U.S. Treasury Secretary Janet Yellen said on Tuesday that G7 and European Union allies are "very close" to finalizing a $50 billion loan to Ukraine backed by frozen Russian assets, with an expected U.S. contribution of about $20 billion, News.Az reports citing Reuters .

Secretary of the Treasury of the United States Janet Yellen has urged the EU to join US efforts to clamp down on Beijing’s green-tech exports, warning that a glut of cheap Chinese goods could threaten the survival of factories across the world, News.Az reports citing Financial Times.