Ukraine-Russia live: Putin quiet over throwing North Korean forces into war as troops are spotted in Kursk

The White House said Wednesday that Group of Seven allies are moving forward with providing Ukraine with $50 billion in loans for Ukraine backed by frozen Russian assets.

Leaders of the wealthy democracies agreed earlier this year to engineer the mammoth loan to help Ukraine in its fight for survival after Russia’s invasion. Interest earned on profits from Russia’s frozen central bank assets would be used as collateral.

Daleep Singh, the White House deputy national security adviser on international economics, said the United States plans to provide a loan of $20 billion. The additional $30 billion will come from the European Union, the United Kingdom, Canada and Japan. among others.

“To be clear, nothing like this has ever been done before,” Singh said.

US and South Korean officials said Wednesday that there’s evidence North Korea has dispatched troops to Russia in a potential escalation of the nearly 3-year-old war with Ukraine.

If the soldiers’ goal is fighting with Russia in Ukraine, it would be the first time a third country puts boots on the ground in the war. Other countries on both sides of the divide have sent military aid, including weapons and training: Iran has supplied Russia with drones, and Western nations have provided Ukraine with modern weapons and financial and humanitarian assistance.

Ukraine said it shot down 40 of 50 Russian drones launched in an overnight attack, while another seven had disappeared from radars.

Kyiv said one drone was still in Ukrainian airspace while two others had turned back towards Russia and Belarus.

Ukraine uses electronic warfare systems to confuse drones’ navigation systems, which often leads them to disappear from radars or change course.

South Korea has warned that it could consider supplying weapons to Ukraine in response to North Korea allegedly dispatching troops to Russia.

The South Korean statement is apparently meant to pressure Russia not to bring in North Korean troops in its war against Ukraine. South Korean officials worry that Russia may reward North Korea by giving it sophisticated weapons technologies that can boost the North’s nuclear and missile programs that target South Korea.

In an emergency National Security Council meeting, top South Korean officials condemned North Korea’s alleged dispatch of troops as “a grave security threat” to South Korea and the international community. They described North Korea as “a criminal group” that forces its youths to serve as Russian mercenaries for an unjustifiable war, the South Korean presidential office said in a statement.

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It is not up to Germany to dictate to other countries how they should support Ukraine, a German government spokesperson said on Wednesday, amid debate over South Korea’s response to the possible deployment of North Korean troops in support of Russia.

“I don’t think it is up to us here to tell other countries how they should organise their support for Ukraine,” the spokesperson told a press conference in Berlin, when asked about the government’s position on the issue.

A spokesperson for the German foreign office said South Korea was a close partner of Germany and that the countries had regular contact on security policy, without going into detail.