'We're not about to fold': Janet Yellen says efforts are underway to package a $50 billion loan to Ukraine using frozen Russian funds

• Janet Yellen told The New York Times that G7 leaders will discuss the details of a loan program for Ukraine.
• The loan would use proceeds from Russia's frozen asset and potentially offer a $50 billion lifeline.
• The aid could offer Ukraine a means of survival as Moscow amplifies its offensive.

The US and its allies are getting serious about a plan to finance Ukraine using interest earned on Russia's frozen assets. Under the idea, these profits would be bundled together into a sizable loan, a possible means of survival for Kyiv.