Scholz said the G7 is finalizing work on allocating a $50B loan to Ukraine; the US has confirmed this information.

German Chancellor Olaf Scholz said that completing the work to provide the $50B loan agreed upon by the G7 countries is a clear signal to Putin regarding his long-term support for Ukraine. In turn, US Treasury Secretary Janet Yellen confirmed that the US is almost ready to offer $20B as part of…