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U.S. Treasury Secretary Janet Yellen has proposed utilizing frozen Russian state assets to financially support Ukraine ahead of the G7 Finance Ministers and Central Bank Governors meeting. During her speech at the Frankfurt School of Finance, where she received an honorary doctorate (sic!), Yellen emphasized that this topic would be a key discussion point at the upcoming consultations. Her plan involves leveraging these frozen assets to generate over $50 billion in new credit. It's always only about creating more credit!
US freezes Russias assets and the do the same. What a sandbox.
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