G7 Finance Ministers Race to Secure More Ukraine Aid
KÖNIGSWINTER, Germany — Top economic officials from the world’s advanced economies moved closer toward agreement on a global rescue package for Ukraine on Thursday, with finance leaders negotiating the details of a multibillion-dollar plan to keep the Ukrainian government operating amid Russia’s onslaught.

Finance ministers of the Group of 7 nations expressed optimism about the emergency financing deal on the first day of a two-day summit, where they are focused on how to provide aid to Ukraine and exert pressure on Russia while avoiding economic blowback that will slow the global economy. Officials have been consumed with how to contain rising food and energy prices that have some economists worrying about a global recession.

Treasury Secretary Janet L. Yellen said at the end of the first day of meetings that the G7 was prepared to spend what is necessary to help Ukraine.