US Treasury Secretary: Russia's assets will not replace US aid to Ukraine
Kyiv • UNN
The head of the U.S. Treasury Department says that confiscated Russian assets cannot replace urgently needed U.S. aid to Ukraine, which has been delayed in Congress.
Any plan to confiscate or monetize $300 billion worth of frozen Russian assets in favor of Ukraine cannot be considered a substitute for urgently needed aid that has been delayed in Congress. This was stated by U.S. Treasury Secretary Janet Yellen, Bloomberg reports, UNN writes.
I don't see any real substitute for Congress giving Ukraine the aid it needs this year. I don't think anyone can fill that gap
Details
She also noted that while the European Union has offered Ukraine "very significant funding" and Japan has also contributed, "the total amount seems insufficient. These funds could help the country cope with the situation in the near future while Kyiv waits for more comprehensive assistance, she said.
More than $60 billion in proposed US emergency aid to Ukraine has been stuck in Congress for months as Republican leaders try to force President Joe Biden to implement immigration policy. Yellen warned that without the aid, Ukraine could face serious difficulties.
Yellen acknowledged Europe's concerns, but said her colleagues were open to cooperation with the United States.
When they hear that we believe there is a good international rationale, that we can look for alternatives to try to mitigate various risks, they are certainly willing to work with us,
Recall
The U.S. Treasury Secretary urged G20 financial leaders to find a way to transfer $300 billion worth of frozen Russian assets to Ukraine to strengthen its defense and rebuild after the war.
The death of Iran's president: who was Raisi and what is known about his successor
Week of great opportunities: horoscope for all signs of the Zodiac for May 20-26
In Lviv, only one ASC is currently ready to accept persons liable for military service to update their data
Kyiv's ASCs are ready to accept persons liable for military service to update their data from today
The Association of International Road Carriers says that TCC employees have done everything possible to make drivers afraid to go on trips
Advisor to the Head of Kyiv RMA comments on accusations of working for a "Russian" company
NABU plans to seize land of ATO participants - Rada calls it immoral
Tax Service major fell victim to oligarchic game - human rights activist about the case against acting deputy head of the State Tax Service Sokur
Updating military registration data through Administrative Service Centers: are ASCs ready
Current electricity restrictions may last until August - Prime Minister's advisor
US Treasury Secretary: Russia's assets will not replace US aid to Ukraine
The situation near Chasovyi Yar is very tense, Russia is deploying its main forces there - Yevlash
Europe’s Unusually Mild Winter Is Set to Extend Into March - Bloomberg
A record volume of cargo was exported through the Ukrainian corridor in the Black Sea in February: 8 million tons
Rescuers save a man in Kostiantynivka, Donetsk region, while eliminating the consequences of shelling
NATO standards in medical support of the Armed Forces: Zelensky signed the law
NBU cuts foreign currency sales for the second month in a row
Expert: Ukraine can buy ammunition from Balkan countries only through intermediariesExclusive
Civil society activists adapt the American experience of supporting veterans to Ukrainian realities
Loud explosions in Mariupol: occupants' bookmaker's warehouse destroyed
Popular
TCC representatives can serve summonses around the clock: what is known
Almost a hundred seals on one island: Ukrainian polar explorers show "invasion" of seals
First black astronaut finally reaches space after 63 years of waiting
Prime Minister of Croatia confirms his participation in the Peace Summit
G7 allies are set on US plan to freeze Russian assets for Ukraine - FT
Publications
The death of Iran's president: who was Raisi and what is known about his successor
Hunting for a mole: why Yulia Tymoshenko's MP closed his declarations
Attempt on the Prime Minister of Slovakia: xenophobia and the Russian trace
The law on strengthening mobilization: what will change after May 18 for those liable for military service
The Housing Capital case: where did the billions go?
US Treasury Secretary: Russia's assets will not replace US aid to Ukraine
The head of the U. S. Treasury Department says that confiscated Russian assets cannot replace urgently needed U.S. aid to Ukraine, which has been delayed in Congress.
The situation near Chasovyi Yar is very tense, Russia is deploying its main forces there - Yevlash
Russia concentrated its main forces on Chasovyi Yar as the key to continuing its offensive on Kostyantynivka.
Europe’s Unusually Mild Winter Is Set to Extend Into March - Bloomberg
The mild weather in early March will help curb the rise in energy prices in Europe, serving as a reminder of the effects of climate change.
A record volume of cargo was exported through the Ukrainian corridor in the Black Sea in February: 8 million tons
In February, a record 8 million tons of cargo were exported through the humanitarian corridor in the Black Sea, of which 5. 2 million tons were products of Ukrainian farmers.
Rescuers save a man in Kostiantynivka, Donetsk region, while eliminating the consequences of shelling
Firefighters rescued a 68-year-old man from a burning two-story medical facility in Konstantinovka, Donetsk region, which was hit by Russian shelling.
NATO standards in medical support of the Armed Forces: Zelensky signed the law
The law signed by President Zelenskyy introduces NATO clinical protocols and standards in the medical support of the Armed Forces of Ukraine.
NBU cuts foreign currency sales for the second month in a row
The National Bank of Ukraine cut foreign currency sales in February to $1. 5 billion, the second consecutive monthly decline.
Expert: Ukraine can buy ammunition from Balkan countries only through intermediaries
Ukraine can buy ammunition from the Balkan countries only through third parties due to the internal legislation of these countries.
Civil society activists adapt the American experience of supporting veterans to Ukrainian realities
The American experience of supporting war veterans will be introduced in Ukraine.
Loud explosions in Mariupol: occupants' bookmaker's warehouse destroyed
An ammunition depot of the Russian occupiers in the northwest of Mariupol was destroyed by explosions, according to an advisor to the mayor of Mariupol.