

G7 members collectively froze about $280 billion of Russian central bank assets in response to Putin's invasion of Ukraine.

The vast majority of funds are in Europe and are expected to generate about $3-5 billion in profits a year.