Biden: West is not ‘backing down’ to Putin

Today’s $50 billion loan to Ukraine shows Vladimir Putin we are “not backing down”, Joe Biden said at the G7 Summit in Italy. Speaking alongside Volodymyr Zelensky, the Ukrainian president, Mr Biden said he was “very pleased” with the loan, which is secured against $260 billion in frozen Russian assets. “To put that money to work for Ukraine [is] another reminder to Putin we’re not backing down. In fact, we’re standing together against this illegal aggression,” he said. #ukraine #g7 #usa #news Read more: Subscribe to The Telegraph with our special offer. Start your free trial now: Get the latest headlines: and are w