Funds for Russia, frozen for 15 years, will be redirected to aid Ukraine, U.S. says. More than $135 million of a long-do…

Funds for Russia, frozen for 15 years, will be redirected to aid Ukraine, U.S. says.

More than $135 million of a long-dormant U.S. government fund that was established to invest in Russia’s private sector will be distributed to help the economies of Ukraine and its neighbor, Moldova, recover from Russia’s war, the U.S. Agency for International Development announced on Wednesday. Read more

@nytimes