🔗 Share this article Britain Set to Utilize Seized Russia's Holdings to Fund Ukraine's Defense The British government is set to progress with using the total value of seized Russian funds to support Ukraine's defense operations, Leader Sir Keir Starmer has stated. In a joint statement, the leaders of the United Kingdom, the French Republic, and the Federal Republic of Germany emphasized that this unified step would increase strain on Russian President Vladimir Putin and persuade Russia to come to the table. They added that the decision would be carried out in strong partnership with the America. United Kingdom penalties have immobilized more than £25bn of Russia's resources since Moscow launched its comprehensive attack against the Ukrainian nation in 2022. Yet, up to this point, funds sent to the Ukrainian government using Russia's funds had exclusively been taken from profits and interest accrued on them. Sir Keir assured Ukraine's leader Volodymyr Zelensky that the Britain, France, and Germany were in agreement in their aim to drive progress toward employing the complete amount of the immobilized Russian sovereign assets to conclude the conflict. He noted that further measures in the coming days and weeks would heighten the tension on Russia. This announcement comes after EU officials met in the Danish capital last week to consider employing seized Russian holdings for a 140-billion-euro loan to Ukraine. Recently, President Donald Trump called on Group of Seven partners to take or otherwise use seized Russia's holdings, as reported by reports. The worth of seized Russia's assets in the Europe is assessed to be almost €211bn. President Zelensky calls on the United Kingdom's Sir Keir Starmer to take part in the PURL program The Russian government launched large-scale missile and drone strikes all over the Ukrainian territory on Friday, causing electricity outages in many areas of the capital city, the city, and several other zones. Two people were killed and at least 20 people were injured in the assault, the Ukrainian government stated. In a message on social media following the incident, Zelensky stated that the strategic strike aimed at civilian and energy infrastructure. "What is required is not mere statements but firm measures - from the US, Europe, and the Group of Seven - in supplying air defence systems and enforcing sanctions," he stated. "Every sanction decision undermines Russia's war machine," Zelensky declared, in a additional update. Additionally that day, Zelensky stated to media outlets he would urge Sir Keir to participate in the Purl programme, under which partner nations acquire arms from the US to donate to Ukraine. While praising the United Kingdom's strong support for Ukraine, he said it should send a clear signal that it would participate in the initiative, as well as enforce more restrictions on Russia. Major Russian Strikes Disrupt Electricity in Kyiv and Nationwide War in Ukraine France Federal Republic of Germany Russia Ukraine