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Richard Arnold: US Correspondent on the G7 funding for Ukraine and the deal between Biden and Zelenskyy

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World leaders are directing US$50 billion worth of interest from frozen Russian assets towards Ukraine.  

The funding was announced at today's G7 summit in Italy as a signal to Russia it cannot win the war by depleting Ukraine's resources.  

US President Joe Biden and Ukrainian President Volodymyr Zelenskyy also announced a bilateral security agreement.  

Zelenskyy's outlined the details of the agreement, noting it includes a long-requested shipments of F16 fighter jets.  

He says it clearly states the US supports Ukraine's efforts to win the war. 

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