G7 foreign ministers optimistic about using frozen Russian assets to support Ukraine with $300 billion reconstruction loan

U.S. Treasury Secretary Janet Yellen thinks it's okay to give Ukraine a big loan using money from Russia. She talked about this with other finance ministers from G7 countries. They met in Italy to discuss this. Yellen said they still need to figure out some details, but things are looking good. She believes they can agree on the loan idea soon. The G7 countries are the U.S., Japan, Germany, France, Britain, and Italy. They want to help Ukraine because Russia is causing problems there. Yellen also talked about China making too many things, which is bad for other countries. Some ministers worry about a trade war with China. But Germany, France, and Italy think they should work together against China's strong exports. They want to tell China they are concerned about its economic strategy. The finance ministers are trying to make a plan to help Ukraine using money from Russia. Ukraine needs money to fix its buildings and buy weapons. The World Bank president is willing to help with this plan. But some countries are not sure about taking all of Russia's money. They think maybe just the interest from the money should be used. Ukraine might get the first part of the money in July. There are still many things to figure out before giving the loan to Ukraine. Some people say Russia should lose all its money to show they support Ukraine. But others think it's too complicated. The plan is to give Ukraine money from Russia's frozen assets. This could help Ukraine a lot in its conflict with Russia.