The Independent emphasizes its commitment to delivering quality news on pressing issues such as reproductive rights, climate change, and geopolitical tensions, including the ongoing war in Ukraine. The publication seeks to maintain journalistic integrity by offering free access to news, funded through donations. In a significant development, UK Chancellor Rachel Reeves announced a £2.26 billion loan backed by frozen Russian assets to aid Ukraine, underlining the importance of international alliances and military support at this pivotal moment in the conflict.
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Rachel Reeves has announced plans to loan more than 2bn worth of frozen Russian assets to fund weapons in Ukraine as the prime minister warns that we are at a turning point in the war.
The formal agreement was signed by Ms Reeves and Ukrainian finance minister Sergii Marchenko on Saturday, with the first tranche of funding expected to reach Kyiv later next week.
The loan will be earmarked for military spending to bolster Ukraine's defences - forms part of the UK's contribution to the G7 Extraordinary Revenue.
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