The Latest: Italy hosts the Group of Seven summit with global conflicts on the agenda
Associated PressJun 12
The Facts
Coming on the sidelines of a Group of Seven (G7) summit in Italy, US Pres. Joe Biden announced on Thursday that he had inked a 10-year bilateral security agreement with his Ukrainian counterpart Volodymyr Zelenskyy.
"We’re not backing down," Biden said at a joint news conference with Zelenskyy. The agreement included approval of a $50B loan to Ukraine, repayment of which will come from interest on frozen Russian assets.
The Spin
Pro-establishment narrative
This historic agreement reached by Biden and Zelenskyy shows that democracies can deliver. It further demonstrates to Putin that the West's support of Ukraine remains unwavering
Establishment-critical narrative
This latest agreement is merely a symbolic move that lacks any longevity, as there's no guarantee that it will survive the American election, or substance, as it doesn't contain any real funding. This is merely an illusion of support.