Of course Katie Zacharia was once part of a multi-level-marketing program for "Beachbody," a fitness company with a history of colorful legal woes. She described the program to us as "sort of a pyramid scheme." Scoop from @timmarchman & I
https://t.co/SNhAa0kACK
The G7 agreement to extend to Ukraine $50 billion in loans, backed by the interest generated on the Russian sovereign assets, is an important step towards ensuring the aggressor pays damages. But it is not the ultimate solution.
Only the transfer of the roughly $350 billion in frozen assets will effectively shift the cost burden. 🧊🪙🧊