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Europe is considering seizing billions in frozen Russian assets to fund Ukraine's support. This move aims to maintain pressure on Russia and bolster Ukraine's defense. European leaders are discussing this crucial financing option. The European Commission proposes using these assets for loans to Ukraine. Belgium's initial hesitation is being addressed as the clock ticks on this vital decision.

The International Monetary Fund has agreed to a new four-year, 8.2 billion dollar program for Ukraine. This funding aims to stabilize Ukraine's economy amidst ongoing wartime pressures. The program is expected to attract significant international support to cover Ukraine's financing needs. Ukrainian officials view this agreement as crucial for securing further aid from global partners.

India in its latest MEA briefing to reiterate that any Ukraine peace initiative must be driven by "dialogue and diplomacy," closely echoing Prime Minister Modi's long-standing line that "this is not an era of war." India welcomed high-level engagement between Trump and Putin as a chance to end the conflict, but stressed that any deal should ensure respect for Ukraine's sovereignty, protect the UN Charter, and deliver a "lasting and just" peace rather than a purely tactical ceasefire. India also underlined that it is in regular contact with all sides - including Kyiv, Moscow, Washington, and key European partners - and stands ready to support any credible process that reduces violence and addresses the global economic fallout of the war.