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Friday Briefing: A $50 Billion G7 Loan to Ukraine

Friday Briefing: A  Billion G7 Loan to Ukraine


At the G7 summit in Italy, the member international locations agreed on a plan to offer Ukraine a $50 billion mortgage to assist it purchase weapons and start to rebuild broken infrastructure. The new mortgage comes at a vital second within the conflict, when Russia has the momentum on the battlefield.

The mortgage is anticipated to be repaid utilizing curiosity earned on $300 billion in frozen Russian belongings, that are largely in a monetary establishment in Belgium. In our Opinion part, Janet Yellen, the U.S. treasury secretary, defined how the mortgage will work.

President Biden additionally signed a 10-year safety pact with Ukraine’s authorities, to point out a long-term U.S. dedication to the nation. It’s designed to be a bridge to Ukraine’s membership in NATO. Japan signed a 10-year safety settlement with Ukraine as effectively, which included a pledge of $4.5 billion.

Separately, NATO’s protection chiefs gathered yesterday in Brussels to pledge extra weapons to Kyiv. They additionally met to arrange long-term army commitments to be introduced subsequent month at a summit in Washington. One enhance for Ukraine: An settlement that Hungary wouldn’t contribute to the army alliance’s conflict effort — but in addition wouldn’t block it.

Biden’s angle: The safety settlement is his newest effort to steer allies that the U.S. will proceed backing Ukraine even when Donald Trump wins the presidency this fall.

More on the G7: Most leaders arrived on the summit beleaguered, embattled or endangered. Many of them are going through elections that weaken their positions. Read extra concerning the summit.


The Supreme Court upheld broad entry to mifepristone, a extensively out there abortion capsule. The unanimous choice signifies that entry to remedy abortion — by far the most typical methodology used within the U.S. — will proceed for now. It was a serious loss for the anti-abortion motion, which is aggressively in search of an finish to all abortion within the nation.

The justices rejected a bid by anti-abortion organizations and medical doctors to unravel a U.S. regulator’s approval of mifepristone. But it doesn’t change the truth that remedy abortion stays unlawful within the 14 states with near-total bans on abortion.

The numbers: More than 171,000 individuals traveled out of state to get an abortion in 2023. This map exhibits the place they went.


Scientists have struggled for many years to elucidate reproductive-health racial disparities within the U.S. Hair relaxers, that are extensively utilized by Black ladies, could provide a solution: They include many substances which are prohibited in different international locations and have been linked to reproductive issues and cancers.

Lives lived: Akira Endo, whose analysis paved the way in which for medication that decrease “unhealthy” ldl cholesterol, died at 90.

Gabriel Sanchez, a photograph editor at The Times, watched his father work the fires at a storied Texas barbecue smokehouse. Sometimes, his dad’s nostril was near-frostbitten after hours working in a subzero icebox. Or his arms have been tinged by the flames. When Gabriel grew up, his dad taught him the way to barbecue, too.

“I noticed my dad was by no means simply instructing me about barbecue — he was displaying me what it takes to be an excellent father,” Gabriel writes in an essay. “To discover ways to cook dinner barbecue is to discover ways to settle for failure as a chance for development. And it goes with out saying that essentially the most important ingredient for elevating youngsters is endurance.”

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Written by EGN NEWS DESK

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