"Global Tensions: US Proposes War Bonds, Russia Warns Banks, and Ukraine Demands €5B in Asset Profits"

The US has proposed a $50 billion war bonds program, backed by frozen Russian assets, to support Ukraine's war effort. The so-called freedom bonds would allow investors to loan Kyiv much-needed cash at favorable interest rates, with the bonds backed by interest generated from the frozen Russian assets. While the proposal is still in early stages, the US is struggling to send funding to Ukraine, with a $60 billion aid package held up in Congress. European leaders are nervous about seizing Russian assets, but some support a plan to use the proceeds to buy arms for Ukraine.