Shouldn't this have resolved YES in October? What am I missing?

USA Today

@Sketchy The loan hasn't gone into force yet https://g7.utoronto.ca/finance/241025-finance-era.html

"Each bilateral loan will enter into force no later than 30 June 2025. Bilateral loans will be fully disbursed to the benefit of Ukraine between 1 December 2024 and 31 December 2027, in instalments that will reflect Ukraine’s urgent financing needs."

@vernalpool Makes sense. I found a recent statement by Blinken that they’re still finalizing it.

Bipartisan legislation would allow $5-8B of Russian assets to be seized by the US and used to fund Ukraine weapons purchases.

Seems undervalued. The legal structure appears clear - Ukraine sells its reparations claims to the west, who then realises them by seizing Russian assets. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4733340