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Ukraine drops $120B bombshell, urges NATO to use frozen Russian funds or pledge GDP share

Published on Oct 16, 2025 03:58 pm IST

Ukrainian Defence Minister Denys Shmyhal urges allies to commit 0.25% GDP or use frozen Russian assets to fund $120B in weapons for Kyiv. In Brussels, he outlines Ukraine’s urgent defense needs as the EU considers a massive reparations loan. What’s next for Europe, Moscow, and global security?

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